Metro Denver Luxury Homes For Sale

Property Description

Value-Add Equity Opportunity — 3701 E 118th Ave, Thornton, CO

Unlock the potential in this solid Thornton ranch with a fully finished basement, original hardwood floors, and a huge fenced lot—the perfect setup for buyers looking to add value, create equity, or customize a home to their style.

The main level features 2 bedrooms and 1 full bath, hardwood flooring, and great natural light throughout the living and dining areas. The kitchen is clean and functional, offering a blank canvas for future upgrades or a full modern redesign.

Downstairs, the updated basement includes new carpet, one full bedroom, a bathroom, and a bonus room (non-conforming)—a flexible space ideal for a home office, gym, guest suite, or conversion to a conforming bedroom for added value.

Outside, the property sits on an expansive lot with plenty of room to build out outdoor living, garden, or explore future improvements such as a larger patio, workshop, or additional storage. No HOA means more freedom for updates and long-term planning.

Key Investor / Value-Add Highlights:

Strong layout for cosmetic upgrades

Potential for 4th conforming bedroom (egress installation)

Large lot with room for expanded outdoor living

Finished basement increases rental or resale versatility

Solid structure, original character, and opportunity to modernize

Attached 2-car garage + updated mechanicals

Easy access to parks, schools, shopping, and I-25 for commuter appeal

This home offers immediate livability with long-term upside, making it ideal for investors, first-time buyers seeking equity growth, or anyone ready to create value in a great Thornton location.

Features
: Forced Air
: Central Air
: Finished
: Living Room
: 2
: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer, Oven
: Concrete, Lighted, Exterior Access Door
: Shingle
: Public Sewer
Address Map
CO
Adams
Thornton
80233
118th
3701
Avenue
W105° 3' 26.1''
N39° 54' 36.2''
E
Additional Information
: Frame, Brick
From I-25, take the 120th Ave exit and head east. Turn right (south) on Madison St., then turn left (east) on E 118th Ave. Home will be on the left where Garfield meets 118th.
Woodglen
1
: Carpet, Wood
2
Mountain Range
Yes
Yes
1031 Exchange, Cash, Conventional, FHA, Other
Century
Keller Williams Advantage Realty LLC
R0026511
: None
: House
Woodglen
$2,865
2024
12/11/2025
1700
Active
1
Adams 12 5 Star Schl
Adams 12 5 Star Schl
In Unit
Adams 12 5 Star Schl
12/11/2025
12/11/2025
Public
: Two

Woodglen

3701 E 118th Avenue, Thornton, CO 80233

3 Bedrooms
2 Total Baths
1,530 Square Feet
$415,000
Listing ID #1592067
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1592067
Price : $415,000
Bedrooms : 3
Rooms : 6
Total Baths : 2
3/4 Bathrooms : 2
Square Footage : 1,530 Square Feet
Year Built : 1972
Lot Area : 7,810 Acres
Lot Acres : 0.18
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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