July 11, 2026 - 18:59

The top of the market in Denver's Belcaro neighborhood saw two major transactions in June, with both properties closing for more than $8 million. Leading the list was a five-bedroom residence on Cedar Avenue, which sold on June 3 for its full asking price of $8.5 million. The home, situated in one of the city's most sought-after enclaves, features classic architecture and extensive updates throughout its spacious floor plan.
The second-highest sale in the area also came from Belcaro, with another estate trading for just over $8 million. Both properties attracted buyers looking for privacy and proximity to the city's core, a combination that continues to drive demand in this upscale pocket of Denver. Real estate agents noted that homes in this price range often take longer to sell, but the right location and condition can still command full price.
These transactions highlight a resilient luxury market, even as overall home sales have slowed in other segments. Belcaro, known for its large lots and mature trees, remains a favorite among wealthy buyers who value space without leaving the city. The two sales together represent one of the strongest months for high-end real estate in Denver this year.
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