Sports Authority’s last CEO is selling some fixtures of his own.
Michael E. Foss presided over the now-bankrupt Englewood-based retailer for three years before it filed Ch. 11 last March, eventually deciding to shut down all 464 stores. Last week, he put his 13,800-square-foot home on the market for $3.5 million.
The seven-bedroom, 12-bathroom property at 1013 E. Belleview Ave. is being listed by Jeff Hendley of LIV Sotheby’s International Realty. Hendley said the house stands out from its Cherry Hills neighbors for its privacy and Spanish-inspired architecture.
“It’s a stunning, stunning home,” Hendley said. “In terms of bringing the Mediterranean influence to Cherry Hills Village, it was thinking out of the box.”
The style makes it feel like “a private island,” Hendley said, complete with a pool and cabana in the backyard. The estate is surrounded by two gates: one at Belleview leading to a pair of houses and a second around its 1-acre property, itself thick with Aspen, Pine and flowering trees.
And there’s much to entertain guests and residents indoors. The main house has a home theater, gym and wine room in the basement. For visitors, there’s an attached guest house with a private entrance. In addition to an attached three-car garage, there’s a separate two-car garage with heated floors and workshop space. Hendley calls it a “Ferrari garage.”
The house initially was built with donated labor and sold to benefit The Kempe Foundation, Hendley said, an Aurora nonprofit started to support a University of Colorado effort to prevent child abuse.
Michael and Cherylyn Foss bought their Cherry Hills Village home in September 2013 for $3 million, according to Arapahoe County property records. A few months earlier, Foss had been named Sports Authority CEO, after stints at Petco and Circuit City.
Sports Authority slid into bankruptcy in March, initially flagging 140 stores for closure. It then flirted with selling some or all of its assets. Instead, Sports Authority has shuttered its operations, sold off inventory and is still winding down the remains of its business in bankruptcy court.