In Greenwood Village, commercial districts thrive alongside upscale homes in covenant-controlled developments. The community offers a vast mix of newer home types, from large estates to smaller patio homes to sprawling ranches. Lots range in size from a quarter acre to more than 2 1/2 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.

Bordered on the west by Clarkson Street, on the east by Havana Street, on the north by Belleview Avenue and on the south by Orchard Road, the community is bisected on its east side by 1-25, which separates a large portion of the commercial activity from many of its residential neighborhoods. Restaurants, shopping and services abound, making life easy for residents.

Activities in the community include horseback riding along extensive equestrian trails, walking on the Highline Canal trail which meanders throughout the community going to one of several recreation centers, and trekking to Cherry Creek State Park. Local government is fully committed to preserving the community's open space and wetlands.