5490 S Locust St, Greenwood Village, CO 80111

• 5 beds |
• 5 baths |
• 3,749 sqft

Property Description

Rare Greenwood Hills Opportunity | 0.77 Acres | Mountain Views | Builder & Investor Potential An exceptional opportunity in highly sought-after Greenwood Hills, where expansive lots, mature trees, and custom luxury homes define the landscape. Set on a sprawling 0.77 Acre parcel, this property offers the scale, privacy, and long-term upside that's increasingly difficult to find in Greenwood Village. The existing 5-bedroom, 5-bath residence spans 3,749 square feet and includes a private driveway, 2-car garage, established landscaping, and mountain views. The true value lies in the land, the setting, and the flexibility it offers. Surrounded by significant redevelopment and multimillion dollar custom homes, this property presents a compelling opportunity for a builder seeking a premier custom build site, an investor planning a strategic renovation and resale, or a buyer ready to create a tailored estate in a location that supports luxury growth. Large parcels in Greenwood Hills are hard to find, particularly in a neighborhood seeing continued luxury redevelopment. Renovate what's here or start fresh with a custom build as the lot size, location, and surrounding home values support either path. There is significant interest in this property. Get it now before its gone. Being sold as-is and priced to sell. Any digital renderings provided are conceptual in nature and for illustrative purposes only. They are not representations of the existing home or guaranteed build outcomes. Buyers are responsible for verifying all redevelopment possibilities, zoning, and building requirements with the City of Greenwood Village. HOA is Voluntary.

Listing Status:

Pending

Data Last Updated:

March 6, 2026 at 7:22AM

Listing Office:

Kentwood Real Estate Cherry Creek : Ghassank@kentwood.com,619-300-2390

Listing Agent:

Ghassan Kanafani : 619-300-2390

MLS ID:

6424689

Interior

• Basement: Partially FinishedSlabDaylight
• A/C: Evaporative Cooling
• Heating: Hot WaterElectronic Air Filter
• Disability Feature: Level Lot

Exterior

• General: Oversized Garage
• Style: Fixer-UpperContemporary
• Other Structures: Patio
• Parking: Attached

Construction

• Roofing: Composition
• General: BrickWood SidingConcreteTwo

Location

• HOA Amenities: 0.0Annually
• Originating MLS: ires
• School District: Cherry Creek 5
• County: Arapahoe

Lot

• Zoning: R1.0
• View: Mountain(s)
• Fencing: Partial

Utilities

• Utilities: Natural Gas AvailableElectricity AvailableCable Available
• Water: City
• Sewer: Public Sewer

Financial

• Source: ires
• Exclusions: Sellers Personal Property