Five most expensive real estate deals

A Walmart heir’s purchase of properties in Cherry Hills Village last month easily took the No. 1 spot amongst local residential sales in May.

Ben and Lucy Walton, acting as Terra Nevada LLC, purchased four parcels in Cherry Hills Village for $22 million on May 11, according to property records. Walton is the grandson of Walmart founder Sam Walton.

The Waltons purchased four parcels on East Stanford Avenue and South Vine Way. Arapahoe County records indicate the combined site is nearly 8 acres with three homes.

The properties were sold in an off-market deal by Stanford & Vine LLC, which is managed by local wildcatter William D. Armstrong, the CEO of Armstrong Oil & Gas, records show.

It’s the second priciest residential sale ever in the metro area, trailing only Russell Wilson and Ciara’s purchase in April of a Cherry Hills Village home for $25 million, which BusinessDen was the first to report on.

Here are the next four priciest local home sales from May, according to MLS:

Courtesy of LIV Sotheby’s International Realty

This mansion on Countryside Lane in Cherry Hills Village came in at No. 2 on the May top home sales list with a price of $13 million.

Countryside Lane mansion, Cherry Hills Village: $13 million

Designed by Denver-based Boss Architecture and completed in 2014, this 10,070-square-foot mansion was built with seamless indoor-outdoor living in mind, according to a previous listing.

It features four bedrooms, seven bathrooms, floor-to-ceiling sliding glass walls throughout that open onto a central outdoor courtyard, a small covered terrace with an outdoor fireplace, a guest house, a Koi pond and a Japanese soaking tub.

The buyer was Willy Walker, CEO of Maryland-based real estate financing firm Walker & Dunlop, which has been ramping up operations here since it acquired JCR Capital in 2018.

  • Listing agent: Christina Good with LoKation Real Estate
  • Buyer’s agent: Trish Bragg and Maggie Armstrong with LIV Sotheby’s International Realty
This 11,029-square-foot Hilltop mansion features five bedrooms and seven bathrooms.

Courtesy of LIV Sotheby’s International Realty

This 11,029-square-foot Hilltop mansion features five bedrooms and seven bathrooms.

Hilltop mansion in 4300 block of E. Cedar Ave.: $8 million

This 11,029-square-foot Hilltop mansion was designed by Boulder-based Left Hand Design Group and built by the Brown Development Group in 2018. It blends the feel of a Beverly Hills home with nature-inspired elements to create a Colorado aesthetic with custom finishes and amenities around every corner, according to the listing.

There are five bedrooms, seven bathrooms, a custom rainbow onyx fireplace in the living room, a sound-proof music studio, a speakeasy with wood-paneled walls from a Chicago bar frequented by Al Capone, a saltwater infinity pool and hot tub, a putting green and a rooftop deck.

  • Listing agent: Christopher Bouc and Ian Wolfe with LIV Sotheby’s International Realty
  • Buyer’s agent: Holly Carpenter with LIV Sotheby’s International Realty
This Greenwood Village home sits on 2.51 acres with five bedrooms and nine bathrooms.

Courtesy of Guide Real Estate

This Greenwood Village home sits on 2.51 acres with five bedrooms and nine bathrooms.

Greenwood Village mansion in 2500 block of E. Willamette Lane: $6 million

Sitting on 2.51 acres in Greenwood Village, this 11,849-square-foot mansion features five bedrooms and nine bathrooms. Outside, there’s a swimming pool with a water slide, hot tub, custom-built fire pit, terrace and garden.

The finished basement includes a wine room, exercise room, wet bar, theater, office, billiards area and storage. There’s also a heated garage with a studio space.

  • Listing agent: Cliff Manley with Guide Real Estate
  • Buyer’s agent: Douglas Kerbs with LIV Sotheby’s International Realty
This 8,687-square-foot home in Boulder features six bedrooms and six bathrooms.

Courtesy of Compass-Boulder

This 8,687-square-foot home in Boulder features six bedrooms and six bathrooms.

Boulder mansion in 5800 block of Woodbourne Hollow Road: $5.9 million

May top home sales: $13M Cherry Hills deal No. 2 after $22M spree

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