Welcome to 765 Emerald Lane, a prime real estate opportunity in the heart of Lakewood, Colorado. This property showcases two income-generating homes on one lot, currently delivering a monthly rent of $1,300 and $1,800. Set in an custom home neighborhood, it seamlessly blends immediate cash flow with substantial development potential. Positioned on an expansive double lot spanning 25,418 square feet, this property offers the possibility of subdivision, creating space for the construction of two spacious single-family homes, potentially with Accessory Dwelling Units (ADU). While benefiting from existing rental income, you can also take your time to plan and design the layout of the two single-family residences. It's a rare chance to capitalize on both rental returns and the prospect of future development. There is a possibility of a zone change to build up to 6-8 units, however, seller and listing agent does not guarentee any information provided here and suggests Buyers to do their proper due diligence.
Sold for $500,000
$500,000
765 Emerald Lane, Lakewood, CO 80214
2beds
1,068sqft
Single Family Residence
Built in 1913
0.58 Acres Lot
$560,700 Zestimate®
$468/sqft
$2,339 Estimated rent
Home value
$560,700
$533,000 - $589,000
$2,339/mo
Zestimate® history
Owner options
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$2,339/mo
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$2,339/mo
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$2,947/mo
Est. payment
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$2,947/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Josh Horwitz 303-204-4464 josh@capitalpropgroup.com,
Capital Property Group LLC
Bought with:
Mike Lawton, 100076670
Your Castle Real Estate Inc
Source: REcolorado as distributed by MLS GRID,MLS#: 9179723
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Main
Heating
- Baseboard
Cooling
- None
Features
- Has basement: No
Interior area
- Total structure area: 1,068
- Total interior livable area: 1,068 sqft
- Finished area above ground: 1,068
Property
Parking
- Total spaces: 6
- Details: Off Street Spaces: 6
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.58 Acres
- Features: Corner Lot, Level, Subdividable
Details
- Parcel number: 214926
- Zoning: R-1-12
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Other
Condition
- Fixer
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Green Acres
HOA
- Has HOA: No
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $468/sqft
- Tax assessed value: $478,589
- Annual tax amount: $2,424
- Date on market: 11/8/2023
- Listing terms: 1031 Exchange,Cash,Conventional,Private Financing Available
- Exclusions: Tenants Personal Property
- Ownership: Corporation/Trust
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2023 | Sold | $500,000+5.3%$468/sqft |
Source:  REcolorado as distributed by MLS GRID #9179723 Report a problem | ||
| 11/18/2023 | Pending sale | $475,000$445/sqft |
Source: REcolorado as distributed by MLS GRID #9179723 Report a problem | ||
| 11/8/2023 | Listed for sale | $475,000+248%$445/sqft |
Source: REcolorado as distributed by MLS GRID #9179723 Report a problem | ||
| 9/18/2012 | Sold | $136,500$128/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,146 +0.5% | $29,912 -13.8% |
| 2024 | $3,130 +29.2% | $34,709 |
| 2023 | $2,424 -1.4% | $34,709 +32.1% |
| 2022 | $2,458 +12% | $26,271 -2.8% |
| 2021 | $2,196 | $27,027 -26.6% |
| 2020 | $2,196 -33.3% | $36,819 |
| 2019 | $3,291 +28.7% | $36,819 +33.1% |
| 2018 | $2,557 | $27,666 |
| 2017 | $2,557 +10.1% | $27,666 +4.7% |
| 2016 | $2,322 +100% | $26,419 |
| 2015 | $1,161 -35.9% | $26,419 +38.5% |
| 2014 | $1,813 +25.2% | $19,077 +22.9% |
| 2000 | $1,447 | $15,520 |
Find assessor info on the county website
Neighborhood: Green Acres
Nearby homes
- $995,2004 bd2 ba3k sqft725 Emerald Ln, Lakewood, CO 80214Off Market
- $560,5003 bd1 ba1.2k sqft715 Emerald Ln, Lakewood, CO 80214Off Market
- $393,8002 bd1 ba1.3k sqft730 Wadsworth Blvd, Lakewood, CO 80214Off Market
- $1,093,5004 bd4 ba3.9k sqft7555 Highland Dr, Lakewood, CO 80214Off Market
- $350,0002 bd1 ba873 sqft740 Emerald Ln, Lakewood, CO 80214Sold
- $581,8003 bd2 ba1.3k sqft730 Emerald Ln, Lakewood, CO 80214Off Market
- $954,0004 bd4 ba3k sqft7525 Highland Dr, Lakewood, CO 80214Off Market
- $1,030,8004 bd3 ba2.9k sqft7575 Highland Dr, Lakewood, CO 80214Off Market
Nearby schools
GreatSchools rating
- 2/10Lumberg Elementary SchoolGrades: PK-6Distance: 1.6 mi
- 4/10Creighton Middle SchoolGrades: 6-8Distance: 1.5 mi
- 8/10Lakewood High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Molholm
- Middle: Creighton
- High: Lakewood
- 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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Estimated market value
$560,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$560,700
- Colorado
- Jefferson County
- Lakewood
- 80214
- Green Acres
- 765 Emerald Lane
Nearby cities
Nearby neighborhoods
Nearby zip codes
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