Centennial Homes under $500,000

Centennial Homes under $500,000

Welcome to Centennial, Colorado – a vibrant city nestled in Arapahoe County, where the stunning Rocky Mountain backdrop meets suburban charm. Known for its friendly atmosphere and family-oriented community, Centennial offers a perfect blend of outdoor adventures and urban conveniences. With an abundance of parks, trails, and recreational facilities, residents can enjoy the great outdoors while being just a stone's throw away from the bustling Denver metropolitan area.

For those seeking a home in this picturesque city, Centennial presents an array of options under $500,000, making it an attractive destination for first-time buyers, families, and investors alike. These homes often feature spacious layouts, modern amenities, and access to top-notch schools, ensuring a comfortable living experience. Whether you’re looking for a cozy townhouse, a charming single-family home, or a stylish condo, you’ll find a variety of choices that cater to diverse lifestyles and budgets.

Centennial is also known for its thriving local economy, excellent dining options, and unique shopping experiences. The city is home to a variety of community events and festivals throughout the year, fostering a sense of belonging among residents. With its strong sense of community, beautiful surroundings, and affordable housing options, Centennial is not just a place to live; it’s a place to thrive. Explore the possibilities of making Centennial your home today, and discover the perfect balance of suburban tranquility and urban excitement!

Newest Centennial Homes under $500,000

8985 E Phillips Dr, Centennial
$485,000
2 Beds ⋅ 3 Baths ⋅ 6942485 MLS
Stylish, updated, and ideally located, 8985 E Phillips Drive offers low-maintenance living in the heart of Centennial. Freshly updated with brand-new carpet and interior paint, this move-in-ready townhome features a bright, open floor plan, generous living spaces, and scenic pond views just outside your front door. The inviting main level is filled with natural light and designed for easy everyday living and entertaining. The open kitchen features granite countertops, stainless steel appliances, a gas range, and 42-inch white maple cabinetry, all flowing seamlessly into the spacious family room highlighted by a cozy fireplace. A convenient powder bath and attached two-car garage complete the main level. Upstairs, both bedrooms enjoy the privacy of their own en-suite bathrooms, along with the added convenience of an upstairs laundry area. The expansive primary retreat features a five-piece bath and large walk-in closet, while the generously sized second bedroom includes its own private three-quarter bath—perfect for guests, a roommate, or a flexible home-office setup. Enjoy the added convenience of an HOA that covers the roof and water, along with a neighborhood surrounded by ponds, greenbelts, parks, and scenic trails. Willow Creek Park is just steps away, offering easy access to walking, hiking, and biking. The location is hard to beat— walking distance to places like 303 Coffee and Park Meadows. 10 mins to the Denver Tech Center, shopping, dining, and entertainment, with quick access to I-25 and C-470. Located within the highly regarded Cherry Creek School District, this exceptional townhome combines an outstanding Centennial location with the ease of truly move-in-ready living.

8985 E Phillips Dr, Centennial

Courtesy of Keller Williams DTC . corey@martinhomegroup.com,720-350-3363

8985 E Phillips Dr, Centennial
$485,000
2 Beds ⋅ 3 Baths ⋅ 6942485 MLS
Stylish, updated, and ideally located, 8985 E Phillips Drive offers low-maintenance living in the heart of Centennial. Freshly updated with brand-new carpet and interior paint, this move-in-ready townhome features a bright, open floor plan, generous living spaces, and scenic pond views just outside your front door. The inviting main level is filled with natural light and designed for easy everyday living and entertaining. The open kitchen features granite countertops, stainless steel appliances, a gas range, and 42-inch white maple cabinetry, all flowing seamlessly into the spacious family room highlighted by a cozy fireplace. A convenient powder bath and attached two-car garage complete the main level. Upstairs, both bedrooms enjoy the privacy of their own en-suite bathrooms, along with the added convenience of an upstairs laundry area. The expansive primary retreat features a five-piece bath and large walk-in closet, while the generously sized second bedroom includes its own private three-quarter bath-perfect for guests, a roommate, or a flexible home-office setup. Enjoy the added convenience of an HOA that covers the roof and water, along with a neighborhood surrounded by ponds, greenbelts, parks, and scenic trails. Willow Creek Park is just steps away, offering easy access to walking, hiking, and biking. The location is hard to beat- walking distance to places like 303 Coffee and Park Meadows. 10 mins to the Denver Tech Center, shopping, dining, and entertainment, with quick access to I-25 and C-470. Located within the highly regarded Cherry Creek School District, this exceptional townhome combines an outstanding Centennial location with the ease of truly move-in-ready living.

