Ripe for opportunity, this corner lot ranch style home in Lakewood offers major upside. The layout is perfect for creating your own single family home, multi-generational living, rental income, or a flip. Just 1 mile to Belmar, minutes to downtown Denver, and easy access to I-70 for weekend trips to the mountains.This property has great bones and a versatile floor plan. The main floor features hardwood floors throughout, a living room with a river-rock gas fireplace and large picture window, and a formal dining room. The kitchen includes new stainless steel appliances (2021) and a gas range. The kitchen leads back to an additional 13 x 9 enclosed sunroom with new LVP flooring (not included in total square footage of home.There are two bedrooms on the main level, including a primary with a ½ bath, plus a full hall bath and cedar closet. Downstairs, the finished basement expands the potential: a third bedroom with ¾ ensuite bath, a fourth bedroom, bonus living space with a double-sided fireplace, and a second kitchen, along with another ¾ bath and laundry. With its private entrance, the lower level could be configured as a separate living space or rental unit.The fenced backyard includes a large storage shed and extra slab parking behind a gate—ideal for a camper or work vehicle. There’s also a 20x9 heated workshop behind the attached 2-car garage.Major updates completed: newer roof, gutters, siding, windows, A/C, and electrical (2018). Radon mitigation in place.