$585,000
1938 Crested Lark St, Fort Collins, CO 80528
New Lennar Paired Home — 3 Bed, Loft & Unfinished Basement
3 Bed · 2.5 Bath · 2,959 Sq Ft
Contemporary paired home with expansion potential and 2-car garage
3
Beds
2.5
Baths
2,959
Sq Ft
2026
Built
Front-loading 2-car attached garage
Garage
About 1938 Crested Lark St
Welcome to 1938 Crested Lark St — a new Lennar-built paired home in the Timber Lark community offering an intelligently designed plan for everyday living and future growth. The open main level centers on a large center island kitchen that flows to the dining nook and great room, making this layout excellent for day-to-day life and entertaining. Just off the living area, a covered deck extends the home outdoors and provides a comfortable spot for coffee or evening conversation.
Upstairs, the owner's suite provides privacy with a full bath and walk-in closet; two additional bedrooms share a full hall bath while a versatile loft creates flexible space for a media room, homework station, or second sitting area. The unfinished basement is the standout value proposition — it offers a blank stage for adding significant finished square footage, whether you need a home theater, additional bedrooms, or a home gym. The farmhouse-inspired exterior delivers curb appeal without being fussy, while interior finishes (carpet and vinyl floors; full appliance package included) keep the home move-in ready.
Practical touches include a front-loading 2-car garage, in-unit laundry, and connected utilities (public water/sewer, gas, electric). Timber Lark provides neighborhood open spaces, a community playground, and low monthly HOA dues covering common maintenance and trash — importantly, the community is not in a metro district, so homeowners avoid certain special district taxes common to some new neighborhoods.
This home is ideal for a family seeking modern living with room to grow, or for buyers who want new construction without the long wait. Schedule a tour with the builder's team to review standard finishes, available upgrades, and timeline; budget to finish the basement to unlock additional value and living area.
Home Highlights
Property Features
Interior Features
- Open main level with large center island kitchen
- 3 bedrooms, 2.5 bathrooms
- Flexible upstairs loft for study or media
- In-unit laundry
- Appliances included: dishwasher, disposal, microwave, oven, refrigerator
- Carpet and vinyl flooring throughout
Exterior & Lot
- Farmhouse-inspired exterior
- Covered deck off main living area
- Front-loading 2-car attached garage
- Community open spaces and playground
- Low HOA; Timber Lark not in a metro district
Location & Neighborhood
- Timber Lark community — southeast Fort Collins
- Convenient access to Harmony retail corridor and I-25
- Near parks, regional trails and family-friendly amenities
- Poudre School District (confirm assignments)
Walkability & Recreation
- Walkability Rating: 45/100
- Nearby parks and community playgrounds
- Short drive to wider Fort Collins amenities and trail system
Neighborhood & Location
Timber Lark is a recently developed southeast Fort Collins neighborhood aimed at families and buyers seeking new, low-maintenance homes. The community plan includes open spaces and a playground, and its location provides straightforward access to the Harmony retail corridor, employment nodes along I-25, and the broader Fort Collins trail network. The neighborhood character is relaxed suburban with a mix of paired homes and single-family dwellings, attracting buyers who prioritize newer construction and community amenities.
Market Insights
Southeast Fort Collins has been one of the more active submarkets for new construction in recent years. Buyers are attracted to new communities that provide modern floorplans, lower maintenance, and proximity to retail corridors along Harmony and the I-25/Hwy 14 access points. As of early 2026, inventory in Fort Collins remained relatively tight with average days on market around the mid-20s and median single-family sale prices in the mid-$500Ks. New builds often trade at a small premium for warranty and turnkey condition; this paired home is positioned competitively at $198/sqft and offers an important differentiator — an unfinished basement ready to be finished to increase value or rental income. For sellers, the market still rewards well-priced new product; for buyers, negotiating incentives or upgrades with builders remains an opportunity.
Nearby Schools
Poudre School District (verify assignment)
District · Varies
Rocky Mountain High School
High · Approx. 4–6 mi (verify)
Local Elementary (To be assigned by PSD)
Elementary · Verify with PSD
Walkability & Recreation
Good access to parks, community playgrounds, and regional trails within short driving distance — suitable for families and outdoor enthusiasts.
Investment Highlights
- Brand-new Lennar construction — builder warranty potential
- Unfinished basement (~expansion potential) — opportunity to add finished sqft/value
- Large total building area (2,959 SF) for a paired home product
- Low neighborhood HOA and no metro district (builder disclosure)
- Covered deck and flexible loft space enhance livability
Key Findings
- List price: $585,000; price per sqft reported at $198.
- 3 beds, 2.5 baths, 2-car garage, unfinished basement; total building SF 2,959.
- New construction in Timber Lark community by Lennar — likely completion/occupancy in 2026.
- Located in Poudre School District; exact school assignments should be confirmed with PSD.
- Market context indicates modest appreciation and steady demand for new product in SE Fort Collins.
Things to Consider
- Unfinished basement means immediate usable living area may be less than total SF until finished.
- Exact school boundaries for new developments can change — confirm before relying on school ratings.
- New-construction inventory and incentives can impact resale pricing if multiple similar models are released nearby.
Opportunity Analysis
Buyers seeking a low-maintenance new home with expansion upside should consider this Lennar paired home: purchase at list with plans to finish the basement within 1–3 years to capture added value and rental income potential. Owner-occupants gain a contemporary floorplan with loft and covered deck suitable for family living; investors can lease as a higher-quality rental with modest capex to finish basement.
Potential Use Scenarios
- Owner-occupant: negotiate upgrades or closing incentives with builder; budget to finish basement within 6–18 months.
- Investor: model rent capture after finishing basement and estimate 6–8% gross yield depending on final rents and financing.
- Agent: highlight basement expansion potential and low HOA/no metro district in marketing materials.
Risk Factors
- Competition from other new builds offering promotional pricing or incentives.
- Uncertain short-term interest rate environment could affect buyer demand.
- Finish costs for basement may be higher than typical if structural or mechanical allowances are limited.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$555K
Midpoint
$585K
High
$615K
$198/SF estimated price per square foot
Estimate anchored to list price and price/sqft reported (198). Range +/- ~5% to reflect new-construction premium and local demand. No live comparable sales pulled; valuation uses market memory for Fort Collins SE submarket and new-build discounts/premiums.
As of 2026-03-12
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
SE Fort Collins has seen steady household growth with new subdivisions and commuters to I-25/Town of Timnath. Demographic figures are estimated and should be verified.
Nearby Points of Interest
- Harmony Road retail corridor (1-3 mi)
- Fort Collins shopping & services (3-6 mi)
Timber Lark is a planned new neighborhood in southeast Fort Collins with nearby retail, restaurants along Harmony and I-25 corridor access; parks and regional trails are within a short drive.
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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