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1501 E Panama Drive

Centennial, CO 80121
  • $525,000
  • STATUS: Pending
  • ON SITE: 14 Days
  • ID#: 5842453
Under Contract
UPDATED: 30 min ago
$525,000
  • 3
    BEDS
  • 0.41
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,130
    SQFT
  • $246
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1969
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Compass - Denver.

Description

Welcome to your next big opportunity at 1501 East Panama Drive in beautiful Centennial! This charming brick home sits on an expansive 17,894 square foot lot, offering plenty of space for creativity and growth. With great bones, this property is a fantastic canvas for those with a vision. Inside, you'll find a comfortable 1,065 square feet of living space, ready to be transformed into a cozy haven. The home features three spacious bedrooms and one bathroom. An added bonus is the 1,065 square foot unfinished basement, offering even more potential for expansion or customization. Whether you dream of a home gym, extra living space, or a workshop, this basement is ready for your personal touch. The property is equipped with central air for year-round comfort, and recent updates include a NEW hot water heater and a NEW sewer line, adding to the home's value and reliability. While the home itself needs some updating and TLC, it's the perfect fixer-upper investment for those who love a good project or are seeking to create their dream home. The large lot provides endless possibilities for outdoor enthusiasts. Imagine designing your perfect garden, creating an outdoor entertainment area, or even expanding the current home. Bring your dreams and see the potential in this well-located property. Whether you're a first-time homebuyer or an investor looking for your next project, 1501 East Panama Drive offers the promise of something special. The bones are fantastic and it's just waiting for your vision to be applied. Don't miss this wonderful opportunity to craft a space uniquely your own in a desirable location! This home is being sold 'AS-IS'.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Portenga Properties | Coldwell Banker Global Luxury Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.portengaproperties.com/homes/161307846
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1501 E Panama Drive Centennial, CO 80121

  • Price: $525,000
  • Status: Pending
  • On Site: 14 Days
  • Updated: 30 min ago
  • ID#: 5842453
3
Beds
1
Baths
0
½ Baths
0.41
Acres
2,130
SQFT
$246
$/SQFT
1969
Built
Neighborhood:
Broadway Estates 3Rd Flg
County:
Arapahoe
Area:
Centennial
Elementary School:
Littleton Academy
Middle School:
Euclid
High School:
Littleton
School District:
Littleton 6
Property Description
Welcome to your next big opportunity at 1501 East Panama Drive in beautiful Centennial! This charming brick home sits on an expansive 17,894 square foot lot, offering plenty of space for creativity and growth. With great bones, this property is a fantastic canvas for those with a vision. Inside, you'll find a comfortable 1,065 square feet of living space, ready to be transformed into a cozy haven. The home features three spacious bedrooms and one bathroom. An added bonus is the 1,065 square foot unfinished basement, offering even more potential for expansion or customization. Whether you dream of a home gym, extra living space, or a workshop, this basement is ready for your personal touch. The property is equipped with central air for year-round comfort, and recent updates include a NEW hot water heater and a NEW sewer line, adding to the home's value and reliability. While the home itself needs some updating and TLC, it's the perfect fixer-upper investment for those who love a good project or are seeking to create their dream home. The large lot provides endless possibilities for outdoor enthusiasts. Imagine designing your perfect garden, creating an outdoor entertainment area, or even expanding the current home. Bring your dreams and see the potential in this well-located property. Whether you're a first-time homebuyer or an investor looking for your next project, 1501 East Panama Drive offers the promise of something special. The bones are fantastic and it's just waiting for your vision to be applied. Don't miss this wonderful opportunity to craft a space uniquely your own in a desirable location! This home is being sold 'AS-IS'.
Exterior Features

Attached Garage YN Yes Carport Spaces 0 Construction Materials Brick Foundation Details Slab Lot Size Area 17894 Offstreet Spaces 0 Parking Features Concrete Parking Total 2 Roof Architecural Shingle Rv Spaces 0 Structure Type House

Interior Features

Above Grade Finished Area 1065 Appliances DishwasherDryerMicrowaveOvenRefrigeratorWasher Basement FullUnfinished Basement YN Yes Below Grade Finished Area 0 Cooling Central Air Flooring Carpet Heating Forced Air Levels One Main Level Bathrooms 1 Main Level Bedrooms 3 Rooms Living Room (Main Level) Dining Room (Main Level) Bedroom (Main Level) Bedroom (Main Level) Bedroom (Main Level) Kitchen (Main Level) Bathroom (Full) (Main Level) Rooms Total 7

Property Features

Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Building Area Source Public Records Comparable Listing YN No Contingency None Known Exclusions None Furnished Unfurnished Green Verification Count 0 Home Warranty YN No Listing Terms CashConventionalFHAVA Loan Living Area Sq Ft 1065 Ownership Individual Possession Closing/DOD Property Attached YN No Property Condition Fixer Property Sub Type Single Family Residence Restrictions Covenants YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3490 Tax Legal Description LOT 6 BLK 56 BROADWAY ESTATES 3RD FLG Tax Year 2024 Utilities Electricity Connected Water Included YN Yes Water Source Public

REcolorado logo Listing courtesy of Compass - Denver:cole.rudy@compass.com,720-704-4882. MLS #5842453


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Portenga Properties | Coldwell Banker Global Luxury Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Portenga Properties | Coldwell Banker Global Luxury Real Estate
201 Columbine Street, Suite 200
Denver CO, 80206
REcolorado logo Offered by Compass - Denver.