Living north or south of town is all the rage, and two recent home sales in Westminster and Castle Pines prove it.
But not everyone’s into the outskirts: A ranch home in Bow Mar, which straddles Arapahoe and Jefferson counties, was so desirable, it wasn’t listed.
Here’s a look at each:
The Ranch Reserve
Xcel Energy’s new chief executive, Richard Kelly, a Colorado native, bought a house in Westminster so he and his wife, Robin, can spend more time here.
Kelly, named to the post in June, paid $2.25 million for a house in The Ranch Reserve. He’s splitting time between Xcel’s Minneapolis headquarters and its Colorado offices, a spokesman said.
The Kellys purchased the 6,800-square-foot home from Marie Callaway of Bosch Marketing Group, which is marketing the neighborhood.
Fourteen builders constructed homes there ranging from $675,000 to $3.6 million.
Never on the market
Bill and Christine Lundquist, owners of the Monster Vac duct-cleaning company, never listed their ranch-style five- bedroom home in Bow Mar. The buyers came anyway.
“As soon as the word went out that we were selling, people knocked on our door. It was never on the market,” Bill Lundquist said.
Kerry and William “Skip” Warburton, a trading manager for Concord Energy, recently purchased the home, which sits on a 1.15 acres, for $1.825 million.
The property has a swimming pool and a large yard with mature trees that afford privacy, Lundquist said.
The Lundquists, who have two children, owned it for five years before golf’s call became too strong. They built a home in Parker’s Pradera golf community.
A good investment
Re/Max Alliance real-estate agent Derek Kliner stumbled onto the house he bought on Buffalo Ridge Way while driving through the neighborhood.
Kliner, 39, specializes in selling homes in Castle Pines North. He relocated his family about a mile from the Hidden Point neighborhood.
The neighborhood, which is gated and near a golf course, was more of an attraction than the four-bedroom, four-bath house.
“It was a spec home,” Kliner said. “We saw it at the frame stage and didn’t know what the finishes would be. My wife took that chore on.”
The Kliners paid Design Living LLC $997,600 for the home, which they view as a good investment.
