8501 Colonial Drive, Lone Tree, CO 80124
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Property image
OFF MARKET

8501 Colonial Drive
Lone Tree, CO 80124

  • 5 Beds
  • 4.5 Baths
  • 6,497 sqft (on 0.32 acres)

$2,268,300

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $12,645/mo*

$2,268,300

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $12,645/mo*
5 Beds
4.5 Baths
6,497 sqft
(on 0.32 acres)

Local Information

  • Map ViewExplore the area around 8501 Colonial Drive.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Nestled on the 11th hole in the private community of Heritage Estates, this completely remodeled 5-bedroom, 5-bathroom property offers luxury living at its finest. Upon entering the home, you are immediately greeted with gorgeous hardwood floors that span the entirety of the main level. The expansive living areas feature an open floor plan, large windows for that amazing Colorado sunshine, elegant finishes and modern touches. The gourmet kitchen showcases state-of-the-art appliances, custom cabinetry and a large center island that opens up to the main living space. The formal dining room is perfect for hosting dinner parties or holiday celebrations and connects directly to the butler's pantry/wine bar. The grand staircase takes you to the first 4 bedrooms of the home. The primary suite is a luxurious retreat with its own fireplace, a spa-like bathroom with a designer stand-alone soaker tub, full shower wet room with body jets and dual shower heads and a fully custom walk-in closet with an island for folding clothes. The second bedroom showcases a private en suite, and the remaining two bedrooms are joined by a fantastic adjoining bathroom. The walk-out basement offers even more space, perfect for entertaining or hosting long-term guests. Enjoy movie nights in the theater room, game nights in the family room, or step just outside the doors to practice your short game on the brand new private putting green. The custom kitchen and bar area ensure that you and your guests will have easy access to food and drinks without trips upstairs! The outdoor kitchen is an entertainer's dream with a built-in grill, refrigerator and plenty of space for seating, perfect for hosting gatherings. Situated on the Lone Tree Golf Course, this home provides ample space for both relaxation and entertainment within a secure, gated community. Don’t miss the opportunity to own this exquisite property!
8501 Colonial Drive, Lone Tree, CO 80124 is a 5 bedroom, 5 bathroom, 6,497 sqft single-family home built in 1994. It last sold for $2,275,000 on Nov 19, 2024 (3% below the $2,350,000 asking price). It is currently off market. The Trulia Estimate is $2,268,300, with a rent estimate of $5,503/month.

Home Highlights

Parking
3 Car Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
$258/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 8501 Colonial Drive

Interior Features

Interior Details
Basement: Finished,Full,Walk-Out AccessNumber of Rooms: 17Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Bathroom, Dining Room, Family Room, Kitchen, Laundry, Living Room, Media RoomWet Bar
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 5Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 6497 Square Feet
Appliances & Utilities
Utilities: Cable Available, Internet Access (Wired)Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Microwave, Range, Range Hood, Refrigerator, Wine CoolerDishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 4Fireplace: Basement, Family Room, Gas, Living Room, Master BedroomHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile, Wood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Tile, Wood
View
No View

Exterior Features

Exterior Home Features
Roof: ConcretePatio / Porch: Deck, Front PorchExterior: Barbecue
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Concrete
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 4198 Square FeetFinished Area (below surface): 2069 Square Feet

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House
Building
Construction Materials: StuccoNot Attached Property
Property Information
Condition: Updated/RemodeledNot Included in Sale: Sellers' Personal Property, All Staging Items.Parcel Number: R0360461

Price & Status

Price
List Price: $2,350,000
Status Change & Dates
Off Market Date: Sun Sep 29 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Lone TreeCommunity: Heritage Estates
School Information
Elementary School: Eagle RidgeElementary School District: Douglas RE-1Jr High / Middle School: CresthillJr High / Middle School District: Douglas RE-1High School: Highlands RanchHigh School District: Douglas RE-1

