$18 million Cherry Hills Village estate

11/30/2006

Legendary Properties Sotheby’s International Realty
commissioned to market and sell $18 million Cherry Hills Village estate


DENVER, Colo. (Nov. 30, 2006) – Legendary Properties Sotheby’s International Realty announced today that it is representing the sale of The Stone Towers, one of Cherry Hills Village’s most magnificent estates. The Stone Towers is offered at $17.995 million and comprises a 19,000-square foot main residence, a 2,200-square-foot cabana house/guest cottage, a lavish outdoor spa/pool area, a 4-car garage and a 6-car automobile showroom all sited on 2.2 fenced and gated acres. 

“This is a landmark property for our company and for the Denver market as it truly puts Denver on the global map in terms of luxury real estate,” said Scott Franklund, owner and president of Legendary Properties Sotheby’s International Realty. “It’s among the finest assemblages of home, land, amenities and location ever offered on Colorado’s Front Range and is certainly worthy of national and international marketing and prospects.”

The gated estate is enveloped in mature trees and meticulous landscaping. As one of the highest elevation lots in Cherry Hills Village, it offers excellent views of Denver city lights and snow-capped Rocky Mountain peaks. Interior elements include a symphony of rare finishes such as French limestones, Brazilian hardwoods, granites from India and Alabaster light fixtures. Among the main home’s many highlights include a chef’s kitchen with commercial appliances and five ovens, a 1,250-bottle temperature controlled wine room, a two-story atrium that serves as a private gym, a 10-seat theater, guest/nanny’s wing, master wing, children’s wing, billiard with wet bar and a library. The home is enveloped in native stone and chocolate slate terraces and boasts a year-round 33’ x 55’ custom pool with 20-person hot tub and built-in water and fire features. The property is gated and offers unrivaled privacy and security.


The Stone Towers, Cherry Hills Village

The Stone Towers is owned by Israel Salazar, a prominent Colorado entrepreneur who in 2002 was ranked among the nation’s 75 wealthiest Hispanics by HISPANIC BUSINESS Magazine. Salazar founded TSN Inc., a distribution company specializing in convenience store and grocery store supplies. He sold TSN Inc. in 2004 but has since continued his entrepreneurial ventures in the real estate and restaurant industries among others.

Cherry Hills Village is less than six miles south of downtown Denver and sited around the prestigious Cherry Hills Country Club. Covering an area of about 6.2 square miles, Cherry Hills Village is among the wealthiest communities in the country and boasts a host of attributes that appeal to the affluent. For residents commuting to work, the proximity of interstates 25 and 225 allows for easy traveling to Denver and beyond. Denver International Airport is less than 25 miles away and private Centennial Airport is 10 miles to the southeast. Local students are served by the outstanding Cherry Creek School District – one of the country’s top-ranked districts for academics and sports.

Legendary Properties Sotheby’s International Realty is one of four Sotheby’s International Realty® affiliates in Colorado and is the only the Sotheby’s International Realty® affiliate on Colorado’s Front Range.

For additional information including photos of The Stone Towers and Legendary Properties Sotheby’s International Realty, please visit www.LegendaryProperty.com or call (303) 443-6161.

Main Office: 1225 Ken Pratt Blvd, Suite #121, Longmont, CO   |   Phone: 303-443-6161   |   Fax: 303-443-8822