In a remarkable real estate transaction, Mauricio and Rebeca Ramos have found their ideal home in Denver after an extensive search. The couple, relocating to the city due to Mauricio's new executive position, secured a spacious residence in the upscale neighborhoods of Belcaro and Bonnie Brae. Previously owned by former NFL coach Mike Shanahan and his wife Peggy, this modern farmhouse was sold for $250,000 below its asking price of nearly $5 million. The property’s unique features, including abundant natural light and a large lot, were key factors in the Ramos family’s decision. Meanwhile, the Shanahans are moving on to a new chapter in Cherry Hills Village, where they have built a contemporary home that better suits their lifestyle.
A Closer Look at the Transaction
In the heart of Denver's prestigious neighborhoods, a 6,500-square-foot modern farmhouse recently changed hands. After almost a year of searching, Mauricio and Rebeca Ramos finally settled on this magnificent property in Belcaro and Bonnie Brae. Designed by architect Carlos Alvarez, the home boasts four bedrooms, six bathrooms, and an impressive three-car garage. What truly captivated the Ramoses was the abundance of natural light flooding through the large front window, even illuminating the basement. This charming home, nestled on a tree-lined street, also offers a spacious backyard, making it perfect for family life.
The previous owners, Mike and Peggy Shanahan, had purchased the property in November 2021 as a temporary residence while building their new home in Cherry Hills Village. Mike, who led the Denver Broncos to two Super Bowl victories during his tenure as head coach from 1995 to 2008, expressed fondness for the home’s curb appeal and practical amenities. The Shanahans listed the property with Sandy Weigand of Kentwood Real Estate DTC on September 29, 2022, for $4.9 million. Shannon Tiger of LIV Sotheby’s International Realty represented the buyers, and the deal closed on January 6, 2023.
The Shanahans' transition to their new home marks a significant change in their lives. While their previous mansion in Cherry Hills Village once held the record for the highest-priced single-family home sale in the area, they now reside in a more modest yet modern abode. Despite downsizing, the couple remains committed to calling Denver their primary home, citing deep ties to the city and its vibrant community.
From a journalistic perspective, this transaction highlights the dynamic nature of Denver's luxury real estate market. It underscores how even high-profile figures like the Shanahans adapt to changing needs and preferences. For readers, it serves as a reminder that no matter one's status, finding the right home is a deeply personal journey, influenced by both practical considerations and emotional connections to a place. The story also reflects the enduring appeal of Denver as a desirable location for families and professionals alike.