Denver, CO

Nuggets coach’s deal among area’s five priciest home sales in June

Published

on


The five priciest Denver-area home sales in June included a Highlands Ranch mansion purchased by the coach of the Denver Nuggets, a Cherry Hills Village mansion and three homes in Denver’s Cherry Creek, including two on the same block.

The top spot went to a home in the 400 block of Saint Paul St. in Denver. 460 Saint Paul LLC, a Colorado corporation formed on May 17, purchased the property from retired car dealer Jerry Glauser and his wife, Barbara, for $8.3 million.

The five-bedroom, eight-bathroom home designed by architect Michael Knorr sits on one-third acre in Cherry Creek. It features 12-foot ceilings, heated floors, a spiral staircase, an elevator, a domed skylight and a two-story gym.

The Glausers purchased the home in 2004 for $4.2 million, then bought the one next door for $850,000. They scraped the latter and turned to Paul Kobey, the original builder, to expand the house.

Advertisement

They decided to sell it and buy something smaller in Denver because they own homes in Aspen, Arizona, and Florence, Italy.

“We love Denver, but we only spend about a month here a year, and it doesn’t make sense to have a 12,000-square-foot house,” Glauser said in 2023. “We wish we could take it with us.”

This Saint Paul St. home sits so you can’t see the whole house from the street, making it feel secluded. (Courtesy Andrew Forino via BusinessDen)

The Glausers initially listed the property with Kentwood Real Estate DTC for $14 million in 2019 before removing the listing. Kentwood relisted it for $11 million in June 2020 before again removing the listing. Douglas Kerbs with LIV Sotheby’s International Realty then listed the home for $11 million in March 2022 before lowering the price to $10 million in March.

Glauser owned several Glauser Mercedes-Benz dealerships, including one in Westminster, before selling them and retiring.

Kerbs represented both the buyer and sellers.

Advertisement

According to MLS data, here are June’s next four most expensive home sales:

This Skydance Drive home features six bedrooms, nine baths, a five-car garage, and an elevator. (Courtesy REColorado via BusinessDen)

Home in the 10900 block of Skydance Drive, Highlands Ranch: $6.8 million

Denver Nuggets coach Michael Malone, who led the team to an NBA championship in 2023, and his wife, Jocelyn, purchased the 8,875-square-foot mansion from Christian and Amy Stevens.

The six-bedroom, nine-bath home, with a five-car garage and an elevator, was built in 2022.

It features a gourmet kitchen, laundry room with a dog wash station, and a finished basement with a wet bar, temperature-controlled wine room and a home gym.

Outside, the home includes a private swimming pool, a pickleball court and an outdoor kitchen.

It listed for $7 million on May 27.

Advertisement

Malone joined the Nuggets as head coach in 2015 and was previously the head coach of the Sacramento Kings. He also served as an assistant coach of the New York Knicks, Cleveland Cavaliers, New Orleans Hornets and the Golden State Warriors.

  • Listing agent: Tina Christensen with The Agency-Denver
  • Buyer’s agent: Denver Trio with Realty One Group Premier
This Cook St. home includes four bedrooms, seven baths, and a three-car garage. (Courtesy REColorado via BusinessDen)

Home in 400 block of Cook St., Denver: $6 million

The Jim and Dianne Bosler 1993 Family Trust purchased the 7,686-square-foot mansion from Charles and Karen Farver.

The Farvers, who bought the home in 2019 for $3.7 million, listed it for $6.3 million on April 4. Charles Farver is the former chair of Pella Corp’s board of directors and a descendant of window company founder Pete Kuyper.

The home, constructed in 2007, includes four bedrooms, seven baths and a three-car garage. The Farvers recently completed an extensive interior renovation using award-winning design firm Mountain Luxury Interiors.

Bosler is chairman emeritus of JLB Partners, a national developer, builder, and manager of multifamily properties.

  • Listing agent: Colin Dart with Milehimodern
  • Buyer’s agent: Courtney Ranson with Milehimodern
This Charlou Circle home features four bedrooms, seven baths and a four-car garage. (Courtesy REColorado via BusinessDen)

Home in 60 block of Charlou Circle, Cherry Hills Village: $5.8 million

William and Janet Gooden bought the 8,101-square-foot house from the Elizabeth A. Rollins Revocable Trust and Fifth Edition Holdings LLC.

The four-bedroom, seven-bath mansion with a four-car garage was built in 2001. The house listed for $6.3 million on April 23.

Advertisement

61 Charlou is a single-level home that sits at the end of a cul-de-sac. After purchasing it in 2019, the trust extensively renovated the home by teaming with a local contractor and interior designer Andrea Schumacher.

The main level features a dining area that comfortably seats 12, a primary suite and another large bedroom suite, laundry, and exercise room with outdoor access. The lower level features a large recreation area, and two additional bedroom suites.

  • Listing agent: Jeff Hendley with Compass-Denver
  • Buyer’s agent: Karen Arras with Brokers Guild Homes
This Saint Paul St. home features four bedrooms, five baths and a three-car garage. (Courtesy REColorado via BusinessDen)

Home in the 400 block of Saint Paul St., Denver: $5.1 million

The Sarah D. Shore Inheritance Trust purchased the 7,029-square-foot home from 407 Saint Paul LLC. The trust purchased the house in 2016 for $4.5 million. It listed for $5.3 million on May 6.

The four-bedroom, five-bath stucco home with a three-car garage was designed by Semple Brown Design and constructed in 2005 for developer Paul Kobey as his home.

It features Kolbe windows, Rocky Mountain Hardware fixtures, walnut and lagos blue limestone floors, front and back patios, and a heated front walkway.

  • Listing agents: Trish Bragg and Maggie Armstrong with LIV Sotheby’s International Realty
  • Buyer’s agent: Trish Bragg and Maggie Armstrong with LIV Sotheby’s International Realty

Get more real estate and business news by signing up for our weekly newsletter, On the Block.



Source link

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending

Exit mobile version