Colorado Real Estate News

December News Recap 2020

While Denver had another historically low month of inventory, our Kentwood Real Estate brokers remained busy. Both Denverites and Denver transplants were looking to find homes that fit their new lifestyles, wanting more open and flexible space for that work-life balance.

Kentwood Real Estate was featured in various articles in December, covering a variety of topics including our spectacular listings, significant sales, and real estate advice we have to offer.

·  12/20/2020, KUSA-TV: “Cherry Hills Village European-style estate with pool house hits the market for $7.9M

·  12/20/2020, Denver Business Journal: “Cherry Hills Village European-style estate with pool house hits the market for $7.9M

·  12/20/2020, MSN: “Cherry Hills Village European-style estate with pool house hits the market for $7.9M

·  12/10/2020, The Denver Post: “Penthouse between Cherry Creek and downtown views a center city poised for a comeback

·  12/1/2020, Luxury Real Estate: “Kentwood Real Estate Announces Significant Sales, Totaling Over $43 Million

·  12/1/2020, Luxury Real Estate: “6 Ways You Win by Working with a Real Estate Agent

Don’t forget to follow us on social media for real-time updates on all things Colorado Real Estate!

Colorado Real Estate News

November News Recap

Among other things, significant listings, prestigious awards, and McGregor updates are featured in the November news recap. Check out the articles below that featured Kentwood Real Estate brokers, staff and listings!

As your trusted experts, remember to follow us on social media to receive real-time updates on all things Colorado Real Estate.

Colorado Real Estate News

Kentwood Real Estate Announces Significant Sales for Month of October, Totaling Over $43 Million in Sales Volume

Kentwood Real Estate is pleased to announce the sale of homes that sold in October for over $2,000,000.  The listings and sales had a total sales volume of over $43,000,000.

“Our passion is to inspire people to dream about the next steps in their life journey,” said Gretchen Rosenberg, president and CEO of Kentwood Real Estate. “Our belief is always rooted in the philosophy that we accomplish more together. This guiding principle, coupled with the exceptional real estate expertise of our brokers, has continued to position our brand as the preeminent source for luxury real estate in Colorado for four decades.”

The significant sales in the month of October for Kentwood Real Estate are as follows: 

Kentwood Broker Associate Linda Hantman represented the seller of a six-bedroom, 11 bath, 11,922 square-foot home in Cherry Hills Village Neighborhood that sold for $4,600,000. Located on 2.5 private acres, this premier residence offers a gracious floor plan that includes vaulted ceilings, cathedral windows, and architectural details throughout the home. Two staircases lead to the upper level featuring a private master bedroom suite with a fireplace, sitting room, marble bath, his/her walk-in closets, and a balcony. This home highlights exceptional Colorado living with a finished basement that includes a wet bar, wine cellar, theater room, billiard room with fireplace, bedroom, and full bath. The spacious, professionally landscaped gardens and grounds are complete with a private outdoor pool with a deck, hot tub, and spa, and a pool house with bath, gas fireplace, built-in gas grill, pergola, and numerous patio seating areas ideal for year-round indoor and outdoor entertainment. 

Kentwood Broker Associates Jon & Peggy Gordon represented the seller of a four-bedroom, four-bath, 7,040 square-foot home located in the lovely Hilltop Neighborhood that sold for $2,350,000. Kentwood Broker Associate Gina Lorenzen represented the buyer of this home. Situated in one of Hilltop’s best locations, this stunning custom home features a first floor with a grand open living and dining room with ten-foot ceilings, a dramatic limestone-surround fireplace, and custom built-ins and sets of french doors from the dining room leading to a large covered patio and beautiful backyard. Rounding out the main is a beautiful study and powder room. The second floor, with dramatic high ceilings, features a master suite, huge master bath, and large walk-in closet, along with two more bedrooms, each with its own bath. The basement is delicately finished and flowing with the rest of the home, making this residence an entertainer’s dream.

