Estimate anchored to current list price ($599,950) and price/ft data from the listing. Range accounts for new-construction premium, corner lot, and optional basement finish value. No live comparable sales search performed; range reflects typical Aurora new-build pricing as of early 2026.
Contemporary 4-Bed New Build on Corner Lot with Loft & Optional Basement
Ready for immediate occupancy, this 2025 Risewell Homes build sits prominently on a corner lot and offers nearly 3,000 square feet of contemporary living designed for modern family life. The main level presents a flexible layout — a dedicated home office/flex room sits at the front of the house for easy separation of work and living space, while the heart of the home is an open kitchen anchored by a large island that faces the dining and living areas. Together these spaces create effortless flow for everyday living and entertaining.
Upstairs the private primary suite delivers a generous footprint with an ensuite bath and walk-in closet; a loft provides an additional living area perfect for a playroom, media room, or study lounge. Three additional bedrooms share comfortable baths and flexible closet space. Practical systems include a tankless water heater and a sump pump; double-pane windows and modern finishes carry throughout.
Outside, the corner siting gives you a large side yard — ideal for lawn, playset, or future landscaping projects — plus a covered patio for outdoor seating and weekend barbecues. The two-car garage is finished with drywall and lighting; the unfinished basement is available as an option for buyers who want to add significant finished square footage and value without waiting years to remodel.
Located in north/northeast Aurora, this property gives you quick access to regional shopping corridors, parks, and commuter routes while delivering the privacy and family-friendly features buyers want. If you prefer a newer home with smart layout options and near-term value-add potential, this Risewell property is a standout.
A 2025 contemporary on 0.1 acres.
Building
Site & utilities
North/Northeast Aurora area (near Green Valley Ranch corridor)
Researched nearby locations
Location
5483 N Elk St, Aurora, CO 80019
This section of north/northeast Aurora blends newer subdivisions and established residential streets. Neighborhood character is family-oriented with accessible parks, neighborhood schools, and commuter access to Denver and regional job centers. Retail and services are a short drive away, making the location practical for everyday needs while maintaining suburban calm.
Good access to neighborhood parks and open space; suburban sidewalks and nearby greenways make it family-friendly for outdoor activity.
A factual market snapshot around 5483 N Elk St.
Northern Aurora has continued to attract buyers seeking newer construction and affordable alternatives to central Denver. As of early 2026, the submarket shows a stable, moderately competitive environment — median sale prices in the broader Aurora area sit in the mid-$400ks, inventory is limited but not constrained, and average days on market hover near 30. New construction like this trade with a premium over older resales due to updated systems and floorplans; finishing the optional basement can further increase resale and rental value. For owner-occupiers this is a family-oriented opportunity; for investors, the property offers clear upside through basement finish and predictable demand for turnkey homes.
Single-family residential zoning allowing detached houses; exact code should be verified with City of Aurora planning department.
Zoning
Research-indicated uses
- Single Family Detached Homes
- Accessory Structures Subject To Setback Rules
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- List price: $599,950 (as of 2026-03-10)
- Size: ~2,984 SF; 4 beds / 2.5 baths; built 2025 by Risewell Homes
- Corner lot and large side yard increase privacy and functional outdoor space
- Optional basement provides measurable upside (adds finished SF/value)
- Utilities: public water/sewer; natural gas and electricity connected
What stands out about this property.
Interior Features
- Open-concept kitchen with large island
- Main-level flex room / home office
- Upstairs loft for secondary living space
- Private primary suite with walk-in closet and ensuite
- Tankless water heater and sump pump
- Double-pane windows; mix of tile, laminate, and carpet flooring
- Laundry in unit
Exterior & Lot
- Corner lot (4,479 SF) with large side yard
- Covered patio
- 2-car attached garage — dry-walled and lighted
- Landscaped front; sprinklers in front yard
- Master-planned subdivision setting
Location & Neighborhood
- North/northeast Aurora — access to regional retail
- Short drive to major arterials and commute routes
- Family-focused neighborhood with new and established homes
- Builder: Risewell Homes
Walkability & Recreation
- Walkability Rating: 45/100
- Nearby parks and neighborhood green spaces within a short drive
- Recreational access suited for families and active lifestyles
Sources & research confidence.
See where the property research came from and how confidence varies by field.