Property listing for 6733 S Ash Way, Centennial, CO 80122
ActiveSingle Family Home

$649,900

6733 S Ash Way, Centennial, CO 80122

Remodeled 5-Bed Home with Permitted Basement & Large Yard in Centennial

5 Bed · 2 Bath · 2,211 Sq Ft

Finished basement, oversized 12,023 sq ft lot — ready for family life and RV storage.

5

Beds

2

Baths

2,211

Sq Ft

1961

Built

0.28 acres

Lot

No attached garage recorded — ample space for detached garage or RV/boat parking

Garage

About 6733 S Ash Way

This thoughtfully updated Centennial home blends classic mid-century bones with contemporary finishes and exceptional outdoor space. The remodeled main level delivers an open, practical layout highlighted by a refreshed kitchen and an updated main bathroom with granite countertops and modern tile. The seller completed a fully permitted, finished basement that adds two legal bedrooms and a stylish 3/4 bath — a tremendous value-add for families, guests, or a home office set-up.

At approximately 2,211 finished square feet, the residence offers five bedrooms and two bathrooms, with clean sightlines and comfortable room sizes. Recent major work includes a replaced roof and a sewer-line repair completed within the last few years, so near-term capital expenditures are minimized. Interior finishes strike a neutral, timeless tone — move-in ready but with upside for cosmetic personalization.

The property sits on a rare oversized lot in Centennial — 12,023 sq ft — offering plenty of private outdoor space, mature trees, a roomy backyard for recreation, and practical side-yard storage for a boat or RV. Because no attached garage is recorded, there's an easy opportunity to add a detached garage or workshop (subject to permits), which would appreciably increase resale value.

Location is quietly suburban yet convenient: you’re minutes from neighborhood parks, daily shopping corridors, and regional amenities. With permitted additional bedrooms in the lower level, strong school-district appeal, and recent system updates, this home is a compelling, low-execution property for families and investors alike. Schedule a showing today to see how this oversized lot and permitted basement make this Centennial home stand apart.

Home Highlights

Permitted finished basement — 2 additional bedrooms + 3/4 bathLarge 12,023 sq ft lot with RV/boat parking potentialRecent roof and sewer-line repairUpdated kitchen and main floor bathroom with granite countertops

Property Features

Interior Features

  • 5 bedrooms, 2 full bathrooms (including permitted finished basement with 3/4 bath)
  • ~2,211 sq ft finished living area
  • Updated main-level kitchen and bathroom with granite counters
  • Permitted lower level with tile flooring and contemporary finishes

Exterior & Lot

  • Large 12,023 sq ft lot (approx. 0.28 acres)
  • Room for RV/boat parking and potential detached garage
  • Recently replaced roof
  • Mature landscaping and private backyard

Location & Neighborhood

  • Located in Centennial, CO (zip 80122)
  • Close to retail corridors and regional parks
  • Likely in Cherry Creek School District — popular with families
  • Residential, low-traffic street setting

Walkability & Recreation

  • Walkability Rating: 50/100
  • Short drive to neighborhood parks and local shopping
  • Easy access to major arterials for commutes
  • Nearby options for hiking, biking and larger outdoor recreation within short drives

Neighborhood & Location

This section of Centennial is characterized by established, mid-century single-family homes on generous lots. Residents enjoy suburban quiet, good access to shopping and dining, and proximity to major roadways that connect to the Denver metro. The neighborhood attracts families and professionals seeking larger yards, reputable public schools, and convenient regional park access.

Market Insights

Centennial remains a sought-after suburb in the Denver metro for buyers who want single-family yards, good schools, and commuter access. Through early 2026 the local market shows modest, steady appreciation with relatively low inventory for well-presented homes. Updated homes priced near $600–700k are moving faster than unrenovated peers. For buyers, this property offers a chance to own a turnkey house with additional building potential on the lot — an attractive value proposition given current market supply constraints. For sellers or investors, comparable updated homes in Centennial have maintained price resilience; expect strong interest from family buyers and purchasers seeking extra legal bedrooms for multigenerational living.

Nearby Schools

Belleview Elementary School

Elementary · 1.5 mi (approx.)

7/10 (est.)

Campus Middle School

Middle · 2.0 mi (approx.)

