Summer Valley Homes under $500,000

Welcome to Summer Valley, a charming subdivision nestled in the heart of Aurora, Colorado, within Arapahoe County. This vibrant community offers an inviting blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

Summer Valley is known for its picturesque streets lined with beautiful homes, many of which are available for under $500,000. Whether you’re a first-time homebuyer looking to settle down or an investor seeking a promising opportunity, this neighborhood offers a variety of options to fit your budget and lifestyle. The homes in Summer Valley often feature modern designs, spacious layouts, and well-maintained yards, creating a warm and welcoming atmosphere.

Residents of Summer Valley enjoy easy access to a plethora of amenities, including parks, schools, and shopping centers. The nearby Cherry Creek State Park provides endless opportunities for outdoor recreation, from hiking and biking to picnicking and birdwatching. Families will appreciate the quality educational institutions in the area, ensuring that children receive a top-notch education.

With its prime location, Summer Valley is just a short drive from downtown Denver, allowing residents to enjoy the vibrant city life while retreating to the peacefulness of suburban living. The community fosters a friendly atmosphere, making it easy to connect with neighbors and build lasting relationships.

If you're seeking an affordable home in a thriving community, look no further than Summer Valley. Come explore the possibilities and discover your dream home in this delightful Aurora neighborhood!

Newest Summer Valley Homes under $500,000

$449,900

3 Beds ⋅ 2 Baths ⋅ 8714930 MLS ⋅ ACTIVE Status

Welcome home! This fully renovated home is move-in ready with fresh paint and new flooring and carpet throughout. The bathrooms have also been updated with new tile and fixtures, giving the home a fresh, updated feel. The home backs to a greenbelt, offering a nice sense of privacy and a pleasant outdoor setting. Located in a great neighborhood within the Cherry Creek School District, it is also close to schools, parks, trails, shopping, and dining. If you are looking for a home where you can move in and start enjoying it right away, this one is worth a look!

4918 S Sedalia Way, Aurora

$429,999

3 Beds ⋅ 2 Baths ⋅ 5452663 MLS ⋅ ACTIVE Status

Welcome to 3927 S Pitkin Way! This clean, inviting home features a new roof, fresh interior and exterior paint, and laminate flooring throughout for a cohesive look and easy maintenance. Step outside to enjoy the backyard deck-perfect for morning coffee, outdoor dining, or weekend gatherings. The spacious backyard offers plenty of room for gardening, recreation, and creating your own outdoor retreat. Enjoy the convenience of nearby shopping, grocery stores, and restaurants, along with neighborhood recreation at Summer Valley Park. Cherry Creek State Park offers additional opportunities for outdoor adventures, while access to major roadways makes getting around the metro area convenient. A wonderful combination of fresh updates, generous outdoor space, and everyday convenience!

3927 S Pitkin Way, Aurora

$475,000

3 Beds ⋅ 3 Baths ⋅ 1588177 MLS ⋅ ACTIVE Status

HUGE LOT IN CUL-DE-SAC . Homes like this don't come on the market very often. RANCH SINGLE FAMILY HOME ON HUGE LOT WITH LOTS OF TREES. While there are 2 conforming bedrooms upstairs, the dedicated office by adding a closet and an additional area in the fully finished basement could be utilized as a 3rd or 4th bedroom as well. With a little imagination and some sweat equity, this home is priced to sell. BRAND NEW FURNACE AND A/C installed in 2026. From the moment you open the front door, there's an office to your right, a flex area to your left, & the living room with gas fireplace straight ahead. Bedrooms are tucked away with lots of natural light. Primary bedroom has private bath. Now is your opportunity to make this home yours! NO HOA HUGE LOT

18218 E Nassau Dr, Aurora

$349,700

2 Beds ⋅ 1 Baths ⋅ 1826890 MLS ⋅ ACTIVE Status

Welcome home! Updated 3 bedroom (2 bedroom plus bonus room) home. New paint inside and out. New kitchen cabinets and countertops. New bathroom vanity, tub, surround, faucets. New roof. New light fixtures. Newer LVT plank flooring and new carpet. Open light-filled floorplan with vaulted ceilings. Attached garage. Located in desirable Cherry Creek school district with easy access to parks, schools, entertainment and shopping. Private backyard with 6 foot privacy fence. Home is in excellent condition with lots of updates. Great value and priced to sell! Showings to begin Saturday 10/9 at 4pm

4524 S Pagosa Cir, Aurora

$484,500

4 Beds ⋅ 3 Baths ⋅ 5799254 MLS ⋅ ACTIVE Status

INVESTOR OPPORTUNITY: Tenant-occupied through April 11, 2027; buyer must honor the existing lease. With approximately 2,111 square feet, this 4-bedroom, 3-bath home offers a versatile layout across three levels. A main-floor primary bedroom provides convenient main-level living. Upstairs, two additional bedrooms share a full bath. The finished basement expands the options with a fourth bedroom, full bath, and separate living area. Out back, a large yard backs to open space and a walking trail, with no neighbors directly behind-an appealing setting to enjoy Colorado's outdoors. Neighborhood parks and trails, shopping, dining, and E-470 access are nearby, with Southlands a convenient destination. Well-sized, flexible, and already leased, this is an opportunity to add a tenant-occupied home with multiple living areas to your investment portfolio.

