Highest-priced home sale of March: Cherry Hills chateau fetches $5.3M

Photos courtesy of LIV Sotheby's International Realty

Photos courtesy of LIV Sotheby’s International Realty

Cherry Hills Village has regained its perch as king of the hill: topping the list of the highest-priced homes rankings for March with a French country-style house selling for $5.3 million last month.

The 21,000-square-foot mansion just off of South Holly Street closed with the highest price tag of the month, according to Metrolist. Last month a Cherry Creek condo fetched the top billing.

Listed in August, the six-bedroom, 11-bath house on more than two acres at 4603 S. Denice Drive sold on March 9 for $247.70 per square foot. Jeff Hendley and Nancy Wolfe of LIV Sotheby’s International Realty listed it.

This is the second time Wolfe has sold the property; she last sold it in 2009 for $6.3 million when it was owned by its original occupants, the family that founded Aurora-based moving company Graebel.

“They were able to bring in stone, and beams and fireplace mantels from Europe,” she said.

Lynn Harrison of Englewood-based Harrison Custom Home Builders designed and built the house in 2003, Wolfe said.

Upon entering, four main floor rooms open to a wrap-around balcony overlooking a terrace with an in-ground pool and hot tub as well as a grassy backyard and a tennis court installed by the most-recent owner.

“There’s a lot of seamless, indoor-outdoor living in this house,” Wolfe said.

The living room starts with travertine stone floors and is topped with a crystal chandelier. The great room has a floor-to-ceiling arched window facing the terrace and wood beams crossing above it.

Moving upstairs, the master suite includes a six-piece bathroom, a coffee bar, a balcony and a sitting room with a fireplace. And downstairs, the basement is finished with a bar, wine cellar and theater room.

Hendley said the size of the property is also an outlier and a draw for homebuyers; few homes in Cherry Hills Village have two acres or more to themselves.

“Sometimes, we see trends where buyers want bigger houses, but right now, we’re seeing buyers wanting houses with bigger properties,” Hendley said.

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POSTED IN Featured, News, Residential Real Estate

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