8985 E Phillips Dr, Centennial

Listing courtesy of Corey Martin.

corey@martinhomegroup.com,720-350-3363

no property photo
$399,900
4 Beds ⋅ 3 Baths ⋅ 4267582 MLS
Opportunity meets location! Situated on an expansive 0.25+ acre lot in a highly desirable Centennial neighborhood within the award-winning Cherry Creek School District, this home offers buyers the chance to create something truly special. This property is ready for updates and a fresh vision, making it an excellent opportunity for buyers looking to personalize a home and build value over time. Some of the major exterior improvements have already been completed, including a new roof in 2023 and exterior paint and sealing in 2026. The main level features an open living area with a fireplace, a spacious kitchen with ample cabinetry, breakfast bar and dining nook, plus two bedrooms and two bathrooms. The partially finished basement expands the possibilities with two additional bedrooms, a full bathroom and a generous unfinished area ready for future customization—whether you envision a recreation room, home gym, office, workshop or additional living space. Step outside and discover one of the property’s most unique features: a spacious backyard with front and rear irrigation and an impressive collection of mature apple, peach, blueberry, cherry, apricot, pear and plum trees. With plenty of room to garden, entertain and enjoy Colorado’s beautiful seasons, this lot offers possibilities that are increasingly hard to find. The home may need TLC, but that’s exactly where the opportunity lies. Bring your ideas and imagination and transform this property into a home that reflects your style. With a generous lot, flexible floor plan, desirable school district and prime Centennial location, this home is packed with potential and ready for its next chapter. Schedule your showing soon before its too late! Professional photos coming soon!

5873 S Quemoy Cir, Centennial

Courtesy of Better Homes and Gardens Real Estate Kenney & Company. 719-550-1515

5873 S Quemoy Cir, Centennial
$399,900
4 Beds ⋅ 3 Baths ⋅ 1548437 MLS
Opportunity meets location! Situated on an expansive 0.25+ acre lot in a highly desirable Centennial neighborhood within the award-winning Cherry Creek School District, this home offers buyers the chance to create something truly special. This property is ready for updates and a fresh vision, making it an excellent opportunity for buyers looking to personalize a home and build value over time. Some of the major exterior improvements have already been completed, including a new roof in 2023 and exterior paint and sealing in 2026. The main level features an open living area with a fireplace, a spacious kitchen with ample cabinetry, breakfast bar and dining nook, plus two bedrooms and two bathrooms. The partially finished basement expands the possibilities with two additional bedrooms, a full bathroom and a generous unfinished area ready for future customization—whether you envision a recreation room, home gym, office, workshop or additional living space. Step outside and discover one of the property’s most unique features: a spacious backyard with front and rear irrigation and an impressive collection of mature apple, peach, blueberry, cherry, apricot, pear and plum trees. With plenty of room to garden, entertain and enjoy Colorado’s beautiful seasons, this lot offers possibilities that are increasingly hard to find. The home may need TLC, but that’s exactly where the opportunity lies. Bring your ideas and imagination and transform this property into a home that reflects your style. With a generous lot, flexible floor plan, desirable school district and prime Centennial location, this home is packed with potential and ready for its next chapter. Schedule your showing soon before its too late! Professional photos coming soon!

5873 S Quemoy Cir, Centennial

Courtesy of Better Homes & Gardens Real Estate - Kenney & Co. . 719-924-3292

5873 S Quemoy Cir, Centennial
$399,900
4 Beds ⋅ 3 Baths ⋅ 1548437 MLS
Opportunity meets location! Situated on an expansive 0.25+ acre lot in a highly desirable Centennial neighborhood within the award-winning Cherry Creek School District, this home offers buyers the chance to create something truly special. This property is ready for updates and a fresh vision, making it an excellent opportunity for buyers looking to personalize a home and build value over time. Some of the major exterior improvements have already been completed, including a new roof in 2023 and exterior paint and sealing in 2026. The main level features an open living area with a fireplace, a spacious kitchen with ample cabinetry, breakfast bar and dining nook, plus two bedrooms and two bathrooms. The partially finished basement expands the possibilities with two additional bedrooms, a full bathroom and a generous unfinished area ready for future customization-whether you envision a recreation room, home gym, office, workshop or additional living space. Step outside and discover one of the property's most unique features: a spacious backyard with front and rear irrigation and an impressive collection of mature apple, peach, blueberry, cherry, apricot, pear and plum trees. With plenty of room to garden, entertain and enjoy Colorado's beautiful seasons, this lot offers possibilities that are increasingly hard to find. The home may need TLC, but that's exactly where the opportunity lies. Bring your ideas and imagination and transform this property into a home that reflects your style. With a generous lot, flexible floor plan, desirable school district and prime Centennial location, this home is packed with potential and ready for its next chapter. Schedule your showing soon before its too late! Professional photos coming soon!

