Estimate anchored to list price ($1,495,000) and AVM, adjusted for size (3,828 SF), generous .65-acre lot, walk-out lower level, and Oasis Creek location. No live comps pulled — range reflects typical market spread for Glenwood Springs single-family homes of this scale.
Oasis Creek 4BR Home on .65 Acre — Walk-Out Lower & Deck
This meticulously maintained Oasis Creek residence delivers expansive indoor living and generous outdoor space — a rare combination in Glenwood Springs. The main level is organized around multiple living and dining areas that flow to an updated kitchen and a sizable deck, creating an ideal setting for everyday family life and entertaining. On the lower level, discover a true walk-out space with a wet bar and guest suite that opens to the backyard, providing flexible options for guests, multi-generational living, or a home office.
With 4 bedrooms and 3.5 baths across 3,828 square feet, the home is thoughtfully layered: formal and casual spaces on the main floor, private bedrooms upstairs, and an expansive finished lower level that expands usable living area. The updated kitchen features contemporary finishes and direct access to the deck — perfect for barbecues and afternoon gatherings while taking in views over the landscaped yard.
Set on a generous 0.65-acre lot, the property offers mature landscaping, garden beds, and sunny outdoor rooms that are uncommon inside the city limits. The large backyard affords significant privacy and space for play, gardening, or an outdoor living expansion. There is no HOA.
Located in a quiet pocket of Oasis Creek with convenient access to I-70 and only a short drive into downtown Glenwood Springs, this home places you close to Glenwood Hot Springs, local dining, and river recreation while preserving a suburban sense of space. Schedule a showing to experience the flexible floor plan, walk-out lower level, and outdoor possibilities in person.
A 1993 single family on 0.65 acres.
Building
Site & utilities
Oasis Creek / West Glenwood area
Researched nearby locations
Location
505 W Princeton Cir, Glenwood Springs, CO 81601
Oasis Creek is a quiet, established subdivision west of central Glenwood Springs known for larger lots, mature landscaping, and a suburban-mountain feel. Residents enjoy quick drives into downtown for restaurants and services while benefiting from proximity to regional recreation — rivers, trails, and ski areas. The neighborhood draws families and professionals seeking space and convenience without the higher price tags typical of ski-resort enclaves.
Excellent access to river recreation, hiking and mountain biking trailheads nearby; easy regional ski access within an hour.
A factual market snapshot around 505 W Princeton Cir.
Glenwood Springs continues to attract buyers looking for mountain lifestyle combined with regional accessibility (I-70 corridor). Inventory for larger single-family lots is tighter than for smaller homes and condos, placing premium value on properties like this one with a sizeable .65-acre yard and finished lower-level living. Median sale prices in town are well below this listing because this property sits in the upper-middle tier of the market: buyers are paying for land, finished square footage, privacy, and flexible living spaces. Expect a competitive showing environment for well-priced, well-presented homes; days on market for similar listings typically sit below 60 in balanced seasons. For a buyer seeking long-term ownership or a family-oriented rental, this property represents a compelling opportunity in a steady mountain-market.
Likely single-family residential zone (R-1 / detached single-family) — typical for Oasis Creek subdivision. Verify with city/county planning.
Zoning
Research-indicated uses
- Single Family Dwelling
- Accessory Structures (Subject To Setbacks)
- Home Occupations (Limited)
What the research supports — and what is still worth verifying.
Key findings
- 3,828 SF house built in 1993 with 4 beds / 3.5 baths
- Listed at $1,495,000 (Redfin MLS #8184006); AVM ~ $1.49M
- Large 0.65-acre lot (28,314 SF) provides privacy and garden/entertaining space
- Walk-out lower level with wet bar and guest suite — increases functional usable area
- No HOA; driveway/surface parking (MLS lists no garage)
- Market context: Glenwood Springs shows moderate appreciation and constrained inventory for larger lots
What stands out about this property.
Interior Features
- 4 bedrooms, 3.5 bathrooms
- 3,828 finished square feet
- Multiple living and dining areas on main level
- Updated kitchen adjacent to large deck
- Walk-out lower level with wet bar and guest suite
- Fireplace(s) — cozy mountain finishes
Exterior & Lot
- 0.65-acre lot (28,314 SF)
- Mature landscaping and garden beds
- Large deck off the kitchen for outdoor dining
- Private backyard with room for expansion or outdoor amenities
- Driveway and surface parking (no attached garage listed)
Location & Neighborhood
- Oasis Creek subdivision / West Glenwood area
- Short drive to downtown Glenwood Springs and Glenwood Hot Springs
- Easy access to I-70 for regional travel
- Quiet residential street with family-oriented neighbors
Walkability & Recreation
- Walkability Rating: 55/100
- Close to river access, local trails, and parks
- Within driving distance to Hanging Lake and Glenwood Caverns
- Nearby skiing at Sunlight Mountain Resort and ski areas along I-70
Sources & research confidence.
See where the property research came from and how confidence varies by field.