Park Hill mansion nabs highest priced home sale in July

The backyard of the home at 1909 Forest Parkway.

The backyard of the home at 1909 Forest Parkway.

The co-founder of PorchLight Real Estate Group had a hot property for sale last month: her own.

PorchLight co-CEO Carol Freyer Bayer’s South Park Hill home sold for $2.5 million on July 1, making it the highest-priced residential property to sell in the Denver area that month, according to multiple listing service REColorado.

She kept half the deal in-house. PorchLight broker Taylor Lawton listed the seven-bedroom home at 1909 Forest Parkway, which was built in 1919 and renovated by the owners prior to Bayer. He said his favorite spot is the back porch.

“They have a nice covered patio overlooking the yard,” he said. “Today it’s a lot more common to have that, but those older homes, they’re not so inside-outside living friendly.”

The house sold for $335 per square foot. The Kentwood Company represented the buyer.

Besides the patio, the backyard sports a log cabin-style playhouse with a climbing wall and tire swing.

Lawton said the house, which sits on a third of an acre at the southwest corner of E. 19th Avenue and Forest Parkway.

Carol Freyer Bayer and Amy Bayer founded PorchLight in 2005 and serve as co-CEOs of the company. PorchLight currently lists 148 broker associates on its website.

According to Denver property records, Carol Freyer Bayer purchased the house four years ago for $2.3 million.

The buyer is Stephen P. Gottesfeld, an executive vice president and general counsel of Newmont Mining Corporation. Gottesfeld was an associate at Holland & Hart before joining Newmont in 1997.

July marks the first time this year that the price tag on the highest-priced home to close in a given month has dipped below $3 million. A newly-built house in Highlands Ranch sold for $6.7 million in May, making it the most-expensive real estate to close in 2016 so far.

The backyard of the home at 1909 Forest Parkway.

The backyard of the home at 1909 Forest Parkway.

The co-founder of PorchLight Real Estate Group had a hot property for sale last month: her own.

PorchLight co-CEO Carol Freyer Bayer’s South Park Hill home sold for $2.5 million on July 1, making it the highest-priced residential property to sell in the Denver area that month, according to multiple listing service REColorado.

She kept half the deal in-house. PorchLight broker Taylor Lawton listed the seven-bedroom home at 1909 Forest Parkway, which was built in 1919 and renovated by the owners prior to Bayer. He said his favorite spot is the back porch.

“They have a nice covered patio overlooking the yard,” he said. “Today it’s a lot more common to have that, but those older homes, they’re not so inside-outside living friendly.”

The house sold for $335 per square foot. The Kentwood Company represented the buyer.

Besides the patio, the backyard sports a log cabin-style playhouse with a climbing wall and tire swing.

Lawton said the house, which sits on a third of an acre at the southwest corner of E. 19th Avenue and Forest Parkway.

Carol Freyer Bayer and Amy Bayer founded PorchLight in 2005 and serve as co-CEOs of the company. PorchLight currently lists 148 broker associates on its website.

According to Denver property records, Carol Freyer Bayer purchased the house four years ago for $2.3 million.

The buyer is Stephen P. Gottesfeld, an executive vice president and general counsel of Newmont Mining Corporation. Gottesfeld was an associate at Holland & Hart before joining Newmont in 1997.

July marks the first time this year that the price tag on the highest-priced home to close in a given month has dipped below $3 million. A newly-built house in Highlands Ranch sold for $6.7 million in May, making it the most-expensive real estate to close in 2016 so far.

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Residential Real Estate

Editor's Picks

One response to “Park Hill mansion nabs highest priced home sale in July”

  1. Thanks for posting this awesome article. I’m a long time reader
    but I’ve never been compelled to leave a comment.
    I subscribed to your blog and shared this on my Facebook. Thanks
    again for a great post!

Leave a Reply

Your email address will not be published. Required fields are marked *