Denver Real Estate News

You can find great real estate information here about the Denver real estate market.  Homebuyers can learn the latest about what they can expect to find in their home search process.  Home sellers can get a feel for the pulse of the market.  From time to time there may just be some good common sense tips on living life in general.  Enjoy!

June 19, 2017

3D Tour of Manor House in Homestead Farm II Centennial CO

The lastest trends in technology always seem to be changing and evolving from being wireless and hands free to enhancing different types of experiences. One of these experiences that has become very active in the real estate world is the idea of 3D tours. This advancement is done using a 360-degree camera making it possible to get all angles of an area in minutes. Now, this is quite different than a video camera.

When you first open a 3D tour you are given two ways to see a home. One being "dollhouse" view which shows the house step by step as you click through you are given a feeling of actual being in the home and being present but being able to do so at the comfort of your iphone, tablet, or computer. The "floorplan" view which is the other option that is available shows the house from above, as if the roof was removed and you were looking down into it. 

The home that is linked in this blog is a gorgeous home with striking street appeal located in the very popular neighborhood of Homestead Farm II. This home was built by the well-known builder Sanford Homes and is the popular model known as a Manor House. You will click your way through this entire house and see the custom kitchen and updated master bath. With the tour you can see floor to ceiling views of each room and glide through with one simple click. 

Check out the 3D Tour here! 

 

 

June 16, 2017

Denver Area Housing Continues Record Breaking Trend

In May of 2017 a record breaking 179 homes all priced over $1 million sold and closed. This record is over 21 percent from the month prior and is nearly 38 percent year over year. According to Elaine Stucy, DMAR Market Trends Committee member and metro Denver real estate agent, she said “ By this time next month, sales in the Luxury Market of homes priced over $1 million will likely surpass one billion dollars year to date. This is a stunning trend in a month where traditionally the greatest number of homes come into the market. However, instead of a buildup in supply, there was a full 1 percent reduction in months of inventory to a 5.8 month supply”

In Denver the average home prices have continued an upward rise to a new high of $449,736. This is up 2.84 percent from the previous month and up 9.83 perfect from a year ago. Steve Danyliw, Chairman of the DMAR Market Trends Committee and Denver real estate agent states, “Housing numbers seasonally surge this time of the year and 2017 is no different, we experienced robust gains in active listings, new listings, under contracts and sales volume for the entire residential market. Inventory continues to be a significant concern, particularly in the lower price ranges.”

According to Danyliw, Of all the available listings that are currently on the market in the Denver area only 41 percent of those listings are priced below $500,000. He also states, “that the competition for homes under $500,000 is fierce as this price segment is below one month of inventory. Considering this price range accounts for 74 percent of all sales in metro Denver, homebuyers should expect continued competition.”

There were 5,895 active listings in May, relating to single family and condo’s, this number is up 9.96 percent from the month prior and 7.91 percent year over year. New listings, homes under contract, and the number of sold listings all increased from the month prior as well as year over year. Complete for a total sales volume of over $2.39 billion dollars.

The monthly report also includes statistics and analyses in its supplemental “Luxury Market Report” “Signature Market Report” and “Premier Market Report”. In May 179 homes sold and closed for $1 million or greater, this being said it reached a new single-month sales record for this segment. The closed dollar volume in May for luxury residential was up 19 percent month over month and 34.43 percent year over year.

The highest priced single-family home sold in Denver in May for $5,850,000, above ground square feet 7,358 with five bedrooms and nine bathrooms. As well as the highest priced condo sold was $1,837,500 having two bedrooms, three bathrooms and above ground square feet 2,338. Listing and selling agents for both transactions are members of DMAR.

This all being said, just as the Luxury Market is “hot,” so is the Signature Market. This market is comprised of homes prices between $750,000 and $999,999.  Brigette Modglin from DMAR Market Trends Committee member and metro Denver real estate agent explains, “The single-family Signature Market was hot like the summer days we are starting to get. We saw over 19 percent more homes sell from the month prior and 50.7 percent more year over year. Sales volume increased over 19 percent compared to April and over 49% from a year ago.” 

Download DMAR full report here. 

June 12, 2017

Summer Concerts in City of Lone Tree!

The City of Lone Tree has announced its 2017 dates for the FREE Summer Concerts in beautiful Sweetwater Park. This year’s dates are June 17th and August 12th from 6-9pm.

NEW ORLEANS SUSPECTS - Saturday, June 17th - 6-9pm
The New Orleans Suspects create their own unique mix of R&B, zydeco, funk and jazz that can only be described as music for all to enjoy.  Head down to the park to enjoy a night filled with music, food trucks, and an activity and craft corner for the young ones!

