Cherry Hills Village mansion sells for $1M more than the asking price

6.15D Residential Sale

This Cherry Hills Village home sold for the first time in 30 years in June for $1.1 million above the asking price. (Courtesy of LIV Sotheby’s International Realty)

Plenty of Denver metro homes are selling above asking price in the midst of a fierce residential market.

But one Cherry Hills Village sold $1.1 million above its initial listing price tag.

The 5,168-square-foot residence at 1 Cherry Blossom Lane was listed for around $2.4 million in May and sold for $3.5 million this month. It was the property’s first sale in nearly 30 years.

Sellers Richard Goblirsch and Alice Johnson paid $410,000 in 1992, according to property records. Goblirsch is a financial advisor for Boston-based LPL Financial and is also a member of the Denver Wealth Management team, according to its website.

The six-bedroom, five-bathroom home sits on a little over an acre with mountain views from an elevated back terrace. The mid-century modern design features an open floor plan, cherrywood finishes and vaulted ceilings.

It was purchased by Michael and Victoria Wallace on June 2. Michael retired in 2011 as vice chairman and chief operations officer of Maryland-based Constellation Energy and currently serves as a board member of Emirates Nuclear Energy Corp., according to its website.

Address: 1 Cherry Blossom Lane, Cherry Hills Village

Sale price: $3.5 million

Stats: The one-story Cherry Hills Village home features 3,318 square feet above ground, plus an 1,850-square-foot finished basement with a large office, gas fireplace, bar, living room, and two extra bedrooms, one of which has a separate entrance “perfect for a nanny,” according to the listing.

The finer things: From the entryway, the home flows into an open remodeled kitchen with new appliances and subway tile and quartz countertops. There’s also a formal living room with a vaulted wood beam ceiling and a gas fireplace, a spacious dining room with a large deck, and a private study.

In the home’s secluded backyard, which is surrounded by canopy trees and a garden, there’s a covered patio with a pool, hot tub, gas fire pit and views of the Front Range. There are two large garages for cars.

Sellers: Richard Goblirsch and Alice Johnson

Buyers: Michael and Victoria Wallace

Listing agent: Josh and Linda Behr with LIV Sotheby’s International Realty

Buyer’s agent: Chris Lamee with Banyan Real Estate

Correction: A previous version of this story reversed the buyer and the seller.

6.15D Residential Sale

This…

You must be a member to access BusinessDen's exclusive reporting.

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 AARON@BUSINESSDEN.COM.

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.




Return to Homepage

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments