10
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9200 Grandview Ave
About This Property
Site work is already done: home demolished, approximately $10,000 in tree removal completed, professional soils report and survey on file, temporary electrical pole installed, sewer line cut and capped at the property line, and irrigation rights with an on-site construction water faucet. A full civil engineering package-including grading, fire access, utility, and erosion control plans stamped by a licensed professional engineer-is included, along with completed custom architectural plans for a one-story, approximately 5,000-square-foot residence. A detached two-car garage remains for storage.
Walkable to Olde Town Arvada's restaurants, shops, and farmers market. Close to Ralston Central Park, the Arvada Beer Garden, and direct access to the Ralston Creek Trail for miles of trail riding and running in both directions.
Subdivision already approved, engineering plans completed, and holding costs minimized - for the investor ready to break ground or the owner-occupant ready to build their dream home.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2026 | Listed | $647,000 | |
| Listed | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Jan 11, 2026 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Dec 4, 2025 | Listed by Compass - Denver | $850,000 | |
| Listed by Compass - Denver | |||
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Dreamy modern farmhouse on rare, 1/2 acre dividable corner lot 1 mile west of Historic Olde Town Arvada. Unparalleled opportunity for development, investment, or long-term living in. The home has been thoughtfully renovated, blending turn-of-the-century charm with contemporary design. Newer windows flood the open-concept layout with sunlight. Curated details include an entirely reimagined floorplan with all newer lighting, hardware/fixtures, trim, paint and flooring. Sunny kitchen with eye-catching backsplash & quartz countertops. Two main floor bedrooms including a primary w/ stunning en suite bath w/ oversized walk-in shower highlighted by sleek blue-hued subway tile. Updated full hall bath serves the 2nd bedroom and is perfect for entertaining guests. Main floor also features an oversized living & entertaining space with access to the entry and side patio area and dining area. Versatile finished basement provides bonus living space-perfect for a media room, home office or fitness area - offering even more room to grow. You'll also find a 3rd bedroom (non-conforming as lacks closet) and accompanying 3/4 updated bath alongside the laundry area + a large crawl space. Expansive covered rear patio is perfect for 3 season entertaining. The home also features a 20' x 30' detached, heated 2 car garage with 220 - a great option for homeowners seeking a dedicated shop. Existing home allows for 12k sq ft lot + an add'l 9k sq foot lot. Enjoy the perfect canvas to build your dream home while living in the existing residence (ADU perhaps?), add your ideal garage/shop, or craft the outdoor oasis you've always envisioned - ditch water rights keep exterior watering costs to a minimum. Whether you're seeking a prime site to build, an updated historic home to put down roots, or an investment property with short- or long-term rental potential, this one checks the boxes and sits nearby Arvada's hub of boutique shopping, dining, breweries, wineries, and year-round community events.
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| Mar 23, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017