Named for the mansion of former United States Senator Lawrence C. Phipps, the Belcaro neighborhood is filled with large lots featuring an abundance of trees. Phipps built his massive brick beauty in 1932, and then continued to develop much of the neighborhood himself. Today, his mansion exists as the crown jewel of this beautiful and prestigious neighborhood. Belcaro is predominantly made up of ranch-style homes resting on beautiful lots with plenty of greenery and serenity. Much of the neighborhood is gated; one notable example is the Polo Grounds, a large community positioned in the northern part of the neighborhood.
The Polo Grounds, or Polo Club is one of the most exclusive and wealthiest of all Denver’s residential areas. Named after the ponies that once roamed the area, the community was developed by four millionaires; their purchase of 160 acres of land in order to finance their polo matches led to the subsequent relocation of some of Denver’s most affluent families. These families prided themselves not only on their homes, but also establishing a trend of spacious lot sizes, most of which sit between ½ and 2 acres. However, the large lot sizes don’t take away from its close proximity to the city, as the Denver Tech Center area is only 8 miles away, downtown Denver is only 8 miles away, and Cherry Creek North is only 2 miles away. Since its foundation in 1926, it has persisted as a place of elegance and grandeur, serving as the home to many highly successful individuals.
The neighborhood is not only a short 15-minute drive from downtown Denver, it’s also close to the Cherry Creek shopping center. It’s just south of the Cherry Creek mall, one of the premier shopping centers in Colorado that boasts a number of luxury retailers including Tiffany and Co., Louis Vuitton, Burberry, and Ralph Lauren. Belcaro is truly one of the most fashionable neighborhoods in the Denver area.
Belcaro – Real Estate Snapshot
The majorities of the homes in this neighborhood are from the 1950’s and 60’s, and range in price from $500,000 to well into the millions. Most of the homes are ranches that reflect the style of when they were built. There are also many large, new custom homes that range from one to ten million dollars.