Estimate anchored to the provided list price ($575,000). Range reflects recent market movement in Castle Rock and typical adjustments for unfinished basement convertible to finished area (~600–800 SF of potential added finished space). No live comparable sales API used; valuations use domain knowledge of The Meadows and regional price per SF.
Light-Filled 3BR Home in The Meadows — Basement Potential
This clean, modern 2017 home in The Meadows delivers practical everyday living plus clear upside. The open main level flows from a welcoming entry through a bright living/dining area into a well-appointed kitchen. Finishes include fresh paint, durable laminate floors, and newer appliances — systems and cosmetic updates that let you move in and enjoy the home immediately. Upstairs, the bedroom layout includes a primary suite and an efficient arrangement of additional bedrooms and baths.
The property’s standout opportunity is the unfinished basement: ready for conversion into family room, home office, media room or an extra bedroom suite — easily adding significant usable square footage and resale value. Outside, the private side yard and modest lot size mean low yard maintenance, while the attached 2-car garage and driveway provide convenient parking and storage.
Living in The Meadows brings access to community pools, tennis courts, trails and parks (confirm HOA for exact amenities and fee structure). Practical advantages include proximity to Castle Rock Adventist Hospital, nearby shopping and straightforward access to I‑25 for commuting. Whether you’re a first-time buyer, a family looking to upsize into a modern plan with expansion potential, or an investor seeking a turnkey rental with upside, this home balances immediate comfort with options to customize.
Schedule a showing with Rachel Durante at Liv Sotheby’s to walk the property, confirm HOA details, and review contractor estimates for finishing the basement — a straightforward path to creating additional family space or value.
A 2017 single family on 0.1 acres.
Building
Site & utilities
The Meadows (Castle Rock)
Researched nearby locations
Location
3564 Fennel St, Castle Rock, CO 80109
The Meadows is a master-planned, family-oriented neighborhood in Castle Rock known for parks, maintained greenways, pools and community recreation facilities. Streets are generally quiet and designed for pedestrian access to schools and parks. The area attracts buyers seeking suburban comforts with quick access to regional retail and highway connections.
Strong access to neighborhood parks, pools and internal trails; regional open space and trail networks are a short drive away for hiking and mountain recreation.
A factual market snapshot around 3564 Fennel St.
Castle Rock’s market in early 2026 remains competitive for well-appointed homes under $700k, particularly newer-construction product in amenity-rich subdivisions like The Meadows. Inventory has been relatively tight and median sale prices have shown modest year-over-year appreciation. Buyers are attracted to newer finishes, low-maintenance yards, and homes with additional unfinished space they can customize. For sellers, pricing within the local per‑square‑foot band and highlighting basement conversion potential typically generates quicker buyer interest. For investors, gross rent estimates for comparable 3BR homes sit in the low $3k range, making a buy-and-hold strategy viable if local expenses and HOA fees (if any) are favorable.
Single-family residential within The Meadows planned community; PUD rules typically allow single-family detached homes and accessory structures. Verify exact code with Town of Castle Rock.
Zoning
Research-indicated uses
- Single Family Detached Homes
- Accessory Structures Per PUD/County Rules
- Home Occupations Subject To Town/County Approval
What the research supports — and what is still worth verifying.
Key findings
- 3 bedrooms, 2.5 baths, ~2,596 SF (includes basement — unfinished)
- Listed at $575,000; implied $221–222/SF
- Lot is 4,225 SF (≈0.097 acres) with a private side yard
- Built in 2017 — modern construction and systems likely still under 10 years old
- Listing description mentions HOA covering exterior maintenance and snow removal; scraped HOA flag is false — verify
- Unfinished basement offers potential finished-area expansion to increase market value
What stands out about this property.
Interior Features
- Approx. 2,596 total square feet
- 3 bedrooms, 2.5 bathrooms
- Unfinished basement with conversion potential
- Laminate flooring and fresh interior paint
- Newer kitchen appliances (per listing)
Exterior & Lot
- Private side yard
- Low-maintenance 4,225 SF lot (≈0.097 acres)
- 2-car attached garage
- Access to community pools and tennis (verify HOA)
Location & Neighborhood
- In The Meadows master-planned community
- Minutes to Castle Rock Adventist Hospital
- Quick access to I-25 for commuting
- Close to neighborhood shops, trails and parks
Walkability & Recreation
- Walkability Rating: 55/100
- Community trails and parks within The Meadows
- Nearby regional trails and open space for outdoor recreation
Sources & research confidence.
See where the property research came from and how confidence varies by field.