A Boulder penthouse, located at 1155 Canyon Boulevard, recently sold at $5.3million- listing it as the most expensive property sold in metro Denver in the third quarter. Sold to a non local buyer, broker Barb Silverman, of Fuller Sotheby’s International Realty (FSIR), cultivated the sale, which was whisked off the market in record time.
“The penthouse did not even have a chance to reach the MLS before the offer was submitted,” said Silverman, who attributes the rapid sale of the property with her affiliation with the Fuller Sotheby’s International Realty network. “This sale was a great combination of timing and superior Sotheby’s branding. As I prepared the listing for market our Sotheby’s networking reach provided access to the perfect buyer,” said Silverman.
The penthouse features moveable glass walls that open to expansive views of the Flatiron mountains, impeccable landscaping, and sleek hardwood floors throughout.
With over 27 years of experience in the real estate industry, Silverman’s commitment to excellence and integrity are evident in her transactions. Relying on her knowledge and understanding of the variables involved in today’s real estate market, she was able to successfully position the penthouse property on the market to sell quickly.
Silverman holds several of the industry’s most prestigious designations; the Graduate of the Realtor Institute designation, the Certified Negotiation Expert Designation and Certified Luxury Home Marketing Specialist certification.
With a Bachelor of Fine Arts degree from the University of Colorado, Silverman has successfully combined a career in interior designer with real estate. An allied member of the American Society of Interior Design (ASID), Silverman adds a trained eye to all aspects of home staging and renovation, which was evident in her recent sale.
“When I viewed the property I had some suggestions and changes that we implemented,” said Silverman. “The property has indoor and outdoor gardens. The outdoor garden was abundant and flourishing and the indoor garden, in my opinion, needed to be more sophisticated. We brought in beautiful succulent plants with a simpler profile and combined them with smooth black rocks to create a sleek, native appeal. The effect was dramatic and enhanced this very special property.”
For more information, contact Barb Silverman at 303.886.5329¬. To service all of your real estate needs visit www.fullersothebysrealty.com.
Denver, Colo., October 26, 2014 – The term “dream home” is loosely used in the real estate industry, but seldom a property hits the market that is inspired by a true dreamer. Designed by Walter S White, nestled in the foothills of the Black Forest, in Colorado, is a home for sale created by perhaps the most famous architects of his time.
White was an inventor and industrial designer. Throughout his career he was known for his independence and lack of pretension. The homes he created are some of the most architecturally savvy on today’s market.
Specializing in unique homes with a focus on solar energy and steel structuring, White has masterfully incorporated both elements into the Ventanas home.
Spanish for windows, Ventanas, is truly one of a kind. With more than 300 windows, the aptly named home combines two of White’s most recognized innovations; pivotal windows capable of heat exchange, and the hyperbolic paraboloid roof system. The Ventana home is one of classic White design. “The home has an incredible architectural style and design and inarguably an international or global feel to it,” said Wanda Ford, listing broker at Fuller Sotheby’s International Realty.
The outside perimeter of the house is all glass, shaped in a ¼ arc, featuring 340 degree views of the front range with views centering on Pike’s Peak and the Spanish peaks rising from the southern plains. Every spring and fall the windows are pivoted around their vertical axis to position the solar glass panes either toward the inside or outside, to heat or cool the house as necessary.
The Ventanas property is constructed of steel beams anchored in concrete. The roof is carried by the steel beams so that there are no supporting interior walls on the upper level and the 10 degree curved pitch of the solid fir roof is designed to promote the flow of air from the lower to upper windows to cool the home naturally in the summer. The unique features of the home include a secondary glass-walled summer home 90 feet from the house. The elevated steel beam and glass constructed home sits tree-top, providing the best view for watching tennis matches below on the regulation tennis court.
Original pieces from White’s mentor adorn the home, including sliding panels to separate the main living area from the dining room, designed by Frank Lloyd-Wright for his Lake Geneva Hotel, in which they were once installed.
Ventanas is co-listed with Wanda Ford and Doug Oskinksi of Fuller Sotheby’s International Realty. Listed at $1,950,000, Oskinksi believes it to be one of his most unique listings.
“It represents an opportunity to own something you don’t typically see in Colorado. Clean, contemporary architecture taking advantage of expansive front range views on acreage is just something you don’t see often. It’s a rare find,” he said. “Similar luxury homes in different cities would command a much higher price point, especially designed by such a unique architect.”