Building

Building Area
Building Area: 6497 Square Feet

Community

Not Senior Community

HOA

HOA Fee Includes: Reserve Fund, Maintenance Grounds, Road MaintenanceHOA Name: Keystone Property MgmtHOA Phone: 720-617-3263Has an HOAHOA Fee: $775/Quarterly

Lot Information

Lot Area: 0.32 acres

Listing Info

Special Conditions: Standard

Offer

Contingencies: None KnownListing Terms: 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Business

Business Information
Ownership: Individual

Miscellaneous

BasementMls Number: 1611951Attribution Contact: theron@thrivedenver.com, 720-706-2444Above Grade Unfinished Area: 4198Below Grade Unfinished Area: 230Showing Service Name: Showing Time

Additional Information

HOA Amenities: Clubhouse,Gated,Park,Pool,Tennis Court(s)
Last check for updates: about 3 hours ago
Listed by Theron Johnson, (720) 706-2444
Thrive Real Estate Group
Tim Aberle, (720) 483-1080
Thrive Real Estate Group
Bought with: Eva Stadelmaier, (303) 619-4880, RE/MAX Professionals
Source: REcolorado as distributed by MLS GRID, MLS#1611951

Price History for 8501 Colonial Drive

DatePriceEventSource
11/19/2024$2,275,000Sold
REcolorado as distributed by MLS GRID #1611951
09/30/2024$2,350,000PendingREcolorado as distributed by MLS GRID #1611951
09/26/2024$2,350,000PriceChange
REcolorado as distributed by MLS GRID #1611951
09/05/2024$2,375,000PriceChange
REcolorado as distributed by MLS GRID #1611951
08/08/2024$2,400,000PriceChange
REcolorado as distributed by MLS GRID #1611951
07/25/2024$2,450,000Listed For SaleREcolorado as distributed by MLS GRID #1611951
05/17/2024$1,600,000Sold
N/A
05/09/2024$1,650,000PendingREcolorado as distributed by MLS GRID #9496729
05/02/2024$1,650,000PendingToActiveREcolorado as distributed by MLS GRID #9496729
04/25/2024$1,650,000PendingREcolorado as distributed by MLS GRID #9496729
04/09/2024$1,650,000PriceChange
REcolorado as distributed by MLS GRID #9496729
03/21/2024$1,699,000Listed For SaleREcolorado as distributed by MLS GRID #9496729
04/28/2023$1,500,000Sold
N/A
04/05/2010$985,850Sold
N/A
06/12/2009$1,299,000ListingRemovedAgent Provided
03/13/2009$1,299,000Listed For SaleAgent Provided
07/20/2005$1,070,000Sold
N/A
10/08/2004$725,000Sold
N/A
08/03/2000$845,000Sold
N/A
01/02/1997$600,000Sold
N/A
08/05/1994$625,000Sold
N/A

Market trends in Lone Tree

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
78
5
MoM
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Property Tax and Assessment

Year2025
Tax$13,113
Assessment$1,824,283
Home facts updated by county records

Comparable Sales for 8501 Colonial Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$1,780,000
11/26/25
5
5.5
6,088
0.06
Single-Family Home
$1,800,000
04/07/26
4
5
7,468
0.33
Single-Family Home
$1,951,000
12/19/25
5
4.5
6,615
0.30
Single-Family Home
$1,230,000
10/03/25
5
4.5
5,968
0.57
Single-Family Home
$1,575,000
05/22/26
6
6
6,882
0.44
Single-Family Home
$1,305,000
05/26/26
4
3.5
6,892
0.35
Single-Family Home
$1,080,000
07/15/25
6
5.5
6,900
0.67
Single-Family Home
$2,650,000
07/16/25
5
5.5
6,705
0.53
Single-Family Home
$1,170,000
04/18/26
5
3.5
4,891

Nearby homes

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What Locals Say about Lone Tree

At least 82 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 92 % Say there are sidewalks

