A recent article in The San Diego Union Tribune reports that a 5.7 acre California oceanfront property has been put up for sale with a record $76 million price tag. Although the 10,000 square feet mansion needs extensive renovations to be habitable, it is located on prime property. The article argues that there is a strong market for multi-million dollar real estate.
All of this inspired me search the Denver MLS for high-end real estate. Where is the most expensive real estate in the Denver metro area? Currently, there are seven properties for sale in the Denver area that are priced over $10 million. Five of these properties are located in Cherry Hills Village, one is located in Sedalia and one “equestrian estate” is located in Centennial. There are 43 homes priced above $5 million that are located in the prestigious neighborhoods of Denver Country Club, Greenwood Village, Centennial Ranch in Parker, White Hawk Ranch in Boulder, and Bear Tooth Ranch in Golden. There are over 1,500 Denver area homes priced above the one million dollar mark.
The most expensive Denver area home for sale, listed at $20 million, is located in the exclusive Cherry Hills Village community. The 22,000 sq. ft home has seven bedrooms and nine bathrooms. Click here to see photos of this magnificent Cherry Hills home or click here to search for luxury homes in Denver. For more information on the high-end Denver real estate market, please contact TeamCox Realtors.