In Greenwood Village, commercial districts thrive alongside upscale homes in covenant-controlled developments. The community offers a mix of newer home styles, from large estates, to smaller patio homes and sprawling ranches. Lots range in size from a quarter acre to more than 2.5 acres. Because Greenwood Village derives a majority of its property taxes from the retail corridor along Arapahoe Road and the businesses in the Denver Technological Center, resident property taxes in the area are significantly lower than in Denver.
Local government is fully committed to preserving the community's vast expanse of open space and wetlands. Residents take full advantage of Greenwood Village’s rich natural resources, and popular activities include horseback riding along widespread equestrian trails, walking to one of several recreation centers via the Highline Canal trail, and trekking to beautiful Cherry Creek State Park. Residents enjoy a high standard of living with easy access to nature as well as shopping and other conveniences. The combination of these features make the community one of suburban Denver’s most desirable.