Taylor Heslop is the latest addition to the Fuller Sotheby’s International Realty office in Cherry Creek, where he serves as a broker associate and realtor for metro Denver and the surrounding areas. With years of experience in finance and banking, Heslop brings an unparalleled level of service and keen understanding of current industry trends to Colorado’s real estate market.
In only six months since joining Fuller Sotheby’s International Realty, Heslop has produced just under $4 million in sales, with properties under contract projected to push his sales to nearly $5 million by the New Year.
“Taylor Heslop has an energy and professionalism that is contagious,” said Shannel Ryan, managing broker of Fuller Sotheby’s International Realty.” With astounding success in such a short time frame, we are very enthusiastic about supporting his career and watching him continue to break industry records.”
With eleven recent transactions, successfully conducted, Heslop’s accomplishments within the real estate market have not gone unnoticed. “Even before we signed Taylor as our realtor he took his time to send us listings and keep us informed of the market conditions. If he put in 100% before becoming our realtor, he put in 200% after,” said Thomas Koth, client. “His level of dedication, effort, patience, understanding and drive makes the selling and buying process easy. Taylor is organized, prepared, honest, on time and ahead of the curve! I recommend for any and every real estate transaction you’ll have.”
Taylor prides himself on looking after the best interest of his clients, as well as for utilizing his creativity and eye for design to reveal any property’s potential. With spirited determination and confidence, Heslop manages sales, closings and home purchases from start to finish, specializing in homes of various price points.
“I recently sold a stunning home in the LoHi area. The original list price was $625,000 but after negotiations, I was able to get my client under contract for $575,000. He’s still so thrilled with his purchase, he constantly sends me new listings in the area to remind me of the amazing property he purchased at such a reasonable price,” said Heslop.
As a native Coloradan, Heslop holds a Bachelor of Science degree from the University of Colorado at Denver, where he studied business management and economics. Like any true Colorado native, Taylor enjoys living an active outdoor lifestyle and being involved in his local community.
For more information, contact Taylor Heslop at 720-663-8545. To service all of your real estate needs visit www.fullersothebysrealty.com.
Betts Lake, with luxury low-maintenance ranch-style homes in Colorado Golf Club, shows great views and a spectacular course chosen for the Solheim Cup last year — but Fuller Sotheby’s agent Mimi Sturtevant says one of the main factors that lured four buyers to purchase homes there last month alone was seeing how new, open ranch architecture looks in comparison to the dated, compartmented ranches buyers see in resale areas.
Fuller Sotheby’s invites you behind the gate at Colorado Golf Club today and this weekend to see a walkout ranch – one with Mediterranean stone and timber trim, a tile roof, troweled interior walls, and a lavishly appointed kitchen with premium appliances, alder cabinets, and solid-state granite tops.
You’ll get to sample some culinary creations by Colorado Golf Club’s Executive Chef Bob Burden; and Sturtevant can arrange a tour of the 44,000-square-foot clubhouse and the location of the swimming pool complex that’s coming soon.
Floor plans designed by Colorado’s award-winning TKP Architects, along with the 24/7 security at Colorado Golf Club, combine for a lock-n-leave lifestyle, ideal for somebody with a winter place in California or Arizona. Betts Lake is five minutes from a King Soopers; 20 minutes from DTC along southeast I-25 – but has a sense of seclusion that many buyers, particularly ones arriving from out-of-state, want now.
The model home open this weekend includes a 4-car garage and finish possibilities in the walkout basement – options many buyers are going for.
“These plans offer great flexibility for matching spaces to your lifestyle – loads of options for configuring guest suites, home offices and outdoor living spaces,” Sturtevant adds. “These are amenity-rich homes, so there are very few upgrades that you’d likely want to make.”
Sturtevant can also show you custom homesites from one-and-a-half to four-and-a-half acres in Colorado Golf Club starting, in the $300s. Finished homes on custom lots range from $2 to $6 million, including lot price. Meanwhile, “new” at Betts Lake goes beyond the homes. Recent buyers also say they specifically like the new clubhouse at Colorado Golf Club, set against the 7,604-yard course by Ben Crenshaw and Bill Coore. Memberships are available.
A $10,000 club incentive is available to both Betts Lake home and custom lot buyers through Oct. 31 only. Take E-470 to Parker Road, head south five miles to Stroh Road, then east to the entry drive, and south to the club entrance and gate for a map.