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Kentwood Broker Associate Jill Schafer represented the seller of a four-bedroom, four-bath, 7,384 square-foot home in Cherry Hills Village which sold for $2,350,000. This spectacular, solitary 2 acre home in Cherrymoor features a peaceful pond and is located on a corner lot, adjacent to a bridle path that leads to only one neighbor. The overall floor plan features a large original kitchen that opens to a casual dining area or hearth room and floor to ceiling windows that host views of the pond. The expansive living room features a stunning wall of windows and sliders that lead to a balcony overlooking the backyard. The main floor master suite has a walk-in closet and a five-piece bath. Located upstairs are two expansive bedrooms and a bath, as well as a massive unfinished space where the owner can add-on. The walk-out lower level with a game room, a bedroom, bath, workshop, and a large amount of storage, makes this a breathtaking lot in one of Cherry Hills Village’s finest neighborhoods. 

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Kentwood Broker Associates Ann Kerr & Charlotte Connolly represented the seller of a five-bedroom, eight bath, 6,452 square-foot home in The Buell Mansion which sold for $2,344,000. This rare modern beauty is an elegant and stylish design that meets with warm and comfortable living spaces. With floor to ceiling windows, the entire home is bathed in light with contemporary architecture on a corner lot that hosts multiple patios and balconies, and thoughtful landscaping. The open concept main floor, designer kitchen, and formal dining with a temperature-controlled wine closet are just a few of the additional perks, along with a spacious master suite with his/her closets, steam shower, and a balcony overlooking the backyard. Finishing with a private and secluded guest suite, this home has been meticulously maintained with thought going into every design element. 

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Kentwood Broker Associate Jim Rhye represented the seller of a five-bedroom, six-bath, 4,607 square-foot home in North Country Club that sold for $2,320,000. This light, classic brick Georgian home sits majestically on Williams Parkway, one of Denver’s premier streets. In 2016, a major renovation was completed to this residence, making the home turn-key and ready to move in. Inside, there is a sparkling white kitchen with a large marble center island that opens to the family room, which hosts a fireplace and views of the landscaped outside. There are five bedrooms and six beautifully updated baths, plus a wood-paneled office. Majestic trees and a large parkway make for enjoyable short strolls to Cherry Creek.

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Kentwood Broker Associate John Fitzpatrick represented both the buyer and the seller of a six-bedroom, six-bath, 8,960 square foot home in The Preserve that sold for $2,320,000. Located in the Estate Section of the Preserve on 1.9 manicured acres, this property contains a traditional floorplan featuring a main floor master suite, and a finished walkout basement with two more large bedrooms, and a recreation room with a wet bar and fireplace. Separate billiard or pool room and lower study are also featured in the floor plan. With full deck access, the backyard overlooks the heated and filtered pond and pool, and a fire pit and hot tub. Close to the Highline Canal Trail, residents enjoy all the amenities of the Preserve with a large pool, tennis courts, and party pavilion. 

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Kentwood Broker Associate Sana Wood represented the seller of a five-bedroom, five-bath, 4,940 square-foot home located in the beautiful Washington Park neighborhood that sold for $2,299,000. Kentwood Broker Associates Gayle Glucksman & Tiffany Glucksman Appel represented the buyer of this home. A stunning residence, this home offers unique features like an open floor plan, gourmet kitchen, and a large family room with an oversized folding door that leads to the back patio. The main floor hosts a study or office and a gorgeous private master suite with heated floors and a master bath, while the upstairs features two additional upstairs bedrooms with ensuite baths, as well as a laundry room. Included in the floor plan of this home is a finished basement with a wet bar area, an exercise room, and plenty of space for family and game room. 

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Kentwood Broker Associate Chuck Gargotto represented the seller of a five-bedroom, five-bath, 7,672 square-foot home located in Cherry Hills Village that sold for $2,200,000. Kentwood Broker Associate Josh Steck represented the buyer of this home. This beautiful Georgian style residence in Old Cherry Hills was built from the ground up, with the master bedroom and three additional bedrooms located upstairs, and a finished lower level and lovely outdoor patios below. This two-story home features a large living room and dining room, high ceilings in every room, an open chef’s kitchen, and a family room which both open to the pergola covered backyard patio and fire pit. The finished basement contains high ceilings, a recreation room, home theatre, exercise room, wine room, and the fifth bedroom and bath. 

