3 notable recent Cherry Creek North Home Sales
The year’s winding down, but real estate activity has not totally disappeared. Cherry Creek North is poised for a hot 2019, which is why I’m keeping a close eye on one of my core neighborhoods.
Below are the three most notable recent sales in Cherry Creek North. On the luxury end of the spectrum, they all spent some time on the market and sold below original list price, an indicator of Denver’s cooling luxury real estate market.
317 Garfield Street — 3 beds, 5 baths, $2.0 million
Sold in November for just under $2 million, this four-story duplex townhouse is an absolute gem. This home captures what Cherry Creek North style is all about — modern design, lots of natural light and upscale finishes.
First listed for $2.175 million in April 2018, the sellers lowered the price to $1.995 million in May and went under contract in October. The sale closed on Nov. 30.
520 Cook Street — 5 beds, 6 baths, $1.8 million
This townhouse on Cook Street is hard to miss. Built in 2016, the masterpiece built by Redhawk Development has three floors of great design, with bedrooms and bathrooms on each floor.
It hit the market in April 2018 for $1.9 million and went under contract in September for $1.8 million after an August price drop. The sale closed on Nov. 7 at 4 percent original list price.
325 Monroe Street — 0.29 acres development opportunity, $3.0 million
The two duplexes at 325-335 Monroe Street (encompassing addresses 325, 327, 333 and 335 Monroe Street) sold as a development property for $3.0 million on Dec. 3. They certainly don’t look like much now, but expect these residences to come down and magnificent new townhomes to crop up sometime in 2019 or 2020.
As I’ve written before, Monroe Street is Cherry Creek North gold. I’m sure the new properties will be wonderful and fly off the market. I’ll be keeping my on these and will report updates as they come.