Metro Denver Luxury Homes For Sale

Property Description

Rare Greenwood Hills Opportunity | 0.77 Acres | Mountain Views | Builder & Investor Potential

An exceptional opportunity in highly sought-after Greenwood Hills, where expansive lots, mature trees, and custom luxury homes define the landscape. Set on a sprawling 0.77 Acre parcel, this property offers the scale, privacy, and long-term upside that’s increasingly difficult to find in Greenwood Village.

The existing 5-bedroom, 5-bath residence spans 3,749 square feet and includes a private driveway, 2-car garage, established landscaping, and mountain views. The true value lies in the land, the setting, and the flexibility it offers.

Surrounded by significant redevelopment and multimillion dollar custom homes, this property presents a compelling opportunity for a builder seeking a premier custom build site, an investor planning a strategic renovation and resale, or a buyer ready to create a tailored estate in a location that supports luxury growth.

Large parcels in Greenwood Hills are hard to find, particularly in a neighborhood seeing continued luxury redevelopment. Renovate what’s here or start fresh with a custom build as the lot size, location, and surrounding home values support either path. There is significant interest in this property. Get it now before its gone.

Being sold as-is and priced to sell.

Any digital renderings provided are conceptual in nature and for illustrative purposes only. They are not representations of the existing home or guaranteed build outcomes. Buyers are responsible for verifying all redevelopment possibilities, zoning, and building requirements with the City of Greenwood Village. HOA is Voluntary.

Features
: Electric, Hot Water
: Evaporative Cooling
: Finished, Daylight
: Partial
: Mountain(s)
: Covered
: 2
: Unfurnished
: Traditional, Mid-Century Modern
: Concrete, Oversized, Exterior Access Door
: Composition
: Public Sewer
Address Map
CO
Arapahoe
Greenwood Village
80111
Locust
5490
Street
W105° 5' 7.5''
N39° 37' 1.4''
S
Additional Information
Annually
: Brick, Wood Siding, Concrete
West
: 110V
Greenwood
2
Cherry Creek
Yes
Yes
Cash, Conventional, Other
: Level, Corner Lot, Many Trees
West
Kentwood Real Estate Cherry Creek
031786487
: None
: House
Greenwood Hills
$8,349
2024
: Cable Available, Electricity Available, Natural Gas Available, Electricity Connected
R1.0
02/21/2026
3749
Active
Yes
1
Cherry Creek 5
Concrete Perimeter, Slab
Cherry Creek 5
Cherry Creek 5
02/21/2026
02/21/2026
Public
: Two

Greenwood Hills

5490 S Locust Street, Greenwood Village, CO 80111

5 Bedrooms
5 Total Baths
3,749 Square Feet
$1,499,000
Listing ID #6424689
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 6424689
Price : $1,499,000
Bedrooms : 5
Rooms : 10
Total Baths : 5
Full Bathrooms : 4
1/2 Bathrooms : 1
Square Footage : 3,749 Square Feet
Year Built : 1961
Lot Area : 0.77 Acres
Lot Acres : 0.77
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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