WHERE: Betts Lake at Colorado Golf Club, luxury-sized walkout ranch-style homes set against mountain views across 9-acre lake in one of Colorado’s most coveted golf clubs; 44,000-foot clubhouse; $10,000 incentive toward club membership. 8749 Eagle Moon Way, Parker; take E470 to Parker Rd., south 5 mi. to Stroh Rd., east 1 blk to entry drive; south to entry gate for map
PRICE: From $895,000
Whether you seek a sophisticated cosmopolitan lifestyle in a bustling metropolis, a small community with a distinctly rural flavor or a picturesque mountain town nestled in the foothills of the Rockies – quality of life is important and you are the master of that destiny.
Luxury and beauty are two very different things. Beauty is subjective and luxury, a choice. When searching for your dream residence it is important to consider the lifestyle that fits you best, yet not rule out one totally different from the norm. In this edition of Insider, we offer you a snapshot of Colorado’s best luxury lifestyles, and invite you to discover your own.
Executives in Denver’s highly competitive professional network know differentiating yourself among top power players can be the greatest challenge.
A top real estate broker in an ambitious luxury market, Fuller Sotheby’s International Realty (FSIR) broker, Jeff Hendley, has done just that with his nomination as Finalist to Denver Business Journals 2014, Power Book, which aims to identify Denver’s most influential business leaders. With categories ranging from finance to architecture to commercial real estate, Hendley is a top contender.
Known for creating markets, not working within them, Hendley is an innovator. He intently studies trends and pushes prices to new levels by controlling large portions of inventory in the areas he sells. “I focus on the basic theory of economics and push values higher using leading indicators instead of lagging indicators,” said Hendley. “I don’t focus on past sales as a way to price new homes, anyone can do that. I want to create a new market benchmark and set prices to a point that are higher than what the market may warrant at the time.”
Jeff was recognized as one of the top producers in the Denver area by the Denver Board of Realtors. He is an expert on neighborhood trends, specifically his aggressive approach to seeking homes for clients not yet listed on the general market.
Jeff specializes in and around golf communities such as Cherry Hills, Glenmoor, Colorado Golf Club, Denver Country Club, Pinery and Pradera. It doesn’t hurt he likes to golf. “When you work in the areas you love to be in anyway, it never feels like work. I always carry my clubs with me. There have been many times when I’m showing houses and my clients shift gears and want to go play golf instead. No problem,” said Hendley.
The Power Book is an exclusive look at business leaders in 14 industry categories who were prominent in the news over the last year or who warrant recognition for recent business accomplishments. Jeff Hendley was announced a finalist under the Residential Real Estate category.
The Taylor Estate, where royalty and heads of state have been guests, has been listed for sale for $27.7 million – the highest priced home in Denver, by Fuller Sotheby’s International Realty’s The Wolfe Group and Tye Stockton of Ascent Sotheby’s International Realty.
Located on approximately 122-acres in Lakewood, Colo., the property has one acre zoning with agricultural status. It includes a 14,000 square foot English manor-style 26-room home designed by Burnham Hoyt. Built in 1932, the home features dual master suites with nine additional bedroom suites. Eleven fireplaces appoint the home, with a paneled library, banquet size dining room and a staff wing. A four-car attached garage and three staff cottages are also onsite.
Situated on Ward Lake with 1,100 feet of waterfront, boating privileges are shared with just 10 families. The lake offers fishing, a beach, a lake cottage with dressing rooms and a fireplace, and a dock. Mountain views are plentiful from the estate which includes a stable, dressage ring and two barns, a tennis court and an outdoor pool.
“This estate has been owned privately for more than 60 years, since the Taylors bought it in 1951,” said Nancy Wolfe, who along with her husband, Fred, has co-listed the property with Tye Stockton. “Unless you were personal friends of the Taylor’s or dignitaries, you wouldn’t have known the property was there.”
The estate was home to the late Vernon “Moose” and Ann Taylor, who also owned homes in Vail and Montana. Mr. Taylor was an executive with Westhoma Oil Company and a well-known philanthropist. Mrs. Taylor got her pilot’s license at 18, was an accomplished equestrian, qualified for the 1940 U.S. Olympic Team and designed women’s skiwear.
Just 20 minutes from downtown Denver, the property is hidden away on the top of a knoll. There are unobstructed mountain views on one side of the property and the entire property is lined with century-old evergreen, oak and linden trees. Renowned Jane Silverstein Ries, Colorado’s first licensed woman landscape architect, designed the original landscaping. The original plans are part of the archives at the Denver Public Library.
“This estate has a storied past,” said Wolfe. “Great Britain’s Princess Anne was a guest in 1982, followed by a visit by her father, Prince Philip, in 1987. Henry Kissinger has been a guest here, along with many other world leaders.”
