Welcome to Belcaro
Nestled just south of Cherry Creek South and north of Bonnie Brae, lies exclusive, tiny Belcaro. What it lacks in size, it makes up for in grandeur.
While similar to its luxury sibling on its southern border Bonnie Brae, it’s a bit more private with many homes featuring a design flair. Where Cherry Creek North feels hip and vibrant, Belcaro feels secluded and private — providing the rare combination of country-living vibe in the heart of the city.
The neighborhood gets its name from the mansion of Lawrence C. Phipps, who developed much of the neighborhood. Phipps chose “Belcaro” (Italian for “dear one”) as the mansion’s name, but it is generally known as the Phipps Mansion.
Lifestyle Attributes + Real Estate Data
- Schools: The elementary school serving Belcaro is outstanding: Cory Elementary (where my kids go to school!). GreatSchools rates it a nine out of 10! Merrill Middle School and South High School both serve this area and have GreatSchools ratings of five.
- Walk Score: 44. This is bike or car territory.
- Transit Score: 39.
- Average Sold Price: $2,349,256
- Average Days in MLS: 61 days
- Average price per total square foot: $482
- Top sale in last year: 3433 E Kentucky Ave, Denver, CO. $5,000,000. Sold on 9/30/21.
Stats: 12 months history through September 2021. (10/1/20 – 9/30/21).
Buying in Belcaro
Buyers can expect to pay between $2 and $3 million for homes in Belcaro. The median home price in the neighborhood for the 12 months through this mid-April was $2 million.
Buyers typically have sophisticated home tastes with a desire to own a home designed by certain architects and to showcase their homes’ unique layouts and their art collections when hosting.
Selling in Belcaro
Given that many of Belcaro’s homes are distinctive and architecturally-noteworthy, sellers should find an agent who can get their home featured in a luxury home magazine. This will raise appeal with buyers in this area perhaps more than in any other.
The advertising plan should include a mix of print and online — luxury, private homes like the ones common in Belcaro work best with a different marketing mix than most other Denver neighborhoods.
It’s also wise to target a nationwide audience — the luxury circles from which area buyers emerge are typically national. This means sellers and their agents should include a heavy dose of out-of-state advertising.
Additional Details
Belcaro’s generous sized lots contribute to is private vibe. Home are also distinguished by custom-built homes with notable builders, designers and architects.
Who lives here
Those who want a private lifestyle. Residents are likely to socialize at the Denver Country Club and at Cherry Creek establishments.
