Denver Real Estate Blog

University Park, a.k.a. Observatory Park, features wide streets and elegant homes, making it “one of Denver’s top” locations.

Some grumble about DU students living in rentals, mainly on the west side of the neighborhood. That challenge isn’t likely to diminish soon - several large, student-oriented housing projects are under construction along South University Boulevard.

The 2,300-household neighborhood is bounded by Interstate 25, East Yale Avenue, South Colorado Boulevard and South University Boulevard, a central location in the metro area.The No. 1 selling point is the location - you’re 10 minutes from downtown and 10 minutes from the (Denver) Tech Center. according to most. Also, two light-rail stations are nearby. Listings in the area range from $205,000 to $2.3 million, due to a wide variety of home sizes, ages and architectural styles, according to Adams, a 25-year resident of the neighborhood.

Since 2003 the area has seen a dramatic increase in land values and home prices. It is like University Park has really been discovered.The neighborhood’s crown jewel is the two-block- wide Observatory Park, known for its rugby and softball fields and home to the University of Denver’s Chamberlin Observatory. The Romanesque domed structure, completed in 1894, is listed on the National Register of Historic Places. Many of the neighborhood’s first stately homes were built along the park in the late 1800s for DU professors and faculty. The university - home to Magness Arena, the Newman Center for the Performing Arts and the Coors Fitness Center - is one of the main amenities mentioned by residents. Many also take advantage of the numerous eateries that line South University Boulevard, including Pete’s University Cafe and Mustard’s Last Stand.

On the opposite side of the neighborhood, a major new retail center is nearly complete on the northwest corner of South Colorado Boulevard and East Evans Avenue. Office Depot opened there recently, and a Vitamin Cottage market and two restaurants are coming soon.Like many older Denver neighborhoods - including Washington Park and Park Hill - many of University Park’s cozy bungalows are being snapped up and scraped to make way for much larger homes.

REAL ESTATE

If you would like additional information about the Denver Real Estate area in Denver Colorado as well as anywhere in Denver Metro Area contact us at 1-800-791-3990 ext 232.

Jeffery McClintock, is a real estate broker in Denver and prides himself on providing clients with professional guidance in all phases of residential new construction, including market research, product development, consulting, marketing and advertising. His personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your real estate needs. He believes, the most effective way to provide superior service is to build a strong working relationship with you. His system includes regular consultations and feedback, which is the best tool for identifying and clarifying your real estate objectives and help define strategic solutions.