This Week in Central Park Denver Real Estate 5.24.24
In Central Park this week there are 17 new listings, 20 that went under contract, 12 that sold and 78 total active listings. We’ll show you all those and more in this week’s update as we head into the long holiday weekend!
Before we dive into the local real estate, we want to share a few of our latest community events and blog posts with you.
“Central Park Open House Extravaganza” – Jeff Nazzaro from our team is organizing this for our team as well as for agents from other companies that have listings in Central Park. If you’re looking for a home and enjoy seeing them through open houses, you’ll want to check out Jeff’s event!
Builder Update: Infinity Homes (May 2024) – Rebecca Fawcett from our team brings you the scoop on the last 5 Infinity new build homes available in Central Park! If the timing isn’t right for one of those, she can also tell you about what Infinity is building in “Lyric”, a new neighborhood on the South side of Denver!
How Should I Price My Rental to Optimize My Income? – At Focus we help people buy and sell in Central Park, but we also manage rental properties in the area. In this post, we’ll discuss our thought process for pricing our rental properties to maximize income without causing costly vacancy. If you’d like to chat about having us manage your Central Park home you can set up a chat with me here.
Want to stay in the know on Central Park? Follow the Central Park Scoop on Facebook, IG and YT!
On to the neighborhood real estate…
New Listings
This week 17 new and coming soon resale listings came along in Central Park. You can see those in the link above.
Below are 3 you won’t want to miss!
5839 Galena St: $1,549,000
This stunning Infinity “Vive 2” floor plan sits on an over-sized South-facing lot across from a massive green space with majestic city and mountain views! It’s directly across from the North Sports Fields, nearby Splash Landing Pool, Highlands Park/Pump Track, playgrounds and a multitude of trails! It features 5 beds (4 upstairs!), magnificent kitchen with a separate bar, finished basement, custom front patio, amazing backyard oasis with covered patio, additional fireplace and massive door connecting the outside to the inside. Want to see more? Check out my casual tour of the main level, the 360 self-guided tour or this awesome drone footage highlighting the location and the home! I’m listing this home and my contact information is at the bottom of the post if you’d like to reach me with questions or to set a showing.
3562 Xanthia Ct: $870,000
Open House Saturday May 25th from 12:00 – 2:00PM
This is your chance to own a classically modernized 4-bed, 3.5-bath Wonderland home on a west-facing corner lot with a main-level primary, a finished basement, 2-car garage, and a backyard deck! Ready to enjoy the Colorado summers! Perfectly poised on a large established courtyard with lush grass and gardens filled with colorful flowers, this home in Central Park North showcases a beautifully unique open main level with exposed beam, solid hardwood floors, and curated lighting throughout. The true heart of the home is the timeless and elegant, fully updated kitchen. From the classic hex marble backsplash and customized white cabinetry to the quartz counters, and an on-trend accent island with glass and gold pendant lighting – this kitchen has it all. A hidden butler’s pantry allows additional counter or coffee bar space! Blocks to Jet Stream pool, shopping, and light rail for an easy commute! Want more info? Come to the open house this Saturday May 25th from 12-2pm.
2235 N Verbena St: $739,989
Listed by our friend Ken Greenfield with Corcoran Perry & Co, this gorgeous Central Park two story home has a massive side yard! Check out the picture above, you can’t find a home with this size yard in the $700k’s! It’s definitely what caught my eye initially, but then you see the inside of the home and it’s wonderful as well! This popular Yorkshire floor plan has a sunken living room with a couple of steps up to the dining room and kitchen. The kitchen features cherry cabinets with under cabinet lights & pull out shelving, new quartz countertops, SS appliances, new under mount sink & faucet and a pantry. The house has been professionally painted recently- interior and exterior and fence. The carpet and LVP were installed in 2020. The 2 car attached garage is finished, painted and has a radon mitigation system. 2 additional parking spaces in the driveway, a bonus in this neighborhood. The private courtyard is managed by a secondary HOA. This HOA covers the water for the private yard as well. The yard sets this house apart. It was professionally landscaped and has plenty of room for the next owner to create the outdoor living spaces needed. The lot is an “alley corner” with no neighbors to the east, providing privacy and open views to the neighborhood. For more info on this one you can stop by and see Ken at his open house this Saturday 5/25 from 10:00am -1:00pm.
Under Contract Homes
There were 20 homes that went under contract in Central Park in the last week. Of the under contract listings, 8 of the 20 went under contract in the first week. That leaves 12 that took longer and many of those took 3-4 weeks to sell. This tracks with what we’re seeing overall, some homes sell that first week, but many take a little more time…which is historically very normal! It actually still indicates we’re in a seller’s market. The market was just so used to all homes selling essentially right away the last few years that we’re now having to help sellers adjust mentally to homes sometimes taking a month or so to sell.
Sold Homes
There were 12 homes that closed in the past week, in a variety of price segments. One take away from looking at these is there is no rule of thumb you can say about what a home will sell for compared to it’s list price. Multiple homes sold below asking price, but you also had several that went over asking price. Each listing and situation needs to be looked at on a case by case basis to decide how much to offer on a home, and a good local agent can help with that!
All Active Homes
There are 78 total resale active resale listings on the market in Central Park right now.
Here are a few of our current active listings we wanted to make sure you saw!
5833 Galena St: $1,559,000
Listed by me, Joe Phillips of Focus Real Estate, for $1,559,000, this highly upgraded 5 bedroom/ 4.5 bathroom Infinity “Vive 1” sits on an oversized South-facing lot directly across from 8 acres of green space in the North End. This one-of-a-kind Infinity, offers wide-plank hardwood floors, 8’ windows, a dedicated office with mountain views and a finished basement. The main level’s open floor plan is showcased by the magnificent chef’s kitchen with a herringbone Carrera marble backsplash, soft-close white cabinetry, an oversized island with Calcutta Clara quartz counters and top-of-the-line appliances. If you love Infinity homes, this one is for you! Want more info? Check out the 360 tour, the fun drone video highlighting the location and the home.
9907 E. Martin Luther King Jr. Blvd, #103: $460,000
Listing by Mariel Ross with Focus Real Estate for $460,000, this fantastic corner unit 2 bedroom, 1 bath condo with laundry room, 2-car attached garage and no stairs, in Eastbridge north. Directly across from the Central Park Rec Center and just blocks away from a plethora of dining and shopping options at Eastbridge Town Center and Stanley Marketplace, this ultra-central condo offers a premier location!
For Rent Homes
We understand everyone is not wanting to buy and some prefer to rent for now. We help busy people with their real estate needs in the neighborhood, whether they want to buy, sell, rent, or need property management. In the link above you can find all the homes for rent on Zillow in Central Park!
Know anyone that needs help managing a property in Central Park? We’d love to help and we’re always looking for owners that need help caring for their home while they focus on their other priorities. You can learn more about us on our pricing and services page or sign up here for a chat about your situation.
That’s it for our update this week! Have a great weekend and please reach out if we can help with any real estate needs in Central Park. Happy Memorial Day weekend!
**Focus sells homes for a 2.0% – 2.5% listing commission. Neighborhood experts, flexible commissions**
Disclaimer: Our Friday real estate updates are meant to be a “roundup” type post where we discuss all listings in Central Park, not just our own. It’s our way of making sure we follow the market closely and we share it with the Scoop readers because we know many of you like to track real estate in the area as well. Many of the listings in these posts are not our company’s listings and we wanted to mention that here to make sure it’s clear. Thanks for reading the Scoop!
