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Prospect New Town

Prospect New Town

Neighborhood in Longmont, Colorado

Boulder County 80504

$1,054,717 Average Value
$388 Average Price per Sq Ft
8 Homes For Sale

Longmont’s well-known urban development community

Prospect New Town, often called just “Prospect” by locals, is an established neighborhood sitting on the southern outskirts of Longmont and has its own town center among narrow streets with modern housing options. What was once the site of an 80-acre tree farm has since turned into an eclectic urban development with unique single-family homes, multi-use properties and retail options. “When they started building Prospect, there was nothing like it around, and it became very popular,” says Real estate associate Whitney Barnett with Re/Max Elevate, who has about five years of experience. “It’s an urban community that creates its own small pocket away from the city. You can get what you need to get done all within the same area you live in.”

Eclectic single-family homes and multi-use properties

Most homes in Prospect New Town follow a non-traditional design that includes brightly colored exteriors. “The architecture is all over the place because they’re allowed to be bold; nothing is cookie-cutter,” Barnett says. Contemporary Craftsman homes with front gables and stone wall accents are a common sight, alongside modern multi-level homes with industrial-style architecture. These houses were built between the early 2000s and 2010s, span 2,500 to 4,200 square feet and cost $1 million to $1.5 million. Modern farmhouses are another popular housing style, with front porches and pointed roofs. These homes span 3,400 to 4,500 square feet and are priced around $1.2 million to $1.7 million. Additionally, several homes in the neighborhood come with carriage houses and a courtyard. Mixed among single-family homes are attached townhouses from the 2000s with contemporary designs. Prices range between $675,000 and $1 million. There are also a handful of modern condos and lofts atop multi-use buildings that go for $450,000 to $750,000.

Prospect New Town houses were built between the early 2000s and 2010s.
Prospect New Town houses were built between the early 2000s and 2010s.
At Prospect New Town you can see modern multi-level homes with industrial-style architecture.
At Prospect New Town you can see modern multi-level homes with industrial-style architecture.
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Prospect’s prosperous town center

Prospect’s town center is a hub for activity thanks to mixed-use spaces that provide local retail and restaurant options for the neighborhood. “It’s kind of an all-encompassing spot. People can walk to get a drink or get their hair done at a salon,” Barnett says. Cavegirl Coffeehouse serves organic beverages made from clean ingredients, while Babettes bakery makes freshly baked bread. Carciofi is a traditional Italian restaurant that handmakes its pasta daily. There’s also Pine Pizzeria, for wood-fired pies, and Laguna Mexican Restaurant. Prospect also has multiple wellness businesses in the neighborhood, including Aspen Chiropractic. For more options outside the neighborhood, traveling directly north on South Main Street leads to a commercial corridor at the intersection of Ken Pratt Boulevard. National retailers in the area include Lowes, Marshalls, Dick's Sporting Goods and Best Buy, among others. There are also a handful of chain restaurants like Panera Bread and Chipotle. Safeway is the closest grocery store option.

Visit Cavegirl Coffeehouse at Prospect New Town for fresh coffee.
Visit Cavegirl Coffeehouse at Prospect New Town for fresh coffee.
At Prospect New Town you can find many wellness businesses.
At Prospect New Town you can find many wellness businesses.
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Weekly and yearly community events

Prospect encourages a close, self-sufficient community by hosting several weekly and annual events throughout the year. In the summer months, there is yoga in the park on Saturday mornings and food trucks on Tuesdays. Porchella is a community favorite, where neighbors take turns hosting musicians to perform on their porches. There’s also a summer garden party, a chili cook-off in the fall and a 5k race for Thanksgiving.

Pocket parks for a pocket neighborhood

While Prospect New Town is an urban residential area, there are a handful of green spaces nearby. Coffman Children’s Park is a pocket park in the neighborhood that has a playground area with slides and picnic tables. Less than a mile west is Left Hand Creek Park. The waterfront park has multi-use fields, a roller hockey rink, basketball and volleyball courts. Kanemoto Park is a mile north of Prospect and is known for its Tower of Compassion, a traditional Japanese pagoda structure. The green space has a seasonal outdoor pool, a playground and paved walking trails.

Coffman Children’s Park has a playground area with slides and picnic tables.
Coffman Children’s Park has a playground area with slides and picnic tables.
Prospect New Town has covered picnic area at the park.
Prospect New Town has covered picnic area at the park.
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Getting educated in the Saint Vrain Valley

Families living in Prospect can send their kids to schools within the Saint Vrain Valley Schools district, which offers school choice. Burlington Elementary School earns a B from Niche and Sunset Middle School receives a B-minus grade. Burlington focuses on STEM learning and has a dedicated outdoor classroom. Sunset offers the International Baccalaureate (IB) Middle Years Programme. Niwot High School maintains an A grade and, according to Niche, is the No. 1 best magnet high school in Colorado. The school offers an IB Diploma Programme and has a nationally recognized performing arts program.