  • 91 % Say car is needed

  • 86 % Say parking is easy

  • 82 % Say people would walk alone at night

  • 77 % Say streets are well-lit

  • 74 % Say there's holiday spirit

  • 74 % Say kids play outside

  • 70 % Say it's quiet

  • 68 % Say there's wildlife

  • 68 % Say yards are well-kept

  • 64 % Say it's walkable to restaurants

  • 60 % Say they plan to stay for at least 5 years

  • 55 % Say it's walkable to grocery stores

  • 49 % Say neighbors are friendly

  • 42 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rachel Lord
    "I use the light rail when possible. It is over an hour when commuting on the rail do the significant number of stops between Ridgegate Station and Broadway Station, with a transfer to Denver City Center."
  • margohendricks
    "Beautiful, friendly, educated. Convenient to many things. Great schools, a state of the art Rec Center and golf courses. "
  • margohendricks
    "Safe, friendly and upscale. Many have lived here for decades, also there are young families. Amazing neighborhood with its own hospital, library, recreation center, golf courses. "
  • Connor D.
    "lots of grassy open spaces, but also lots of pesticide usage. nice and open for good long walks, plenty of other dogs in the area. "
  • Kristen_johannesen
    "There isn’t many places to walk your dog if you are living in the apartments. There are plenty of parks in the residential home areas "
  • Karenbarthel
    "Easy access to 470 and 25. The metro stop to downtown is a 5 minute drive . There are many side streets that can also take you to downtown "
  • MelissaLT
    "Great amenities. Loads of restaurants, grocery stores, shopping, breweries and fitness studios/gyms. The lone tree art center, rec center and library are all close to one another and state of the art. "
  • Breezyhamm01
    "We don’t have any community events that happen here. We have craft fairs that come around the winter but that really it but I would say the winter craft fairs are fun to go to "
  • Tam.huynh
    "We have light rail systems, the Lincoln station, near lone tree to going to downtown or to the airport"
  • Alistair G.
    "5 minutes to light rail, 20 minutes to downtown. Many people in our neighborhood also work from home. We have plenty of coffee shops with WiFi in the area as well."
  • Alistair G.
    "Many families, parks and open spaces exist in Lone Tree. In some cases stores are walkable but for the most part shopping is central to the areas surrounding the intersection of Yosemite and Lincoln. The town also boasts many trails and fields for sports activities."
  • Cbrszdziunas
    "It is safe, free of crime. People are friendly. There is a great golf course and community center. And great pool!"
  • budman
    "I’ve lived here for 20 years and it has only gotten better with great shopping, community and activities.. "
  • alaydon
    "Clean, no crime, clean air, great schools, WALKABLE to stores, shops, parks, and open space. New Arts Center, new Sky Ridge Hospital, right next to light rail, I-25, Denver Tech Center and Park Meadows. The ideal location!"
  • Alaydon4
    "Clean, crime free, close to Denver, walkable to stores, shops, parks, and open space. New Arts Center, new Sky Ridge Hospital, right next to light rail, I-25, Denver Tech Center and Park Meadows. The ideal location!"
  • alaydon
    "Lone Tree, the "New Urbanism" ideal, is currently the insider's most desirable location in Colorado. First off, it's Douglas County! Wealthiest county in the state, 8th wealthiest in the country. Lone Tree is ultra central to everything and extremely walkable, nestled next to the brand new arts center, a gorgeous rec center and pools, right next to new light rail and I-25, phenomenal proximity to shops, restaurants, Park Meadows, right next to Denver Tech Center and easy access to Denver, clean, no pollution, surrounded by trails and open space but still urban, friendly, top schools, and an influx of thousands in corporate relocation from national companies like Visa and Charles Schwab. Residents of Lone Tree are going to see property values skyrocket."
  • Economy
    "Unique & well maintained city."
  • xkmmx
    "This area is highly desirable due to both macro and micro location, location, location. With excellent schools, shopping, medical needs and fast access to both I-25 and C470, it cannot be beat."

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