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Working all the angles. A double-sized condo at Cherry Creek’s Monroe Pointe views the mountains

A hot market for real estate is generating some interest in very urban properties—ones with advantages for a new world of work-from-home

Mark Samuelson, Real Estate columnist for The Denver Post.
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Getting your player ready...

The hot market for real estate thatap followed the Covid pandemic is reaching beyond the range of suburban single-family homes, generating interest in very urban properties, as well—ones that show advantages for a new world of work-from-home.  RE/MAX Masters agent Arnie Stein will show you one of those by appointment in Cherry Creek’s landmark Monroe Pointe building—the one that shows contemporary ship’s-prow architecture across Cherry Creek N. Drive from the Cherry Creek Trail corridor.

Suite 405 at Monroe Pointe is a rare double-unit, custom designed from two footprints on the building’s fourth floor, and incorporating that iconic point that juts out on the building’s south side, into its floor plan.  The unit is high enough, Stein notes, to provide views across the top of the park to the mountains; and picks up southerly views as well.

Stein, who put the home on the market this past week, was pleasantly surprised to get a rush of showings when it went live, some to people right in the building waiting to move up.  The price, $2.150 million, is right in line with activity this year, he says.  One just went under contract at Monroe Pointe for $1.7 million, without the exceptional size this one has—over 3,200 sq. feet.

In addition to its two bedrooms, the unit also shows attractive locations for WFH—including a huge, nicely appointed study with loads of built-ins with cabinets and a desk. “Itap definitely the nicest luxury condo I’ve listed,” he says.  “Newer properties in Cherry Creek are a million-plus more, going for over a thousand-a-foot.”

As in other parts of the market, out-of-town competition is already visible—with one showing going to an East Coast buyer with family here.  Stein will show the unit by appointment.

The news and editorial staffs of The Denver Post had no role in this postap preparation.

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