In fact, in 1997 when the Denver Summit of Eight was held in the Mile High City, the wives of the world leaders were guests at the Taylor Estate.
“The Taylor’s traveled the world and brought back art and furniture for their home, and some of those pieces will be left with the home,” Wolfe added. “It has been impeccably maintained and is truly an amazing property.”
The possible future owners for the property could be another family or high profile executive like the Taylor’s who have many visitors coming to Denver, Wolfe said. Or, because of the secluded fully fenced location with a security gate entrance, it could be someone who enjoys his or her privacy.
“This is one of the few historical homes in Denver, because it is a fairly young city,” said Wolfe.
The Taylor Estate is the highest priced home on the market in the greater Denver area. It is the most significant listing in Colorado since the Boot Jack Ranch sold for $46.5 million in 2010.
The Wolfe Group has earned recognition by a number of industry organizations, including being named Denver Board of Realtors “Top 10” Team from 2000 through 2013, and by the Wall Street Journal and RealTrends in 2011 and 2013. For more information, contact Nancy Wolfe at 303.324.0825.
Tye Stockton, with Ascent Sotheby’s International Realty in Vail, has completed approximately $110 million in real estate sales between 2010-2012, and has earned recognition as the #1 producing broker in Vail. He currently represents the Vail Resorts Development Company as the lead listing agent for the new Ritz Carlton Residences-Vail, in addition to approximately $150 million of privately-owned, luxury, real estate properties in the Vail Valley.
By, Steve Blank, managing broker of Fuller Sotheby’s International Realty’s downtown Denver office
Denver was the fastest moving housing market throughout the country in July according to the National Association of Realtors (out of 140 metro areas). It only took an average of 27 days to sell a home, compared to about 2 months nationally.
Denver has experienced a “good energy” market since the first quarter of 2012 and continues to impress, as we close the third quarter of 2014. The reasons are no longer hazy or complicated after nearly 3 years of positive and consistent growth;
- 1) The supply of available inventory for sale has not met current demand.
- 2) Interest rates have remained very attractive, and
- 3) Consumer confidence continues to improve.
From a strictly real estate investment viewpoint, Denver has experienced approximately 30% price appreciation since the first quarter of 2012, making it a nationally known emerging city with optimistic designs for the future. Figures from our local Metrolist, covering the seven county metro area, show the average price of a Detached Single Family home in January of 2012 was $272,500 compared to $373,800 this past July (up 38%), while Average Time (to sell) on the Market dropped from 103 days to 27. The Attached Condo/Townhome market also enjoyed similar improvement with prices rising from $151,000 (in 1/12) to $223,100 this July.
Buyers and Sellers can both position themselves to take advantage of and be competitive in this progressive climate. Although most consider this to be a sellers market, buyers can help themselves by:
- 1) Take the initial time to get pre-qualified for financing and accompany your offer to buy with a pre-approval letter from a respected lender.
- 2) Ask your Realtor to learn the sellers preferred dates for closing and possession.
- 3) Keep all your contract contingency dates efficient for inspections, approvals etc.
If a home has the potential to sell quickly, then sellers may want to prepare themselves appropriately as well. Before, and during the time your home is for sale, it is prudent to check out first choice neighborhoods so that you are ready to select a new home once yours goes under contract. For most people, it is preferable to sell before buying a new home. That said, finding that home can happen quickly or may take a month or two. Temporarily, you might prepare to store furniture and rent a furnished apartment or hotel space. However in a sellers market it’s quite possible to negotiate an extended closing date out for 60 or more days allowing time to find a suitable new home. If you have the ability to buy without selling the current home, the issue becomes more about preference than money.
Other reasons Denver continues to be so competitive is that it was ranked #1 in the nation for employment and earning opportunities in the most recent WalletHub.com survey. Denver was compared to the 150 largest U.S. cities using 18 different metrics including: number of new businesses, increased median household income, home price appreciation, foreclosure rate decrease and the drop in the employment rate (5.3% compared to the national average hovering over 6%). And it gets even better when you introduce characteristics such as the weather, recreational opportunities, all major sports, the educated populace, more parks per capita of any major city, many cultural venues, concerts, average age of 33 years old, good public transportation (and improving), eco-friendly city and state, and oh yeah…the mountains in winter and summer.
Denver and Colorado have become a desired destination location not only because it’s so enjoyable to live here, but because it is regarded as economically bright and promising. The secret is out!