Chad Ellington plans to sell 90 lots for new homes ranging from half an acre to four acres priced between $600,000 and $1 million each.
Residential Real Estate
Two other Boulder homes made the cut as did mansions in Denver and Greenwood Village.
There was a 30 percent increase in inventory of homes and a 12 percent decrease in closings compared to June.
The deal works out to about $544,000 per unit if the retail space is valued at $3 million. The building is 98 percent leased.
The six-story Atelier at University Park has 252 units, making the deal worth about $357,000 a unit.
The seller has lived in the home for 52 years. The antique fireplace was the original model for one given to President George Washington by England.
Lincoln Property Co. paid $1.04 million per unit for the 168-unit The Pullman, shattering Denver’s previous per-unit price record.
The office building at 5700 S. Quebec St. was already under construction in the 1970s when he suddenly decided to live atop it.
The 16-story One River North at 3930 Blake St. in RiNo will feature a carved core resembling a slot canyon filled with water features and landscaping.
Presley ultimately decided not to buy the home at 3962 S. Chase Way, but fans continued to believe otherwise, according to the Rocky Mountain News.