17998 E Bellewood Dr, Aurora

$350,000

2 Beds ⋅ 1 Baths ⋅ 5446703 MLS ⋅ ACTIVE Status

This small Tri-level home has been a rental home for many years. The owner has gone through the home and made much needed repairs and updates by replacing items including the heating system (new Mini-Split system) / air conditioning, all kitchen appliances, flooring throughout the home, interior paint, carpet, roof, bathroom fixtures and a newly poured concrete driveway. The large, rear deck is completely replaced and includes a new privacy fence. This home is excellent for the first time home or for an investor looking to increase their portfolio. Located close to multiple retail shops, this home is also serviced by the Cherry Creek School District. There is no HOA, the home is situated in a quiet, interior location and mature trees are abundant in Summer Valley.

4692 S Pagosa Cir, Aurora

$475,000

3 Beds ⋅ 2 Baths ⋅ 3190804 MLS ⋅ ACTIVE Status

Updated Summer Valley Home with NO HOA! Welcome to this inviting 3-bedroom, 2-bath home in Summer Valley, featuring a large backyard, finished basement, extensive updates, and NO HOA! Step inside to a bright, comfortable home with fresh interior paint, new carpet and vinyl flooring (2026), and new interior doors. The living room features a cozy wood-burning fireplace, while ceiling fans throughout add everyday comfort. The functional kitchen offers a center island, and the upstairs Jack & Jill bathroom features a new quartz countertop. The finished basement provides valuable flexible space for a home office, playroom, workout area, or additional family room. Outdoor living is a highlight with a large backyard, concrete patio, and pergola-perfect for entertaining, kids, pets, or relaxing outdoors. The west-facing home provides welcome afternoon shade in the backyard during the summer. Additional improvements include exterior paint completed in 2022 and a new roof in 2023. Other features include a radon mitigation system, video doorbell, exterior security cameras, and a smoke-free interior. Located very close to the elementary school and neighborhood park and within the Cherry Creek School District, feeding into Grandview High School. Enjoy nearby Quincy Reservoir, with Cherry Creek State Park and Aurora Reservoir just a short drive away. Conveniently located for access to the Denver Tech Center, Southlands, shopping, dining, and major roadways, while still enjoying an established neighborhood with friendly neighbors. With NO HOA, a new roof, numerous 2026 updates, finished basement, and a fantastic backyard, this Summer Valley home offers space, flexibility, and a location that's hard to beat. Schedule your private showing today!

5016 S Ventura St, Aurora

$380,000

2 Beds ⋅ 2 Baths ⋅ 4364082 MLS ⋅ ACTIVE Status

Welcome Home to your perfect single family home in Summer Valley! Modern Updates throughout this 2 bedroom 2 bath home situated on a nice corner lot with a spacious fully fenced backyard! Bright and open kitchen features stone countertops, Pantry, and durable tile floors. Enjoy lots of natural sunlight in the breakfast nook or dining area by the patio doors to the backyard, which also conveniently connects to your 1 car attached garage through the mudroom breezeway. Head upstairs the main and secondary bedroom which both feature large windows and nice wood pergo flooring. Full Bathroom and Laundry closet upstairs also - Washer and Dryer included! Nice large backyard to make your own with gardening shed and No HOA fees. Located in Cherry Creek School District!

4507 S Pagosa Way, Aurora

$415,000

2 Beds ⋅ 2 Baths ⋅ 8237469 MLS ⋅ ACTIVE Status

Price Improvement! Move in Ready,Prime Corner Lot in Desirable, Well established neighborhood of Summer Valley. No HOA! Cherry Creek Schools, Grandview HS. Private fenced backyard, with large covered patio( 23' X10') perfect for entertaining,kids, dogs, family and friends!The property is planted with perennials galore & large mature trees. This Open floor plan Trilevel boasts Luxury Vinyl Planking and Tile flooring through out the house that is beautiful, but also easy maintenance. Living room & Dining area has a wood burning stove that makes for cozy winter nights. Kitchen includes all appliances, Tile counter and decorative glass cabinets. Primary bedroom and 2nd bedroom both have spacious walk in closets. An updated full bath rounds out the 2nd floor. On the lower level, there is Spacious family room, Laundry area (Washer and Dryer included), updated 3/4 bath, and a Bonus room could be an Office or Non Conforming Bedroom, currently used as a storage area. Attached one car garage and a bonus parking area in the side yard! Newer roof, exterior paint and hot water heater. This is a must see home at this price point!

