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Beacon Point Market Update - Aurora CO May 2017

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

Beacon Point - Aurora, CO  80016

 

You will find Beacon Point East of E-470 and North of Smoky Hill in Southeast Aurora, Arapahoe County.   Beacon Point has been a highly sought after neighborhood due to the executive homes and the location close to Aurora Reservoir and all within Cherry Creek School District.   Beacon Point is located in zip code 80016.   As of August 2016, there are 771 completed homes, with 875 expected once all construction is complete.

 

 

Homes in Beacon Point range from 1,874 square feet to 6,718 finished square feet and range in price from $410,000 to $970,000.    Homes were built from 2005 to some new builds in 2016.   You will find a few homes with a 2 car garage, most have 3 car garages and a few rare 4 car garages.  

  

 

You will find homes built by Century, Engle and Lennar and Century Communities.  

 

Here is what SOLD in May 2017

 

  • 3 properties sold ranging from $458,581 to $575,000  (May 2016 had 6 sales)

  • Average days on market - 17 days (last year had 20 days)

  • Average Sold Price - $505,000   (last year had $504,445)

  • Sellers saw 99.14% to list price (last year saw 99.5%)

I am seeing the current market a bit slower for resales in Beacon Point right now, due to the numbers of new homes being built in the area.

 

Here is what SOLD in all of 2016

  • 66 properties sold   (2015 saw 70 properties sold)

  •  

  • Average days on market - 28 days (2015 saw 55 days)

  • Average Sold Price - $491,500 (2015 saw $494,850)

  • Sellers saw 99.28% to list price (2015 saw 98.68%)

 

Aurora ReservoirBeacon Point Clubhouse

  

Currently there are 13 active listings ranging from $477,280 to $960,000 showing 25 days on market.   

 

Beacon Point homes for sale in Aurora CO

 

There are 20 under contract ranging in price from $423,480 to $779,000.      

 

 

Beacon Point home for sale

 ** Photos courtesy of REColorado

 

This community is located with Cherry Creek Schools - Buffalo Trail and Pine Ridge Elementary, Fox Ridge Middle School and Cherokee Trail High School.   

Only minutes to Aurora Reservoir and Southlands Mall.    This is a popular community for those working at DIA, as it is an easy commute with E-470.   

 

The HOA is strong in Beacon Point, and currently the HOA fee is $140 per quarter.   These fees include the use of the clubhouse with fitness center, a community pool, common grounds maintenance and trash with recycling.     For more info from the HOA - here is the link to the Beacon Point HOA web site.

 

Residents love Beacon Point for the outdoor activities available.  There are 8 miles of trails around the Aurora Reservoir for biking, hiking and walking the pup.    You also will find non-motorized boating, archery, SCUBA diving, picnics, and wildlife viewing.   There are over 800 acres of water surface and is Aurora's largest park and open space.    The Aurora Reservoir earned the title by Westword of "Best Park for Fishing" in 2012.    The seasonal swim beach will open 5/23 for sunbathing and swimming, boats are available for rental and check out the special fishing tournaments held at Aurora Reservoir.

 

Aurora Reservoir

 

Shopping and dining options are within minutes at Southlands Shopping Center located at Aurora Parkway and Smoky Hill Road.     You will find an array of retail outlets and restaurant options, 16 screen movie theater, and a Farmers Market that is open every Saturday through the summer from 8 am to 1 pm.    The Farmers Market weekly has 40 local vendors providing organic and pesticide-free produce, dairy products, baked goods, homemade salsa and more!

 

Southlands Shopping Center

 

The Denver metro area market is a strong Seller's market, and a need for more listings.    I assist buyers and sellers in and around the Denver metro area with their real estate needs and guide them smoothly through this process.    Please visit my web site to view properties available in the Denver metro area, or how I can be effective in selling your home.

 

 

Map of Beacon Point

   

 

We are in a strong Seller's market, and if you are contemplating a sale, give me a call, and let me tell you how I can get top dollar for your home!  

 

 

If you would like to see any of the current listings in Beacon Point, give me a call.        Joan Cox - 720-231-6373

 

Posted by

Joan Cox
Broker/Owner, REALTOR®
House to Home, Inc.

Serving the Denver Metro area including all suburbs


Helping Buyers and Sellers achieve their real estate dreams, one house at a time!

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Comments(4)

Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

With that many under contract it is saying that this is a great community and the word is out.

Jun 21, 2017 06:22 PM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Great report, we saw similar things locally, less sales but lots of pending sales which will make afor a bumper June for settlements.

Jun 22, 2017 07:29 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debbie, plus with backing to Aurora Reservoir, there is lots of outdoor activities to do! 

Jun 23, 2017 09:35 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nick, it will be a good month for sales in Beacon Point! 

Jun 23, 2017 09:35 AM