THE BAND OF HEATHENS - Saturday, August 12th - 6-9pm
Enjoy the final days of summer with The Band of Heathens, a group of high energy rockers that are best described as true Americana mixed with folk, country, jam-rock and blues. Grab a blanket or chair and your loved ones and head on down for an evening of music and the 3rd annual Street Food Soiree. This competition brings some of Denver Metro’s best food trucks to Lone Tree to battle it out – come sample and vote alongside celebrity judges! There will also be an activity and craft corner for the young ones.

Check the City of Lone Tree’s website for updated information.

http://www.cityoflonetree.com/cms/one.aspx?pageId=1606278

FREQUENTLY ASKED QUESTIONS

Parking Information:

Lone Tree Civic Center
This parking lot is closed to the general public for the event. This parking lot is designated in the event that Emergency Response is implemented, including evacuation of the park. Access to this parking lot is permitted only to event operations personnel. Parking in this area may result in your car being towed.

Lone Tree Library
Parking lot opens at 5:00 pm. Handicap parking is available.

Cook Creek Pool*
Parking lot opens at 6:00 pm for Event Parking.  There is no parking for event attendees in this parking lot before 6:00 pm. Handicap parking is available.
*NO PARKING AT COOK CREEK POOL ON SATURDAY, JUNE 17TH

Treo Parking Lot
Located on 9070 Maximus Drive, Lone Tree.  Located off Yosemite Street, Lone Tree.
Handicap parking is available.

Street Parking
Residential street parking is permitted in Lone Tree and Acres Green. Please consider residents and ensure you do not impact access to their residence.

Parking illegally may potentially result in your car being towed and/or incur a citation. City of Lone Tree Police Department will be patrolling residential streets.

Handicap parking is available on the west side of Sweetwater Road, from Lodgepole Trail and Big Horn Court.  This area is signed as Handicap Parking.

What to Bring:

·         Sunscreen/hat

·         Lawn chairs (no high-back lawn chairs are permitted between the sound booth and the stage)

·         Tarps and blankets (no bigger than 5’ X 8’.  Please share your tarp when you’re not using it)

·         Coolers and unopened plastic water/soda bottles and cans (coolers will be searched if need be)

·         Camera (no professional photo equipment allowed)

·         Stroller’s and baby packs are allowed

·         Rain Gear (event goes on rain or shine)

·         Alcohol in plastic bottles or cans is permitted

What NOT to Bring:

·         No glass in the park

·         No smoking in the park

·         No illegal drugs

·         No unlicensed vending

·         No professional photo equipment, video cameras or video recording equipment

·         No dogs of any kind

·         No tents of any kind

What will be available onsite?

·         Food Trucks - food and non-alcoholic beverages

·         Port-a-potties and handicap access

·         Hand sinks

·         Trash and Recycling Stations

·         Lost and Found (located at the City of Lone Tree Tent)

 

If you are interested in being a vendor or a sponsor of this event, please contact Allissa Dailey at Allissa.Dailey@cityoflonetree.com.

June 7, 2017

725 S Clinton St 6B, Denver CO


This home has been beautifully remodeled! It has a redesigned custom Kitchen with walls removed and opened up for a terrifically spacious feel. The pretty Bath Rooms are new too! Stepping into the home you are really going to like the farmhouse style wide plank flooring by Armstrong Luxury Vinyl. Adding to the open feel are glass-paned French doors leading from the Living area to the Den/Optional Bedroom. There’s wool carpeting with upgraded padding in the Master Bedroom and Den/Optional Bedroom. The handsome Kitchen cabinets have soft-close drawers and under-cabinet lighting with Giallo Ornamental Granite counter tops. Kitchen appliances are upgraded Frigidaire Gallery stainless steel. The lovely new Master Bath has a slab granite counter top. You will find a quartz counter top in the hall Bath. Additionally, there are new vinyl windows and a sliding glass door to the screened-in lanai. The building’s location is great being tucked away in a quiet setting, yet only a short walk to the recreation center, restaurant, golf shop and a personal garage space #45.  Additional personal storage, #6B, is in on the same floor.

$279,900 1 Bedroom + Study/Optional Bedroom, 2 Baths

Click here to see the virtual tour! 

 

 

 

 

June 7, 2017

4587 Sonado Place, Parker


This beautiful Bainbridge built ranch home at the top of a cul-de-sac backs to Pradera golf course. Away from the hustle and bustle of the city, Pradera offers a quiet and private retreat at the end of a busy day. Yet it is less than ten minutes to the town of Castle Rock or Parker.

