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!
For sale
Price cut: $150K (6/17)
$550,000
5396 Balsam Street, Arvada, CO 80002
3beds
1,058sqft
Single Family Residence
Built in 1949
0.58 Acres Lot
$547,000 Zestimate®
$520/sqft
$-- HOA
What's special
- 365 days
- 413
- 18
Zillow last checked:
Listing updated:
Listed by:
Donald Betts 303-888-4874 Bettsdonald@mac.com,
eXp Realty, LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 3332622
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Bedroom
- Description: Bedroom One
- Level: Main
- Area: 130.88 Square Feet
- Dimensions: 10.33 x 12.67
Bedroom
- Description: Bedroom Two
- Level: Main
- Area: 108.47 Square Feet
- Dimensions: 10.33 x 10.5
Bedroom
- Description: Bedroom Three
- Level: Main
- Area: 100.13 Square Feet
- Dimensions: 11.67 x 8.58
Bathroom
- Description: Main Bathroom
- Level: Main
- Area: 53.69 Square Feet
- Dimensions: 7 x 7.67
Dining room
- Description: Dining Room
- Level: Main
- Area: 83.84 Square Feet
- Dimensions: 9.67 x 8.67
Kitchen
- Description: Kitchen
- Level: Main
- Area: 171.64 Square Feet
- Dimensions: 9.67 x 17.75
Laundry
- Description: Laundry Closet
- Level: Main
- Area: 14 Square Feet
- Dimensions: 7 x 2
Living room
- Description: Living Room
- Level: Main
- Area: 129.77 Square Feet
- Dimensions: 9.67 x 13.42
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
- Laundry: Laundry Closet
Features
- No Stairs
- Flooring: Carpet, Vinyl, Wood
- Has basement: No
Interior area
- Total structure area: 1,058
- Total interior livable area: 1,058 sqft
- Finished area above ground: 1,058
Property
Parking
- Total spaces: 8
- Parking features: Circular Driveway, Oversized
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Off Street Spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: Ground
- Patio & porch: Deck, Front Porch
- Fencing: Partial
Lot
- Size: 0.58 Acres
- Features: Level, Sloped, Subdividable
Details
- Parcel number: 004272
- Zoning: R 13
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- Year built: 1949
Utilities & green energy
- Electric: 110V
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Arvada Old Town
HOA
- Has HOA: No
Location
- Region: Arvada
Financial & listing details
- Price per square foot: $520/sqft
- Tax assessed value: $567,602
- Annual tax amount: $4,089
- Date on market: 8/28/2025
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
- Exclusions: Personal Property
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$547,000
$520,000 - $574,000
$2,475/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $550,000$520/sqft |
Source:  REcolorado as distributed by MLS GRID #3332622 Report a problem | ||
| 6/27/2026 | Pending sale | $550,000$520/sqft |
Source: eXp Realty #3332622 Report a problem | ||
| 6/27/2026 | Contingent | $550,000$520/sqft |
Source: eXp Realty #3332622 Report a problem | ||
| 6/17/2026 | Price change | $550,000-21.4%$520/sqft |
Source: REcolorado as distributed by MLS GRID #3332622 Report a problem | ||
| 4/16/2026 | Price change | $700,000-6%$662/sqft |
Source: REcolorado as distributed by MLS GRID #3332622 Report a problem | ||
| 4/14/2026 | Listed for sale | $745,000$704/sqft |
Source: REcolorado as distributed by MLS GRID #3332622 Report a problem | ||
| 3/9/2026 | Pending sale | $745,000$704/sqft |
Source: eXp Realty #3332622 Report a problem | ||
| 12/23/2025 | Listed for sale | $745,000$704/sqft |
Source: eXp Realty #3332622 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,453 -0.1% | $35,475 +2.3% |
| 2024 | $3,456 +20.2% | $34,683 |
| 2023 | $2,876 -1.5% | $34,683 +20.9% |
| 2022 | $2,919 +11.8% | $28,684 -2.8% |
| 2021 | $2,612 | $29,509 +11.6% |
| 2020 | $2,612 +1.3% | $26,437 |
| 2019 | $2,577 +14.4% | $26,437 +17.7% |
| 2018 | $2,253 -23.2% | $22,459 |
| 2017 | $2,934 +50.6% | $22,459 +14.2% |
| 2016 | $1,949 -31.8% | $19,669 |
| 2015 | $2,859 +82.3% | $19,669 +30.5% |
| 2014 | $1,568 +3.5% | $15,073 |
| 2013 | $1,515 +2.1% | $15,073 +2.6% |
| 2012 | $1,484 -9% | $14,694 |
| 2011 | $1,631 +5.6% | $14,694 -9.6% |
| 2010 | $1,545 -5.6% | $16,250 |
| 2009 | $1,636 +0% | $16,250 -5.4% |
| 2008 | $1,636 -6.2% | $17,170 |
| 2007 | $1,743 +0.9% | $17,170 -5.2% |
| 2006 | $1,727 +6.4% | $18,110 +6.3% |
| 2005 | $1,624 +8.9% | $17,040 |
| 2004 | $1,491 +0.2% | $17,040 |
| 2003 | $1,488 +1.5% | $17,040 +1.8% |
| 2002 | $1,465 +17.1% | $16,740 +31% |
| 2001 | $1,252 -1.1% | $12,780 |
| 2000 | $1,266 | $12,780 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80002
Nearby schools
Schools provided by the listing agent
- Elementary: Lawrence
- Middle: Arvada K-8
- High: Arvada
- 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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