Niwot High School boasts an A Niche grade.
Niwot High School boasts an A Niche grade.
Indian Peaks Elementary School is a Public Pre-K & Elementary School in Southmoor, Longmont CO.
Indian Peaks Elementary School is a Public Pre-K & Elementary School in Southmoor, Longmont CO.
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Traveling in and around Prospect

Prospect’s winding streets and sidewalks lend to the area’s bike-friendly and pedestrian-friendly atmosphere. “People are drawn to the neighborhood for its walkability. Sometimes people don’t want to touch their car, and you can get that in the city, but sometimes you don’t want to be in a main hub like that,” Barnett says. When it comes to commuting, there are Regional Transportation District (RTD) bus stops along Pike Road. Drivers can access US Route 287, known as South Main Street, on the eastern edge of the neighborhood. Heading north, around 2 miles, will lead to downtown Longmont.

Brittany Bell
Written By
Brittany Bell
Galina Valean
Photography Contributed By
Galina Valean
Zoe Sarris
Video By
Zoe Sarris

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Shawna Blair, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Denver International

51 min drive

Bus

Us 287 & Pike Rd

Bus

Pike Rd & Kristy Ct

Crime and Safety

1 - Low Crime, 10 - High Crime Prospect New Town US
Homicide 3 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$899,950
Median Single Family Price
$1,249,975
Median Townhouse Price
$999,500
Median 2 Bedroom Price
$518,000
Median 1 Bedroom Price
$369,000
Average Price Per Sq Ft
$388
Number of Homes for Sale
8
Last 12 months Home Sales
53
Months of Supply
1.80
Median List Price
$899,950
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
26%

Home Facts

Number of Homes in Neighborhood
319
Median Year Built
2003
Avg. Single Family Home Size Sq Ft
3,143
Significantly above the national average
1,935
Average Townhouse Size Sq Ft
2,216
Average 2 Bedroom Size Sq Ft
1,373
Average 1 Bedroom Size Sq Ft
935
Median Lot Size Sq Ft
4,791

Open Houses

  • Sunday, Apr 27
    12 - 2pm

    906 Confidence Dr, Longmont, CO 80504

    $1,750,000

    • 6 Beds
    • 5.5 Baths
    • 4,353 Sq Ft
    • 906 Confidence Dr

    Elegant, move in ready home on a corner lot with a fantastic floor plan, tons of light and a large wrap around porch. This 5 bedroom 4.5 bath home boasts maple & hickory hardwood floors throughout, a large mudroom & main floor home office.. The kitchen w/ granite countertops, SS appliances, a pantry with plenty of storage & a large island opens to a low-maintenance backyard complete with a built

    Lee Hart Lee Hart

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  • Sunday, Apr 27
    2 - 4pm

    801 Confidence Dr Unit 2, Longmont, CO 80504

    $369,000

    • 1 Bed
    • 1 Bath
    • 538 Sq Ft
    • 801 Confidence Dr
    • Unit 2

    Chic, charming, contemporary condo, in vibrant Prospect Newtown. Ground-floor entry through a private patio opens to serene, landscaped courtyard with mature trees. Freshly painted, with a brand new stove & newer stainless steel appliances. Features include an open floor plan, high ceilings, abundant natural light, concrete countertops, mini-split for cooling + an in-unit washer/dryer. Assigned

    Anna Gayer RE/MAX Alliance-Boulder

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Shawna Blair, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
611
Median Age
49
Population under 18
18.7%
Below the national average
23.8%
Population over 65
20.3%
On par with the national average
19.1%

Finances

Median Household Income
$101,389
Significantly above the national average
$71,702
Average Household Income
$118,971

Education and Workforce

High School Graduates
97.3%
College Graduates
69.9%
Significantly above the national average
34.1%
Advanced Degrees
29.2%
% Population in Labor Force
82.1%
Above the national average
65.1%

Weather

Annual Precipitation
15''
Average Winter Low Temperature
14°F
Average Summer High Temperature
90°F
Annual Snowfall
55''

Area Factors

Bikeable

Bike Score®

60 / 100

Somewhat Walkable

Walk Score®

55 / 100

Some Transit

Transit Score®

28 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Prospect New Town
Shawna Blair
The Colorado RE Group LLC
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