Preston Hills

By Jessica Carcoana · Updated September 2026

Preston Hills is a 140-home Richmond American subdivision from 1997 to 2002, straddling East Hilltop Road between the Salisbury park complex and Iron Horse Elementary. Two-story and three-story plans carry 1,800 to 2,800 square feet above grade and 2,000 to 4,000 finished, nearly all over basements with a few walkouts, on lots from 6,500 square feet to a quarter acre with two- and three-car garages. The association handles common grounds and trash. Iron Horse Elementary and the adjoining 9-acre Iron Horse Park, with three ballfields and the Tallman Gulch Trail along its edge, are a quarter mile east on Tallman Drive, and Salisbury Regional Park with its Cherry Creek Trail link is under a mile west. Mainstreet and Parker Road are about a mile north.

At a glance

Price Range
$350K$1.6M
$650K–$850K
More accessible end of Parker
Era Built
1997–2002
19002026
Early 21st Century
Richmond American Homes
Community Anchors
  • Parker Mainstreet -- walkable downtown with restaurants, shops, events
  • PACE Center (Parker Arts, Culture & Events Center)
  • Parker Recreation Center
  • Cherry Creek State Park (north)
  • Rueter-Hess Reservoir (south -- boating, fishing, trails)
  • Cherry Creek Trail (runs through multiple neighborhoods)
  • Salisbury Equestrian Park
  • Black Bear Golf Course
  • Pinery Country Club (27-hole, private)
  • Colorado Golf Club (private, US Open qualifying venue)
  • Club at Pradera (private golf)
  • Douglas County Libraries -- Parker Branch
  • Parker Adventist Hospital (UCHealth network)
  • Parker Days festival (June -- town's biggest annual event)
  • Parker Farmers Market (Sunday, summer)
Considering Preston Hills?

Schedule a call with Jessica to discuss the Parker market and homes in Preston Hills.

Book a Meeting
Jessica Carcoana, Licensed Realtor and Mortgage Loan Advisor

Where it sits

Inside Parker. Approximate area, to be confirmed.

Typical Lot6,000 sqft-0.20 acres
Est. HOAVaries
Home TypesSingle-family
AmenitiesNeighborhood parks, Walking trails, Proximity to schools
Quick answers

Questions about Preston Hills

Where is Preston Hills?

Preston Hills is in Parker, about 1.5 miles southeast of the Parker center. The map on this page shows its approximate location.

When was Preston Hills built?

Homes in Preston Hills were built between 1997 and 2002 (early 21st century). Builders on record include Richmond American Homes.

Is there an HOA in Preston Hills, and what does it cost?

Preston Hills has a homeowners association. Dues run about Varies; confirm the current figure with the association before you buy.

What amenities does Preston Hills have?

Preston Hills amenities include neighborhood parks, walking trails, and proximity to schools.

How big are the lots in Preston Hills?

Typical lots in Preston Hills run 6,000 sqft-0.20 acres.

Which schools are near Preston Hills?

Schools near Preston Hills include Iron Horse Elementary, Cimarron Middle School, and Legend High School. Verify enrollment eligibility by address.

How high is Preston Hills?

Preston Hills sits at about 6,070 feet above sea level.

Nearby

Parks and Schools

Nearby Parks
  • Preston Hills neighborhood parks
Nearby Schools
  • Iron Horse Elementary
  • Cimarron Middle School
  • Legend High School

Verify school assignment by address with the district. Attendance boundaries do not follow neighborhood lines.

Getting Around

Commute and Access

  • 5 min
    Parker Rd
  • 8 min
    E-470
  • E. Mainstreet

Transit in Parker: RTD bus routes (limited; Parker is car-dependent) · E-470 express toll road to DIA · I-25 express lanes to downtown Denver (via Lincoln Ave or RidgeGate Pkwy) · Parker Rd (Hwy 83) to DTC/Centennial

Explore

Other Neighborhoods in Parker

See all 39 Parker Neighborhoods →

About This Profile

This profile of Preston Hills was researched in March 2026. It was last reviewed in September 2026. The price range is an estimate built from comparable nearby neighborhoods rather than from direct listings. Amenity coverage is limited because few public sources describe this neighborhood. 140 homes; limited online presence, price derived from area comps.

Data sourced from direct and indirect online resources. Details are subject to change over time as we continue to research this area.