Three weeks after a Polo Membership dwelling listed for $21.5 million, one other native property has hit the market with an excellent increased price ticket.
The 15-acre property at 4001 E. Quincy Ave. in Cherry Hills Village, whose important dwelling continues to be beneath building, has an inventory worth of $25 million. That’s a report for a house within the Denver metro space.
The property is dubbed Clearview Farm for its unobstructed mountain views. It’s at present owned by Clearview Farm LLC, which bought it in 2015 for $11 million.
Glen Warren is the supervisor of the LLC, based on public information. Warren co-founded Denver-based oil and gasoline firm Antero Assets, most just lately serving as president and CFO. He retired on the finish of April after almost 20 years with the corporate, based on a press launch.
Itemizing agent Susie Dews with Compass mentioned the couple that personal the property tore down the previous 6,500-square-foot farmhouse that beforehand stood on the acreage and are within the midst of finishing a virtually 14,000-square-foot important dwelling, which they began establishing in 2019. A 2,600-square-foot, two-bedroom visitor home has already been accomplished and served as a prototype for the primary dwelling.
The renovation’s design is a collaboration amongst Carlos Alvarez with AlvarezMorris Architectural Studio, Cushing Terrell Structure and the owner-architect, Dews mentioned. It’s being constructed by Denver-based Shaw Building, which expects to finish it by the autumn.
Clearview Farm’s important house is being constructed out of concrete, glass and zinc and is partially wrapped in Shou Sugi Ban, a cedar that has been charred utilizing a standard Japanese method that protects the wooden.
The entire finances for the renovation prices greater than the itemizing worth, Dews mentioned. She added that the house owners have determined to maneuver out earlier than completion due to “circumstances which have led them to totally different elements of the nation.”
“Even earlier than COVID, we had been seeing an enormous inflow of rich individuals that would reside anyplace and had been selecting Denver, and the pandemic accelerated that,” Dews mentioned “This property might attraction to individuals relocating as a result of there may be the flexibility to show it right into a legacy compound in the event that they determined to subdivide.”
The priciest residential property to ever promote within the Denver metro space is a 6,800-square-foot penthouse atop the 4 Seasons constructing downtown, which went for $16 million in March 2020. Earlier than that, an 11,036-square-foot mansion at 4750 S. Dahlia St. in Cherry Hills Village, which offered for $13.95 million in 2008, held the highest spot.
Deal with: 4001 E. Quincy Ave., Cherry Hills Village
Checklist worth: $25 million
Stats: The five-bedroom, eight-bathroom important home sits on the highest level of the property and consists of 4 “barns” that roll down the north hillside, based on the itemizing.
“It’s nonetheless a piece in progress, so any person has time to customise to their coronary heart’s content material,” Dews mentioned.
The property’s 15 acres are located in between the Excessive Line Canal and Three Pond Park. It additionally sits throughout the road from Kent Denver’s 160-acre campus.
The finer issues: Each element is intentional all through the house, Dews mentioned. The primary dwelling will function custom-made home windows imported from Italy, wide-plank flooring shipped from Denmark, an amazing room with 22-foot ceilings, poured concrete flooring and an outside view from each room, based on the itemizing.
Outdoors, there’s a two-car storage, a big pool and a scorching tub, which is able to body an outside kitchen and leisure space.
Sellers: Clearview Farm LLC, managed by Glen Warren, based on property information
Itemizing brokers: Susie Dews and Jeff Hendley with Compass-Denver