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550 E 12th Avenue #1703, Denver, CO, 80203

2beds
2baths
1,373sqft
$592,000
$431price/sqft
$3,651/moest. monthly cost
$146,040/yrincome needed

About This Home

*High End Finishes* *Views* *Location* *Luxury* This unit's stunning high-floor, south-facing views include Pikes Peak, Cherry Creek, and our beautiful Colorado mountains. You'll love everything about this 17th-floor unit, from its high-end finishes to the in-unit washer and dryer. And you’ll love everything about Penn Square, from 24/7 onsite management to its spectacular amenities – outdoor pool – gazebo – fitness room – private guest suite – community party rooms – and rooftop garden. A complete kitchen remodel features high-end Dacor and Miele appliances, two-tone custom cabinetry, beautiful quartz counters, a full pantry system, and room for bar stool seating. Come home and unwind in the in-unit luxurious steam shower, then enjoy all the other high-end features of the remodeled bathrooms—premium fixtures, fresh tile, and beautiful stone flooring. Storage abounds—an entire wall of closets in the primary suite, walk-in closets, floor-to-ceiling cabinets throughout, a dedicated storage unit on level B1, and an oversized garage space on level B2. The RTD bus stops just feet from the building, and with a walk score of 93, you can walk everywhere—shops, restaurants, grocers, Cheesman Park, and more. With 24/7 on-site management, Penn Square is one of the high-rises in Denver. See it now!

Getting Around

93
WalkingWalker's Paradise
69
TransitGood Transit
99
BikeBiker's Paradise

Schools

8/10
East High SchoolGrades 9-121.4 mi
9/10
Morey Middle SchoolGrades 6-80.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1967

Materials

  • Roof: Unknown
  • Construction materials: Brick,Concrete

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary,Urban Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Range Hood,Refrigerator,Washer
  • Laundry features: In Unit

Bathroom

  • Features: En Suite Bathroom
  • Level: Main

Bathroom

  • Level: Main

Bedroom

  • Features: Primary Suite
  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • 3/4 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Features

  • Built-in Features,No Stairs,Open Floorplan,Pantry,Primary Suite,Quartz Counters,Walk-In Closet(s)
  • Window features: Bay Window(s),Double Pane Windows
  • Flooring: Stone,Tile,Wood
  • Finished area above ground: 1,373
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Baseboard,Radiant
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,373
  • Total interior livable area: 1,373 sqft

Kitchen

  • Level: Main

Property

Details

  • Parcel number: 503120164
  • Attached to another structure: Yes
  • Zoning: G-MU-5
  • Special condition: Standard
  • Exclusions: Seller's Personal Property And Any Staging Items.

Features

  • Levels: One
  • Stories: 1
  • Entry location: Corridor Access
  • Pool features: Outdoor Pool
  • Patio & porch: Covered,Deck
  • Exterior features: Balcony,Elevator,Fire Pit,Garden,Water Feature
  • Has view: Yes
  • View description: City,Mountain(s)

Parking

  • Total spaces: 1
  • Parking features: Guest,Heated Garage,Lighted,Underground
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    HailRelatively High
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Lightning
Tornado

FEMA Declared Disasters Across Colorado Counties

Fire
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 $2,993$35,916
Home Insurance *$241$2,892
Property Taxes $231$2,772
Electricity $186$2,232
Total$3,651$43,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,177/yr
40% on housing$109,530/yr
45% on housing$97,360/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: 12.7%
12.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$431This listing

vs Other Active Listings

Avg $/sqft

ZIP 80203$167
Denver County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 80203$396
Denver County$352

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)

Price History

DateEventPrice
2026-07-31Price change$592,000
2026-05-21Listed for sale$597,000
2022-05-11Sold$640,000
2022-04-13Pending sale$625,000
2022-04-07Listed for sale$625,000
2021-01-13Listing removed--
2021-01-06Price change$625,000
2020-11-19Price change$639,500
2020-08-27Listed for sale$649,999
2019-10-04Listing removed$565,000
2019-09-12Listed for sale$565,000
2017-08-25Sold$529,900
2017-08-07Listed for sale$529,900
2017-08-07Pending sale$529,900
2017-07-26Price change$529,900
2017-06-10Price change$549,900
2017-05-31Price change$564,900
2017-05-01Listed for sale$574,900
2014-03-18Sold$370,000
2014-02-09Pending sale$379,900
2014-02-02Listed for sale$379,900
2013-09-06Sold$290,000
2013-07-23Listed for sale$295,000
2002-06-17Sold$232,900

For Sale by Agent

AgentMike Kornelsen
BrokerageColdwell Banker Global Luxury Denver

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