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Property Description
Welcome to 5396 Balsam Street in the heart of Arvada! This 3-bedroom, 1-bath home sits on an expansive 25,265 sq. ft. lot offering a rare opportunity for both homeowners and investors. The property's generous size and multi-unit zoning create outstanding development potential-whether you envision building additional residences, exploring income-producing opportunities, or designing your own dream retreat. The existing home provides comfortable living with three well-sized bedrooms, a full bath, and a functional floor plan. Surrounded by mature trees and open space, the oversized lot delivers a sense of privacy while still being close to everything Arvada has to offer. Enjoy easy access to Olde Town Arvada's shops, dining, and light rail, as well as nearby parks, schools, and major commuter routes. This property combines current livability with incredible future upside-making it a truly unique find in today's market. Additionally, the owners of several adjacent properties are willing to sell for the right price so a larger assemblage would be an option. The subject property is zoned R13 and the parcels to the North are zoned R24 so the possible density options are attractive. Consult with Arvada City planning to fully understand the potential. Don't miss the chance to own a piece of Arvada with endless possibilities!
Full Property Details
Full Property Details for 5396 Balsam St
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General
- Price: $745,000
- Taxes: $4,089 (2024)
- Status: Active
- Type: Single Family
- Source: MetroList_Colorado
- MLS ID: 3332622
- Updated: 1/6/2026
- Added to Site: 140 day(s) ago
Interior
- Interior Features: No Stairs
- Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Laundry Closet
Exterior
- Porch/Patio/Deck: Deck, Front Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 8
- Parking Features: Circular Driveway, Gravel, Oversized
Location
- County: Jefferson
- Subdivision: Arvada Old Town
- Driving Directions: I70 to Wadsworth Blvd. North on Wadsworth to 52nd Ave. West on 52nd Ave to Balsam St. North on Balsam to the property.
- Direction Faces: West
- Dist. to Public Trans.: 2000 Feet
School Information
- Elem School District: Jefferson County R-1
- Midd School District: Jefferson County R-1
- High School District: Jefferson County R-1
- Elementary School: Lawrence
- Middle School: Arvada K-8
- High School: Arvada
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Architectural Style: Bungalow
- Structure Type: House
- Construction: Frame, Wood Siding
- Roof: Composition
- Entry Floor Number: 1
- Entry Location: Ground
- Square Feet: 1,058
- Sq. Ft. Source: Public Records
- Living Area: 1,058 Sq. Ft.
- Year Built: 1949
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,265
- Frontage: Public
- Street/Road Desc.: Paved
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Level, Sloped, Subdividable
- Zoning: R 13
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $4,089
- Tax Year: 2024
- Terms: 1031 Exchange, Cash, Conventional, FHA
Disclosures and Reports
- Ownership: Individual
- Special Conditions: Auction
- Legal Description: SECTION 14 TOWNSHIP 03 RANGE 69 QTR NW SIZE: 25265 VALUE: .580 KEY=194
- Exclusions: Personal Property
- Property ID: 4272
Listed by eXp Realty, LLC
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 5396 Balsam St —
eXp Realty, LLC
Bettsdonald@mac.com,303-888-4874
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5396 Balsam St
School District:Jefferson County School District R-1
| Name | Grades | Distance |
|---|---|---|
Lawrence Elementary School 5611 Zephyr Street, Arvada, CO 80002 | K-5 | 0.3 mi |
Arvada K-8 5751 Balsam Street, Arvada, CO 80002 | K-5 | 0.5 mi |
Arvada High School 7951 West 65th Avenue, Arvada, CO 80004 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 5396 Balsam St
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5396 Balsam Street, Arvada, CO 80002 (MLS# 3332622) is a Single Family property with 3 bedrooms and 1 full bathroom. 5396 Balsam Street is currently listed for $745,000 and was received on August 29, 2025. Want to learn more about 5396 Balsam Street? Do you have questions about finding other Single Family real estate for sale in Arvada? You can browse all Arvada real estate or contact a Coldwell Banker agent to request more information.