One of the most charming and unique homes in coveted Winston Downs, close to Lowry, Cherry Creek North, schools, shops, parks and trails. Not just an investor special, but an investor dream. So much character and charm throughout. First time on the market in more than 50 years. The hardwood floors feel brand new after having been covered for decades. Marvel at the two-sided fire place, walls of glass, classic wood paneling, sauna, brick interior walls and unbelievable covered outdoor patio space. And did someone say sunken fireplace conversation pit in the family room?! Check. The main floor boasts 3 beds, 2 baths, an expanded primary, and a super swank addition off the dining room that opens to the back patio. Basement has 1B/1b, a large family room, sauna, and storage. Enjoy a large 2 car garage and a clean, prime 10,000 SF lot on a quiet block. Owner occupy and tailor finishes as you go, or refinish to resell. This is not your ordinary 60s ranch.
Accepting backups
$625,000
586 S Olive Way, Denver, CO 80224
3beds
3,179sqft
Single Family Residence
Built in 1961
10,000 Square Feet Lot
$-- Zestimate®
$197/sqft
$-- HOA
What's special
- 13 days
- 2,561
- 461
Zillow last checked:
Listing updated:
Listed by:
Amie Mackenzie 720-353-3833 amackenzie@livsothebysrealty.com,
LIV Sotheby's International Realty,
Aaron Luttrell 303-748-3200,
LIV Sotheby's International Realty
Source: REcolorado as distributed by MLS GRID,MLS#: 5166956
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Features: Primary Suite
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom
- Features: En Suite Bathroom, Primary Suite
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Basement
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Heating
- Hot Water
Cooling
- Air Conditioning-Room
Appliances
- Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator
- Laundry: In Unit
Features
- Sauna
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,179
- Total interior livable area: 3,179 sqft
- Finished area above ground: 2,195
- Finished area below ground: 984
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Concrete
- Attached garage spaces: 2
- Details: Off Street Spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,000 Square Feet
- Features: Level
Details
- Parcel number: 617108012
- Zoning: S-SU-F
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Winston Downs Second Filing
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $804,700
- Annual tax amount: $3,801
- Date on market: 9/17/2026
- Listing terms: Cash,Conventional
- Exclusions: Seller's Personal Property And Staging Items
- Ownership: Individual
- 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 |
|---|---|---|
| 9/21/2026 | Pending sale | $625,000$197/sqft |
Source:  REcolorado as distributed by MLS GRID #5166956 Report a problem | ||
| 9/17/2026 | Listed for sale | $625,000$197/sqft |
Source: REcolorado as distributed by MLS GRID #5166956 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,837 +2.2% | $56,740 +17.1% |
| 2024 | $3,754 +24.5% | $48,450 -6.1% |
| 2023 | $3,016 +3.6% | $51,620 +36.1% |
| 2022 | $2,912 +36.4% | $37,930 -2.8% |
| 2021 | $2,135 +2.9% | $39,020 +8.6% |
| 2020 | $2,076 +2% | $35,929 -0.7% |
| 2019 | $2,034 | $36,180 +8% |
| 2018 | $2,034 +0.3% | $33,490 |
| 2017 | $2,028 +5% | $33,490 +2.4% |
| 2016 | $1,932 +23.3% | $32,690 -5.3% |
| 2015 | $1,567 0% | $34,510 +28.6% |
| 2014 | $1,568 -4% | $26,830 |
| 2013 | $1,634 -16.4% | $26,830 -2% |
| 2012 | $1,953 +0.2% | $27,390 |
| 2011 | $1,949 +2.2% | $27,390 -6.4% |
| 2010 | $1,907 +29.6% | $29,270 |
| 2009 | $1,471 -0.2% | $29,270 -2.4% |
| 2008 | $1,474 +19.1% | $29,990 -5% |
| 2007 | $1,237 -29.3% | $31,560 +19.4% |
| 2006 | $1,750 +1.4% | $26,440 |
| 2005 | $1,727 +68.7% | $26,440 -6.2% |
| 2003 | $1,024 -33.6% | $28,180 +7.4% |
| 2002 | $1,542 | $26,250 +21.4% |
| 2001 | -- | $21,630 |
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: Washington Virginia Vale
Nearby schools
Schools provided by the listing agent
- Elementary: Denver Green
- Middle: Denver Green
- High: George Washington
- District: Denver 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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