Located on coveted South Jackson Street in Observatory Park, this property offers an exceptional opportunity in one of Denver's most sought-after neighborhoods. The expansive 20,600-square-foot (.47-acre) divisible lot provides multiple development paths for an owner-occupant, investor, or builder, including a new luxury single-family residence with an ADU, potential subdivision for two homes, or renovation of the existing residence, all subject to city approval. The current single-level 2,606-square-foot brick ranch includes three bedrooms, two bathrooms, a west-facing living room with fireplace, a large flex or recreation room opening to the backyard, abundant storage, and an attached two-car garage-an ideal footprint for renovation or expansion. Architectural plans are available for a 4,000-square-foot, single-level luxury home, with plans already submitted and under review by the City of Denver, offering meaningful time and cost savings for a full remodel and expansion. Ideally positioned near the University of Denver and bordering University Park, Observatory Park, and Wellshire, the property offers convenient access to major routes, shopping, dining, and daily amenities, and is located within the highly desirable Merrill Middle School boundary. Buyer to verify all zoning, building, subdivision, and ADU requirements with the City of Denver.
Offered By
Jen Widler jen@schlichterteam.com,303-552-7079, Compass - Denver
Utility FeaturesNatural Gas Available, Electricity Available, Cable Available
SEWERCity Sewer, Public Sewer
WATER SOURCECity Water
Year Built1952
BasementCrawl Space
ARCHITECTURAL STYLEContemporary/Modern, Ranch
RoofComposition
FencePartial
Lot FeaturesGutters, Lawn Sprinkler System, Level
Garage spaces2
Other StructuresOutbuildings
CITYDenver
SUBDIVISIONObservatory Park
COUNTYDenver
AREAMetro Denver
STATECO
SENIOR COMMUNITYNo
TAX AMOUNT7990.0
LATEST UPDATE2026-01-23T14:38:59.340Z
DAYS ON MARKET15
PRICE CHANGE(S)
$1,200,000 Jan 10, 2026
$1,125,000 Jan 23, 2026
CUMULATIVE DAYS ON MARKET15
Market Trends
New Properties On Market
4
64%
Decrease In New Listings
Average Asking Price
$672,000
$439,536 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$432
$23 Decrease In List Price/Sq. Ft.
Average Days On Market
14
33 Day
Decrease In Days On Market
Data as of Jan 28, 2026.
Remaining statistics above are calculated on activity within the period from Nov 01, 2025 to Dec 31, 2025.
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