Four Lakes Homes with Finished Basement

Welcome to Four Lakes, a charming subdivision nestled in the heart of Centennial, Colorado, within Arapahoe County. This picturesque community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, retirees, and everyone in between.

Four Lakes is renowned for its beautiful homes, many of which feature finished basements, providing ample space for entertainment, home offices, or guest accommodations. These versatile basements enhance the living experience, allowing residents to customize their homes to fit their unique lifestyles. Imagine hosting movie nights, creating a personal gym, or setting up a cozy guest suite—all made possible by the generous square footage that finished basements offer.

The subdivision is surrounded by stunning natural beauty, with several lakes and parks nearby, perfect for leisurely strolls, picnics, or outdoor activities. Residents enjoy easy access to a variety of amenities, including shopping centers, restaurants, and recreational facilities. The community is also well-connected to major highways, making commutes to Denver and surrounding areas a breeze.

In Four Lakes, you'll find a welcoming atmosphere that fosters a sense of community. Neighbors become friends, and families come together to create lasting memories. Whether you’re looking for a place to settle down or a vibrant neighborhood to raise your children, Four Lakes offers a warm and inviting environment that you’ll be proud to call home. Discover the charm of Four Lakes and experience the perfect blend of comfort and convenience in this delightful Centennial community!

Newest Four Lakes Homes with Finished Basement

$999,999

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 Ave, Centennial

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

$480,000

3 Beds ⋅ 4 Baths ⋅ 4746538 MLS

Great location. This fabulous 2-story features 3 bedrooms (2 up/1 conforming basement), 3.5 baths, living room, kitchen, breakfast nook, finished basement and two car easy access attached garage. Each bedroom boasts an en-suite bathroom. A 2-story ceiling in the living room allows the natural outdoor lighting to cascade into the open floor plan. Snuggle by the fireplace on wintry evenings. The living area connects effortlessly to the dining and kitchen with granite counters, pantry and stainless appliances. The primary bedroom is a private retreat with two closets. Top-down bottom-up shades. The upper level includes a secondary bedroom with full bath. The finished bedroom basement is perfect for guests or an older child wanting their own space. A fenced private back yard for pets, entertaining, relaxing and/or gardening. Beautifully landscaped with shade trees and power awning over the large deck. Hardwood floors on the main level, tile in the bathrooms and carpeted bedrooms. Easy living in this sought-after planned community of Four Lakes. Walk to fantastic amenities including open space with scenic walking trails and spacious park, community pool, tennis courts, and club house. Dining, shopping, entertainment all close by. Easy access to 470. New roof/ furnace/ac 2026. New exterior paint 2025.

2080 E Phillips Ln, Centennial

Courtesy of Woodson Realty . 303-697-1767

$599,000

4 Beds ⋅ 4 Baths ⋅ 4369757 MLS

Space You Can Afford: 2,774 SqFt at $216 per SqFt. Larger than most neighboring homes, and priced below them per sqft! 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 beds and 4 beautifully appointed baths, there is room for everyone. One of the most charming features of this home is the cozy loft nestled among the beds — 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 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 bath, 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-mts 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 Ln, Centennial

Courtesy of Compass - Denver . 303-562-6508

$469,900

3 Beds ⋅ 2 Baths ⋅ 3634844 MLS

BACK ON THE MARKET AFTER THE PREVIOUS BUYER’S FINANCING CHANGED! An exceptional opportunity to own a detached home in University Place at Four Lakes with a private backyard, attached 2-car garage and many exterior maintenance responsibilities handled by the HOA. The bright main level features soaring ceilings, abundant natural light, hardwood flooring, and a wood-burning fireplace. The kitchen offers Corian countertops, generous cabinetry, and easy access to the dedicated dining area, creating a comfortable layout for everyday living and entertaining. Upstairs are two spacious bedrooms, including a primary bedroom with vaulted ceiling, bay window overlooking the backyard, private vanity area, and access to the full bath. The finished basement adds valuable flexibility with a private third bedroom that also works beautifully as a home office, guest retreat, or hobby space, plus a large laundry and storage room. Outside, enjoy a private backyard enclosed by a 6-foot privacy fence and a large paver patio for relaxing or entertaining. Major mechanical improvements are already completed with a newer furnace and A/C. The HOA adds meaningful value by covering exterior maintenance, exterior paint, fencing, front-yard care including sprinkler blowout, fertilization, and trees, plus trash and recycling. Residents also enjoy a clubhouse, pool, tennis courts, and fitness center. Conveniently located near C-470, DTC, the Foothills, Streets at SouthGlenn, parks, restaurants, and shopping. For buyers seeking a detached home with private outdoor space, community amenities, and reduced exterior-maintenance responsibilities, this is a compelling alternative to condo or townhome living.

2049 E Phillips Ln, Centennial

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

$411,000

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 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 Pl, Centennial

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

$669,000

4 Beds ⋅ 4 Baths ⋅ 7566865 MLS

The pride of University Place! This beautifully updated and lovingly maintained home features professionally built upgrades that are one of a kind in this development. Upgrades such as a modern and spacious second floor laundry room, a huge primary walk in closet with custom cabinetry, a full basement bathroom, and an expansive yard with high end pavestone hardscaping, composite deck and an included imported fountain. The home has undergone extensive remodeling with no space untouched; the basement was finished less than 2 years ago along with the addition of the laundry room and master closet, acacia floors and new baseboards extend throughout the main level and upstairs bedrooms, the elegant master bathroom shines with a timeless white on white finish, nearly every surface has fresh paint and the kitchen area upgrades including raised ceilings, custom lighting and updated cabinetry. The list goes on and on. Enjoy low maintenance living; your University Place HOA covers roofing, siding, driveways, paint and front yard landscaping! A smart hub multi-zone sprinkler system with extensive drip irrigation is perfect for the hobby gardener, while the Moen FLO main water valve provides peace of mind. A modern furnace, central A/C and water heater means that this turn-key home will bring you years of worry free living. The neighborhood is warm and inviting with lovely neighbors, manicured parks, freshly resurfaced tennis courts and an exquisite community pool. All in all, the value is unbeatable and whether you're a young family, retired couple or anywhere in between, this home is a must see gem and unlike anything in the price range!

2191 E Phillips Ln, Centennial

Courtesy of Chick Realty Company . 303-550-4488

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