CENTENNIAL REAL ESTATE
The City of Centennial is Colorado’s newest city and was officially recognized on February 7, 2001. It is named after the book by James Mitchner which described a fictional Colorado town. Now, it’s reality!
The city is governed by what is known mayor-council style, which limits the city’s tax levying and collection powers. It was created with the attractive idea of keeping city taxes at only 1%. This city is located in the Southern Denver Metropolitan area, and lies entirely within Arapahoe County boundaries. Centennial is adjacent to the cities and towns of Aurora, Englewood, Greenwood Village, Highlands Ranch, Littleton, Lone Tree, and Parker. This city has the fourth largest population in the Denver-Metro Area. However, many people are unfamiliar with the name Centennial, and often refer to this area with the names of the neighboring cities, such as Littleton or Englewood. Centennial encompasses roughly 28 square miles and has more than 100,000 residents. Residents seek this community because of its close proximity to downtown Denver, short commute to area business parks, and access to excellent schools.
Like many of the surrounding areas, Centennial offers its community a plenitude of both indoor and outdoor activities. The city is served by Arapahoe County Recreational District, South Suburban Parks and Recreation, and Arapahoe Parks and Recreation which provided endless opportunities for sports leagues, recreation centers, extensive network of trails, and of course a variety of exceptional golf courses. Cherry Creek Lake State Park is quite popular for recreational fishing, picnicking, swimming, and water sports.
Southglenn Mall, once one of Denver’s premier fashion malls and retail areas, is located in Centennial. Alberta Development Partners recently took on the rebuilding and restoration of the old Southglenn Mall in order to encourage new-found growth within this city. The project began in 2006, and has led to a gourmet food market, big-box bookstore, new movie theater with stadium seating, charming cafes, and unique women’s and men’s apparel. The idea was to create the type of community gathering place with a “main street” type feel that will attract destination shoppers and Centennial’s residents as a place to go not only for daily errands, but also for special occasions. Energized and filled with shaded walkways and private spaces for relaxing, The Streets at Southglenn is casually eclectic and activated with festivals, concerts, and other community events.
Centennial is also home to Centennial Airport. Centennial is one of the busiest US airports compared to others that do not have commercial carriers. This airport was constructed 30 years prior to the founding of the actual city.
There are also approximately 40,000 households in Centennial. There are many diverse neighborhoods and communities, many of which belong to Home Owners Associations or Civic Associations. Centennial offers a selection of real estate from traditional homes in more mature neighborhoods, to newer golf course communities, including more contemporary condominiums and townhouses. Since Centennial is a rather new area, its real estate really pulls from its surrounding areas. Many residents find that they can get more home for their money just because they have a Centennial mailing address. Prices in Centennial usually range from the high $100,000s and can go well over $800,000.
Cherry Creek School District and Littleton Public Schools are the two school districts that serve this community, and set some of the highest standards for public education in the Denver Area. Cherry Creek School District, has the reputation of being one of the finest school districts around, has traditionally been recognized for their excellent elementary, middle, and senior high schools. Cherry Creek High School claims a large percentage of the top test scores in Colorado each year, and successfully propels over 93% of its graduates towards a college education. In 2004, five schools in the Littleton Public School district received the National Blue Ribbon School of Excellence Award. Two schools within the system were included in Newsweek magazines list of the best schools in America. Student ACT and SAT scores within these two school systems rank well above the Colorado or National averages.
Older homes sell $200-$400K
Larger homes sell $350-700K
Newer, custom homes sell $700,000-$1.5M
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