$575,000
3564 Fennel St, Castle Rock, CO 80109
Light-Filled 3BR Home in The Meadows — Basement Potential
3 Bed · 2.5 Bath · 2,596 Sq Ft
Turn-key 2017 build with unfinished basement and community amenities
3
Beds
2.5
Baths
2,596
Sq Ft
2017
Built
0.097 acres
Lot
2-car attached garage
Garage
About 3564 Fennel St
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.
Home Highlights
Property Features
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
Neighborhood & Location
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.
Market Insights
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.
Nearby Schools
Flagstone Elementary
Elementary · 1.0 mi (approx)
Mesa Middle School
Middle · 2.0 mi (approx)
Castle View High School
High · 3.0 mi (approx)
Walkability & Recreation
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.
Investment Highlights
- 2017-built home in desirable The Meadows master-planned community
- Large unfinished basement provides easy value-add for more living area
- Turn-key interior with updated finishes and newer appliances
- Close proximity to Castle Rock Adventist Hospital and neighborhood amenities
- Community pools/tennis and low-maintenance living (confirm HOA)
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
Things to Consider
- Discrepancy around HOA presence and HOA fee amount — important recurring cost/benefit to verify
- Parking/garage flag in scraped data conflicts with listing narrative — confirm on property visit
- No assessor/tax values included in scraped data; confirm property tax burden before underwriting
- Utility details and exact school boundary assignments should be verified
Opportunity Analysis
Acquire a modern, move-in-ready 3BR in The Meadows with immediate rental or owner-occupier appeal and short-term upside from finishing the basement to add functional living area and resale value.
Potential Use Scenarios
- Confirm HOA and fees; if HOA is present, factor in fee vs. maintenance savings.
- Obtain contractor estimates to finish basement (target +600–800 SF) and project ROI.
- Price competitively relative to recent The Meadows sales to capture active buyer pool.
- If investor, compare rent estimate vs. mortgage to ensure target cap/rental yield.
Risk Factors
- HOA assessments or special levies if HOA exists
- Local market softening would compress short-term resale gains
- Unseen deferred maintenance in systems not captured in photos
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$540K
Midpoint
$578K
High
$615K
$222/SF estimated price per square foot
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.
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
Castle Rock has experienced steady in-migration and price appreciation over the last decade; suburban family demographics with higher-than-average household incomes relative to national averages.
Nearby Points of Interest
- Castle Rock Adventist Hospital (≈1 mile)
- The Meadows neighborhood amenities (pools, tennis courts) (on-site)
The Meadows is a master-planned community with internal parks, trails, pools and sport courts; minutes to Castle Rock medical services, shopping, and I-25 access. The Outlets at Castle Rock and downtown Castle Rock dining are 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
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