Four Lakes Homes with Finished Basement

Welcome to Four Lakes, a hidden gem nestled in the heart of Arapahoe County, Colorado. This charming neighborhood is renowned for its stunning natural beauty, tranquil atmosphere, and a strong sense of community. Surrounded by picturesque lakes and lush parks, Four Lakes offers residents an idyllic retreat from the hustle and bustle of city life, while still providing convenient access to all the amenities you need.

One of the standout features of homes in Four Lakes is the availability of properties with finished basements. These versatile spaces can be transformed into anything your heart desires—whether it’s a cozy family room, an entertainment hub, or even a home office. The finished basements not only enhance the living space but also add significant value to your home, making them a sought-after feature in this desirable neighborhood.

Four Lakes is perfect for families, outdoor enthusiasts, and anyone seeking a peaceful lifestyle. The area boasts well-maintained walking trails, scenic picnic spots, and recreational activities that cater to all ages. Residents can enjoy leisurely afternoons by the lakes, engage in community events, or simply relax in the serene surroundings.

With its combination of beautiful homes featuring finished basements, a welcoming community, and easy access to nature, Four Lakes is more than just a neighborhood—it's a place to call home. Explore the possibilities and discover why so many are drawn to this enchanting area in Arapahoe County. Your dream home awaits!

Newest Four Lakes Homes with Finished Basement

$475,000

3 Beds ⋅ 3 Baths ⋅ 7814086 MLS

This inviting single-family home is perfectly situated near shops, restaurants, and just minutes from E-470. The open, bright, and airy layout features a private backyard with a patio overlooking mature trees and lush grass, creating a peaceful outdoor retreat. Inside, a wall of windows fills the living room with natural light, complemented by a cozy fireplace. Upstairs, the primary bedroom and a second bedroom each include their own ensuite baths for added comfort and convenience. A third bedroom offers exceptional versatility, it’s large enough to serve as a theater room, home office, or family room depending on your needs. The home also includes an oversized two-car garage. The community offers outstanding amenities including a pool, tennis courts, trails, and a welcoming nature-filled setting, all right in the heart of Centennial, Colorado.

2077 E Phillips Place, Littleton

Courtesy of MB Metro Real Estate Group . Matt@metro-realestategroup.com,719-310-5185

$1,090,000

5 Beds ⋅ 5 Baths ⋅ 4149213 MLS

Welcome to this exceptional fully remodeled home in Centennial's highly sought-after Village of Four Lakes. Situated on an expansive 12,000+ sq. ft. lot with mountain views, this impressive 5-bedroom, 5-bath home also features a dedicated main-level office, finished walkout basement, and over 4,100 square feet of thoughtfully designed living space. Soaring vaulted ceilings, hardwood floors, plantation shutters, modern railings, abundant natural light, and a beautiful brick fireplace create an elegant yet inviting atmosphere. The open floor plan flows seamlessly into the fully remodeled gourmet kitchen featuring quartz countertops, stainless steel appliances, a large center island, and abundant cabinetry, making it ideal for everyday living and entertaining. The luxurious primary suite offers mountain views and a spa-inspired bath with a freestanding soaking tub, walk-in shower, and premium finishes. The finished walkout basement provides outstanding flexibility with two additional bedrooms, a spacious recreation room, dedicated bar room, multiple bathrooms, and a versatile flex room perfect for a gym, playroom, or second office. Multiple French doors lead to dual private decks, creating exceptional indoor-outdoor living. Recent improvements include a new roof (2026), new furnace and A/C (2026), tankless water heater (2021), new irrigation manifold (2025), most sprinkler heads replaced, fresh interior paint, and new carpet throughout, providing true move-in-ready peace of mind. Residents enjoy outstanding community amenities including a pool, tennis and pickleball courts, ballfield, walking and biking trails, Abbott Park, and an active social committee with annual events, summer BBQs, bike parades, and book club. Conveniently located near DTC, C-470, I-25, top-rated schools, shopping, dining, and golf, this exceptional home offers luxury, functionality, and the Colorado lifestyle. This is truly a must see!

1721 E Phillips Avenue, Centennial

Courtesy of 1 Percent Lists Mile High . jane@1percentlists.com,720-926-8174

$620,000

4 Beds ⋅ 4 Baths ⋅ 4369757 MLS

Welcome Home to one of the larger homes at this price range in Centennial _ 4BD | 4BA | Cathedral Ceilings-10 Ft Tall | Loft | 2-Car Garage | Finished Bmt. From the moment you step inside, soaring cathedral ceilings set the tone for the grandeur and warmth this home has to offer. Beautifully maintained kitchen, lovely breakfast nook invite you to gather with loved ones for morning coffee. With 4 spacious bedrooms and four beautifully appointed bathrooms, there is room for everyone to spread out and feel at home. One of the most charming features of this home is the cozy loft nestled among the bedrooms — Perfect nook for a bedtime story with the little ones or a quiet nightcap under the stars. It's the kind of space that makes memories. Attached 2-car garage offers convenience, security, while the thoughtfully designed layout flows effortlessly from room to room. The true gem of this home lies below — a spectacular finished bmt with soaring ceilings and an open-concept design that adapts to your lifestyle. Whether you envision a private suite for a college-bound child returning home, a comfortable in-law retreat, or a guest haven, this versatile space delivers with a kitchenette, generous living area, and a full bathroom, it offers the independence and privacy your loved ones deserve — all under one roof. Step outside and enjoy the best of Colorado living with both covered and uncovered patios. Steps away, the community pool and clubhouse offer the perfect gathering spot for summer fun, neighborhood connection, and leisure — all within easy walking distance from your front door. This property offers outstanding commuter convenience. RTD bus routes 153 and 169 serve the area, with the nearest stop at S. Tucson Way & Briarwood Ave just a 4-minute walk away. The Dry Creek Light Rail Station is also within a comfortable 25-minute walk — making this location as connected as it is peaceful. The HOA includes house's exterior maintenance, grounds, exterior paint and roof.

