Incredible Development Opportunity! 1 Acre in Prime Arvada Location. Zoned R-13. Rare opportunity to acquire a high-potential 1-acre flat lot in Arvada, zoned R-13 and eligible for up to 13 residential units. Whether you're planning a multi-family development, townhomes, or a small subdivision, this property offers strong upside in a sought-after area. The existing 3-bed, 1-bath home with oversized 2 car garage, can generate rental income while securing permits and finalizing plans. Utilities are active (public water, well, and irrigation ditch rights included). Minutes from Olde Town Arvada, Wadsworth corridor, light rail, and easy access to Downtown Denver and the mountains. Boundary survey included. Buyer to verify all development details with the City of Arvada. Home sold in "as is" condition.
Lot/land
$995,000
5300 Balsam Street, Arvada, CO 80002
--beds
--baths
1Acres
Improved Land
Built in ----
1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 413 days |
- 164 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Ronda Campbell 970-389-3437 RondaCampbell11@gmail.com,
RE/MAX Properties Of The Summit
Source: REcolorado as distributed by MLS GRID,MLS#: 2720266
Facts & features
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Fencing: Partial
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Size: 1 Acres
- Features: Ditch, Irrigated, Near Public Transit, Subdividable
- Residential vegetation: Grassed, Natural State
Details
- Parcel number: 004416
- Zoning: R-13
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Agriculture/Ditch Water, Public, Well
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Subdivision: Olde Town Arvada
HOA
- Has HOA: No
Location
- Region: Arvada
Financial & listing details
- Tax assessed value: $563,177
- Annual tax amount: $3,189
- Date on market: 7/10/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Exclusions: Cow Will Be Excluded From The Sale. Property Will Be Left Clean. All Vehicles And Trailers Will Be Removed.
- Ownership: Individual
- Has irrigation water rights: Yes
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2025 | Listed for sale | $995,000+338.3% |
Source:  REcolorado as distributed by MLS GRID #2720266 Report a problem | ||
| 12/19/2000 | Sold | $227,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,189 -0.1% | $35,199 +9.9% |
| 2024 | $3,192 +16.3% | $32,033 |
| 2023 | $2,746 -1.5% | $32,033 +17% |
| 2022 | $2,786 +18.7% | $27,383 -2.8% |
| 2021 | $2,347 | $28,171 +18.6% |
| 2020 | $2,347 +1.3% | $23,761 |
| 2019 | $2,316 +4% | $23,761 +7% |
| 2018 | $2,227 | $22,198 |
| 2017 | $2,227 +0.9% | $22,198 -0.4% |
| 2016 | $2,207 +100% | $22,277 |
| 2015 | $1,103 -44.1% | $22,277 +17.5% |
| 2014 | $1,972 +2% | $18,957 |
| 2013 | $1,933 +2.1% | $18,957 +1.1% |
| 2012 | $1,893 -18.8% | $18,746 |
| 2011 | $2,332 +5.6% | $18,746 -19.3% |
| 2010 | $2,209 -0.2% | $23,230 |
| 2009 | $2,212 +0% | $23,230 +0% |
| 2008 | $2,212 +17.3% | $23,220 |
| 2007 | $1,886 +0.9% | $23,220 +18.5% |
| 2006 | $1,868 +0.4% | $19,590 +0.3% |
| 2005 | $1,861 +8.9% | $19,530 |
| 2004 | $1,708 -2% | $19,530 |
| 2003 | $1,744 +1.5% | $19,530 -0.5% |
| 2002 | $1,717 +1.1% | $19,620 +13.1% |
| 2001 | $1,699 -1.1% | $17,350 |
| 2000 | $1,719 | $17,350 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 80002
Nearby schools
GreatSchools rating
- NAArvada K-8Grades: K-8Distance: 0.6 mi
- 2/10Arvada High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: Jefferson County R-1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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