$599,950
5483 N Elk St, Aurora, CO 80019
Contemporary 4-Bed New Build on Corner Lot with Loft & Optional Basement
4 Bed · 2.5 Bath · 2,984 Sq Ft
Move-in ready 2025 Risewell home — spacious, modern, and family-ready.
4
Beds
2.5
Baths
2,984
Sq Ft
2025
Built
0.10 acres
Lot
2-car attached (dry-walled, lighted)
Garage
About 5483 N Elk St
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.
Home Highlights
Property Features
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
Neighborhood & Location
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.
Market Insights
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.
Nearby Schools
Aurora Public Schools (assignment varies)
District · Varies
Rangeview High School (likely prox.)
High · Approx 3–6 mi (verify)
Local APS Elementary (assignment varies)
Elementary · Varies
Walkability & Recreation
Good access to neighborhood parks and open space; suburban sidewalks and nearby greenways make it family-friendly for outdoor activity.
Investment Highlights
- New construction (2025) with contemporary finishes and builder warranty potential
- Large corner lot (4,479 SF) with an oversized side yard and covered patio
- Optional unfinished basement provides immediate value-add opportunity
- Open-concept layout with flex room/home office and upstairs loft for multi-use living
- 2-car dry-walled, lighted garage and modern systems (tankless water heater, sump pump)
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
Things to Consider
- Exact school assignments and property tax amounts need verification
- Zoning specifics and setback limitations must be confirmed with City of Aurora
- Market competition from other new builds may require price flexibility in negotiation
Opportunity Analysis
Buyers seeking turnkey, modern family homes in Aurora will value the combination of nearly 3,000 SF of living area, a private primary suite, and the optional unfinished basement. The property trades at a new-construction premium relative to older comparables but retains upside if the basement is finished or if the market continues modest appreciation.
Potential Use Scenarios
- For owner-occupiers: negotiate minor concessions for basement finish allowance or closing cost credit to customize interior selections.
- For investors: budget to finish basement to capture higher rent/resale value; verify rent comps for similar new builds.
- For flippers: maintain contemporary finishes; quick turnaround could leverage current buyer demand for new product.
Risk Factors
- Potentially higher taxes after assessment of new build
- Competition from other new subdivisions offering incentives
- Uncertain exact school assignment may influence family buyers
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$570K
Midpoint
$603K
High
$635K
$201/SF estimated price per square foot
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.
As of 2026-03-12
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Aurora continues to see steady population growth and infill/new-construction development; north/northeast Aurora has attracted buyers seeking newer product at lower cost than central Denver.
Nearby Points of Interest
- Peoria St / E 56th Ave commercial corridor (approx 1–3 mi)
- Buckley Space Force Base (approx 6–8 mi)
Local grocery, schools, and family-oriented parks are nearby; Aurora offers a mix of established neighborhoods and new residential subdivisions with regional retail corridors a short drive away.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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