Cherry Creek mansion lists at price double that of neighborhood’s most expensive recent sale

A mansion at 460 Saint Paul St. has hit the market for nearly $14M. (Libby Flood)

A Cherry Creek mansion has hit the market with an eye-popping price tag just shy of $14 million.

That’s twice as much as the priciest home to sell in the neighborhood in decades.

The home, located at 460 Saint Paul St., is 11,800 square feet, and sits on one-third acre, according to the listing.

Jerry and Barbara Glauser are selling the property, per property records. It is being marketed by Gina Lorenzen of Kentwood Real Estate DTC; she did not respond to a request for comment.

Jerry Glauser has owned a handful of Glauser Mercedes-Benz dealerships, including one in Sarasota, Florida, and one in Westminster, according to media reports. In 2004, New York Yankees player Alex Rodriguez brought on Glauser as a minority partner when he opened a Mercedes-Benz dealership near Houston.

The Sarasota and Houston dealerships have since been sold, according to news reports, and the Glauser name no longer is attached to the Westminster dealership.

A Four Seasons penthouse went for over $10 million earlier this year, making it 2019’s biggest residential sale thus far. (BizDen file photo)

BusinessDen chronicles the highest-priced home to sell in the Denver area each month. The most expensive home to sell in the Denver area in all of 2018 went for $8 million. So far this year, the biggest residential sale has been one of the penthouses atop the Four Seasons tower; that unit went for $10.75 million.

The priciest home to sell in Cherry Creek in the past decade, according to MLS records, is 333 Milwaukee St., which fetched $7 million in 2016.

Address: 460 Saint Paul St.

List price: $13.995 million

Stats: The five-bed, eight-bath home totals 11,800 square feet and sits on 0.31 acres.

The finer things: The mansion has 12-foot ceilings, heated floors and a two-story home gym. Upstairs, the master bedroom boasts a fireplace, a large seven-piece bath and a balcony with access to the home’s mountain-view rooftop deck. An elevator makes for easy travel between its two upper levels and the basement, which holds a home theater, yoga studio, massage room and private patio leading to an outdoor koi pond. A five-car garage also sits on the property.

Seller: Jerry and Barbara Glauser, who purchased 460 Saint Paul St. in 2004 for $4.2 million, according to public records. They also purchased 466 Saint Paul St. in 2005 for $850,000. The parcels appear to then be combined as 460 Saint Paul St.

Listing agent: Gina Lorenzen of Kentwood Real Estate DTC

Architect: Michael Knorr

Reporter Kate Tracy contributed to this story.

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