Cherry Hills Village Real Estate Guide
With a Beautifully Rural Setting Close to Downtown, Cherry Hills Village is the Heart of South Denver Luxury Real Estate.
For Those Considering Buying a House in Cherry Hills Colorado Cherry Hills Village is one of the most luxurious communities in America. Its location just 10 miles south of downtown Denver and small size of just six square miles provides the perfect balance of rural seclusion and big-city proximity for its population of 6,000 residents. The area is known among the elite for its collection of multi-million dollar estates, ample open spaces, award-winning schools and top-notch golf, tennis and equestrian facilities. Notable neighbors are another perk of living here, as local celebrities include a star-studded roster of professional athletes, media moguls and politicos from around the country.
In 2013 Forbes magazine named Cherry Hills Village in its “Top 25 Places to Retire Rich” report, noting its access to airports, the ritzy Cherry Hills Country Club, selection of private schools and historically high home values. Ranging from sprawling estates and custom-built mansions to more modest mid-century homes and a small selection of spacious town homes, Cherry Hills has Denver’s luxury home market cornered. See Homes For Sale in Cherry Hills Village now!
Living in Cherry Hills Village Denver
The average Cherry Hills resident is about 46 years old, married, has earned a bachelor’s degree or higher, works in sales and management and owns their home. The median household income here is around $237,000 per year (the Arapahoe County average is around $56,000.) About 40 percent of homes are occupied by married couples with children with an average of three people per household.
Cherry Hills Real Estate
The median home value in Cherry Hills Village is currently around $1.65 million, a figure that has been steadily on the rise for years. The average monthly rent for a one bedroom apartment in Cherry Hills is about $2,658, although there are few rental units available as the majority of homes here are owner-occupied.According to a city report, there are no multi-family properties in town. In addition to pure luxury, another distinguished feature of Cherry Hills homes is the large lot sizes, the average of which is around two acres, as privacy is a top concern for many residents.
Security is another desire of those looking to buy a Cherry Hills home. Some of the most exclusive residential areas in Cherry Hills Village are located near the Glenmoor Country Club (like the Cherry Hills Farm and Glenmoor neighborhoods) and the Cherry Hills Country Club (such as the gated communities of Buell Mansion and Cherry Hills Park.) More affordable neighborhoods are located along the city’s eastern border, including the Southmoor, Cherry Hills North and Cherry Hills East subdivisions.
Commuting From Cherry Hills
Due to the city’s remote location, the majority of residents drive to work and school. According to a community survey, the average Cherry Hills resident travels about 16 miles per day by car. The most popular areas for commuting include the Denver Technological Center in the nearby town of Greenwood Village, which is about five miles east of the Cherry Hills pocket or about 12 minutes by car, and downtown Denver, which is about nine miles north, or a 25-minute drive.
Cherry Hills Schools and Education
The Cherry Hills Village area is highly coveted for its award-winning public schools and its prestigious private school offerings. There are more than 4,000 residents enrolled in educational programs in Cherry Hills with the majority participating at the elementary school level. About 25 percent attend high school and 12 percent attend college or graduate school.
The Cherry Hills Village Elementary School, part of the Cherry Creek public school district, provides classes for preschool through the fifth grade and has an overall rating of 9 out of 10 for its above average test scores and student progress. The accompanying Cherry Creek High School, located seven miles away in neighboring Greenwood Village, has received numerous awards including national recognition from U.S. News & World Report as the No.18 Best High School in Colorado.
Private school options in Cherry Hills Village include the Kent Denver School, serving grades 6-12, and the St. Mary’s Academy, whose all-girl’s high school boast former Secretaries of State Madeline Albright and Condoleezza Rice as alumna.
Things to Do in Cherry Hills Village Colorado
Cherry Hills Shopping and Dining
Cherry Hills is a self-described “rural residential area” with few local services and amenities within its tight borders. Besides the dining outlets at the country clubs, a few notable neighborhood eateries include Acres, an American bistro, and Cherry Hills Sushi Co. Fortunately, nearby Greenwood Village is home to some of the best bars and restaurants in the region. Some of Denver’s finest steakhouses like Shanahan’s and Del Frisco’s are located in the Denver Tech Center area, just a 15-minute drive from Cherry Hills Village.
This area also boasts a plethora of clothing and jewelry boutiques, coffee shops and conveniences like medical offices, grocery stores, salons and day spas. (Read more about what Greenwood Village has to offer for Cherry Hills residents in our Real Estate Guide to Greenwood Village: https://www.corken.co/blog/greenwood-village-colorado-see-if-greenwood-village-suits-you)
Fitness and Recreation in Cherry Hills
Cherry Hills Village is on par with most other Colorado communities in that its residents greatly value health, fitness, sports and the great outdoors. According to Livability.com, 86 percent of residents are non-smokers, 75 percent maintain a healthy weight (BMI) and 85 percent engage in regular physical activity for leisure. The city proudly celebrates its agricultural heritage by maintaining 47 acres of parks and 25 miles of trails, one-quarter of which are unpaved. The community is committed to preserving its open spaces so residents may enjoy the region’s natural scenery and wildlife.
This area is particularly well known for its golf offerings, especially the historic Cherry Hills Country Club facility, renowned for its presidential former member (Dwight D. Eisenhower) and hosting three U.S. Open championships. According to a 2013 Wall Street Journal about Cherry Hills, the country club is also where Arnold Palmer’s signature beverage was popularized after his 1960 tournament victory. Other popular golf courses include the Glenmoor Country Club and the Wellshire, a public course located just north of Cherry Hills.
Cherry Hills Village is also popular with equestrians seeking to own exquisite horse properties. Several recreation areas including John Meade Park and Three Pond Park offer parking areas for horse trailers and designated bridle paths exclusively for horseback riding. Many residents enjoy the luxury of saddling up right in their backyards and riding directly into this trail network without the use of a trailer.
The Village Club is a unique, family-friendly social space that has been offering tennis, swim and riding lessons to residents for more than four decades. The historic facility features an Olympic-size pool, outdoor riding area and stables, six tennis courts and a beautiful clubhouse for events.
Cherry Hills Community Events
Cherry Hills Village hosts several community events and activities throughout the year designed to bring residents together to celebrate common interests. Summer events include Summer Movie Night and an Exotic Car Show held every June with a free barbecue, car parade and awards ceremony. In the spring, residents get their hands dirty with programs like a tree planting sale and Spring Cleanup. The annual favorite Winter Celebration kicks off the holiday season with Santa. These events and other community-related news is communicated via the Village Crier, a local newsletter in which residents have been actively participating in the production of for 50 years.
Cherry Hills Village has developed a legacy in south Denver of luxury, class and family tradition. Homes are hard to come by as people rarely find greener pastures, and the value is in the community created by first-class residents. In Cherry Hills you will find Colorado’s casual lifestyle fused with cosmopolitan style and swagger at a polished price that is worth every penny.