Homes/Colorado/Glenwood Springs/505 W Princeton Cir
CompCasa Property Analysis · single_family

505 W Princeton Cir

Oasis Creek 4BR Home on .65 Acre — Walk-Out Lower & Deck

Private, spacious lot minutes from downtown Glenwood Springs

4 beds3.5 baths3,828 sq ftBuilt 19930.65 acresNo attached garage listed; surface/driveway parking
CompCasa valuation analysis
Estimated market value
$1,500,000
Low $1,350,000 · Midpoint $1,500,000 · High $1,650,000
Confidence66%Sales comparison approach
CompCasa estimate$1,500,000Mar 12, 2026
$1,350,000$1,500,000 midpoint$1,650,000
Price / sq ft$392
Median sale price$700,000
Avg days on market45 days
Inventory3.5 months

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.

About the property

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.

Property details

A 1993 single family on 0.65 acres.

Building

Year built1993
ConstructionWood Frame (Typical Regional Construction)

Site & utilities

Lot size0.65 acres
GarageNo attached garage listed; surface/driveway parking
Stories2
ConditionGood
BasementWalk Out Lower (Partial/Finished)
FireplaceYes
Improvement notesWell-maintained residence with updated kitchen, multiple living/dining spaces on main level, walk-out lower level with wet bar and guest suite; mature landscaping and garden beds.
Lot area28,314 sq ft
TopographyLevel
ParkingDriveway And Surface
Parking spaces4
Parking notesListing indicates no attached garage; driveway and surface parking likely. Photos show paved drive and covered entry (verify).
AccessPublic street access from W Princeton Cir; typical residential access.
Location & nearby

Oasis Creek / West Glenwood area

Researched nearby locations

Downtown Glenwood Springs (2-4 miles)
Glenwood Hot Springs (2-4 miles)

Location

505 W Princeton Cir, Glenwood Springs, CO 81601

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

Excellent access to river recreation, hiking and mountain biking trailheads nearby; easy regional ski access within an hour.

ElementaryWest Glenwood Elementary (approx. 1.5 mi) — Rating: 6/10 (estimate)
Middle schoolGlenwood Springs Middle School (approx. 2.0 mi) — Rating: 6/10 (estimate)
High schoolGlenwood Springs High School (approx. 2.5 mi) — Rating: 7/10 (estimate)
School districtGlenwood Springs School District / Garfield County RE-1 (verify exact district boundary)
Market context

A factual market snapshot around 505 W Princeton Cir.

Median sale price$700,000
Avg days on market45 days
Inventory3.5 months
1-year appreciation300.0%
5-year appreciation1800.0%
Editorial market perspective

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.

Zoning & land use

Likely single-family residential zone (R-1 / detached single-family) — typical for Oasis Creek subdivision. Verify with city/county planning.

Zoning

DescriptionLikely single-family residential zone (R-1 / detached single-family) — typical for Oasis Creek subdivision. Verify with city/county planning.
JurisdictionGarfield County / City of Glenwood Springs (verify jurisdictional zoning map)
Current useResidential

Research-indicated uses

  • Single Family Dwelling
  • Accessory Structures (Subject To Setbacks)
  • Home Occupations (Limited)
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

  • 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
Highlights & features

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
Research transparency

Sources & research confidence.

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

View sources & confidence
1
Redfin scraped dataView source
2
MLS (listing data)
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.