S Braun Way

Renovation Opportunity in One of Morrison’s Most Sought-After Neighborhoods

This 4-bed, 2-bath split-level home in Friendly Hills is your next value-add opportunity in Morrison. With 1,718 finished sq ft on a nearly 10,000 sq ft lot, this 1975 build offers a practical layout and solid bones. The main level includes a spacious living room, kitchen/dining area, and access to the garage and backyard. Upstairs, you’ll find three large bedrooms and a full bath. The lower level features a second living space with a fireplace, a fourth bedroom, and another bathroom. A new roof, windows, paint, and full cosmetic updates will bring this to top-of-market condition in a fast-moving neighborhood where remodeled homes are pushing $600K.

💡 Why This Deal Makes Sense

1. Huge Spread in a Sub-$400K Entry Point At $380,995 with a $585,000 ARV and a $102K rehab, this deal gives potential $100K+ gross margin in a neighborhood where flip opportunities are rare. You’re walking into ~$100K of instant equity with clear, straightforward value-add work. That math is hard to ignore.

2. Friendly Hills = Bread-and-Butter Exit Market This area isn’t luxury – it’s practical, livable, and in demand. These are 3-4 bed homes on big lots, perfect for young families priced out of central Denver or west Littleton. Comps show buyers are willing to pay $340–$350 per sq ft for clean, modern finishes. Once updated, this house is right in that buyer’s bullseye.

3. No HOA, Large Lot, Desirable Floorplan Split-levels with lower-level living rooms and fireplaces are hot right now. Add in a big flat yard, garage, and functional layout – it checks all the boxes retail buyers want. No weird layout corrections needed here.

4. Strong School District Part of Jefferson County Schools, which retail buyers actively search for. This helps move the finished product faster and at a higher price.

5. Lack of Inventory Homes in Friendly Hills go under contract fast. As of today, there are less than 3 active 4-bed homes under $600K in this part of Morrison. You’re building into demand, not hoping for it.

Bottom line:
This is not a gamble. It’s a straightforward flip with upside built in. The layout works, the area supports the ARV, the lifestyle sells itself, and the entry price is unbeatable for Morrison. You won’t need to explain the value – the numbers and the neighborhood do the talking.

🚪 Property Walk-Thru Breakdown

• Exterior: Roof and windows are dated, siding needs fresh paint. Front yard cleanup and new door package will boost curb appeal.
• Interior Main: Large living room connects to kitchen/dining. Floors worn, cabinets dated. Good bones. Paint, LVP, full kitchen gut.
• Upstairs: 3 bedrooms, 1 full bath. Light cosmetic updates plus bathroom refresh.
• Lower Level: Big 2nd living space with fireplace, 4th bedroom, and 3/4 bath. Opportunity to create a functional secondary suite.
• Mechanical: AC needs replacing
• Garage/Yard: One-car attached garage. Backyard is flat and large – potential to create outdoor appeal.

Neighborhood: Friendly Hills is a highly desirable neighborhood in Morrison, offering a wealth of amenities and a prime location. This community is conveniently close to schools, shopping, restaurants, and parks, as well as popular attractions like Red Rocks Amphitheater and Bear Creek State Park, with easy access to Highway 285 and the 470 freeways.