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Home » Real Estate » CO » Denver » 80206 » 517 Josephine St, Denver, CO, 80206
$1,600,000

517 Josephine St, Denver, CO, 80206

4 Beds
2 Baths
2,278 Square Feet
Surrounded by multi-million dollar homes in the heart of Cherry Creek North! The lot itself is zoned for two 3-story tall town homes with an additional ADU (accessory dwelling unit) in the back - a 3-bay garage with another residential unit on top of the garage. The upside to this property is significant! As it sits now, it's making money due to the rental at the basement level and tremendous amount of parking. Open up the entire home all for you or continue to rent one or both units! Buy now, build equity, develop later! Incredible area - 1 block to amazing restaurants, Cherry Creek Mall 2 blocks away, walk everywhere! HUGE garage with electricity as well as your own private driveway, new roof & gutters, new water heater, remodeled kitchen upstairs and downstairs. Both bathrooms have been remodeled, upstairs is the original and massive claw-foot cast iron tub. Back yard is GORGEOUS, private and quiet. Stamped concrete patio, pergola and lots of exterior lighting, some no-maintenance/xeriscaping features have been incorporated to save on water! Professional landscaping, lovely garden area and flagstone patio on the south side of the home, beautiful mature trees and newer fence. English ivy and huge lilac tree. Lovely fully enclosed sun porch at the front of the home, finished and currently being used as an office space and additional living space. LED and solar lighting features. This home has been well maintained, loved and cared for. One of the original homes in Cherry Creek North! Buyer and buyer agent to verify ALL. There's lots of possibilities and tremendous upside with this one. Check zoning with the city and county of Denver. This is a lovely home in the BEST neighborhood in Denver and is move in ready!
Offered By
Sara Hankenson, Sara Sells Colorado

Property Details

Property Type Residential
Status Active
Bedrooms 4
Bathrooms (Full) 1
Property Sub Type Single Family Residence
Square Feet 2,278
MLS # 2753687
Bathrooms (¾) 1

Market Trends

New Properties On Market
34
750% Increase In New Listings
Average Asking Price
$1,478,938
$44,812 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$662
$182 Decrease In List Price/Sq. Ft.
Average Days On Market
27
34 Day Decrease In Days On Market
Data as of Feb 27, 2026. Remaining statistics above are calculated on activity within the period from Dec 01, 2025 to Jan 31, 2026.

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