2540 S Kipling Street, Lakewood, CO 80227
Local realty services provided by:ERA Teamwork Realty
Listed by: micki carwin
Office: denver property group
MLS#:9483994
Source:ML
Price summary
- Price:$989,995
- Price per sq. ft.:$215.5
About this home
Two Homes, One Loan, One Tenant Already Paying — A Rare Setup for Multigenerational Living or Built-In Rental Income Most buyers in this price range are choosing between a bigger house or a rental property. This listing is 1 deed, 1 loan, and two separate, fully independent homes on a full acre in Lakewood's Carmody Hillcrest neighborhood. The main house is yours to live in. Cottage tenant is $2,300/month + pet rent - month-to-month lease — income that starts the day you close. This is the property for a buyer who wants to bring a parent close, house an adult child without losing privacy, or simply have the mortgage subsidized by a tenant who's already there. The cottage's picket-fenced yard, separate from the main house fenced yard for privacy - two distinct outdoor spaces. A low-maintenance income setup — separate utilities, no shared walls, and well/septic systems = no water utility costs, which matters in Colorado. The Main House Open-concept living built to take advantage of the 200-degree mountain and city views. Chef's kitchen — five-burner gas range, generous storage. Primary suite includes a walk-in closet; the main bath has a deep soaking tub. A central wood stove keeps heating costs down, and owned solar panels (paid in full, transferring to the new owner) do the same. Main-floor laundry. Two walkout patio doors lead to a west-facing deck for sunset views over the foothills. Spacious walk-out basement, living space, 2 non-conforming bedrooms, with its own private entrance — almost like a third living space within the main house. Perfect for a multigenerational buyer or House Hack Investor. The Cottage A genuinely separate 2-bedroom, 1-bath home. A full acre, corner lot, with the main house yard separately fenced from the cottage's picket-fenced yard, plus a fire pit, garden space, and a hot tub. Far enough from the city to feel private, close enough that downtown Denver is under 20 minutes away. Seller holds an inactive Colorado Real Estate License...
Contact an agent
Home facts
- Year built:1973
- Subdivision & Development:Carmody Hillcrest
- Listing ID #:9483994
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Flooring:Carpet, Wood
- Bathrooms Description:Five Piece Bath
- Kitchen Description:Cooktop, Dishwasher, Disposal, Oven, Range, Refrigerator
- Basement:Yes
- Basement Description:Full, Walk-Out Access
- Living area:4,594 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Active Solar, Electric, Hot Water, Wood Stove
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1973
- Building area:4,594 sq. ft.
- Lot area:1 Acres
- Lot Features:Corner
- Architectural Style:Bungalow, Cottage, Mid-Century Modern
- Construction Materials:Brick
- Exterior Features:Balcony, Covered, Deck, Fire Pit, Front Porch, Garden, Private Yard, Rain Gutters, Spa/Hot Tub
- Foundation Description:Concrete Perimeter
- Levels:1 Story
Schools
- High school:Bear Creek
- Middle school:Carmody
- Elementary school:Green Gables
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$989,995
- Price per sq. ft.:$215.5
- Tax amount:$6,475 (2024)
Features and amenities
- Laundry features:Dryer, In Unit
- Amenities:Carbon Monoxide Detector(s), Double Pane Windows, Security Entrance, Smoke Detector(s)
Parking
- Total parking spaces:4
New listings near 2540 S Kipling Street
- Coming Soon
$1,095,000Coming Soon5 beds 5 baths2833 S Fig Street, Lakewood, CO 80228
MLS# 5053090Listed by: KELLER WILLIAMS ADVANTAGE REALTY LLC - Coming SoonOpen Sat, 11am to 2pm
$589,000Coming Soon4 beds 2 baths200 S Newland Street, Denver, CO 80226
MLS# 4879771Listed by: RE/MAX MOMENTUM - Coming Soon
$1,295,000Coming Soon6 beds 4 baths2244 Balsam Street, Denver, CO 80214
MLS# 8100789Listed by: EXP REALTY, LLC - Coming Soon
$849,900Coming Soon4 beds 3 baths5845 W 3rd Place, Denver, CO 80226
MLS# 4211045Listed by: THE HAYSLETT GROUP, LLC - Coming Soon
$215,000Coming Soon1 beds 1 baths1845 Kendall Street #316D, Denver, CO 80214
MLS# 5068649Listed by: REAL BROKER, LLC DBA REAL - Coming Soon
$298,500Coming Soon2 beds 2 baths3335 S Ammons Street #6-104, Denver, CO 80227
MLS# 9825161Listed by: PRESIDIO REAL ESTATE GROUP - New
$373,000Active3 beds 2 baths1,595 sq. ft.9771 W Cornell Place, Denver, CO 80227
MLS# 8254554Listed by: REALPRO REAL ESTATE PROFESSIONALS - Open Sat, 12am to 3pmNew
$600,000Active6 beds 2 baths2,200 sq. ft.1776 Jay Street, Denver, CO 80214
MLS# 2257804Listed by: SARA SELLS COLORADO - New
$415,000Active3 beds 2 baths1,507 sq. ft.1315 Ames Street, Lakewood, CO 80214
MLS# 6984850Listed by: RE/MAX PROFESSIONALS - New
$329,500Active2 beds 3 baths1,312 sq. ft.3409 S Ammons Street #21-5, Denver, CO 80227
MLS# 8223328Listed by: COMPASS - DENVER