Carmody Hillcrest Real Estate

Welcome to Carmody Hillcrest, a hidden gem nestled in the heart of Lakewood, Colorado. This charming subdivision in Jefferson County offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Carmody Hillcrest is renowned for its picturesque tree-lined streets and well-maintained homes that showcase a variety of architectural styles. From cozy single-family residences to modern townhomes, there’s something for everyone in this vibrant community. Residents enjoy spacious yards and beautifully landscaped gardens, providing a serene environment for outdoor activities and gatherings.

One of the standout features of Carmody Hillcrest is its proximity to a wealth of amenities. Just a short drive away, you'll find an array of shopping centers, restaurants, and entertainment options that cater to every taste. For those who love the great outdoors, the nearby parks and trails offer endless opportunities for hiking, biking, and enjoying Colorado’s stunning natural beauty. The popular Carmody Park is just a stone's throw away, providing playgrounds, sports fields, and picnic areas that are perfect for family outings.

Families will appreciate the highly-rated schools in the area, ensuring a quality education for their children. Additionally, the community fosters a friendly atmosphere, with regular neighborhood events that encourage social interaction and camaraderie among residents.

Carmody Hillcrest is not just a place to live; it's a lifestyle. With its inviting community spirit, convenient location, and beautiful surroundings, this subdivision is truly a wonderful place to call home. Come discover the charm of Carmody Hillcrest, where your dream home awaits!

Newest Listings in Carmody Hillcrest

$1,049,000

4 Beds ⋅ 4 Baths ⋅ 5263034 MLS

House Hack on a Full Acre Collect $2,300/mo from a Tenant Already in PlaceTwo fully independent residences on one deed, one loan. Live in the main house. Cottage has a tenant in place - no lease-up period, no vacancy risk to underwrite on day one. * Current cottage rent: $2,300/month + pet rent, month-to-month * Gross annual income from cottage: $27,600+ * Well and septic on both homes - no city water/sewer utility expense, which is a real line-item difference in Colorado * Owned solar system (paid off, transfers to buyer) - reduces main house carrying cost further Why This Pencils Differently Than a Typical SFR Most single-family homes don't generate income while you live in them. This one does. Note that this isn't a fully-rented investment property with a cap rate to calculate - you're occupying the main house, so the $27,600/year from the cottage is best thought of as a direct offset to your mortgage and carrying costs, not a return on the full property value. For a buyer comparing this to a typical SFR purchase, the comparison that matters is: same house, minus roughly $2,300/month in housing cost, because someone else is paying it. Ask your lender how this property's existing lease applies to your specific loan program for qualifying purposes. The Main House 4BR/3BA (two bedrooms non-conforming, in a walk-out basement with its own private entrance - functionally a separate living space within the home), 200-degree mountain and city views, 5-burner gas range kitchen, owned solar, central wood stove, central AC, main-floor laundry. The Cottage 2BR/1BA, central AC, currently tenant-occupied at $2,300/mo + pet rent on a flexible month-to-month lease. Has its own white picket-fenced yard, fully separate from the main house's yard - genuine privacy and separation, not a shared backyard arrangement. MTM lease means a buyer can keep the income running indefinitely or transition the space on their own timeline. Carmody Hillcrest neighborhood, Jeffco schools

2540 S Kipling St, Lakewood

Listing courtesy of Micki Carwin.

micki@denverprop.com,303-551-4572

$1,049,000

4 Beds ⋅ 4 Baths ⋅ 5263034 MLS

House Hack on a Full Acre Collect $2,300/mo from a Tenant Already in PlaceTwo fully independent residences on one deed, one loan. Live in the main house. Cottage has a tenant in place — no lease-up period, no vacancy risk to underwrite on day one. • Current cottage rent: $2,300/month + pet rent, month-to-month • Gross annual income from cottage: $27,600+ • Well and septic on both homes — no city water/sewer utility expense, which is a real line-item difference in Colorado • Owned solar system (paid off, transfers to buyer) — reduces main house carrying cost further Why This Pencils Differently Than a Typical SFR Most single-family homes don't generate income while you live in them. This one does. Note that this isn't a fully-rented investment property with a cap rate to calculate — you're occupying the main house, so the $27,600/year from the cottage is best thought of as a direct offset to your mortgage and carrying costs, not a return on the full property value. For a buyer comparing this to a typical SFR purchase, the comparison that matters is: same house, minus roughly $2,300/month in housing cost, because someone else is paying it. Ask your lender how this property's existing lease applies to your specific loan program for qualifying purposes. The Main House 4BR/3BA (two bedrooms non-conforming, in a walk-out basement with its own private entrance — functionally a separate living space within the home), 200-degree mountain and city views, 5-burner gas range kitchen, owned solar, central wood stove, central AC, main-floor laundry. The Cottage 2BR/1BA, central AC, currently tenant-occupied at $2,300/mo + pet rent on a flexible month-to-month lease. Has its own white picket-fenced yard, fully separate from the main house's yard — genuine privacy and separation, not a shared backyard arrangement. MTM lease means a buyer can keep the income running indefinitely or transition the space on their own timeline. Carmody Hillcrest neighborhood, Jeffco schools

2540 S Kipling Street, Lakewood

Courtesy of Denver Property Group . micki@denverprop.com,303-551-4572

$1,049,000

4 Beds ⋅ 3 Baths ⋅ 9483994 MLS

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

2540 S Kipling St, Lakewood

Listing courtesy of Micki Carwin.

micki@denverprop.com,303-551-4572

$1,049,000

4 Beds ⋅ 3 Baths ⋅ 9483994 MLS

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

2540 S Kipling Street, Lakewood

Courtesy of Denver Property Group . micki@denverprop.com,303-551-4572

Start Your Search

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 You 1st Realty 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. IDX Terms and Conditions

The data relating to real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial use. Information is provided exclusively for consumers' personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Information deemed reliable but not guaranteed by the MLS
Listing data last updated:

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.