A Cherry Hills Village mansion just set a new record for the most expensive on-market home sale in Denver-area history.
The estate at 4603 South Denice Drive was sold by Happy Hound Property LLC, which bought the home in 2016 for $5.3 million, the Denver Post reported. Happy Hound Property LLC is an entity linked to diversified trading firm DRW, while the buyer, 4603 South Denice Drive LLC, traces back to Northwest Registered Agent LLC, a business identity service based in Washington.
Happy Hound gutted the home and rebuilt it before listing the property in April for $20 million and dropped it to $18 million the next month.
The purchase topples the previous on-market record set by Denver Nuggets president Josh Kroenke, son of billionaire real estate and sports magnate Stan Kroenke, who bought a different Cherry Hills Village mansion in August of last year for nearly $15.8 million. The all-time record for the priciest home sale in the Denver metro belongs to former Denver Broncos quarterback Russell Wilson, who paid $28 million for a Cherry Hills Village mansion in 2022 in an off-market transaction.
The Cherry Hills Village home sits on a 2.1-acre parcel and boasts six bedrooms and 11 bathrooms across 22,000 square feet, Westword reported.
The house’s main floor has two private offices, a library, a bar area, a piano room, a den, an open kitchen, a breakfast room, a great room, a dining room and a living room. The upper level houses the primary and secondary bedrooms as well as a recreational room, while the lower level has a state-of-the-art gym, craft room, golf simulator, another bar, a game space and two guest suites. An elevator connects the floors.
Outside, guests can enjoy amenities like a blue glass tile pool, an infinity hot tub, a tennis court, an outdoor cabana, a pool house, a fire pit and several seating areas.
Property taxes for the home this year totaled approximately $78,840, per county records cited by the Denver Business Journal.
Read more
Residential
New York
Russell Wilson, Ciara list Seattle-area mega mansion for $28M
Residential
Denver
Home sales in Denver market drop to slowest pace in 12 years
Residential
New York
This Colorado "village" is the second-richest city in the country