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Kentwood Broker Associate Julie Winger represented the seller of a four-bedroom, four-bath, 5,389 square-foot home located in the Park Hill neighborhood that sold for $2,150,000. This custom home features amazing living space and light with groove beadboard ceilings, and an open floor plan that hosts a spectacular grand entryway with a two-story, sky-lit atrium. On the main floor, the kitchen comes equipped with every bell and whistle and leads to an incredible master bedroom suite. Three additional bedrooms are located upstairs, and exceptionally high-end finishes and exquisite details can be found throughout the entire home, such as gorgeous quarter sawn white oak floors, multiple antique and custom stained glass pieces, and transom windows on all bedroom doors. Outside hosts professionally landscaped outdoor spaces, including an in-ground, heated pool, and delightful lounging space with a spacious patio for dining and hanging out by the fire pit. 

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Kentwood Broker Associate Edie Marks represented both the buyer and the seller of a six-bedroom, seven-bath, 5,665 square-foot home in Cherry Hills Village that sold for $2,148,400. The brick English Tudor sits on over 2 acres of land and displays panoramic mountain views from Pikes Peak to Longs Peak. Hardwood floors, exquisite transitional cabinetry, and extensive built-ins make this home ideal for its new residents. The “Prairie Style” windows and doors not only bring the mountain panoramas in, they bathe every room in filtered light.

Kentwood Broker Associates Bobbi Lou Miller & Jennifer Dechtman represented the seller of a four-bedroom, six-bath, 5,710 square-foot home in Cherry Creek North that sold for $2,100,000. An art lover’s dream home, this contemporary residence hosts soaring ceilings and natural light. The singular master suite has a roomy master bath that includes warm floors and a television in the mirror, and a kitchenette to round it all out. The distinctive and spacious gourmet kitchen is equipped with five dishwashers, a Miele master chef oven, three U-line refrigerators, and custom cabinets with a hidden walk-in pantry. The adjoining and well-lit artist studio or exercise room catches the north light. An elevator to all levels makes every room accessible, and the separate outside entrance provides space for an ideal home office, nanny, or guest suite. 

Kentwood Broker Associates Greg Margheim & Kelly Sophinos represented the seller of a five-bedroom, eight bath, 7,330 square-foot home in Polo Reserve Neighborhood that sold for $2,070,000. The idyllic gated community is among the best Colorado has to offer. This one-owner home has been meticulously maintained and is situated on a private cul-de-sac lot with mature landscaping, private patios, a fabulous pool, and a firepit designed for year-round entertainment. European inspired, this residence boasts five bedrooms and eight baths with a main floor office or library and a true cook’s kitchen with state of the art appliances that include a 300+ bottle wine closet as well as a full-size butler’s pantry. The upper level includes a library, four bedrooms with attached baths, a steam shower, his and her water closets, and a large walk-in closet. The fully finished walk-out basement hosts a large recreation room, bar, exercise room, steam shower, guest bedroom with bath, and plentiful storage. The oversized, side load, six-car garage with lift is the icing on the cake for this beautiful home. 

Kentwood Real Estate also represented the buyers of one luxury homes that sold in October as follows:

  • Kentwood Broker Associate Elizabeth Sacerdoti represented the buyer of a home in The Buell Mansion that closed for $2,800,000.

Colorado Real Estate News

October News Recap

From winning awards to a crazy housing market, October was a great month for Kentwood Real Estate. See the list of articles that Kentwood and our brokers were featured in.

Colorado Real Estate News

Kentwood Real Estate’s Amy Herrington Wins Bronze Stevie® Award

The Stevie® Awards shine an international spotlight on women executives, entrepreneurs, employees and organizations run by women. 

Kentwood Real Estate is proud to announce that Amy Herrington,  Director of Agent and Staff Services at Kentwood Real Estate, was recently awarded a prestigious 2020 Bronze Stevie® Award in the “Female Employee of the Year Business Category,” which recognizes the achievements of non-executive female employees.

