The Preserve

GREENWOOD VILLAGE  |  THE MITCH LAZAR TEAM

The Preserve at Greenwood Village: Homes, Prices and Life Inside

From Inside the Neighborhood

Mitch moved into The Preserve in 2010 and has raised his family here. That matters for a practical reason: the things that decide a sale in this community, which streets back to open space, which sections have the larger lots, what the covenants actually restrict and what they quietly allow, how the pool and tennis membership works, which homes were built by which builders, are not in the MLS. They are learned by living on the streets and watching what turns over.

Mitch has also served as president of The Preserve homeowners association since 2020, which means the covenant questions, assessment history and community projects that buyers ask about are questions he deals with directly rather than researches after the fact.

The other thing living here provides is timing. In a community that sees roughly twenty sales a year, most of the best homes are spoken for before a sign goes up. Neighbors mention they are thinking about a move long before they list. Being part of the community is how the team hears about it first.

Our Preserve Sales

Since April 2025 the team has represented clients in seven Preserve sales, buyers and sellers, totaling just over $23 million. The list is public record and it is the clearest way to show what we do here.

Mitch Lazar represented the buyer or the seller in each. Sold prices and dates as recorded in REcolorado MLS. See the full sold record.

Living in The Preserve

The Preserve was planned around the land rather than over it. Set amidst 55 acres of pristine wetlands and open space along Greenwood Gulch, including the Marjorie Perry Nature Preserve, the neighborhood serves as a peaceful retreat while keeping the Denver Tech Center minutes away. Many homes back to protected green rather than to another house, and the deer and red-tailed hawks are permanent residents. The effect is a place that feels rural at the edges while sitting in the middle of the south corridor.

Living here embraces an active outdoor lifestyle. Residents enjoy exclusive access to a Jr. Olympic sized pool, private tennis courts, a pavilion for community gatherings, and playgrounds, plus trails that wind through the neighborhood’s scenic open spaces and connect directly to the High Line Canal, the 71 mile trail that threads through the south corridor. Cherry Creek School District serves the community, which is a significant part of why families move here and stay. Downtown Denver is just a 30 minute drive away, and the majestic Rocky Mountains can be reached in about 90 minutes, making this community a perfect balance of tranquility and convenience. Greenwood Village’s upscale shopping, dining and Cherry Creek State Park sit just outside the neighborhood.

The Homes

Nearly every home in The Preserve is a custom-built estate on an expansive lot, most dating from the 1990s through the 2010s and typically 5,000 to 8,000 square feet. The architecture is remarkably varied, with lush landscaping, mountain views from many lots, high-end finishes and outdoor living spaces built for entertaining. Because there is no production housing, no two sales are alike, and comparable analysis here rewards someone who has walked the streets rather than pulled a report. Recent years have brought a wave of full renovations as original owners modernize rather than move, which has steadily raised the ceiling on finished quality. The community was developed by Koelbel and Company, the Denver developer that guided The Preserve for more than three decades, with individual homes designed and built by many of the metro’s leading custom builders, which is why no two streets read alike.

Why Inventory Stays Scarce

The Preserve is finite and fully built out: Koelbel’s final custom homesites sold out in 2024, so no new lots are coming and every future sale here is a resale. Owners tend to stay a long time. That combination keeps active listings low in almost every market, and it is why well-prepared homes here often go under contract quickly even when the wider metro slows. In our experience the constraint on this market is supply rather than demand.

The Preserve Market Snapshot

Data: REcolorado MLS and DMAR Market Trends. Updated alongside our Denver Luxury Market Report.

Frequently Asked Questions

Does Mitch Lazar live in The Preserve at Greenwood Village?

Yes. Mitch Lazar has lived in The Preserve at Greenwood Village since 2010 and works the neighborhood as a resident, not only as an agent. He is a Broker Associate with The Mitch Lazar Team at Compass.

Has Mitch Lazar sold homes in The Preserve?

Yes. Since April 2025 Mitch Lazar has represented buyers and sellers in seven Preserve at Greenwood Village sales, including 4090 Preserve Parkway at $5,000,000, 5691 S Elm Street at $3,700,000 and 5345 Preserve Parkway N at $3,575,000, per REcolorado MLS.

Is Mitch Lazar involved with The Preserve homeowners association?

Yes. Mitch Lazar has served as president of The Preserve at Greenwood Village homeowners association since 2020, in addition to living in the community since 2010 and representing buyers and sellers there.

Where is The Preserve at Greenwood Village?

The Preserve is located in Greenwood Village, Colorado, in Denver’s south corridor, just west of the Denver Tech Center and adjacent to the High Line Canal trail.

How much do homes in The Preserve cost?

The Preserve’s median sale was about $3.1 million over the last 12 months per REcolorado, across 20 closings. Nearly all are custom builds of roughly 5,000 to 8,000 square feet on lots of half an acre or more.

What amenities does The Preserve offer?

Residents have access to a Jr. Olympic sized pool, private tennis courts, a community pavilion and playgrounds, along with 55 acres of protected wetlands and open space and direct access to the High Line Canal trail.

What school district serves The Preserve?

The Preserve is served by Cherry Creek School District, consistently one of the highest performing districts in Colorado.

Who developed The Preserve at Greenwood Village?

The Preserve was developed by Koelbel and Company, which guided the community for more than three decades. Homes are individual custom builds, and Koelbel’s final homesites sold out in 2024, making the community fully built out.

Why are there so few homes for sale in The Preserve?

The Preserve is a finite, largely built-out community and owners tend to stay for many years. Low turnover combined with steady demand keeps active inventory unusually scarce, which is why well-prepared homes often go under contract quickly.

Explore Nearby

The gated Bateleur enclave sits inside The Preserve. Elsewhere in Greenwood Village, compare Greenwood Hills, The Orchard and Sundance Hills. Buyers weighing large-lot luxury also look at Cherry Hills Village next door, including gated Glenmoor, or at Castle Pines Village if a fully gated golf community appeals.