This under-construction Denver home will be hitting the market for $25 million.
ALVAREZMORRISAn under-construction compound in Denver is set to debut on the market Wednesday for $25 million, Mansion Global has learned.
With that sizable price tag, it’ll be the priciest home publicly listed for sale in the city and across its wider metropolitan area, according to listings on property portal Zillow.
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Roughly 15 minutes from downtown Denver, the in-progress property—dubbed Clearview Farm in a nod to its far-reaching mountain views—spans 15 acres in Cherry Hills Village, an upmarket spot that placed fourth in a ranking last year of the wealthiest places in the U.S.
Though right in the middle of Denver, the enclave has a rural feel and its setting is among the home’s biggest selling points, according to listing agent Susie Dews of Compass.
“It’s in this little oasis right in the middle of Denver,” Ms. Dews said. “It's a special little pocket.”
The property’s main house will be an almost 14,000-square-foot spread constructed from concrete, glass, zinc and partially wrapped in Shou Sugi Ban—cedar that has been charred in a traditional Japanese technique that protects the wood.
Currently, the property is very much a construction site—a certificate of occupancy is expected to be in place by the end of July, and completion is set for early fall.
When finished the house will have amenities including poured concrete floors, a sprawling great room with 22-foot ceilings and walls of glass, custom-made windows shipped from Italy, wide-plank flooring imported from Denmark, and every room will have views of the outdoors, according to Ms. Dews.
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Elsewhere on Clearview Farm will be a pool and a spa, along with an already-completed 2,620-square-foot guest house that served as a prototype for the main house.
The owner of the property, a limited liability company, paid $11 million for the lot in 2015, at which point there was a seven-bedroom farmhouse on the land, records with PropertyShark show. The seller could not be reached for comment.
“I really think it's going to catch the attention of people looking to relocate,” Ms. Dews said. “Denver has been such a draw to people with very, very high net worths. It was before Covid, and now, the amount of money that's pouring into Denver is amazing.”
Property prices in the city jumped 20.1% year over year in April, according to a recent market data report from Redfin, which also found that properties sold exceptionally fast. On average, homes in Denver found a buyer after just five days on the market, the report said.
This article originally appeared on Mansion Global.
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Denver’s Most Expensive Listing Will Soon Be This $25 Million New Build - Barron's
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