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Real Estate in University Park, Denver
| The University Park neighborhood, also known as Observatory Park, is located south of Cory-Merrill and southeast of the city center in an area identified as Denver South East.
If you are looking for a list of available properties in the University Park MLS, simply click the button below:
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Homes in University Park
In the midst of a major face-lift fueled by neo-eclectic mansions popping up block-after-block, anyone lucky enough to own the older ranches and shotguns remaining in the University Park real estate area must feel like lottery winners. And for a good reason, since University Park is a wonderful, well-situated, shady, quiet, wonderful section of the city.
Located southeast of downtown, the neighborhood is bordered on the west by University Boulevard, the east by Colorado Boulevard, the south by Yale Way and the north by East Evans Avenue. Architecturally varied to a small degree, the neighborhood is defined primarily by ranchers surrounded by increasingly dominant neo-eclectics in the south and east and then (to a lesser degree) by Victorians, Denver squares, Tudors and colonials in the northwest corner. Other than some brick apartment buildings and fraternity and/or sorority houses bordering the perimeter, there are few—if any—duplexes, apartments or townhomes. This is one of the few, almost purely single-family neighborhoods in the city.
Aesthetically, the streets are wide, the trees are tall and intermingled with smaller brother and sister saplings, the sidewalks are separated from the streets by wide plots of grass and the overall neighborhood tone is one of shady summer walks. Homes for sale in University Park are listed with zip codes which include 80210.
Statistics for the University Park real estate market are listed below. Please feel free to contact either Stacy or Alex if you'd like a more detailed analysis of Denver's University Park real estate.
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July – December, 2006 to 2007, University Park Appreciation Analysis
Median Price Appreciation |
-32.79% |
Average Price Appreciation |
-24.57% |
July – December 2007, University Park Sales Analysis
Total sold homes in University Park |
23 |
Median Sales Price |
$352,856 |
Average Sales Price |
$513,611 |
Average Days on Market (DOM) |
71 days |
Average Price Per Square Foot |
$294 |
Average Finished Square Feet |
2,206 |
July – December 2006, University Park Sales Analysis
Total sold homes in University Park |
34 |
Median Sales Price |
$525,000 |
Average Sales Price |
$680,940 |
Average Days on Market (DOM) |
111 days |
Average Price Per Square Foot |
$317 |
Average Finished Square Feet |
2,928 |
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University Park lacks nothing in terms of amenities, with major thoroughfares on three sides, two wonderful parks, a quick straight drive to Cherry Creek, neighboring Denver University, a nearby Light Rail station and direct access to I-25. From the fast food and acoustically sophisticated Newman Center for the Performing Arts on University Boulevard to the Kings Soopers, 24 Fitness and Pier 1 Imports on Colorado, there’s no everyday need that isn’t available in the hustle-bustle surrounding the Observation Park neighborhood.
In contrast, the neighborhood itself is a quiet oasis with two of the smaller and most wonderful parks in the city. The namesake park is as aesthetically pleasing as it is packed with amenities such as tennis courts, a rugby field, baseball field, basketball court, playground and the historic Romanesque Chamberlain University. The smaller yet equally wonderful Robert H. McWilliams Park is a quiet hamlet with a basketball court, playground, umbrella shaded tables and an enchanting-looking wooden bridge. University and Colorado are both major thoroughfares leading to I-25.
There’s construction on almost every block in University Park. There’s so much construction that at least one block is shut down to through-traffic. Almost entirely single-family construction, the new homes are mostly scrapes with older bungalows being replaced by Spanish/Italianate/Tudor-influenced neo-eclectics. There are some newer constructions happening on the perimeter along University. The University Station Lofts are planned for 1920 University, while Scholar’s Walk is in the final preliminary planning phases and slated for 2310-2316 South University.
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