Cherry Creek penthouse aims for Denver record with $21M listing

100 Detroit No. 701 living

The penthouse, one of two at the building, includes custom-made fixtures from Lalique Interior Design Studio in Paris and Sherle Wagner International in New York. (Courtesy Corey Anthony Photography)

A penthouse in Cherry Creek has listed for $21 million — a price point that, if achieved, would top Denver records for the sale of not only a condominium, but also a single-family home.

The nearly 7,000-square-foot condo at 100 Detroit St., Unit 701, is owned by Jimmy and Debbie Lustig.

The Lustig family founded Vectra Bank, acquired by Zions Bancorporation in 1998. Jimmy Lustig is the founder and CEO of United Capital Management, a wealth management firm, and GEA Entertainment, a music publishing company. 

The Lustigs purchased the three-bedroom, five-bath penthouse, which features a 1,200-square-foot balcony, for $4 million in 2007, before the building’s completion.

The couple spent three years completing the unit, drawing design inspiration from movies, Broadway shows, and their favorite New York hotel, according to listing agent Casey Karsh Perry with Compass. 

It also boasts a glass sculpture by artist Dale Chihuly, which is included in the list price, and includes four parking spaces. A mahogany-paneled office could become another bedroom.

100 Detroit No. 701 rooftop deck

The 1,230-square-foot deck includes a fireplace. (Courtesy Corey Anthony Photography)

To set the list price, Perry said she factored in the planned Waldorf Astoria-branded condominium project, which is scheduled to break ground later this year in Cherry Creek and is expected to be completed by 2027.

The units in that building will be smaller than the Lustigs’ penthouse, which is available now.

“It offers tons of privacy and tons of safety,” Perry said. “Cherry Creek North is a very unique area.”

The Lustigs plan to downsize to a smaller property in the Denver area, Perry said. The couple also run the Lustig Family Foundation.

100 Detroit No. 701 Chihuly

The penthouse boasts a glass sculpture by artist Dale Chihuly, which is included in the list price. (Courtesy Corey Anthony Photography)

Denver’s most expensive home sale was a 9,500-square-foot Polo Club house, which sold for $17.7 million in 2022. (The buyer later paid $10.5 million for an adjacent home as well.)

The most expensive condo sale in Denver was the $16 million sale in 2020 of one of two penthouses at the 45-story Four Seasons tower downtown. The record condo sale in Cherry Creek was a nearly 11,000-square-foot unit at 100 Detroit St. that fetched $9.3 million in 2023. That unit was initially listed for $12.9 million.

The record home sale in the broader Denver metropolitan area was quarterback Russell Wilson’s $25 million buy of a Cherry Hills Village mansion in 2022.

POSTED IN Residential Real Estate,

Editor's Picks

Comments are closed.