One of the world’s premier business awards, The Stevie® Awards were founded in 2002 to honor and generate public recognition of the achievements and positive contributions of organizations and working professionals worldwide. 

A Kentwood veteran of 22 years, Amy Herrington’s accolade comes as no surprise to everyone who has the pleasure to work with her. Building on her career as a real estate assistant when joining Kentwood, Amy moved up the ranks to become the brokerage’s chief liaison between the company and individual brokers. Amy’s position continuously ensures brokers are educated and supported by the brokerage’s resources and programs, like updating individual marketing strategies, maintaining compliance, program implementations, and more.

Through the years, Amy’s relentless dedication to both broker and customer service has been critical to the success of Kentwood and is one reason the company has a record longevity rate for brokers that averages over 17 years at the company. A brokerage of 240 top-producing brokers, Amy has a dynamic and challenging role, yet always finds time to ensure she and Kentwood positively impact the local community to help neighbors in need.

Amy is credited with starting Kentwood’s annual “Adopt-a-Family” program. The now 21-year old program is a beloved Kentwood institution, where Amy leads partnerships with nonprofits and local government services to identify families in need of support through the holiday season. Last year alone, Kentwood donated 96 gifts, meals, and Christmas trees to single mothers and 36 families through the “Be the Gift” organization. This year Amy furthered the company’s alliance with HomeAid Colorado to assist the homeless in Colorado and helped administer food deliveries to COVID front-line workers.

“Amy’s success as a Kentwood employee is absolutely a testament to her personal character, and we are thrilled to learn that she has earned a Stevie® Award,” said Gretchen Rosenberg, President and CEO of Kentwood Real Estate. “Her significant and impactful contributions to aiding our clients, as well as those in need, guides Kentwood’s deep roots in the community and belief that “we accomplish more together.” Our clients and community know they can count on Kentwood staff, thanks in large part to Amy, for advice and support that drive tangible results for their personal businesses and beyond.”

In 2020, more than 1,500 nominations from organizations and individuals around the world were submitted for consideration in various categories, and more than 180 business professionals working in seven specialized judging committees determined the Gold, Silver, and Bronze Stevie Award winners. The 2020 Stevie® Awards ceremony will take place virtually on December 9th at 2:00 pm MST. To learn more about Kentwood Real Estate and Amy Herrington, visit www.Kentwood.com.

Colorado Real Estate News

Kentwood Real Estate Announces Diversity, Equity and Inclusion Council

In its commitment to addressing homeownership disparity in Colorado and the real estate industry, Kentwood Real Estate has formulated a Diversity, Equity and Inclusion (DEI) Council. The council is actively identifying and executing on initiatives to help underserved communities and to educate the brokers and staff through education, community activation and engagement, and by influencing policies.

“Diversity, equity and inclusion within our brokerage and our neighborhoods has always been a top priority to our leadership team,” said Gretchen Rosenberg, president and CEO of Kentwood Real Estate. “The DEI (Diversity, Equity and Inclusion) Council is a place to create conversations in safe open dialogue. We want to unite the company, learning about our differences, and highlighting how this makes us stronger. We want to create a regular cadence of internal communication about opportunities for engagement in the community at large and in National Association of Realtors® affinity organizations.”

Members of the DEI Council are as follows:

Education is at the heart of the program. The DEI Council is planning an all-company panel on a range of topics tied to diversity, equity and inclusion. Furthermore, every broker in the company, plus a guest of their choosing, will be encouraged to attend at least one function per year with affinity or community groups. The ‘plus-one’ program will encourage brokers to tap into their sphere of influence to both expand education in the community and facilitate a level of comfort for people stepping into new situations.

On more granular levels, the DEI Council is examining all touchpoints within the company to find ways to ensure the brokerage is addressing diversity, equity and inclusion at every level – from translating homebuyer and seller books into Spanish, to confirming the equal housing guidelines are optimally represented on all marketing material.

