Four Lakes Homes with Finished Basement

Welcome to Four Lakes, a picturesque subdivision nestled in the heart of Centennial, Colorado, within the vibrant Arapahoe County. This charming community is a hidden gem that perfectly balances suburban tranquility with modern conveniences, making it an ideal place for families, young professionals, and retirees alike.

Four Lakes boasts a stunning array of homes, many of which feature beautifully finished basements. These versatile spaces offer endless possibilities—be it a cozy family room, a home office, or a recreational area for entertaining guests. With ample square footage and thoughtful designs, these finished basements add significant value and functionality to your living space.

The community itself is surrounded by lush landscapes and serene lakes, providing residents with a peaceful retreat from the hustle and bustle of city life. Enjoy leisurely strolls along scenic pathways or take advantage of nearby parks that offer playgrounds, picnic areas, and sports facilities. For those who appreciate the great outdoors, Four Lakes is conveniently located near several hiking trails and nature reserves, perfect for weekend adventures.

In addition to its natural beauty, Four Lakes is just a short drive away from Centennial's vibrant shopping districts, restaurants, and entertainment options. With top-rated schools and a strong sense of community, it's no wonder that Four Lakes is a sought-after destination for homebuyers.

Explore the charm of Four Lakes, where comfortable living meets a welcoming community. Your dream home with a finished basement awaits!

Newest Four Lakes Homes with Finished Basement

$1,049,999

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

$495,000

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

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 Ln, Centennial

Courtesy of Compass - Denver . 303-562-6508

$469,900

3 Beds ⋅ 2 Baths ⋅ 3634844 MLS

BACK ON THE MARKET...BUYER GOT PAYMENT SHOCK! DON’T MISS THIS OPPORTUNITY TO PURCHASE THIS HOME AT AN EXCEPTIONAL PRICE BEFORE IT IS TURNED BACK INTO A RENTAL! 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. Even better, the seller’s current homeowners insurance is only $1,321 per year.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, while 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 enclosed by 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. At this exceptional price, this is an opportunity buyers should act on now before the property is returned to the rental market.

2049 E Phillips Ln, Centennial

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

$430,000

3 Beds ⋅ 3 Baths ⋅ 5348008 MLS

**The seller has received multiple offers on this property, HIGHEST AND BEST due by 08/31/2026 01:00 PM CST** 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 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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