Former Broncos Head Coach Shanahan Lists Denver Home in Coveted Belcaro Neighborhood

Photo credit Kentwood Real Estate DRC, LLC

Former Denver Broncos head coach Mike Shanahan and his wife Peggy are selling their exquisite Belcaro mansion. The property, located at 834 S. Columbine St., is a remarkable 6,500-square-foot residence boasting four bedrooms, six bathrooms, and a spacious three-car garage designed to resemble a guest house. The Shanahans purchased the home in November 2021 after selling their Cherry Hills Village estate. Listed for $4.9 million, the home offers a rare blend of urban convenience and serene space, a notable feature in Belcaro’s sought-after real estate market.

The listing, represented by Sandy Weigand of Kentwood Real Estate DTC, showcases the charm of the Belcaro neighborhood—a central Denver area known for its upscale, architecturally diverse homes. Nestled near Cherry Creek, this neighborhood combines access to high-end shopping, dining, and outdoor activities with a serene, residential feel. For luxury buyers looking to enjoy Denver’s vibrant urban scene without sacrificing privacy, Belcaro is an ideal choice. The area also highlights some of Denver’s most distinguished residences, often designed by renowned architects or custom builders, offering homes that prioritize quality craftsmanship and unique details.

Cherry Hills Village: Colorado’s Pinnacle of Luxury Living

While the Shanahans’ Denver home in Belcaro shines with urban appeal, their previous estate in Cherry Hills Village is a reflection of the more private, expansive luxury lifestyle that has made this suburb a premier choice for Denver’s elite. Cherry Hills Village is known for its large estates and tree-lined streets, with properties often reaching new heights in luxury and scale. Shanahan’s former home, a 32,000-square-foot mansion, set a record for the area when it sold for $15.7 million. Today, the neighborhood continues to attract notable figures, including Denver Nuggets and Avalanche President Josh Kroenke and Broncos quarterback Russell Wilson, both of whom have invested in this prestigious community.

Cherry Hills Village offers unmatched access to outdoor recreation and privacy, with many properties sitting on acres of land and featuring custom architecture and amenities like equestrian facilities, expansive guest quarters, and private pools. As more luxury homebuyers seek out Cherry Hills, builders who specialize in custom and sustainable construction, like Sustainable Design Build, are increasingly in demand for projects that marry sustainability with high-end, personalized design.

A Rare Find in Urban Denver

In an interview with BusinessDen, Mike Shanahan highlighted what initially drew him and Peggy to the Belcaro property. “So many urban properties do not allow for a true three-car garage,” he explained, emphasizing the rarity of finding such spacious features within city limits. He added, “Our location is pretty special as I can back out of the garage and easily go left, right, or straight ahead, as there is a rare amount of space in the alley directly behind our home.” This convenience and spaciousness are rare to find in Denver’s urban properties, especially in a neighborhood as close to the Cherry Creek district as Belcaro.

For Peggy Shanahan, it was the curb appeal that made a lasting impression. “A big plus was it was the only home we looked at that Mike really liked,” she shared with BusinessDen, underscoring the unique allure of the property. She also appreciated the open flow of the main level, making the home ideal for entertaining, as well as the large windows that flood the home with natural light.

A Transitional Home with Lasting Impact

The Belcaro mansion, which served as a transition home for the Shanahans while their new, more contemporary Cherry Hills Village residence is being built, brought them closer to Denver’s vibrant offerings. In their BusinessDen interview, the couple shared how much they enjoyed living on a quiet street with easy access to Cherry Creek and Denver’s downtown, providing a unique blend of peaceful suburban life with proximity to the city.

“It has been a really fun experience for us to be close to Cherry Creek with easy access to downtown, our friends in nearby neighborhoods, and still easy access to our restaurant,” Shanahan said. This blend of accessibility and tranquility reflects the core of what makes Belcaro such an appealing location for those seeking luxury with a strong connection to Denver’s urban scene.

The Appeal of Custom Luxury in Denver and Beyond

Both Belcaro and Cherry Hills Village illustrate Denver’s thriving market for custom, luxury homes designed to reflect personal style while blending seamlessly with Colorado’s scenic landscape. Increasingly, buyers prioritize not just opulence but also quality craftsmanship, sustainable design, and thoughtful use of space. Companies like Sustainable Design Build, known for their focus on luxury remodels, custom homes, and eco-conscious construction, are meeting this demand by creating spaces that feel as inviting as they are striking.

With high-profile home listings like the Shanahans’ Denver mansion, it’s clear that Denver’s luxury real estate market is positioned for continued growth.