Kentwood Real Estate is a proud member of the Asian Real Estate Association of America (AREAA), the Colorado Association of Hispanic Real Estate Professionals (CAHREP), the National Association of Hispanic Real Estate Professionals (NAHREP®) Denver Chapter, the National Association of Gay & Lesbian Real Estate Professionals (NAGLREP) and the National Association of Real Estate Brokers (NAREB). Kentwood Real Estate is passionate about and committed to advocating for diversity, equity and inclusion in the housing industry and beyond. To learn more about Kentwood Real Estate and available listings, visit www.Kentwood.com.

Colorado Real Estate News

September News Recap

September was a busy month for Kentwood Real Estate. See below for the list of articles in which Kentwood or our agents were featured! Remember to follow Kentwood on social media to get real-time updates on Kentwood news highlights!

Colorado Real Estate News

Significant Sales for September 2020 Totaling Over $42 Million in Sales Volume

Kentwood Real Estate is pleased to announce the residences that were sold by Kentwood Brokers in September 2020 priced over $2,000,000. The listings and sales had a total sales volume of over $42,000,000.

“Kentwood Real Estate is made up of 240 Broker Associates serving homebuyers and sellers all along the Front Range of Colorado,” said Gretchen Rosenberg, president and CEO of Kentwood Real Estate. “They are among the top Realtors in the nation, producing more sales volume per agent than 99 percent of all real estate companies in the U.S. Their knowledge and expertise in real estate is so valuable, and I’m honored to work alongside these consummate professionals.”

The significant sales in the month of September for Kentwood Real Estate are as follows:

Kentwood Broker Associate Wendy Glazer, part of the Denver’s Top Team, represented the seller of a 7 bedroom, 7 bath, 7,882 square-foot home in the beautiful Crestmoor Park Neighborhood that sold for $3,325,000. The sensational estate features a blend of modern and traditional architectural styles, starting with the 20-foot tall ceilings upon entering the massive mahogany front door that leads you to a floating staircase with a natural stone wall feature. The open floor plan showcases a large black-coated fireplace, and a gorgeous kitchen with two white marble quartz kitchen islands made for entertaining. Outside, enjoy Denver’s fine weather with folding glass doors, totally opening up to a heated back patio, a fireplace, and a BBQ island looking out onto the professionally landscaped and manicured yard.

Kentwood Broker Associate Edie Marks represented both the buyer and the seller of a 6 bedroom, 7 bath, 10,457 square-foot home located in The Preserve in Greenwood Village that sold for $2,900,000. The extraordinary craftsmanship of the executive home features a perfect blend of spaces for major entertaining and comfortable family living. The ¾-acre site boasts magnificent trees, a pool, fabulous waterfall and an exceptional outdoor kitchen. From its exceptional location backing to the Nature Preserve, this home has a unique combination of panoramic views and privacy.

Kentwood Broker Associate Blake O’Shaughnessy represented the seller of a 6 bedroom, 6 bath, 5,614 square-foot home in Bonnie Brae that sold for $2,880,000. The absolutely stunning custom-built Chalet home on one of the very best blocks in all of Bonnie Brae has remarkable craftsmanship. The perfectly blended architectural details are showcased as you enter the gracious foyer with paneled walls and a neutral-textured palette. The interior features a beautiful formal living room, home office, stately dining room with dry bar, and gourmet eat-in kitchen with designer finishes, a large marble island, and a walk-in pantry. The adjacent spacious family room with fireplace, coffered ceilings, and abundant light offers excellent flow for entertaining. The huge professionally-landscaped backyard comes complete with two entertaining patios, a built-in grilling station, and a fireplace. This home offers not only privacy and style but grand elegance in a truly spectacular setting.

Kentwood Broker Associate Nancy Nielsen represented the seller of a 5 bedroom, 5 bath, 6,506 square-foot home in Cherry Hills Village that sold for $2,843,050. The dramatic architectural custom masterpiece was designed by renowned architect Sears Barrett. Built on extra-deep caissons down to bedrock, this one-of-a-kind estate offers a tranquil Colorado lifestyle on over two lush acres with spectacular panoramic mountain and valley views. The welcoming entry opens to a great room with a wall of windows and features reclaimed wood floors, 16-foot wood beam and plank ceilings, a fireplace, and glass doors leading to an amazing peaceful outdoor living space. The circular staircase leads to the upper-level loft and private north wing with three bedrooms, each with private baths, balconies, and amazing views.

