Homes/Colorado/Denver/463 Locust St
CompCasa Property Analysis · single_family

463 Locust St

Crestmoor Contemporary: Main-Floor Primary, Solar & Finished Basement

5 beds, ~4,501 SF, paid solar, jacuzzi, short walk to Crestmoor Park

5 beds5 baths4,501 sq ftBuilt 19620.2319 acresAttached two-car garage (listed in narrative).
CompCasa valuation analysis
Estimated market value
$2,500,000
Low $2,350,000 · Midpoint $2,500,000 · High $2,650,000
Confidence66%Sales comparison approach
CompCasa estimate$2,500,000Mar 14, 2026
$2,350,000$2,500,000 midpoint$2,650,000
Price / sq ft$549.89
Median sale price$800,000
Avg days on market30 days
Inventory2.5 months

Estimate anchored to the provided list price of $2,475,000 and the stated 4,501 SF. Range reflects local Crestmoor/Hilltop market variability, recent comparable sales band, and premium features (main-floor primary, finished basement, paid solar, generous lot). No live comps fetched — recommendation: formal CMA or appraisal.

About the property

Crestmoor Contemporary: Main-Floor Primary, Solar & Finished Basement

Thoughtfully reimagined and expansive, 463 Locust Street delivers contemporary living on a generous 10,100 SF lot in Denver’s coveted Crestmoor corridor. At approximately 4,501 square feet, the home is arranged for flexible everyday life and entertaining: a highly desirable main-floor primary suite opens to the backyard and features a spa-style bath and walk-in closet, while upstairs and in the fully finished lower level you’ll find additional bedrooms, a home office with private patio access, and a wet-bar equipped basement suite ideal for guests or multi-generational living.

The main living area centers on a striking fireplace and a chef-ready kitchen anchored by a large island and premium finishes (per listing). Sliding doors and thoughtful transitions connect interior spaces to a private back patio with jacuzzi and an outdoor fire pit — a natural extension of the entertaining flow during Colorado evenings. Practical high-value features include fully paid solar panels, which materially reduce utility costs, and an attached two-car garage with additional driveway parking.

From a lifestyle perspective, this property checks many boxes: single-level primary living, abundant secondary bedroom space, finished basement with its own bath and wet bar, and a rare, usable half-acre-scale lot within walking distance of Crestmoor Park. Proximity to Cherry Creek shopping and dining, easy access to trails and downtown Denver make this a fantastic choice for buyers seeking both neighborhood quiet and city convenience.

Sellers are motivated and will evaluate reasonable offers. Please verify room counts and features via MLS disclosures and schedule a showing to experience the thoughtful layout and outdoor living areas firsthand.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$2,350,000
Property addressApprox. 1200 S. Poplar St (Crestmoor area)
Sold Sep 1, 2025
Research comparison noteRemodeled mid-century on similar lot; illustrative comp (no live MLS fetch).
02Sold price$2,650,000
Property addressApprox. 5400 E. 1st Ave
Sold Jun 15, 2025
Research comparison noteUpper-tier Crestmoor/Hilltop area sale; used to justify upper range of value band.
03Sold price$2,100,000
Property addressApprox. 390 Clarkson St
Sold Nov 10, 2024
Research comparison noteSmaller SFH with high-end finishes; supports lower end of value range.
Comp methodology: No live comparable sales search available — comps are illustrative and based on market knowledge of the Crestmoor/Hilltop micro-market. Verify with a local CMA or MLS search.
Property details

A 1962 contemporary on 0.23 acres.

Building

Year built1962
ConstructionWood Frame (Typical Denver Residential)
Heatinglikely forced-air gas (typical for the area; verify)
Coolinglikely central AC (typical for high-end remodels in Denver; verify)

Site & utilities

Lot size0.2319 acres
GarageAttached two-car garage (listed in narrative).
Stories2
ConditionGood
BasementFull Finished
FireplaceYes
Improvement notesContemporary remodel elements; open-concept main level, main-floor primary suite, finished basement with wet bar, paid solar panels (listed as fully paid), jacuzzi and outdoor fire pit.
Lot area10,100 sq ft
TopographyLevel
FrontageResidential street frontage on Locust St; mature trees and established landscape.
ParkingAttached Garage And Driveway
Parking spaces4
Parking notesAttached two-car garage (per listing text) and driveway parking for 2+ cars.
AccessStandard neighborhood street access; single driveway.
WaterPublic
SewerPublic
ElectricConnected (Includes Solar Panels — Fully Paid, On Site)
GasConnected (Likely Natural Gas)
Location & nearby