5873 S Quemoy Cir, Centennial

Listing courtesy of Ryan Marquez.

719-924-3292

5339 S Jebel St, Centennial
$500,000
5 Beds ⋅ 4 Baths ⋅ 6283764 MLS
SWEAT EQUITY! If you’ve been waiting for a home where you can put in the work, make it your own, and potentially build value along the way, this is the opportunity. With 2,783 finished square feet, 5 bedrooms and 4 bathrooms, this Park View Meadows home offers plenty of space and a floor plan with flexibility already built in. The main level includes both formal and casual living areas, a spacious kitchen with breakfast nook, main-floor laundry, and a bedroom with nearby 3/4 bath — ideal for guests, a home office, or multigenerational living. Upstairs, you’ll find three additional bedrooms, including a generous primary suite with vaulted ceilings and a private 5-piece bath. The basement adds even more usable square footage along with another full bathroom, giving you room to create a media room, game room, gym, hobby space, or whatever fits your lifestyle. Carpet recently removed. Outside, a covered patio leads to the private backyard, while nearby open space, trails and Tollgate Park give you even more room to get outside. Yes, this home needs work — and that’s exactly the point. Bring your ideas, your contractor, and your vision. With nearly 2,800 finished square feet, a 2-car attached garage, paid-off solar panels, and a location within the Cherry Creek School District, there’s a lot here to work with. If you’re looking for perfectly polished, this probably isn’t the one. If you’re looking for potential, come take a look.

5339 S Jebel St, Centennial

Courtesy of Real Broker, LLC DBA Real . Venus@Vindiolagroup.com,303-668-9949

5339 S Jebel St, Centennial
$500,000
5 Beds ⋅ 4 Baths ⋅ 6283764 MLS
SWEAT EQUITY! If you've been waiting for a home where you can put in the work, make it your own, and potentially build value along the way, this is the opportunity. With 2,783 finished square feet, 5 bedrooms and 4 bathrooms, this Park View Meadows home offers plenty of space and a floor plan with flexibility already built in. The main level includes both formal and casual living areas, a spacious kitchen with breakfast nook, main-floor laundry, and a bedroom with nearby 3/4 bath - ideal for guests, a home office, or multigenerational living. Upstairs, you'll find three additional bedrooms, including a generous primary suite with vaulted ceilings and a private 5-piece bath. The basement adds even more usable square footage along with another full bathroom, giving you room to create a media room, game room, gym, hobby space, or whatever fits your lifestyle. Carpet recently removed. Outside, a covered patio leads to the private backyard, while nearby open space, trails and Tollgate Park give you even more room to get outside. Yes, this home needs work - and that's exactly the point. Bring your ideas, your contractor, and your vision. With nearly 2,800 finished square feet, a 2-car attached garage, paid-off solar panels, and a location within the Cherry Creek School District, there's a lot here to work with. If you're looking for perfectly polished, this probably isn't the one. If you're looking for potential, come take a look.

5339 S Jebel St, Centennial

Listing courtesy of Venus Howard.

Venus@Vindiolagroup.com,303-668-9949

7667 S Steele St, Centennial
$365,000
2 Beds ⋅ 3 Baths ⋅ 9327500 MLS
Welcome to this inviting Monterey townhome, where thoughtful updates, flexible spaces, and a peaceful greenbelt setting come together in a beautiful turnkey package! Vaulted ceilings and an open main level create a bright, welcoming feel, with a cozy gas fireplace anchoring the living room and an adjacent dining area that flows naturally into the eat-in kitchen. Updated countertops and included appliances give the kitchen a fresh, polished feel. Upstairs, two generously sized vaulted suites offer privacy rarely found in a townhome. The main floor also features a convenient half-bath, making the layout practical for guests or entertaining. Fresh paint, newer windows, furnace, and central air add to the home's move-in-ready appeal. The full basement provides valuable unfinished space for storage, a workshop, home gym, or future finishing potential. Outside, an enclosed yard and new private deck overlook the greenbelt, creating a quiet spot to enjoy your morning coffee or unwind at the end of the day. Covered parking adds everyday convenience, while the HOA takes care of exterior maintenance, grounds, roof, water, sewer, snow removal, and trash. Tucked into an established Centennial community, this home offers easy access to parks, trails, major routes, shopping, dining, and the Streets at SouthGlenn. With a versatile floor plan, low-maintenance lifestyle, and peaceful setting, this Monterey townhome offers a lot to love and room to make it your own.

7667 S Steele St, Centennial

Listing courtesy of Conrad Steller.

conradcontracts@stellerrealestate.com,303-539-5228

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