Hero neighbours rush out to rescue kids after horror plane crash in Colorado neighborhood

A plane nosedived into the front yard of a Colorado home on Friday morning, causing neighbors to heroically dash out and rescue the four passengers - including two children - from the fiery wreckage .

The 1969 Beechcraft 35 had only been airborne for about 15 minutes when it took a dive in an Arvada neighborhood near Denver at approximately 9:30am. The aircraft slammed into a fence and a tree before erupting into flames, detailed Alex Lemishko, a senior accident investigator with the National Transportation Safety Board.

Following the harrowing incident, four individuals were rushed to the hospital with serious to critical injuries, some suffering from burns. Miraculously, no one inside the residence, which is situated alongside railroad tracks, was injured during the crash.

READ MORE: Plane crashes in front yard of family home as neighbors rush to pull victims from wreckage

Police reported that the four passengers, comprising two adults and two children, had departed from Centennial Airport south of Denver. Their intended destination was Rocky Mountain Metropolitan Airport, roughly 30 miles northwest, when their journey met a fiery end, as per Lemishko's account, reports the Mirror .

The unnamed pilot had signaled engine trouble after noticing a low oil pressure warning light just moments before the disaster. The plan was to make an emergency landing at Rocky Mountain Metropolitan Airport, which they likely could see from their position in the sky, added Lemishko.

However, the situation deteriorated rapidly as the pilot experienced a severe power loss and informed the control tower that reaching the airport was impossible. They declared their intention to "put it down" wherever possible. Contact with the aircraft was lost shortly thereafter.

Authorities have indicated that the pilot made an attempt to land on a residential street, but it ended badly as the aircraft's left wing hit a sizable tree, causing it to skid down and crash into a truck before settling in a front yard.

Randy Hamrick, the homeowner of where the plane landed, was at home with his wife when the incident occurred. When speaking to the New York Post, he said initially they thought a train had derailed across their street.

"We saw the explosion and the glow from the outside and said, well, wait a second," he conveyed. "It felt like it was falling in. I mean, it was just that violent."

Lemishko stated that for a pilot unable to reach an airport, trying to land on a road or even railroad tracks, is a realistic strategy. "I'm sure what was going through the pilot's mind was "I see a roadway, I need to get this aircraft down, let's give it a shot,' " he shared.

Matt Osier, Arvada Fire operations chief, reported that the plane was ablaze when the first responders reached the scene. The fire was quickly put out, but hours later, it briefly reignited.