New residential area in Greenwood Village is taking shape

This spec home planned for 5125 S. Kearney Court in West Village is on 0.71 acres, will have 4,465 finished square feet and a full unfinished in ground basement. It is available for $2,925,000.

BY FREDA MIKLIN – STAFF WRITER

West Village, a new 10-home planned unit development in Greenwood Village just south of Belleview Avenue between South Holly Street and South Monaco Street is finally taking shape. 

This home on 0.57 acres at 5135 South Kearney will have 4,195 finished square feet and a full unfinished in-ground basement. It is listed for $2,659,000 and is under contract.

According to the developer Renaissance Homes’ website, westvillagecolorado.com, five of the available nine lots
have already been sold. One of them, Lot 4 (see illustration below), which is 0.58 acres, was listed at $1,017,000 on the website and was recently reported in public records as having been sold for $988,524 to residents of Cherry Hills Village. Lot one in Block two was also reported in public records as having been sold for the asking price of $908,000. The other lots listed as being either under contract or sold are Lots 5 and 6, priced at $1,038,000 and $951,000. Lot 7 at 5125 S. Kearney Court had an asking price of $880,000 for the land alone. The total asking price for the lot and the custom home planned for it is $2,925,000, including a full unfinished basement.

This illustration shows the lot locations and sizes in West Village in the Greenwood Hills neighborhood of Greenwood Village.

This development was approved for rezoning six years by the GV city council. Prior to the rezoning in mid-2015, the 10.25-acre parcel was zoned R-2.5 (two and one-half-acre lots). The approved rezoning was to R-1.0 PUD with a minimum lot size of 0.55 acres. Of the nine new lots (one has an existing home), the actual average size is 0.65 acres, according to the developer’s website.

fmiklin.villager@gmail.com