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Hill and Dale Rd Apt B

Golden, CO 80401

Your Buy Price: $665,995

Bedrooms: 2
Bathrooms: 2.5
2 - Car Garage
Total SF: 2,620
Built in 1984
After Repair Value: $925,000
Fix Estimate (Flip): $27,740
Fix Estimate (Rental): $3,000

Property Overview

Escape the everyday and embrace the serene lifestyle of Riva Chase, a private, gated community where mountain meets modern convenience. Located just 15 minutes from downtown Denver and under an hour from world-class ski resorts. Featuring 2 bedrooms, 2.5 bathrooms in 2,620 sq ft with a 2 car garage. This property has a low fix budget due to its recent renovations - granting a possibility for more revenue!

Step inside to the spacious, sun-drenched living area, featuring vaulted ceilings and rustic wood beams that perfectly frame the natural beauty around you. Expansive windows capture breathtaking views, while a striking floor-to-ceiling fireplace creates an inviting atmosphere. Direct access to your private deck ensures seamless indoor-outdoor living, ideal for both relaxed evenings and vibrant gatherings.

The open-concept dining area flows into the kitchen, complete with brand-new appliances, sleek countertops, a stylish backsplash, and abundant cabinetry. A bright, versatile sunroom offers a peaceful retreat year-round, while a convenient half bath on the main level is perfect for guests. The strategically located laundry room adds practicality to everyday living. Plus, a bonus room on the main floor can be customized to suit your lifestyle—whether as an office, library, or a non-conforming bedroom.

On the lower level, the spacious primary bedroom a private sanctuary, with a modern ensuite bathroom that perfectly balances style and comfort. Another generous bedroom and bathroom are located on this level, along with an additional bonus room—ideal for a home office, gym, or creative studio.

The exclusive Riva Chase community elevates your living experience with scenic walking trails, stocked fishing ponds, abundant wildlife, and a host of shared amenities, including a playground, outdoor grilling area, and an upcoming exercise course.

Discover the perfect investment opportunity with this exceptional townhome, ideal for cash buyers seeking a quick flip with high margins or anyone looking for a large discount off the retail market!

Neighborhood: Riva Chase offers numerous amenities, including three ponds, scenic trails, abundant wildlife, and a community area with a playground, a gazebo, and outdoor grills. Hiking and biking are at your doorstep or a short drive away. 20 minutes to Downtown Denver, 25 minutes to Cherry Creek, 1 hour to world class skiing or DIA.

Est Close Date: 01/16/2025
Total SF: 2,620
Total Finished SF: 2,620
Above Ground SF: 1,572
Basement SF: 1,048
Lot SF: 7,138
Zoning: Condo
Rent Estimate: $3,454
Deal Type: Wholesale
Property Type: Condo

About HomeTrust

There is not much needed for this property and could be market ready. The comps in the area show updated bathrooms, so we added that to the estimated fix budget. There are new floors throughout and new carpet on the lower floor, the interior has been painted and the kitchen updated, the primary bathroom will need a new double vanity but the bath and shower have been renovated. We have budgeted for painting the cabinetry to be more like our comparable property listed in the comps section.


Paint Cabinetry: $5,000
Bathrooms: $14,500
Furnace: $3,000
General Conditions: $5,240

Total Budget: $27,740


2 bed 2.5 bath 2620 square feet updated townhouse.

- HOA fee: $583 monthly
- Amenities included: Gated, Playground, Pond Seasonal
- Services included: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
- Association Name: Pines at Riva Chase
- Association phone: 720-281-2190
- Second HOA fee: $10 monthly
- Second association name: Riva Chase
- Second association phone: 303-526-9043

**Note:** The Pines at Riva Chase HOA includes 3 townhomes as well as the 4 condos across the parking lot on Hill and Dale. When the HOA initially filed, they filed as a "condominium" even though the legal description for the 3 townhomes are lot and block. This will save your Buyer on insurance, but please make sure your lender knows upfront that it's filed as a condo, as shown in the HOA docs.

Closing is scheduled for 01/16/2025.

Subject Property Zillow

2 Beds, 2.5 Baths, 2,620 Sq Ft


867 Hill And Dale Road Unit A, Golden, CO 80401 Zillow

3 bed/3 bath Townhome with 2,578 sq. ft. - Sold for $982,500 on 11/05/2024. This comp is located right next door to the subject property. This townhome has one more bedroom and one more bathroom than the subject property.

HomeTrust

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