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Home » Real Estate » CO » Arvada » 80002 » 5396 Balsam St, Arvada, CO, 80002
$700,000

5396 Balsam St, Arvada, CO, 80002

3 Beds
1 Bath
1,058 Square Feet
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!
Offered By
Donald Betts, eXp Realty, LLC

Property Details

Property Type Residential
Status Active
Bedrooms 3
Bathrooms (Full) 1
Property Sub Type Single Family Residence
Square Feet 1,058
MLS # 3332622

Market Trends

New Properties On Market
22
12% Decrease In New Listings
Average Asking Price
$691,163
$222,529 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$313
$42 Decrease In List Price/Sq. Ft.
Average Days On Market
7
22 Day Decrease In Days On Market
Data as of Jun 04, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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