$3,295,000
NEW CONSTRUCTION

Estimated payment $18,679/month

Total Views 6,245
5 Beds
5.5 Baths
5,592 Sq Ft
$589 Price per Sq Ft

Highlights

  • Home Theater
  • New Construction
  • Contemporary Architecture
  • University Park Elementary School Rated A-
  • Open Floorplan
  • Living Room with Fireplace

About This Home

NEARING COMPLETION - JUNE 2025! Experience award-winning architecture in Observatory Park, crafted through a brilliant collaboration between Dwell Developments and Godden Sudik Architects. Poised on a 7,500 sq ft lot, this custom home blends bold design with refined luxury and includes a Builder INTEREST RATE BUY DOWN. From the striking contemporary façade to the richly layered interiors by Capital Designs, every detail is curated for sophistication. Inside, 7” wide-plank hardwoods span the main and upper levels, creating a warm, modern foundation. The chef’s kitchen impresses with a full Thermador appliance suite, including a 60” paneled fridge/freezer, natural stone + quartz countertops, custom cabinetry, walk-in pantry, and an additional prep kitchen. Twelve feet of sliding glass doors connect the living room to a covered patio with gas fire pit—perfect for seamless indoor/outdoor entertaining. Upstairs, a sunlit staircase leads to a stunning primary suite with vaulted ceilings, exposed beams, spa-like 5-piece bath, floor-to-ceiling tile, and dual walk-in closets. Each of the four upper bedrooms has its own en-suite bath. The upper-level laundry is equipped with cabinetry and a utility sink. The finished basement delivers a full experience—fireplace, sleek wet bar with wine wall, media/rec room, gym/flex space, and a guest suite with en-suite bath. Professionally landscaped with irrigation, mature trees, and new fencing. Smart home pre-wire includes surround sound + security camera infrastructure. All just minutes from Cherry Creek’s vibrant shops and restaurants, with easy access to I-25. FLOORPLANS and property website:

Listing Agent

Celeste Ballerino

RE/MAX of Cherry Creek Brokerage Phone: 303-916-6200 License #40028932

RE/MAX of Cherry Creek

Co-Listing Agent

Janice Lastrella

RE/MAX of Cherry Creek Brokerage Phone: 303-916-6200 License #040017718

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,469

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 7,500 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Property is zoned U-SU-C

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Smart Garage Door

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • Concrete Block And Stucco Construction
  • Radon Mitigation System

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Data
  • Built-In Features
  • Bar Fridge
  • High Ceiling
  • Double Pane Windows
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Bonus Room
  • Game Room
  • Utility Room
  • Laundry Room
  • Home Gym

Kitchen

  • Double Self-Cleaning Convection Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Quartz Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • 1 Bedroom in Basement

Home Security

  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Smoke Free Home
  • Solar Heating System

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Exterior Lighting
  • Outdoor Gas Grill

Location

  • Ground Level

Schools

  • University Park Elementary School
  • Merrill Middle School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Observatory Park Subdivision

Listing and Financial Details

  • Exclusions: Staging furniture after completion, if staged.
  • Property held in a trust
  • Assessor Parcel Number 5253-08-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,469

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Structure Type: House
  • Levels: Two
  • Year Built: 2025
  • Above Grade Finished Sq Ft: 3838
  • Entry Location: Ground
  • Exclusions: Staging furniture after completion, if staged.
  • Living Area: 5592
  • Property Condition: New Construction
  • Directions: Google Maps is best.
  • SubdivisionName: Observatory Park
  • Co List Office Mls Id: RECREM50
  • Co List Office Phone: 303-320-1556
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Plans
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 4
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 1
  • New Home Community URL: www.2435SouthJosephine.com
  • Attribution Contact: 303-916-6200
  • Special Features: NewHome

Interior Features

  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Wine Cooler
  • Fireplaces: 2
  • Interior Amenities: Built-in Features, Entrance Foyer, Five Piece Bath, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Radon Mitigation System, Smart Thermostat, Smoke Free, Utility Sink, Walk-In Closet(s), Wet Bar, Wired for Data
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Living Room, Recreation Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Finished, Full
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1754
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation Details: Slab
  • Roof: Membrane
  • Construction Materials: Brick, Concrete, Frame, Other, Steel Siding
  • Exterior Features: Fire Pit, Gas Grill, Gas Valve, Lighting, Private Yard
  • Patio and Porch Features: Covered, Front Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: 220 Volts, Concrete, Insulated Garage, Smart Garage Door
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Solar
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: 5253-08-015
  • Lot Size Acres: 0.17
  • Fencing: Full
  • Building Area Total: 5592
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3469

MLS Schools

  • Elementary School: University Park
  • High School: South

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,007 $37,960 $33,150 $4,810
2023 $3,469 $44,770 $33,150 $11,620
2022 $2,886 $36,290 $31,260 $5,030
2021 $2,786 $37,340 $32,160 $5,180
2020 $2,590 $34,910 $30,370 $4,540
2019 $2,518 $34,910 $30,370 $4,540
2018 $2,233 $28,860 $28,790 $70
2017 $2,226 $28,860 $28,790 $70
2016 $2,405 $29,490 $29,412 $78
2015 $2,304 $29,490 $29,412 $78
2014 $1,728 $20,800 $19,184 $1,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 For Sale $3,295,000 -- $589 / Sq Ft
Source: REcolorado®

Deed History

Date Type Sale Price Title Company
Warranty Deed $850,000 Land Title
Warranty Deed $320,000 Land Title Guarantee Company
Warranty Deed $270,000 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,000,000 New Conventional
Previous Owner $209,760 New Conventional
Previous Owner $256,000 Purchase Money Mortgage
Previous Owner $57,600 Stand Alone Second
Previous Owner $216,000 No Value Available
Source: Public Records

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Source: REcolorado®

MLS Number: 4490882

REcolorado®

APN: 5253-08-015