Property Overview
Low Inventory Alert!!!! This neighborhood is HOT!
Introducing 16752 Trail Sky Circle: a single-family home built in 2005, offering 3 bedrooms, 2.5 bathrooms, and 3071 square feet of living space. This property sits on a 5,227-square-foot lot in a peaceful neighborhood, with two adjacent lots preserved as open space—perfect for added privacy.
The property features a great floor plan with plenty of potential. The main level includes a large kitchen, a dining room, guest bathroom, and a spacious living room that opens to a nicely sized backyard. Upstairs, you'll find 3 bedrooms and 2 bathrooms, including a primary suite with a walk-in closet.
The unfinished basement offers clean, usable space with the potential to add another bedroom and bathroom, increasing the property's value. With a solid structure, central air conditioning, a gas heating system, and an attached garage, this property presents an excellent opportunity for renovations or a potential flip.
Don't miss out on this chance to add value and turn this property into a profitable investment!
Neighborhood: This residence is located in the Bradbury Ranch neighborhood of Parker, Colorado. Bradbury Ranch is known for its family-friendly atmosphere, featuring amenities such as a community pool, biking and walking paths, tennis courts, and ample open spaces with pocket parks for children. The neighborhood provides direct access to the Cherry Creek Bike Path, facilitating easy commutes and recreational activities.
About HomeTrust
This property does not need a lot, however to get to the proposed ARV, you would need to finish the basement, which is included in the budget below - which entails adding in a bathroom and bedroom. We've also budgeted for new counters and appliances in the kitchen, upgrading the bathrooms, replacing the carpeting, full interior paint, and replacing the furnace. We've left plenty of room for in the budget for general condition upgrades as well.
Total Budget: $66,692
Finished product will be a well appointed 4 bedroom, 3.5 bathroom single family home in Bradbury Ranch neighborhood of Parker, Colorado.
Solar panels are included. The basement is unfinished and ready to customize.
HOA Monthly Fee: $110
Included Amenities: Community pool, snow removal, recycling, common area grounds maintenance, and trash removal.
Provided Services: Snow removal, trash removal, community pool access, recycling, and common area grounds maintenance.
Closing is scheduled for 03/10/2025.
3 bedrooms, 2.5 bathrooms, 3071 finished sq ft
16543 High Desert Place, Parker, CO 80134 Zillow
With a similar layout to the subject property, this 4-bedroom, 3.5-bathroom property in Bradbury Hills has 2,966 sq ft of living space, which includes a finished basement. Sq Ft the subject property is 105 sq ft larger, and the lot size are equally as close. After the subject has been upgraded as described above, these properties will be very similar. This property sold in November 2024 for $710,000.
16550 High Desert Way, Parker, CO 80134 Zillow
A similar layout to the subject, this 3-bedroom, 2.5-bath property in Bradbury Hills has 3,019 sq. ft. which is within 100 sq ft of the subject property. This property is well appointed, and the subject property will be very similar after upgrades, except that this property has an unfinished basement. This would be a great comp to use if you decided against finishing the basement. Sold in June 2024 for $650,000.
17043 Golden Poppy Lane, Parker, CO 80134 Zillow
This comp has a similar layout to the subject, featuring a 3-bedroom, 2.5-bathroom home has 2,930 sq ft. This property is well appointed, and the subject property will be very similar after upgrades, except that this property has an unfinished basement. This would be a great comp to use if you decided against finishing the basement. Sold in July 2024 for $667,000.