Upon entering through the impressive knotty alder front door with leaded Scottish glass sidelights, you will notice the open floorplan. On the inside of the Entry door is a beautiful door pediment trim which was milled on site. Note the four inch wide oak plank flooring which continues throughout the Entry Foyer, Study, Great Room, Kitchen, Breakfast Nook and Powder Room.

Glass paned French doors lead into the study with built-in knotty alder cabinets, crown molding and matching stained shutters. The Study has convenient access to ethernet for a computer and printer.

You will find the exceptionally large Dining Room adequate for any size dinner party. The area is enhanced with elegant crown molding, a chair rail, recessed ceiling, and hidden lighting in the coved ceiling.

The Great Room has a vaulted, knotty alder wood beamed ceiling and is open to the Kitchen. A wall of windows provides a wonderful view over the deck and onto the fifth fairway of the golf course. The focal point of  the Great Room is a stone fireplace with a handsome wood mantle covering both the fireplace and built-in media center featuring surround sound Conveniently adjoining the Great Room is a wet bar and wine closet.

Guests will notice the beautifully appointed Powder Room with its knotty alder chest vanity, lava granite counter top and travertine wainscotted walls.

The wonderfully open Kitchen has knotty alder shaker cabinets, lava granite counter tops, tumbled travertine back-splash and stainless steel appliances. You will find professional Kitchen appliances, such as a Wolf oven with a 6-burner cooktop, additional wall oven, built-in Sharp Carousel microwave oven, cabinet-front side-by-side SubZero refrigerator with ice and water dispensers. A center island with alder bead board surround provides a great work space and has a double-well Kohler stainless steel sink with soap dispenser. Off the breakfast nook is a large window overlooking the golf course. You will appreciate the spacious walk-in pantry for its exceptional storage space.

You will find the spacious Master Suite, with a coved ceiling, has views of the golf course and access to the rear deck via a leaded Scottish glass door. The Master Suite features an elegant five-piece Master Bathroom. There‘s a large walk-in closet with built-in shelving and drawers. You will love the knotty alder wood cabinetry with lava granite countertops, variable-sized tile flooring, his and her sinks, Kohler fixtures, dual-head shower and jetted tub in the Master Bath.

There are three additional Bedrooms with ensuite Bathrooms and pre-wired for ceiling fans/light fixtures if desired.

A beautiful curving, open staircase with antique bronze balustrades leads down to the walk-out lower level. The Recreation Room boasts a ten foot ceiling, surround sound system and a double-sided stone fireplace shared with the rear patio. Your guests will admire the wet bar with knotty alder cabinetry, lava granite countertops and tumbled natural travertine backsplash. The wet bar also includes an Asko dishwasher, SubZero bar refrigerator and microwave.

A fantastic rear deck overlooking the golf course has a pitched ceiling cover and a DRY-B-LO system under the floor to prevent water from dripping onto patio below.  The lower patio with a stone wall offers a great entertaining option with an outdoor fireplace and direct access to the lower level Recreation Room and wet bar.

If you‘re looking for peace and tranquility you‘ll find it in Pradera and with this home‘s very quiet location backing to the 5th fairway of Pradera Golf Course. Completing the backyard oasis is a stone fire pit with gas line, water feature and flat rail fence with pet wire.

ADDITIONAL INFORMATION

· Stone and hardcoat stucco exterior

· A Colorado style flagstone walkway connects the front and rear yards

· Water features in front and rear yard

· The rear lot line is approximately twenty feet beyond the fence line

· Security System with monitoring capability

· Eight foot doors on main level

· Two G,FA furnaces, One Central A/C and humidifier for main floor

· Two fifty gallon hot water heaters

· Hot water circulating pump for close to immediate hot water

· Painted structural floor in the storage area of basement

· Atrium vinyl casement windows

· Finished and insulated three car garage with built-in cabinets

· Sillcock in garage for washing cars

Price: $1,000,000 - Virtual Tour - 3D Tour

 

 

 

June 2, 2017

6035 E. Long Place, Centennial CO

 This beautiful Manor House by Sanford Homes is located in the ever-popular neighborhood of Homestead Farm II. The lot is second to none in beauty with its striking street appeal and majestic trees. Trees in the front include two large Honey Locust, Maple, Dwarf Blue Spruce, Choke Cherry, Globe Blue Spruce, Blue Totem Spruce and a Weeping Norway Spruce.  There are countless decorative bushes and perennials surrounding the house. A greenbelt with a walking/ jogging trail that’s great for exercise or a relaxing walk runs alongside the property.

