5490 S Locust ST Greenwood Village, CO 80111 Active Under Contract

UPDATED: 02/25/2026 07:34 PM ON MARKET: 10 days on market

$1,499,000

5 Beds5 Baths3,749 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,749 sqft

Price per Sqft $399

Subdivision Greenwood Hills

MLS Listing ID 6424689

Style Mid-Century Modern,Traditional

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,625

Year Built 1961

Annual Tax Amount $8,349

Tax Year 2024

Lot Size 0.770 Acres

Acres 0.77

Property Sub-Type Single Family Residence

Source recolorado

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.