Soaring construction costs. A great migration. Pandemic-driven housing needs. All of these factors have converged to create what Deviree Vallejo calls the perfect storm for a sizzling Denver housing market. As a real estate advisor with LIV Sotheby’s International Realty, Deviree focuses on luxury residential properties with an expertise in new construction and more than 15 years of specialized experience. She notes that it’s a sector that’s just as buzzing and electric as the market as a whole.
“Denver has been a destination for cross country buyers at an even higher rate over the last year,” Deviree says. “And demand does not appear to be diminishing anytime soon.”
A boom in the luxury market in particular—as well as the increased popularity of walkability to urban amenities—is coming to fruition through the development of several new construction projects throughout Denver. From artful modern townhomes and technologically attuned abodes to sprawling designer properties, we spoke to Deviree about three of Denver’s most noteworthy new and in-progress developments.
King’s Row West
Ideally perched on the cusp of Sloan’s Lake, this innovative townhome development caters to a broad market of potential buyers, from empty nesters and second homeowners seeking a lock-and-leave option to first-time homeowners upgrading from their downtown Denver apartments.
“These units are not your typical townhomes,” Deviree says. “They showcase interesting architectural details and unique floorplans that are outside the norm, yet highly functional and designed to allow an abundance of natural light.”
The design of the townhomes is a sterling practice in blending chic simplicity with elevated style. Each unit features thoughtful designer finishes throughout, and integrated smarthome technology amplifies the modern convenience.
Deviree’s favorite feature? The private rooftop decks—perfect venues for tranquil relaxation and enjoying dramatic sunsets over Sloan’s Lake. The development is currently under construction and expected to be completed in the fall of 2021.
North Pointe Ten
Designed by the award-winning Alvarez Morris Architecture Studio, North Pointe Ten represents the ultimate oasis for luxury living in Denver’s sought-after Cherry Creek North. Characterized by contemporary elegance, effortless flow and seamless connection to the outdoors, the development consists of 10 attached urban residences that are co-listed with LIV Sotheby's International Realty brokers Liz Richards and Josh Behr.
The homes’ distinct styles are complemented by glorious mountain views unobstructed by floor-to-ceiling glass walls. Luxurious details and amenities abound, from the immaculate kitchen and the marble-laden primary bathroom to the bonus living area with a wet bar.
Deviree notes that a variety of buyers will find luxury living bliss in the inimitable design, à la cart concierge services and unrivaled urban placement of this development.
“The location of these residences is absolutely fantastic,” Deviree says. “If you want an ideally walkable location close to luxury amenities, exciting retail and fantastic dining, this is the best option in the city.”
Phase One of the development is already sold out, but Phase Two homes are available for reservation with expected completion in 2022.
1065 S. Madison
A single-family home situated in the Belcaro/Lakota Heights locale, this stunning property was intentionally designed to encourage connections, both to the outside and between each of the interior living spaces. A highly versatile home with gorgeous visual appeal, it is voluminous, open and exemplifies everyday luxury in an effortless setting.
“The floorplan is highly functional and conducive to a lot of activity for an active family,” Deviree says. “The design features include a spacious mud room, eat-in kitchen, formal dining room, main floor office, third floor flex space, rooftop terrace and a finished basement with an entertainment and bar area. It’s ready to meet any of its residents’ needs.”
Perhaps the most striking conversation piece in this home, and a work of art in and of itself, is the main floor wine room—glass-enclosed and ready for residents to showcase their vintage collection. Currently under construction, the home is expected to be completed in early 2022.