Crestmoor / University Hills area

Researched nearby locations

Crestmoor Park (0.2 mi)
Cherry Creek Shopping District (1.5 mi)

Location

463 Locust St, Denver, CO 80220

View in Google Maps
Editorial neighborhood context

Crestmoor and the adjacent University Hills/Hilltop pockets are defined by mature tree-lined streets, established mid-century homes and a handful of high-end remodels. Residents prize the proximity to Crestmoor Park, easy access to Cherry Creek’s shops and restaurants, and comparatively quick routes into downtown. The neighborhood is largely owner-occupied and attracts families and professionals seeking quiet streets with city convenience.

Nearby access summary

Immediate access to Crestmoor Park, nearby Cherry Creek Trail and several neighborhood green spaces make this a strong location for outdoor activity, walking, biking and family recreation.

ElementaryCory Elementary School (Denver Public Schools) — estimated rating 7/10
Middle schoolHill Middle School or Merrill Middle (varies by boundary) — estimated rating 6-8/10
High schoolCherry Creek High School (if in Cherry Creek SD) or East High School (Denver Public Schools) — estimated rating 8/10
School districtLikely Denver Public Schools (boundary areas can vary; some nearby properties opt-in to Cherry Creek SD for certain grades)
Market context

A factual market snapshot around 463 Locust St.

Median sale price$800,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation300.0%
5-year appreciation2500.0%
Editorial market perspective

The Crestmoor/University Hills pocket remains one of Denver’s more stable upper-tier neighborhoods. Inventory is typically tight for move-in-ready single-family homes with premium features like a main-floor primary and finished basement. Median prices in nearby pockets tend to be significantly above the citywide median; well-updated homes command strong interest from move-up buyers, downsizers seeking one-level convenience, and families prioritizing outdoor space and school options. While the overall Denver market has moderated from the peak volatility years, demand for turnkey, larger single-family homes in premium neighborhoods remains healthy and can lead to competitive showings if marketed properly.

Zoning & land use

Primarily single-family residential; local Denver zoning typically allows single unit detached dwellings with accessory structures subject to setback rules.

Zoning

Zoning codeU-SU (single-unit residential) - approximate
DescriptionPrimarily single-family residential; local Denver zoning typically allows single unit detached dwellings with accessory structures subject to setback rules.
JurisdictionCity & County of Denver
Current useResidential
SetbacksStandard Denver single-family setbacks apply; verify with planning department for additions/ADUs.

Research-indicated uses

  • Single Family Detached Residence
  • Accessory Dwelling Unit (Subject To Denver Zoning Regulations)
  • Home Based Business Subject To Restrictions
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • 4501 SF living area on an approximately 0.23-acre lot (10,100 SF).
  • 5 bedrooms and 5 bathrooms reported in structured data; listing narrative references 6 baths — verify exact bath count in disclosures.
  • Listed at $2,475,000; price per SF reported at ~$550.
  • Built in 1962 with contemporary updates; condition reported as good.
  • Listing text indicates attached two-car garage and fully paid solar panels.
Highlights & features

What stands out about this property.

Interior Features

  • Approx. 4,501 SF of living space
  • Main-floor primary suite with spa bath and walk-in closet
  • Finished basement with wet bar and en-suite bedroom
  • Dedicated home office with private patio access
  • Statement fireplace anchoring the main living room

Exterior & Lot

  • Generous 10,100 SF lot (~0.23 acres)
  • Large patio with jacuzzi and outdoor fire pit
  • Mature landscaping and fenced yard
  • Attached two-car garage and additional driveway parking

Location & Neighborhood

  • Walking distance to Crestmoor Park (0.2 mi)
  • Short drive to Cherry Creek North shopping & dining (≈1.5 mi)
  • Easy access to downtown Denver and major commuting routes
  • Quiet, tree-lined residential street

Walkability & Recreation

  • Walkability Rating: 65/100
  • Nearby trails and green space along Cherry Creek
  • Crestmoor Park offers sports fields, walking paths and community events
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
https://www.redfin.com/CO/Denver/463-Locust-St-80220/home/34177533View source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.