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.