Kentwood Broker Associates Sandy Weigand and Chuck Gargotto represented the seller of a 5 bedroom, 7 bath, 7,595 square-foot home in The Preserve that sold for $2,525,000. Kentwood Broker Associate Gina Lorenzen represented the buyer of this home. The beautiful Tom Sattler-built modern French Country designed home has a gracious stone and stucco exterior for stunning curb appeal. The interior quality is evident throughout with knotty alder wood scrapped edge cabinetry, granite, and white oak flooring. The floorplan features a family room with high-volume beamed ceiling and beautiful stone fireplace and a richly-appointed main floor study. The finished basement offers a large family recreation space, a 1,000-bottle wine cellar, two baths, and the fifth bedroom.

Kentwood Broker Associate Edie Marks represented the seller of a 3 bedroom, 5 bath, 4,908 square-foot home in Cherry Creek North that sold for $2,195,000. Kentwood Broker Associate Sandy Weigand represented the buyer of this home. Located on one of Cherry Creek North’s premier streets, close to everything, but out of the congestion, this extraordinary home is pristine. Designer Jan Turner Hering of Newport Beach, California is responsible for the exceptional finishes and appointments that define the stunning architectural features throughout.

Kentwood Real Estate also represented the buyers of seven luxury homes that sold in September as follows

  • Blake O’Shaughnessy represented the buyer of a home in Denver Country Club that closed for $3,575,000.
  • Kentwood Broker Associates Ann Kerr & Charlotte Connolly represented the buyer of a home in Cherry Hills Village that closed for $2,775,000   .
  • Kentwood Broker Associate Josh Steck represented the buyer of a home in Buell Mansion that closed for $2,530,000.
  • Kentwood Broker Associates Kevin Garrett & Matt McNeill represented the buyer of a condo in Greenwood Village that closed for $2,494,000.
  • Kentwood Broker Associates Jennifer & Todd Markus represented the buyer of a home in Greenwood Village that closed for $2,475,000.
  • Kentwood Broker Associates Jennifer & Todd Markus represented the buyer of a home in The Preserve that closed for $2,092,500.
  • Kentwood Broker Associate Stock Jonekos represented the buyer of a condo in Cherry Creek North that closed for $2,075,000.

Notably, in 2019, Kentwood Real Estate represented four of the top 10 highest-priced home sales in metro Denver, more than any other brokerage in the top 10, according to REColorado data. To learn more about Kentwood Real Estate and available listings, visit www.Kentwood.com.

Colorado Real Estate News

Denver’s Housing Market Remains Tough For Buyers As Inventory Remains Low

September 2020 revealed the toughest market to buy a home in metro-Denver’s history. Housing inventory can’t keep up with the buyer demand, putting us in a very strong seller’s market. The average price for both single-family and condo homes in Denver hit a record high.

“It is incredibly difficult for buyers today, they’re just having to work like crazy,” said Jill Schafer broker at Kentwood Real Estate. “People are having to put all their cards on the table.”

Click here to hear more about the Denver housing market, and what else the DMAR October Market Trends report revealed.

Link: CBS4 Denver – Denver’s Housing Market Remains Tough For Buyers As Inventory Remains Low

Colorado Real Estate News

As single-family homes get snatched up, downtown condo listings stack up

While you may have heard that homes are being sold quickly and at record prices, one piece of the Denver real estate market doesn’t quite compare. The downtown condominium inventory continues to rise, and the prices continue to drop.

Read the full article in BusinessDen, and see what our Kentwood City Properties broker, Dee Chirafisi, has to say about the downtown market. Dee has been working in the downtown market for over 25 years now and shares her expertise on the subject, and what she believes will happen in the coming months.

Read the full article here: As single-family homes get snatched up, downtown condo listings stack up