8/10 (est.)

Cherry Creek High School

High · 4.0 mi (approx.)

9/10 (est.)

Walkability & Recreation

50
Walkability
75
Recreation

Good access to neighborhood parks and regional destinations; short drives to larger trail systems and Cherry Creek State Park for boating and trails.

Investment Highlights

  • Permitted finished basement adding 2 bedrooms and a 3/4 bath — increases usable sf and rental/household flexibility.
  • Large 12,023 sq ft lot with RV/boat parking and potential for detached garage or ADU (subject to local approvals).
  • Recent roof replacement and sewer repair reduce short-term capital expenditure risk.
  • Well-located in Centennial with access to Cherry Creek School District and nearby retail/amenities.

Key Findings

  • 5 bedrooms, 2 baths, ~2,211 sf living area on a 12,023 sq ft lot (data from listing).
  • List price $649,900; AVM ~ $656,936.
  • Permitted finished basement (new) increases the home's legal bedroom count and value.
  • No recorded attached garage; ample surface parking and potential for detached structure.
  • Built in 1961 but improvements place condition in 'good' category.

Things to Consider

  • Exact school assignment and district services should be verified with Cherry Creek SD.
  • Zoning details and permit history for basement/other additions should be confirmed at city/county records.
  • No recorded HVAC/cooling details in the scraped data — obtain inspection to confirm mechanical condition.

Opportunity Analysis

Acquire a turnkey, family-sized home in Centennial priced near market with upside from lot development or minor cosmetic upgrades; ideal for owner-occupier or long-term rental in a stable suburban submarket.

Potential Use Scenarios

  • Owner-occupier: move-in, minor interior finishes, and landscape to maximize enjoyment and future resale.
  • Investor: lease as 5-bed single-family rental with target monthly rent estimate; hold for appreciation and limited capex due to recent major repairs.
  • Value-add: explore detached garage or outbuilding (zoning/permits dependent) to add resale value.

Risk Factors

  • Confirm permit history and exact code compliance for basement conversion.
  • Potential neighborhood-specific permit/setback restrictions for adding structures.
  • Market sensitivity to interest rates could affect buyer pool in near term.

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

AI Valuation Estimate

Low

$630K

Midpoint

$658K

High

$685K

$294/SF estimated price per square foot

70% confidence

Estimate anchored to the provided list price ($649,900) and AVM (~$656,936), adjusted for large lot (12,023 sq ft), permitted basement, recent roof and sewer repair. No live comparable sales pulled; local market dynamics and home condition used to set range.

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$620,000
Avg Days on Market20 days
Inventory1.5 months
1-Year Appreciation+400.0%

Demographics

Population (1 mi)14,000
Median Income (1 mi)$95,000

Established suburban neighborhood with steady, moderate demand from owner-occupiers and families. Demographic data estimated from typical Centennial neighborhoods; verify with local data.

Nearby Points of Interest

  • Southlands Shopping Center (approx. 3-4 mi)
  • Cherry Creek State Park (approx. 6-8 mi)

Suburban residential area with easy access to shopping, schools, and regional parks. Major retail and dining corridors are within a short drive.

School District

DistrictCherry Creek School District (likely)
ElementaryBelleview Elementary School (Cherry Creek SD) — rating est. 7/10 (verify assignment)
MiddleCampus Middle School (Cherry Creek SD) — rating est. 8/10 (verify assignment)
HighCherry Creek High School — rating est. 9/10

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

Property Details

Building Details

Year Built1961
Constructionwood frame with traditional siding (assumed)
Stories1
Roofrecently replaced (composition shingle likely)
Basementfinished (permitted)
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.2759 acres (12,023 SF)
Topographylevel
Parkingdriveway_and_surface
Parking Spaces4

Utilities

Sewerrecent sewer line repair reported

Zoning & Land Use

DescriptionLikely single-family residential zoning allowing detached single-family dwellings; accessory structures may be allowed with permits.
JurisdictionArapahoe County / City of Centennial (jurisdiction check recommended)

Allowed Uses

Single family detached homeAccessory buildings/garages (with permits)Home occupations (subject to local regs)
Current Useresidential

Tax & Sale History

Tax Assessment

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