Lakewood, CO 80214 1695 Teller St

Located in the desirable Edgewood neighborhood of Lakewood, this rare 0.48-acre property presents a prime opportunity for builders, developers, and investors in one of the area's fastest-growing redevelopment corridors. The existing home features 2 bedrooms, 2 bathrooms, and a finished basement, offering immediate livability or rental potential while planning future improvements. Adding to the property's versatility is a 30x50 outbuilding complete with a half bath ideal for a workshop, storage, or additional utility space. Surrounded by a diverse mix of classic ranch homes, updated residences, and new construction, the neighborhood continues to see strong rental demand and appreciation. Just minutes from downtown Denver and the thriving Sloan's Lake district, this location offers exceptional upside potential for scrape, redevelopment, or value-add projects. Positioned in a pocket of active infill with strong comparable sales and ongoing revitalization, the property benefits from convenient access to 6th Ave, major commuter routes, light rail, parks, shopping, and cultural attractions enhancing its long-term appeal for future resale or rental income.