A desert-tan tinted garage driveway has a brick paver soldier course on each side. A curved brick paver walkway leads past natural stone boulders to the wide covered front porch. Entering through the wrought iron double front doors you will find a center-hall which gives the feel of a spacious floor plan. There’s a new custom Kitchen featuring striking cherry cabinets, slab granite, stainless steel appliances and a center island with weathered slate cabinetry. Italian style tile flows through the Entry Foyer, Powder Room, Kitchen and Breakfast Nook. The main floor has a Study behind glass-paned French doors with built-in cabinets and shelves.

The formal Living Room has Brazilian cherry wood flooring and built-in bookcases. From here, one can access the main floor Study or the Family Room through a hidden pocket door.

A main floor Study is accessed through glass-paned French doors. The Study has a pitched ceiling and built-in cabinets and shelving.

The Dining Room has a chair rail and a gorgeous medallion chandelier base. A glass-paned push door leads into the Kitchen.

The new custom Kitchen features black, Metallica granite countertops, stainless steel appliances and 42” KitchenCraft cherry cabinets with soft close drawers. A center island has weathered slate cabinetry with a built-in trash bin. Appliances include an Electrolux oven, oven/warming drawer and a gas cook top, a GE Monogram Advantium oven serves as a microwave, convection oven or a speed-cook oven, Asko dishwasher and a Jenn-Air side-by-side refrigerator with ice and water dispenser.

The Breakfast Nook’s etched glass-panel sliding door provides access to the rear covered, cobblestone paver patio. There is a double-sided brick fireplace between the Breakfast Nook and Family Room

Directly off the Kitchen/Breakfast Nook areas is the Family Room with Brazilian cherry wood flooring has a handsome cherry wood fireplace mantle and surround. Here you will also find a built-in planning desk with onyx counter top and glass front cabinets. A three-panel, etched glass sliding glass door offers additional access to the rear covered patio and yard.

 A Powder Room is conveniently located off the hallway from the Entry Foyer. The Powder Room has been updated with a metallica granite counter top and weathered slate cabinetry.

The stairway leading to the upper level has a cherry wood hand rail with wrought iron balustrades. The stair steps are American cherry with a New Zealand Wool runner. 

You will find the Master Suite is large and spacious. The Master Bath has been remodeled as a five-piece Bath and features glazed cherry cabinets, Michelangelo marble counter top, Kohler polished chrome fixtures, towel warmer and programmable heated floors. A clear glass frameless shower has a marble bench, a European style rain head and a hand held shower head. Enjoy the Kohler free-standing, white glazed cast iron soaking tub that is picture-perfect for relaxing after a long day.

The Guest Bath has a double vanity with a granite counter top, polished-chrome hardware and Kohler cast iron sinks and tub.  

The downstairs basement has a finished recreation room with a wet bar, Sanyo bar fridge and a ½ bath making this a great area for a media center and pool table.

The Laundry Room comes complete with laundry tub, built in cabinets and a utility door to the rear yard.

The private rear yard with towering trees is absolutely fabulous with a covered cobblestone paver patio, an additional step-down cobblestone circle-seating area, a view down the green belt, a beautifully prepped garden and too many trees, shrubs and colorful perennials to list.  There are many deciduous and evergreen trees including a giant Colorado Blue Spruce, two giant Pine trees, a Globe Spruce and a dwarf Spruce. This is the perfect setting for entertaining and private parties.

Other Special Features:

·         Gorell vinyl windows and sliding glass doors

·         Crown molding throughout most of the main floor

·         AprilAire humidifier

·         Whole house fan ( attic fan) with timer and variable speed control

·         Garage has built-in cabinets and insulated steel overhead doors

·         New dimensional roof shingles in 2015

·         Split rail fence new in 2011

·         Security system

·         Skylights in rear patio cover 

$809,000 4 Bedrooms, 4 Baths- Click here to see the Virtual Tour! 

 

 

 

May 19, 2017

9019 E Panorama Cir D-316, Centennial CO

Dry Creek Crossing offers the trendiest living in the southeast corridor and is just a few minute’s drive to the Denver Tech Center, Meridian office park and a short walk to the Dry Creek light rail station. You will love the beautiful Mountain views from the kitchen, living room, bedroom, and oversized balcony. Chic meets best in this stylish one bedroom condominium! Appointed with contemporary fixtures complimented by traditional rich colors, Oak style flooring, and neutral paint shade. The open floor plan is comprised of a combination  dining/living room with gas fireplace and Casablanca style ceiling fan with lighting. The well-lit  kitchen has a breakfast bar, decorative pendant lighting, cherry cabinetry, slab granite countertops, double well stainless steel sink and stainless steel appliances including an oven/range, microwave, refrigerator, and dishwasher. The generously sized master bedroom has a walk-in closet and newer carpeting. There is a full bathroom with a double vanity, travertine countertop, shower surround and flooring. There is even a new washer and dryer conveniently located in the unit. The balcony off the living room has room for a bistro table set and a grill.  Residents enjoy fantastic amenities that include a clubhouse with fitness room, full kitchen, billiards table, game tables, fireplace and seating area and a community pool and spa.

