5396 Balsam Street, Arvada, CO 80002
Arvada Old Town · Jefferson County
Key Facts
Description
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!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1949
Living Area
1,058 sq ft
Lot Size
0.58 acres
Garage Spaces
2
Parking Spaces
8
Ownership
Individual
Zoning
R 13
Days on Market
260
MLS® Listing#
3332622
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Rooms
- 7.67 x 7Main
- Bedroom10.5 x 10.33Main
- Bedroom8.58 x 11.67Main
- Bedroom12.67 x 10.33Main
- Dining Room8.67 x 9.67Main
- Kitchen17.75 x 9.67Main
- Laundry2 x 7Main
- Living Room13.42 x 9.67Main
Schools
- Elementary:
- Lawrence
- Middle:
- Arvada K-8
- High:
- Arvada
Financial Details
HOA
None
Annual Taxes
$4,089
Tax year 2024
Parcel Number
004272
Directions
I70 to Wadsworth Blvd. North on Wadsworth to 52nd Ave. West on 52nd Ave to Balsam St. North on Balsam to the property.
Affordability Calculator
$110,000
Estimated monthly payment
$2,927/mo
Principal $440,000 · Est. interest $613,839 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Arvada, CO
- $612,211
- Median Listing Price
- 48
- Median Days on Market
- 2,022
- Median Sq Ft
- $306
- Median Price / Sq Ft
- 1,059
- Active Listings
- This home’s price is 10% below the area median.
- Its price per sq ft is 70% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Arvada, CO.
Location
Points of Interest in Arvada, CO
Showing the Arvada area map.
Nearby Schools
Lawrence Elementary School
Elementary · 0.3 mi away
Arvada K-8
Elementary · 0.5 mi away
Steele School for Early Learning
School · 0.5 mi away
Foster Elementary School
Elementary · 0.6 mi away
Shrine of St Anne School
School · 0.6 mi away
Faith Christian Schools
Secondary · 0.7 mi away
Peace Early Learning Center
School · 0.7 mi away
Colorado Christian Montessori
Elementary · 1.0 mi away
Hope Academy
School · 1.4 mi away
Arvada High School
Secondary · 1.4 mi away
Wilmore Davis Elementary School
Elementary · 1.5 mi away
Secrest Elementary School
Elementary · 1.5 mi away
Mountain Phoenix Community School
Elementary · 1.6 mi away
Stevens Elementary School
Elementary · 1.6 mi away
Allendale Elementary School
Elementary · 1.8 mi away
Compass Montessori School
Elementary · 1.8 mi away
Wheat Ridge 5-8 School
School · 1.8 mi away
St Peter & Paul Catholic Church
School · 1.8 mi away
Anderson Preschool
School · 1.9 mi away
Everitt Middle School
Secondary · 2.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 11570 W 70th Place A, Arvada, CO | $385,000 | 3 | 3 | 1,618 |
| 11570 W 70th Pl A, Arvada, CO | $385,000 | 3 | 3 | 1,618 |
| 8654 Chase Dr 339, Arvada, CO | $385,000 | 2 | 2 | 1,040 |
| 8654 Chase Drive 339, Arvada, CO | $385,000 | 2 | 2 | 1,040 |
| 8771 Carr Loop, Arvada, CO | $388,000 | 3 | 4 | 1,650 |
| 8771 Carr Loop, Arvada, CO | $388,000 | 3 | 4 | 1,650 |
Moving Cost Estimate
EXIT Agents in Arvada
Listing Courtesy: eXp Realty, LLC - Bettsdonald@mac.com,303-888-4874
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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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