Listing provided courtesy of eXp Realty, LLCMLS# 3332622MLS Provider
  • 304 days on site
  • 2 views

Sellers are MOTIVATED! Welcome to 5396 Balsam Street in the heart of Arvada! This 3-bedroom, 1-bath home sits on an expansive 25,265 sq. ft. lot offering a rare opportunity for both homeowners and investors. The property’s generous size and multi-unit zoning create outstanding development potential—whether you envision building additional residences, exploring income-producing opportunities, or designing your own dream retreat. The existing home provides comfortable living with three well-sized bedrooms, a full bath, and a functional floor plan. Surrounded by mature trees and open space, the oversized lot delivers a sense of privacy while still being close to everything Arvada has to offer. Enjoy easy access to Olde Town Arvada’s shops, dining, and light rail, as well as nearby parks, schools, and major commuter routes. This property combines current livability with incredible future upside—making it a truly unique find in today’s market. Additionally, the owners of several adjacent properties are willing to sell for the right price so a larger assemblage would be an option. The subject property is zoned R13 and the parcels to the North are zoned R24 so the possible density options are attractive. Consult with Arvada City planning to fully understand the potential. Don’t miss the chance to own a piece of Arvada with very attractive development possibilities!

Source: REColorado MLS, MLS#: 3332622

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  • Property Type
    Residential
  • Lot
    0.58 acres

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Michael Kozlowski

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5396 Balsam Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/27/2026Source: REColorado MLS Status Change
Pending
6/17/2026Source: REColorado MLS Price Reduction
$550,000 -21.4%
4/16/2026Source: REColorado MLS Price Reduction
$700,000 -6.0%
4/14/2026Source: REColorado MLS Status Change
Active
3/9/2026Source: REColorado MLS Status Change
Pending
12/19/2025Source: REColorado MLS Price Reduction
$745,000 -0.7%
8/29/2025Source: REColorado MLS Added to Database
August 29, 2025