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3053 E Phillips Drive, Centennial, CO, 80122

4beds
3baths
2,703sqft
$750,000
$277price/sqft
$4,712/moest. monthly cost
$188,480/yrincome needed

About This Home

NEW PRICE! A great opportunity to get into the highly sought-after Highlands 460 neighborhood at $725,000! Beautifully maintained tri-level in the highly desirable Highlands 460 neighborhood! Fresh interior paint and thoughtful updates throughout make this home truly move-in ready. The welcoming main level features hardwood floors, abundant natural light, a spacious living room, formal dining room, and an updated kitchen with painted cabinetry, new countertops, stainless steel appliances, ample storage, and a sunny breakfast nook. The lower level offers a warm and inviting family room with a sliding glass door leading to the brand-new deck, creating a seamless indoor-outdoor living space. This level also includes a bedroom, ¾ bath, and convenient laundry room, making it ideal for guests, multigenerational living, or a private home office. Upstairs, you'll find three generously sized bedrooms, including the spacious primary suite with a beautifully remodeled ensuite bath featuring a custom vanity, quartz countertops, designer finishes, and elegant tile flooring. An additional full bathroom serves the secondary bedrooms. The finished basement provides even more flexible living space with brand-new carpet and two separate rooms perfect for a home gym, media room, playroom, hobby space, or additional office. Additional updates include a new garage door and opener, furnace and central A/C (2016), water heater (2024), and a brand-new deck. Located in the highly acclaimed Littleton Public Schools district and just minutes from Arapahoe Park with direct access to the High Line Canal Trail system, this home offers easy access to parks, trails, shopping, dining, and everything Centennial has to offer. Move right in and enjoy the perfect combination of space, updates, and an unbeatable Highlands 460 location.

Getting Around

35
WalkingCar-Dependent
20
TransitMinimal Transit
49
BikeSomewhat Bikeable

Schools

7/10
Ford ElementaryGrades K-51.5 mi
8/10
Arapahoe High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1980

Materials

  • Roof: Composition
  • Construction materials: Brick,Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Freezer,Microwave,Range,Refrigerator,Self Cleaning Oven,Washer

Basement

  • Has basement: Yes
  • Basement: Finished,Partial

Bathroom

  • Features: En Suite Bathroom
  • Level: Lower

Bathroom

  • Level: Upper

Bathroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Lower

Bedroom

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2

Bonus Room

  • Level: Basement

Bonus Room

  • Level: Basement

Dining Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Eat-in Kitchen,Entrance Foyer,Granite Counters,Primary Suite,Radon Mitigation System,Smart Thermostat,Solid Surface Counters,Walk-In Closet(s)
  • Window features: Bay Window(s),Skylight(s),Window Coverings
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 487
  • Finished area above ground: 2,216

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,703
  • Total interior livable area: 2,703 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Lower

Living Room

  • Level: Main

Property

Details

  • Parcel number: 032246120
  • Special condition: Standard
  • Exclusions: Sellers Personal Property

Features

  • Levels: Tri-Level
  • Patio & porch: Covered,Deck
  • Exterior features: Private Yard
  • Fencing: Full

Lot

  • Lot size: 0.31 Acres
  • Features: Many Trees,Sprinklers In Front,Sprinklers In Rear

Parking

  • Total spaces: 2
  • Parking features: Concrete,Exterior Access Door,Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$373$4,476
Property Taxes $343$4,116
Electricity $204$2,448
Total$4,712$56,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$161,554/yr
40% on housing$141,360/yr
45% on housing$125,653/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.1%
14.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$277This listing

vs Other Active Listings

Avg $/sqft

ZIP 80122$200
Arapahoe County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 80122$253
Arapahoe County$246

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$725,000
2026-08-13Contingent$725,000
2026-08-12Price change$725,000
2026-07-31Listed for sale$750,000
2002-09-16Sold$262,900

For Sale by Agent

AgentColleen Sophia
BrokerageeXp Realty, LLC

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