Highlands Ranch mansion fetches $6.7M, tops Denver-area sales in May

5001 S Albion St.

5001 S Albion St.

Two multimillion-dollar homes south of Denver topped May home sales.

The highest-priced residential property to sell in the Denver area was a 15,000-square-foot house built this year east of Santa Fe Drive and south of Wildcat Reserve Parkway in Highlands Ranch. It sold for $6.7 million on May 11.

Second in line was 5001 S. Albion St. in Cherry Hills Village, which closed on May 27 for $4.2 million. The ranch-style house, built in 2007, has views of the golf course at the Glenmoor Country Club.

The Highlands Ranch property – five bedrooms and nine bathrooms at 498 Houndstooth Court – was built this year as part of BackCountry, a community of custom-built homes in Highlands Ranch.

Listing agent Mimi Sturtevant of LIV Sotheby’s International Realty broker declined comment on the 1.25-acre property, citing the buyer’s privacy.

The house includes a deck off of a breakfast nook as well as sauna and steam rooms in the basement, according to a description of the house in the REColorado multiple listing service. It sold for $430 per square foot.

The 5001 S. Albion St. property sold a tick below its original $4.5 million listing price for $446 per square foot.

LIV Sotheby’s International Realty’s Anne Dresser Kocur, who listed the 9,400-square-foot house, said it is the only ranch in its Cherry Hills Village neighborhood.

“It just has a wide-open floor plan and amazing custom finishes,” Dresser Kocur said. “One of the biggest selling points was that you walked in and there were panoramic views of the mountains and the lake on the golf course.”

The 1.3-acre property has a wood-and-iron-gated walk-in entryway that opens into a courtyard, which Dresser Kocur said the previous owner used for outdoor entertaining.

Inside, the house’s main floor includes vaulted ceilings in the study and master suite as well as a wine cellar and a bar.

 

POSTED IN News, Residential Real Estate, Top News

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