$410,000
1501 E 98th Ave, Thornton, CO 80229
Large Lot 4-Bed Bi-Level in Quiet Thornton Cul-de-Sac
4 Bed · 2 Bath · 1,800 Sq Ft
Spacious home on a 9,598 SF lot — value and upside in a commuter-friendly location
4
Beds
2
Baths
1,800
Sq Ft
1973
Built
0.22 acres
Lot
1-car (verify configuration) + driveway
Garage
About 1501 E 98th Ave
This bi-level home at 1501 E 98th Ave delivers rare scale and renovation potential in a quiet Thornton cul-de-sac. The generous lot — 9,598 SF — is the standout feature: deep rear yard space creates room for a meaningful outdoor program, whether you envision a patio and garden, play areas, or a custom entertaining yard with room for expansion. Inside, roughly 1,800 SF is distributed across upper and garden-level living areas that give you flexible separation for family life and work-from-home needs.
Four bedrooms and two full baths provide strong day-to-day functionality. The entry opens to a central circulation point, with the upper level providing primary living spaces and the garden level delivering secondary living/rec room space that transitions directly to the backyard. Original-era details are present throughout (including a bay window), and the layout has solid bones — an ideal candidate for a thoughtful cosmetic and systems refresh to unlock value.
The home is sold AS-IS and represents an attractive opportunity for buyers who want to add immediate equity through targeted updates. The oversized lot alone separates this property from many comparables in the price band and should support added value when the interior is modernized. Practical features include an indicated 1-car garage and driveway parking; confirm configuration during your showing.
Location is highly commuter-friendly: easy access to I-25, nearby shopping and services, and regional connections to Denver and Denver International Airport. This property will suit an owner-occupier looking to personalize a long-term family home or an investor seeking a single-family value-add in Thornton.
Schedule a showing with the listing agent to evaluate the property condition and discuss scope for improvements — with the right vision, this lot and layout can deliver meaningful upside.
Home Highlights
Property Features
Interior Features
- 4 bedrooms, 2 full bathrooms
- Approx. 1,800 SF across two levels
- Garden-level living area ideal for family room or home office
- Bay window detail adds character to main living area
- Appliances included: refrigerator, range, microwave, dishwasher
Exterior & Lot
- Large 9,598 SF lot (≈0.22 acres)
- Located on a quiet cul-de-sac
- Room for landscaping, garden, and outdoor entertaining
- Driveway parking plus 1-car garage (verify)
- Expansive rear yard with potential for additions or hardscape
Location & Neighborhood
- Commuter-friendly access to I-25
- Short drive to local shopping and dining corridors
- Suburban family-oriented neighborhood in Thornton
- Proximity to parks and recreational amenities
Walkability & Recreation
- Walkability Rating: 45/100
- Easy access to neighborhood parks and greenways
- Nearby trails and regional recreation within short drive
- Quiet residential streets for neighborhood walks and biking
Neighborhood & Location
The 98th Avenue area of northeast Thornton is a mature suburban neighborhood characterized by detached single-family homes, quiet streets, and a mix of original-era residences and renovated properties. Residents value lot sizes, access to local parks, and relatively fast commutes to Denver via I-25. Retail clusters and daily services are a short drive away, making the neighborhood practical for families and commuters.
Market Insights
Thornton sits on the more affordable edge of the Denver metro, and this segment (northeast Thornton/80229) attracts buyers seeking larger lots at lower price per square foot compared with inner suburbs. Over the last few years the area has seen steady, moderate appreciation; inventory levels fluctuate but suburban demand remains solid for move-in-ready homes. This property is priced to reflect condition and upside: at $410,000 it targets renovators and owner-occupiers who prioritize outdoor space and commuter access. If the market tightens, renovated homes on large lots in this corridor typically perform well — conversely, extended softening in the broader Denver market could compress margins for value-add plays. Overall, this is a compelling buy for an investor or homeowner prepared to invest in updates.
Nearby Schools
Westlake Elementary School
Elementary · 1.5 mi
Northglenn Middle School
Middle · 2.0 mi
Horizon High School
High · 3.0 mi
Walkability & Recreation
Short drives to neighborhood parks and regional trails; yard size supports extensive private outdoor recreation and entertainment.
Investment Highlights
- Large 9,598 SF lot on a quiet cul-de-sac — rare in this price band
- Flexible bi-level floorplan with garden-level living areas
- Listed at $410,000 — price positions for renovation upside
- Easy access to I-25 and regional amenities; good commuter location
- Sold AS-IS — opportunity to create value through targeted updates
Key Findings
- 4 beds / 2 baths; ~1,800 SF; built 1973 (MLS data)
- 9,598 SF lot: above-average parcel for the immediate neighborhood
- List price $410,000; price per SF reported ~$228
- Property being sold AS-IS; previous public-record sale in 2019 at $205,000
- Photos show original-era finishes and garden-level living spaces; bay window feature noted
Things to Consider
- Condition unknown — likely cosmetic and systems updates required
- As-is sale increases risk of latent defects without seller remediation
- Zoning/building approvals required for major expansions or accessory structures
- School assignments and ratings should be verified for buyer priorities
Opportunity Analysis
Acquire a spacious bi-level on a large lot below replacement cost and add value through targeted interior renovation and modest landscaping/curb improvements. Capture equity on resale to owner-occupiers or lease to long-term renters in Thornton's value-oriented suburban market.
Potential Use Scenarios
- Cosmetic rehab: kitchen, bathrooms, flooring, paint to reach mid-market finish
- Improve curb appeal and backyard entertaining infrastructure to maximize perceived lot value
- Verify major systems (roof, HVAC, electrical, plumbing) — replace or repair as needed early in hold period
- Consider light modernization while preserving functional layout to control rehab budget and time-to-market
Risk Factors
- Unexpected structural or MEP problems uncovered during inspection
- Short-term market softness that compresses ARV (after-repair value)
- Permitting delays or neighborhood restrictions for significant expansions
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$380K
Midpoint
$408K
High
$435K
$226/SF estimated price per square foot
Estimate anchored to MLS list price of $410,000 and local suburban Thornton sales patterns for ~1,700-1,900 sf bi-levels on large lots. Adjusted for age (1973), condition (sold AS-IS), and lot size premium (9,598 sqft). No live comparable sales pulled; verify with local comps.
As of 2026-03-14
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Thornton/Adams County has seen steady population growth; suburban demand remains from buyers seeking value outside central Denver. Estimate based on regional data; verify for micro-area.
Nearby Points of Interest
- The Streets at Northglenn (approx 3 mi)
- Interstate 25 (immediate access)
Suburban neighborhood with neighborhood parks and recreational amenities nearby; shopping and dining corridors along Thornton Parkway and 104th/Colorado Blvd corridors; relatively quick access to I-25 and light rail stations to the west/southwest.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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