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537 Josephine Street, Denver, CO, 80206

5beds
5baths
3,500sqft
$1,699,000
$485price/sqft
$10,282/moest. monthly cost
$411,280/yrincome needed

About This Home

This newly constructed home by RedT Homes delivers a refined blend of modern architecture, elevated finishes, and effortless urban luxury. Spanning approximately 3,500 finished square feet, this 5-bedroom, 5-bath residence has been thoughtfully designed for those who value both sophistication and comfort. Clean contemporary lines, abundant natural light, high ceilings, wide-open living spaces, and rich wood, tile, and carpet finishes create an elegant yet livable atmosphere throughout. The main level is anchored by a gourmet kitchen featuring a dramatic waterfall quartz island, premium cabinetry, pantry storage, and chef-caliber appliances including a Wolf induction range and Sub-Zero refrigerator/freezer. The kitchen flows seamlessly into spacious dining and living areas, ideal for intimate evenings, elevated entertaining, or gathering with family and friends. Upstairs, the primary suite offers a private retreat with its own balcony, walk-in closet, and spa-inspired ensuite bath. Two additional upper-level bedrooms each enjoy ensuite bath access, while the upper laundry room includes a custom folding counter for everyday ease. A third-floor bonus space with wet bar opens to the rooftop deck, creating a showpiece setting for sunset cocktails, city views, and al fresco entertaining. The finished basement offers 2 conforming bedrooms, a full bath, and a generous family room suited for a media lounge, guest quarters, or private workspace. Outside, enjoy a private yard, patio, rooftop living, front and rear balconies. Set just moments from Cherry Creek’s celebrated boutiques, fine dining, art galleries, premier fitness studios, coffee shops, and the historic Denver Country Club, this home places the best of Denver at your doorstep. LEED Gold, ENERGY STAR, and Indoor AirPlus certifications further enhance the offering with efficiency, comfort, healthier indoor air, and long-term value—proof that true luxury should live as beautifully as it looks.

Getting Around

91
WalkingWalker's Paradise
43
TransitSome Transit
81
BikeVery Bikeable

Schools

10/10
9/10
Morey Middle SchoolGrades 6-81.3 mi
8/10
East High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Materials

  • Foundation: Concrete Perimeter
  • Roof: Membrane
  • Construction materials: Brick,Concrete,Frame,Vinyl Siding

Other

  • Builder name: RedT Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Bar Fridge,Cooktop,Dishwasher,Disposal,Microwave,Oven,Range,Range Hood,Refrigerator
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bathroom

  • Level: Main

Bathroom

  • Features: Primary Suite
  • Level: Upper

Bathroom

  • Level: Upper

Bathroom

  • Level: Upper

Bathroom

  • Level: Basement

Bedroom

  • Features: Primary Suite
  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Basement

Bedroom

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 3
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Bonus Room

  • Level: Upper

Dining Room

  • Level: Main

Family Room

  • Level: Basement

Features

  • Built-in Features,Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Primary Suite,Quartz Counters,Smoke Free,Walk-In Closet(s),Wet Bar
  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile,Wood
  • Finished area below ground: 1,052
  • Finished area above ground: 2,448
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,500
  • Total interior livable area: 3,500 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Living Room

  • Level: Main

Mud Room

  • Level: Main

Property

Details

  • Parcel number: 501634033
  • Attached to another structure: Yes
  • Zoning: G-RH-3
  • Special condition: Standard
  • Exclusions: Staging Furniture,Tenant's Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Ground
  • Patio & porch: Patio,Rooftop
  • Exterior features: Balcony,Private Yard,Rain Gutters
  • Fencing: Full

Lot

  • Lot size: 3,124 sqft
  • Features: Level

Parking

  • Total spaces: 2
  • Parking features: Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Tornado
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,591$103,092
Home Insurance *$762$9,144
Property Taxes $665$7,980
Electricity $264$3,170
Total$10,282$123,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$352,525/yr
40% on housing$308,460/yr
45% on housing$274,186/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.7%
12.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$485This listing

vs Other Active Listings

Avg $/sqft

ZIP 80206$423
Denver County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 80206$407
Denver County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-04Price change$1,599,000
2026-07-02Listed for sale$1,699,000
2025-11-21Listing removed$6,000
2025-10-31Listed for rent$6,000
2025-07-17Listing removed$8,750
2025-07-16Price change$8,750
2025-06-06Listed for rent$9,000

New Construction

AgentRyan Devin
BrokerageKeller Williams Advantage Realty LLC

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