New Condominium Development Enjoying Strong Interest, Scheduled For November/December Completion
by Julie Hayden
Monaco 155 at Crestmoor Heights is one of the newest additions to Denver’s Crestmoor neighborhood and is announcing pre-sales of 41 low maintenance condominiums with starting prices as low as $340,000. The development is located at 155 South Monaco Parkway near Crestmoor Park. The new condominiums are the latest addition to the Crestmoor Heights development, which Community Manager Christine Sheldon says has enjoyed “tremendous success.” The project includes the construction of Cedar Avenue, 25 townhomes. These townhomes were priced from $600,000 t0 $750,000 and sold out within 11 months of their launch.
“There are many people who want to own a condominium in Denver, but prices in the new developments are skyrocketing and not attainable for most,” says Peter Kudla of Monaco 155. “Our condominiums are more reasonably priced and provide a boutique style of living in a great location.” He adds, “Monaco 155 is the perfect option for people who want a comfortable place to live in a community setting, without a lot of unnecessary added amenities and expenses.”
The condos at Monaco 155 are priced from $340,000 to $550,000 and include one- and two-bedroom residences. They range in size from 700 square feet to 1334 square feet. Some of the design features include great views of Crestmoor Park; expansive floor to ceiling windows, underground parking, elevator access, Kitchen Aid appliances and upgraded interior finishes.
“These are the perfect condominium homes for people who want to be connected to family, friends and traditions while living in a quiet, established Denver neighborhood, with easy access to life’s conveniences,” says Sheldon.
The project, which is in the former Mount Gilead Church parcel, was challenged by neighborhood groups objecting to the City’s zoning change that allowed the development. Neighbors were concerned about density and traffic issues, but the City Council voted to allow the development and a follow up lawsuit was unsuccessful. [See Chronicle p. 1, March, July and August 2015.] Crestmoor residents now say they want the project to be the best it can be.
Delivery at Monaco 155 is expected in November and December and Sheldon says, “We’re actively selling residences right now and this is the perfect time to purchase as we are offering pre-sale pricing and up to $8,000 in builder incentives.” She encourages people, “Call us to schedule your personal hard hat tour today!”
The Crestmoor Heights sales center is located at 185 South Monaco Parkway. You can get more information by calling 720- 840-0484 or www.crestmoorheights.com.