4851 S Quintero Cir, Aurora

$400,000

3 Beds ⋅ 2 Baths ⋅ 6339194 MLS ⋅ ACTIVE Status

Opportunity for OWNER CARRY FINANCING or FREE one-year temporary mortgage rate buydown available on eligible Conventional, FHA, and VA purchase loans through a participating lender's promotion! The temporary buydown cost is covered at no charge to the buyer, with no seller contribution required. Interest rate must be locked by October 30, 2026. The incentive reduces the buyer's first-year principal and interest payment; the full payment at the loan's note rate begins in year two. Contact the listing agent for details. Welcome home to this bright and airy sanctuary nestled in a quiet cul-de-sac within the highly regarded Cherry Creek School District. From the moment you step inside, the soaring vaulted ceilings create an immediate sense of space and light, making the home feel open and incredibly inviting. The thoughtful layout is designed for effortless living. The main level features a comfortable living area that flows into the kitchen and breakfast nook, with seamless access to the attached garage-perfect for bringing in groceries or managing hobbies. Upstairs, you'll find two spacious bedrooms and a full bath, while the lower level offers a third bedroom, an additional full bath, and a dedicated office space that's ideal for remote work or a quiet retreat. One of the standout features of this property is the expansive, private lot. Because this home is located in a community with no HOA, you have the rare freedom to utilize the massive yard to its full potential, including dedicated storage for your RV or boat. The outdoor spaces are truly special, featuring landscaping with a beautiful rock retaining wall that enhance the grounds. Whether you're sipping morning coffee on the charming front porch or hosting a summer BBQ on the back deck, the outdoor possibilities here are endless. With central air conditioning to keep things cool all summer long, this home offers the perfect blend of comfort, freedom, and potential.

3861 S Truckee Way, Aurora

$390,000

2 Beds ⋅ 1 Baths ⋅ 2263038 MLS ⋅ ACTIVE Status

Welcome to this charming tri-level home where thoughtful updates, comfortable living, and an effortless Colorado lifestyle come together. Located within the highly regarded Cherry Creek School District, this inviting 2-bedroom, 1-bath home is beautifully updated, energy-conscious, and ready to enjoy. Inside, fresh interior paint, new bedroom carpet, and updated flooring create a clean, modern feel. The kitchen features granite countertops and brand-new appliances (2026) and opens directly to the patio for easy indoor-outdoor living. Beyond the patio is one of the home's best features: a beautifully landscaped backyard designed to be enjoyed. Updated landscaping (2024) and irrigation improvements (2025) provide space for entertaining, pets, gardening, or relaxing around the firepit beneath the Colorado sky. Thoughtful energy-saving features add everyday comfort. Solar panels installed in 2024 help keep electricity costs exceptionally low, while the naturally cool lower-level family room offers a comfortable retreat during warmer months. A whole-house fan draws in cool evening air while exhausting warm air through the attic, helping reduce reliance on air conditioning. Additional improvements include crawl-space insulation (2024), vinyl plank flooring in the lower-level family room (2025), new bedroom carpet (2026), new kitchen appliances (2026), and furnace and A/C service (2026). The location completes the package, with school bus stops just a few blocks away and convenient access to shopping, fitness centers, and Quincy Reservoir, all while enjoying a quiet residential setting. Thoughtfully designed, extensively updated, and filled with features that make everyday living easier, this home is an exceptional opportunity for a first-time buyer, downsizer, or anyone looking to simplify without sacrificing comfort. Come see how much life can fit into a home designed with intention.

4627 S Pagosa Way, Aurora

$409,900

3 Beds ⋅ 2 Baths ⋅ 7974742 MLS ⋅ ACTIVE Status

Welcome to this charming 3-bedroom, 2-bath home in Aurora's Summer Valley neighborhood! The inviting main level offers a comfortable living room that flows into the dining area and kitchen, creating a functional space for everyday living and entertaining. The kitchen features ample cabinetry, generous counter space, and convenient access to the backyard. A primary bedroom on the main level, along with a half bath, adds flexibility and convenience. Upstairs, you'll find two additional bedrooms, a full bathroom, and a conveniently located laundry area. Step outside to the fully fenced backyard and enjoy a large covered patio, providing a great space for outdoor dining, entertaining, or simply relaxing and enjoying Colorado's beautiful weather. The backyard also offers additional outdoor space ready for your personal touches and a storage shed. All of the kitchen appliances including the washer and dryer stay. Additional features include central air conditioning, double-pane windows, three off-street parking spaces, and no HOA. Located within the Cherry Creek School District and within walking distance of Quincy Reservoir, this home offers convenient access to outdoor recreation, shopping, dining, and everyday amenities. A wonderful opportunity to make this home your own-schedule your showing today!

4502 S Pagosa Cir, Aurora

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Summer Valley Homes under $500,000

Newest Summer Valley Homes under $500,000

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