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Part of the comeback story for Denver real estate has been the success of Solterra, the Tuscan-styled master planned community near Red Rocks Park, where the trails and scenery are up so close that a sizable portion of sales have gone to buyers leaving hot downtown areas like Highlands and Wash Park. Now Cardel Homes is getting set to build 100 townhomes at Solterra – at prices that are a fraction of where the shank of those Solterra sales have been since the market’s turnaround.

You can be on hand this weekend as Cardel shows two plans for roomy townhomes – each sized around 1,700 square feet, plus an attached 2-car garage and basement storage, offering options for three bedrooms or two-plus-a-study. Prices right now start at $368,900 and $374,900.

To put that in perspective, all by itself Cardel has sold 40 single-family homes in Solterra since the first of the year, at prices from around $100,000 more than that. “You’re not going to find anything here at this price point,” said Katie Salvatore, who’ll be on hand with Lynette DuVall at Cardel’s Solterra information center to show you the plans.

“To get close, you’re looking at 12-year-old resale homes that aren’t part of Solterra’s master plan,” Salvatore adds.

What’s required to get some of that action is to buy now and plan your move for late this year – pretty much standard operating procedure in a market where new homes are selling as fast as the older ones are. And you don’t get to see any finished models yet (they’ll be done in fall).

How about if you decide to wait until you can actually see inside some models? “We could see five or six price increases by the time those models are done,” says Cardel’s Salvatore. Builders are already seeing that kind of inflation in area single-family homes this year.

What you CAN see now is the quality of the amenities that draw buyers here from city neighborhoods ten miles east – trails that reach into Hayden/Green Mountain open space, a couple of minutes from the more dramatic routes into the Dinosaur Ridge and Red Rocks Park. Up the street from Cardel’s neighborhoods is Solterra’s resort-styled ‘Retreat’ community villa with pool; styled like a Tuscan Village, just as these townhomes will be.

Commute time into downtown Denver, meanwhile, is around 15 or 20 minutes; and to new St. Anthony Hospital and Lakewood’s Restaurant Row along Union Street, just five minutes.

You can also check out the size and features of these plans – entertaining areas wide open to patios or veranda-style decks; kitchens with granite tops and 42-inch upper maple cabinets, and hardwood floors reaching out to the dining areas. And you can contemplate some prospective monthly homeowner fees that sound minuscule by Denver city standards: around $140 a month, including for the metro district that wraps in all of the master-planned amenities.

These are REAL townhomes, by the way – you own the ground below. Solterra is off Alameda Avenue in the western part of Lakewood, beyond Green Mountain. To see how you’d fit in, take C-470 either north past Morrison or south from I-70 to the Alameda exit; head one mile east to Indiana, then turn south a mile on Indiana to Wesley.

WHERE: Solterra Townhomes by Cardel Homes, Tuscan-styled townhomes with 2-car attached garage, basement storage space, in master-planned community with trails, resort-styled community center & pool; 2-bedroom-plus loft & 3-bedroom, 1,688-1,693 sq. ft.; presale pricing. 15209 W. Baker, Lakewood; take C-470 either north past Morrison or south from I-70 to Alameda Pkwy, turn east 1 mi. to Indiana, then south 1 mi. to Wesley

PRICE: From $368,900

PHONE: 303-984-0006

WEB:

Mark Samuelson writes on real estate and business; you can email him at mark@samuelsonassoc.com.You can see all of Mark Samuelson’s columns at DenverPost.com/RealEstate. Follow Mark Samuelson on Twitter:
@marksamuelson