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Richthofen Castle sells

Richthofen Castle sells for $3.49 million

The Richthofen Castle has finally sold.

The historic 14,938-square-foot home, err, castle, last month sold for $3.49 million, according to public records, making it the most expensive home to sell in the Denver area in June. The buyers were Robert William Jesperson and Sylvia Yvonn Atencio-Jesperson, according to records.

In 2010, the stone fortress at 7020 E. 12th Ave. in the Montclair neighborhood, was listed for $3.9 million.

The 35-room estate – eight of them bedrooms and seven of them bathrooms – was built in 1887 by Walter von Richthofen, uncle of the famous World War I fighter pilot known as the “Red Baron.”

The home was designed by architects Jules Jacques Benedict and Maurice Bixco.

In addition to the Richthofen Castle, June was a good month for luxury home sales, shows a report released today by Kentwood Real Estate.

Some 63 homes closed that cost $1 million or more, 37 percent more than the 46 in June 2011. Sales volume last month rose by 28.3 percent to $92.6 million from $72.13 million a year earlier.

In the first six months of the year, the total dollar volume for buyers paying at least seven figures for a home hit $340.2 million, a 16.4 percent increase from the $292.3 million in the first half of 2011.

At the half-year mark, 226 homes costing $1 million or more closed, a 14 percent jump from the 198 from January through June of 2011, according to Kentwood.

Have a story idea or real estate news tip? Contact John Rebchook at JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by Universal Lending, Land Title Guarantee Co. and 8z Real Estate.

To see what else is for sale in the Mayfair or Montclair neighborhood, please visit COhomefinder.com


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