Access Date and Time
Wednesday, 7/16/2025, 11:00 AM
Property Overview
Snag the least expensive 5-bed in Southglenn for $525K, drop $91K into a clean full-gut, and you’re all-in at roughly $616K on a corner lot that easily comps at $745K. Inventory under $600K here is almost nonexistent, so buyers chasing Littleton schools and walkability to Streets at SouthGlenn will line up the moment you re-list. At today’s rates that leaves about $129K of margin – or 29 percent below retail – before you even talk creative upside (BRRR, mid-term rental, or add an ADU in the oversized yard). Bottom line: low basis, strong exits, and a timing edge while every other flipper is still hunting for their next project.
Tri-level SFH in Southglenn on a 9,191 sq ft corner lot. The property offers 2,886 sq ft with the bones for a 5 bed 4 bath layout once finished. Interior is needs some TLC: smoke smell in one bathroom, dated kitchens and baths, + mostly finished basement (missing flooring and trim). Exterior needs window package, garage-door motor and partial paint. Roof is 7 years old, per the seller.
- Renovation budget: $91,000
- Conservative ARV: $745,000 based on the comps below
- Exit strategies: Retail flip, BRRR with strong equity position, or medium-term rental (Arapahoe High district)
Property Walk Through:
- Main: front living room + walled-off galley kitchen (tear out the wall and modernize!)
- Upper: three bedrooms, two full baths (one ensuite)
- Mid / Garden: this level has a living space with sliders to the back porch, and large owner suite with its own bathroom and direct garage entry
- Basement: open rec room with laundry nook, one egress bedroom, full bath and mechanicals
Total: 5 beds, 4 baths over four split levels.
Why this Works
1. Entry Price Advantage:
You’re walking in at $525K in a neighborhood where even tired 4-beds scrape $700K. That’s 21% below retail after reno, giving you margin before the market even moves.
2. Simple, Straightforward Scope:
No structural, foundation, or major unknowns. You’re looking at a clean $91K full-gut: cosmetic, mechanical, and layout tweaks. Budget is tight, timelines predictable, and the bones are solid.
3. Strong End-Buyer Appeal:
You’re in Littleton Schools, on a corner lot, and walking distance to Streets at SouthGlenn – a top retail hub with Whole Foods, summer concerts, and walkability buyers want. Inventory under $600K is nearly extinct.
4. Multiple Exit Plays:
-
Retail Flip – list it clean at $745K+ and move it fast
-
BRRRR – ARV supports cash-out refi, low basis means strong equity left in
-
Mid-Term Rental – 5 beds + walkability + schools = killer setup for furnished stays
-
ADU Potential – oversized yard gives long-term add-on flexibility
5. Market Timing Advantage:
While other flippers are chasing overpriced junk, you’ve got a clean, off-market opportunity in a proven zip with fresh comps, high demand, and solid resale tailwinds.
Neighborhood
Southglenn is a mature, tree-lined enclave known for walkability and community events. Residents enjoy quick access to C-470, the High Line Canal Trail and the open-air Streets at SouthGlenn shopping district with Whole Foods, cafés and summer concerts. Top-rated Littleton schools anchor demand.
Video Walkthrough
Scope in a nutshell: Swap out twelve windows, replace three exterior doors and the garage-door motor, touch up paint on the front and trim, and clean up the yard with minor concrete repair. Inside, gut the kitchen (remove the wall to the living room), update four full baths, lay LVP and refinish hardwood, then paint the whole house. Finish with a new furnace/AC. Total budget sits at about $91K.
Item | Scope | Est. Cost |
Windows | Replace 12 windows | $5000 |
Doors | Replace entry, patio & garage doors (+ garage-door motor) | $5,000 |
Exterior Paint | Partial paint (front facade & trim) | $4,000 |
Front Landscaping | Refresh yard, repair cracked walkway | $3,000 |
Kitchen | Full gut remodel; open wall to living | $20,000 |
Bathrooms | Update 3 full baths | $24,000 |
Flooring | $11,000 | |
Interior Paint | $10,000 | |
HVAC/AC | Replace furnace (80k BTU) | $10,000 |
General Conditions | Dumpster, permits, site protection | $11,000 |
91,000 |
Total Budget: $103,000
Fully reimagined Southglenn tri-level showcasing an open chef’s kitchen, five spacious bedrooms and four designer baths. New systems, windows and finishes deliver turnkey comfort while preserving mid-century curb appeal. Steps from parks, trails and premier shopping, this home blends suburban ease with Denver-area convenience.
Closing is scheduled for 08/07/2025.
5 Beds, 4 Bath , 2886 sq ft
7441 S Lafayette Cir W Zillow
Sold Date: 1/9/2025
Bed/Bath: 4/3
Sq Ft: 2,886
Sale Price: $765,000
Full cosmetic + mechanical update + drop ceiling in basement
7348 S Lafayette Cir W Zillow
Sold Date: 2/3/2025
Bed/Bath: 4/4
Sq Ft: 2,320
Sale Price: $849,000
Pro-level flip, high-end finishes.
7391 S Marion St Zillow
Sold Date: 6/5/2025
Bed/Bath: 5/4
Sq Ft: 2,803
Sale Price: $825,000
Added ADU-style suite, turnkey. Higher Rehab cost to get to this level, yet the potential is huge!
7488 S Lafayette Circle E Zillow
Sold Date: 4/30/2025
Bed/Bath: 5/4
Sq Ft: 2,618
Sale Price: $715,000
Updated kitchen, somewhat updated bathrooms, older windows, mechanics and roof not updated, backs to road like subject.
7388 S Lafayette Circle W Zillow
Sold Date: 4/7/2025
Bed/Bath: 4/3
Sq Ft: 3,273
Sale Price: $715,000
UC in 2 days, Partially finished basement, dated bathrooms, modern kitchen.