The Village of Five Parks is located in the northwestern quadrant of Arvada, Colorado. It is bordered on the west by Indiana St., on the north by 87th Parkway, and on the south by the Union Pacific Railroad.
People like the Village of Five Parks because of its five parks, community events, main street-style small retail shops, and views of and proximity to the mountains. Negatives include some isolation from major shopping amenities, relatively high homeowner's associaton* fees, the high prices for the homes themselves, and the lack of tree canopy due to the newness of the neighborhood (building started in 2002).
The Village of Five Parks has a mix of home styles, but still mainly single family detached (94%). Over half of the residents identify themselves as 'married with children'. The average income in the Village is $143,165 for those households with children, which is the 96th percentile for the state. The average age of residents is 37.
Yes, residents do hear the trains, which is a common sound to Arvadans. The homes south of 86th Parkway are closest to the tracks. 
Right now, there are twenty-six homes for sale in the Village of Five Parks, asking prices start at $310,00 and go up to $650,000. There are three homes currently under contract, priced from $375,000 to $438,000. In the past six months, seven have sold, ranging from $293,000 to $450,000. It's still a tough market in the Village, read my post about it here.
Read an updated market report for the Village of Five Parks here.
Village of Five Parks kids attend Meiklejohn Elementary School, Wayne Carle Middle School, and Ralston Valley High School
*In Colorado, home buyers have the right to inspect HOA documents and financial records, and can terminate a contract to buy based on what they find, at their sole discretion.
Arvada is a historic town about midway between Denver and Boulder in Jefferson County, Colorado.
Read more about life in Arvada Colorado, between Denver and Boulder.
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Joetta Fort, Realtor 720-353-8031
Joetta, what a delightful neighborhood. I can see why it's so popular!