Another crazy year for the Denver real estate market is in the books. As of early December, when the Denver Metro Association of REALTORS released its December “Denver Metro Real Estate Market Trends Report,” 2017 was on pace to break last year’s record for the number of homes sold in metro Denver. In the luxury market, 135 homes sold for $1 million or more in November, up 22.73 percent year over year. A record 10.47 percent of those sales were condos, which have never surpassed 8 percent of the luxury market—until now.
So just what do you get for $1 million in Denver these days? According to Devon Richardson, associate broker at Kentwood City Properties, buyers in central Denver can expect a good location and luxury finishes. “For a million dollars, families are looking for big lots, open floor plans, and high-end kitchens,” Richardson says. “In the condo market, buyers want spectacular views—and again—those high-end finishes.”
Here, four for-sale properties demonstrate what you can expect if you’ve got $1 million to spend. And if you don’t, well, it costs nothing to look.
5462 Wabash Street
Listing Price: $960,000
Size: 4,586 square feet; six bedrooms, four bathrooms
What we love: This Parkwood model looks traditional from the outside, but inside, modern design details—a Sputnik-inspired chandelier in the living room, a sleek and spacious kitchen—offer an unexpected surprise. Other extras: a large finished basement and big backyard, intricate tile work, and plantation shutters throughout.
Listing agent: Scott Peterson, Liv Sotheby’s International Realty
2001 Lincoln St., #2122
Listing Price: $1,250,000
Neighborhood: One Lincoln Park, downtown Denver
Size: 2,629 square feet; two bedrooms, 2.5 bathrooms
What we love: Spectacular views and a prime downtown location. The unit has been completely remodeled with modern finishes, custom kitchen cabinetry, a five-piece master bath, and floor-to-ceiling windows, but the real draw is the outdoor living space: two large, private balconies, one off the master bedroom and the other adjacent to the living room.
Listing agent: Devon Richardson, Kentwood City Properties
3346 W. Hayward Place
Listing price: $1,049,000
Size: 3,340 square feet; four bedrooms, 3.5 bathrooms
What we love: The combination of new construction and a location on a tree-lined street in Highland’s Allen M. Ghost Historic District. Inside, there’s a Caséta Wireless smart-home system by Lutron, a cool steel staircase, a spa-like master bath, and a modern kitchen outfitted with European cabinetry, quartz countertops, and an oversized island.
Listing agent: Rachel Gallegos, Liv Sotheby’s International Realty
333 S. Monroe St., #308
Listing Price: $999,000
Size: 2,082 square feet; 2 bedrooms, 2.5 bathrooms
What we love: This Cherry Creek location is close to the bike path and downtown, and an open floor plan and floor-to-ceiling windows make the two-bedroom unit feel much larger than its 2,000 square feet. Luxe touches include Brazilian cherry floors, custom wallcoverings, and a walk-in closet with a high-quality, built-in storage system.
Listing agent: Julie Winger, Kentwood Cherry Creek