Property listing for 463 Locust St, Denver, CO 80220
ActiveSingle Family Home

$2,475,000

463 Locust St, Denver, CO 80220

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

5 Bed · 5 Bath · 4,501 Sq Ft

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

5

Beds

5

Baths

4,501

Sq Ft

1962

Built

0.23 acres

Lot

Attached 2-car garage

Garage

About 463 Locust St

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.

Home Highlights

Paid solar panels — immediate energy savingsMain-floor primary suite with direct backyard accessFinished basement with wet bar and en-suite bedroomLarge, private lot with jacuzzi and fire pitClose to Crestmoor Park and Cherry Creek shopping

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Cory Elementary School

Elementary · 1.2 mi

7/10

Hill Middle School (or Merrill/varies by boundary)

Middle · 1.5 mi

6/10

Cherry Creek High School / East High School (varies by boundary)

High · 2.0 mi

8/10

Walkability & Recreation

65
Walkability
78
Recreation

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.

Investment Highlights

  • Main-floor primary suite enabling true single-level living.
  • Paid solar panels — immediate operating cost advantage.
  • Large 10,100 SF lot with private landscaping, jacuzzi, and fire pit.
  • Fully finished basement with wet bar and en-suite bedroom — strong rental/guest potential.
  • Close proximity to Crestmoor Park and Cherry Creek shopping/dining.

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.

Things to Consider

  • Discrepancy in bath count between narrative (6) and structured data (5) — confirm via MLS disclosures.
  • Parking record in structured parking object earlier was 'no garage' — verify garage status and condition.
  • Zoning and school boundaries require confirmation with Denver planning and DPS/Cherry Creek SD for buyers relying on public schools.
  • Price sensitivity for luxury inventory in cooling markets — require up-to-date CMA to validate list price vs. comps.

Opportunity Analysis

Position as a turnkey, premium single-family offering in an affluent Denver pocket: attractive to move-up buyers and households seeking main-floor primary living plus finished basement for guests or rental income. Paid solar decreases operating costs and is marketable to eco-conscious buyers.

Potential Use Scenarios

  • Market aggressively to move-up buyers and downsizers seeking single-level living with luxury finishes.
  • Showcase solar savings and provide production data to buyers/agents.
  • Highlight the finished basement as multi-purpose — guest suite, ADU potential (subject to zoning), or rentable space.
  • Resolve the bath/garage data discrepancies in the MLS to avoid buyer confusion.

Risk Factors

  • Luxury price elasticity in mid-2026 Denver; potential appraisal resistance if comps are thin.
  • Any undisclosed maintenance on older systems (roof, HVAC, plumbing) could affect negotiations.
  • School boundary confusion may dissuade certain buyers unless clarified.

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$2350K

Midpoint

$2500K

High

$2650K

$549.89/SF estimated price per square foot

66% confidence

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.

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

Area Median Price$800,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+300.0%

Demographics

Population (1 mi)14,000
Median Income (1 mi)$150,000

Established, high-income neighborhood with stable homeownership and limited new construction; demand remains strong for single-family homes with updated amenities.

Nearby Points of Interest

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

Short walk to Crestmoor Park, easy drive to Cherry Creek North shops and restaurants, quick access to downtown Denver and Cherry Creek Trail for biking/running. Neighborhood offers mature trees, mid-century and updated contemporary homes.

School District

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

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1962
Constructionwood frame (typical Denver residential)
Stories2
Heatinglikely forced-air gas (typical for the area; verify)
Coolinglikely central AC (typical for high-end remodels in Denver; verify)
Basementfull finished
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.2319 acres (10,100 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces4
FrontageResidential street frontage on Locust St; mature trees and established landscape.

Utilities

Waterpublic
Sewerpublic
Electricconnected (includes solar panels — fully paid, on-site)
Gasconnected (likely natural gas)

Zoning & Land Use

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

Allowed Uses

Single family detached residenceAccessory dwelling unit (subject to Denver zoning regulations)Home based business subject to restrictions
Current Useresidential

Tax & Sale History

Tax Assessment

Are You the Listing Agent?

Claim this property page to feature your contact info, photos, and list price.

Claim This Listing — $49

One-time fee. Your info appears on this page across CompCasa.

Request a Showing

Connect with a licensed local agent in this area.

Request a Showing

Are you a buyer's agent?

Claim ZIP 80220 — $49/yr

Property details may be compiled from public records, MLS-derived data, and automated analysis. Agent claim indicates the agent has claimed this profile or confirmed representation of the property; it does not mean the agent has verified all property details.

Request a Showing