2161 E Phillips Lane, Centennial

Courtesy of Compass - Denver . 303-562-6508

$479,900

3 Beds ⋅ 2 Baths ⋅ 3634844 MLS

Move-in ready and mechanically sound, this home features a newer furnace and A/C, so the big-ticket systems are already handled and buyers can settle in with confidence from day one. Add in HOA-maintained exterior upkeep and you have a rare combination in University Place at Four Lakes: a detached home with a spacious private yard, without the maintenance burden. The HOA is a true value, covering exterior maintenance, paint, fencing and front yard care (including sprinkler blowout, fertilizing and trees), plus trash and recycling service and access to impressive community amenities including a clubhouse, pool, tennis courts and fitness center. Inside, this inviting 3-bedroom home offers a bright, open-concept layout ideal for both everyday living and entertaining. The sun-filled main level flows seamlessly between the living room, dining area and kitchen, with durable wood flooring adding both style and practicality. Upstairs, the spacious primary bedroom includes its own private vanity area and access to a full bath with tub/shower, and a second generously sized bedroom completes the upper level. The finished basement expands the living space with a private third bedroom plus a large utility and storage room with laundry, including washer and dryer. Additional highlights include an attached 2-car garage, large paver patio and a private backyard with a 6-foot privacy fence. Conveniently located with quick access to C-470, DTC, the Foothills, Streets at SouthGlenn, parks, restaurants and shopping, all within a highly regarded school district.

2049 E Phillips Lane, Centennial

Courtesy of RE/MAX Professionals . dchavez@coloradohousefinders.com,303-748-8009

$455,000

3 Beds ⋅ 3 Baths ⋅ 5348008 MLS

Enjoy easy living in this charming ranch-style home located in the sought-after planned community of Four Lakes. Residents enjoy access to fantastic amenities, including a community pool, tennis courts, a spacious park, and scenic walking trails. This home features three bedrooms and two full bathrooms on the main level, offering convenient single-level living. The finished basement includes a non-conforming bedroom and a small kitchenette—perfect for guests, extended living, or additional flexible space. Step outside to a large yard with plenty of room to relax, garden, or entertain. A wonderful opportunity to enjoy comfort, space, and community amenities all in one!

2359 E Nichols Place, Centennial

Courtesy of RE/MAX Professionals . jfrederick@theaspenteam.com,720-480-4803

$599,999

4 Beds ⋅ 3 Baths ⋅ 8671351 MLS

Welcome to this beautifully maintained home in highly sought-after University Place–Four Lakes community. Tucked into a quiet, low-traffic area, this home offers both tranquility & a true sense of neighborhood connection. Inside, you’ll find a light-filled, open floor plan with vaulted ceilings, creating an inviting & spacious atmosphere. With 4 beds & 3 baths, the layout is thoughtfully designed to provide comfort & flexibility. The updated kitchen is a standout feature, showcasing stunning finishes, specialty granite countertops, abundant prep space, & extensive cabinetry—perfect for everyday living & effortless entertaining. Step outside to your private backyard retreat, complete with a covered patio ideal for relaxing evenings or hosting guests. Upstairs, a bright & airy loft offers endless versatility—perfect for home office, playroom, or creative space. The primary suite provides a peaceful escape, highlighted by a beautifully remodeled bathroom. The finished basement expands your living space with a large recreation area & an additional spacious bedroom, along with option to add a bathroom for even greater functionality. Recent updates include: Windows (Primary & South Bedroom) – 2 yrs, Roof – 5 yrs. Exterior paint – 6 yrs, Carpet – 4 yrs, Hot water heater – 6 yrs, Dishwasher – 1 yr, Kitchen & primary bath remodel – 4.5 yrs, Hardwood floors & baseboards – 7 yrs, New - Garage Door, Basement bedroom ceiling, Guest bathroom tile. Enjoy the Four Lakes lifestyle with access to beautifully maintained parks, a community pool, tennis courts, and clubhouse. You’ll also love the proximity to scenic walking and biking trails, shopping, schools, grocery stores, and convenient access to C-470 for commuting. The HOA is a true value-add, covering exterior maintenance including roof, paint, fencing, snow removal, trash & recycling, front lawn care (including trees, fertilizing, & sprinkler blowout), & insurance. This home shows beautifully & offers exceptional value.

8269 S Gaylord Circle, Centennial

Courtesy of Malcolm Real Estate . hollyannmalcolm@gmail.com,303-779-7979

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