 $264,900 1 bedroom, 1 bath- Click here for virtual tour

 

 

May 11, 2017

16671 E. Prentice Circle, Centennial CO

 Upon entering the Foyer with its dramatic ceiling you will immediately feel the open, spacious floor plan. You will appreciate the natural light in the living room courtesy of the large box window with southern exposure. The wonderful formal Dining Room sits adjacent to the Living Room. There is handsome wood flooring in the Entry Foyer continues through the Kitchen, Breakfast Nook, Family Room and Powder Room.

 You will appreciate the updated Kitchen with slab granite counter tops, and white cabinets.  Stainless steel appliances include oven/range, microwave and dishwasher. Double-well sink with nickel extension faucet looks out on to backyard with functional window above.

 The conveniently located Powder Room has a Corian, banjo counter top with brushed-nickel fixtures.  The Laundry Room with ceramic title flooring is just inside the door from the garage.  The Family Room, which is open to the Kitchen, has a pitched ceiling, handsome brick wood-burning fireplace, wet bar and newer vinyl sliding glass door to the rear extended patio. The finished basement has a Recreation Room with a ¾ bath and is roughed in for a wet bar.  You will appreciate having the nice sized storage room.

There is an impressive double-door entry into the Master Suite. The Master Bedroom has pitched ceilings and a sitting area. A Hunter Casablanca style ceiling fan will help keep you cool during those summer nights. You will love having separate his and hers closets. Plantation shutters are continued throughout the Master Suite. This spacious Master Bathroom has a pitched ceiling, with skylight above providing ample natural light. There is a large oval steeping tub and double vanity with Corian countertop, his and hers sinks with brushed nickel faucet and a separate water closet. A dramatic upper level bridge overlooks the Living Room, Dining Room, Breakfast Nook, and Family Room, allotting for an open spacious feel.

The two secondary bedrooms have plantation shutters and are adjoined by a Jack ‘N Jill Bathroom. This shared Bathroom has a double vanity with a Corian countertop, two sinks, brushed nickel hardware, and a private water closet.

This home has great curb appeal, inviting covered front porch with attractive storm door, eye-catching roof line with newer shingles, and attached two car garage. Large deciduous and pine trees surround the home. There is concrete edging around the decorative landscape border. A rear patio is large enough for multiple seating areas and perfect for entertaining. The privacy fenced rear yard has minimal maintenance needs with gates on both sides of house.

$459,900, 3 Bed, 3 1/2 Bath- Click here for the virtual tour 

 

May 4, 2017

Luxury Real Estate Market Update May 2017

April 25, 2017

New UCHealth Hospital in Highlands Ranch

The 340,000-square-foot UCHealth hospital being built in Highlands Ranch's Central Park development, will include 77-beds, a Level III trauma center, primary care, operating rooms, advanced cardiac services, a 24-hour outpatient pharmacy, along with specialized focus on oncology, orthopedic and women's services.

In addition to the main building there will be a healing garden for patients, a medical office building, parking decks and space for expansion.

This new hospital broke ground in January and according to UCHealth officials, is expected to be completed in January 2019. The building will cover the southeast portion of the 100-acre Central Park development, owned by Shea Properties. The development is bordered by Lucent Blvd. on the west, Plaza Dr. to the north, Barrons Blvd. to the east and Town Center to the south.

The remaining area of the Central Park development will include 200 single-family homes, a park, retail, recreation and commercial buildings, along with a communication tower for the Douglas County Sheriff’s Office.

​The president of the UCHealth Highlands Ranch Hospital, Diane Cookson, says that it was determined Highlands Ranch was an optimal location based on demographics and population growth in the area. According to the U.S. Census Bureau the Douglas County population grew from 285,465 in 2010 to 322,387 in 2015. With continued new construction in Douglas County, including the large community of Sterling Ranch which is expected to bring 30,000+ additional residents in the near future, the hospital will be well utilized.

During the construction process the hospital will provide 500-600 construction jobs. Once completed an estimated 400 new, permanent jobs will be offered.