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Boundaries:
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Bonnie Brae
University Boulevard on the West, Exposition Avenue on the North, Steele
Street on the East, and Mississippi Avenue on the South
Belcaro
Steele Street on the West, Exposition Avenue on the North, Colorado
Boulevard on the East and Mississippi on the South.
Polo Grounds
University Boulevard on the West, Alameda Avenue on the North, Steele
Street on the East, and Exposition Avenue on the South |
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Bonnie Brae
In 1870 the Kansas Pacific Railway was given
a 3 million acre land grant to build a railway to Denver. The area
now known as Bonnie Brae was part of that grant, which the railroad
eventually sold as farm land. In the early 1920’s, George Olinger
obtained the property. Olinger, in addition to being one of Denver’s
leading undertakers, also owned Associated Industries, which, among
other interests, was involved in land development.
Landscape architect S. R. DeBoer planned Bonnie Brae as if were a
Scottish Village, abandoning the grid pattern street in favor of
curvilinear streets.
The name “Bonnie Brae”, Gaelic for “Pleasant Hill” was borrowed from
a subdivision in Kansas City visited by Olinger. By 1924 the first
homes were built in the community, and by April 1925 with the
filings for Bonnie Brae being complete, the city of Denver was given
title to the property now know as Bonnie Brae Park. Shortly after George Olinger sold out Associated Industries, the new
owners looted the company for over 5 million dollars in a local
scandal that resulted in prison terms for company officers. That,
coinciding with the Great Depression, gave Bonnie Brae a rough
start. The 1930’s saw homes being built one-by-one, which resulted
in diverse architecture. With the completion of the Ellipse (Bonnie
Brae Park) in 1936 and a stronger economy taking hold in advance of
WWII, home building activity increased, with most of the East side
of the neighborhood being completed after WWII. It was still
possible to purchase a building site late in the 1960’s. |
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Lovely treed neighborhood of Bonnie Brae |
Today’s home buyer will find that DeBoer’s planning did indeed make
Bonnie Brae a “special place”. Many of the earliest homes have been
modernized or expanded, and a few “scrapes” are evident. Tree lined
streets are bisected by Bonnie Brae Boulevard, leading West to the
commercial area lining University Boulevard. There, one may visit
the Bonnie Brae Tavern, or the Bonnie Brae Ice Cream Store. Only
minutes away lies Cherry Creek Shopping Center, or Denver University
is just 5 minutes South. Bonnie Brae remains a great neighborhood
with fascinating architectural styles and a great sense of
community.
The area just South of traditional
Bonnie Brae is known and referred to as Cory-Merrill by the Denver
Planning Office and the Cory/Merrill Neighborhood Association. In
recent years, the real estate community has taken to referring to
much of this area as Bonnie Brae South to take advantage of the
cache of the name Bonnie Brae. Many of the post WWII housing in the
area is being demolished and replace with custom high end homes. The
statistics below reflect properties in this area as well as Bonnie
Brae proper.
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A popular Bonnie Brae landmark! |
Belcaro
Situated just
East of Bonnie Brae is Belcaro. The neighborhoods name comes from
the spectacular mansion residing in the center of the neighborhood.
“Belcaro”, meaning “beautiful, dear one” in Italian, was developed
by Lawrence Phipps, the wealthy United States Senator from Colorado.
Built at a cost of $310,000., the 27,000 square foot mansion was
completed in 1933 with the Tennis House being added shortly after.
Phipps sons, Gerald and Allan also built residences in Belcaro as
Lawrence Phipps developed the area around his mansion until his
death in 1958. His wife, Margaret donated the mansion and tennis
house to the University of Denver, which today uses the facility for
private receptions and weddings.
Homes in Belcaro are largely rambling ranch style homes reflecting
the building style of the early 1950’s. Some redevelopment is
occurring, with a few mansion style homes being constructed close to
“Belcaro”. The area is very convenient to Cherry Creek and shopping
along Colorado Boulevard, with easy access to I-25 and downtown
Denver. |
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Ivy covered Belcaro Tennis House in the fall |
Polo Grounds
By 1909 polo was regularly played by competing teams comprised of
Denver’s social elite. One such team, the Freebooters, played on the
grounds of the new Denver Country Club, disturbing the golfers and
resulting in the Polo Club being organized. Throughout the 1920’s
and into the 1930’s polo was played on the grounds East of
University and North of Exposition Avenue. Unfortunately, polo did
not survive the depression in Denver, and by 1941 the Spanish style
clubhouse was converted to a private residence, and gradually the
grounds were redeveloped into residential estates. The Polo Grounds
is a very exclusive neighborhood, its streets being private and
heavily patrolled, with most residents being part of the Denver
social elite.
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Driving Time to Major Destinations
From Exposition and Steele, the center of all three
neighborhoods. |
Downtown |
15 minutes |
Denver International |
50minutes |
Boulder |
60 minutes |
Denver Tech Center |
15 minutes |
Meridian |
25 minutes |
Broomfield/Interlocken |
45 minutes |
2003 Real Estate Information for
Bonnie Brae
(Note: The area just South of Mississippi Avenue,
Cory-Merrill, is now being referred to in part as South Bonnie
Brae by the real estate community. The statistics below reflect
sales in this area as well as traditional Bonnie Brae.) |
Detached single family homes |
Lowest Sale Price: |
$171,250 |
Highest Sale Price: |
$1,162,500 |
Average Sale Price: |
$433,241 |
Total Sales: |
124 |
Average sold price per square foot: |
$271,46 |
Average sales price to original list price: |
94.5% |
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Belcaro
Detached single family homes
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Lowest Sale Price: |
$199,900 |
Highest Sale Price: |
$1,162,500 |
Average Sale Price: |
$476,476 |
Total Sales: |
29 |
Average sold price per square foot: |
$263.63 |
Average sales price to original list price: |
88.7% |
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Polo Grounds
Detached single family homes
(Note: Homes in areas to the North of Polo Grounds are included
in the below statistics.)
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Lowest Sale Price: |
$499,000 |
Highest Sale Price: |
$4,550,000 |
Average Sale Price |
$1,429,000 |
Total Sales |
18 |
Average sold price per square foot: |
$356.60 |
Average sales price to original list price |
95.6% |



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BuySellDenverHomes.com © 2002
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TThe Berkshire Group Realtors, Inc.
3801 E. Florida Ave Ste 502, Denver, Colorado 80210 U.S.A.
800-250-4725 or 866-260-2976
Toll Free
303-350-5838
© Copyright 2002
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