Skip main navigation
Accepting backups
  • Price cut: $75K (6/10)
    $3,675,000

    2485 S Madison Street, Denver, CO 80210

    5beds
    5,112sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2025
    6,370 Square Feet Lot
    $-- Zestimate®
    $719/sqft
    $-- HOA

    What's special

    Custom fireplaceHigh-end finishesHome gymOversized lotExpansive windowsThoughtful lightingWine storage
    Experience luxury living in this brand-new Devex Construction home in Observatory Park, Denver, featuring 5 bedrooms and 5 bathrooms across over 5,100 square feet of elegant space. This residence blends timeless design with modern luxury, offering high-end finishes, clean lines, and a bright, open-concept layout ideal for sophisticated living. The main level connects the spacious living room, formal dining area, and chef’s kitchen with SubZero and Wolf appliances, while expansive windows and thoughtful lighting highlight the home’s refined details. Upstairs, the primary suite offers a serene retreat with tall ceilings, a custom fireplace, a spa-inspired bathroom with steam shower, and a large walk-in closet. Two additional bedrooms provide privacy and comfort for family or guests. The finished lower level is designed for entertainment, featuring a home gym, wine storage, and bar/lounge area. Set on an oversized lot with a rare attached two-car garage, this home balances luxury indoor living with outdoor enjoyment. Classic yet contemporary, this Observatory Park luxury home delivers sophisticated design, premium amenities, and an elevated Denver lifestyle in one of the city’s most prestigious neighborhoods.
    152 days
    |
    722
    |
    33
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Hoholik Team 720-560-6899 Hoholiks@milehimodern.com,

    Milehimodern

    Source: REcolorado as distributed by MLS GRID,MLS#: 4361210MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 2
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Bedroom
      • Description: Primary Retreat With A Fireplace And Large Walk-In Closet
      • Features: Primary Suite
      • Level: Upper
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Basement
      Bedroom
      • Level: Basement
      Bathroom
      • Description: Wallpaper
      • Level: Main
      Bathroom
      • Description: Large Walk-In Steam Shower With Bench, Double Vanities
      • Features: Primary Suite
      • Level: Upper
      Bathroom
      • Level: Upper
      Bathroom
      • Level: Upper
      Bathroom
      • Level: Basement
      Dining room
      • Description: Custom Trim On Walls, Spacious Dining Space With Natural Light
      • Level: Main
      Family room
      • Description: Spacious Second Living Space With Fireplace And Bar
      • Level: Basement
      Gym
      • Description: Gym Flooring And Glass Doors
      • Level: Basement
      Kitchen
      • Description: Chef’s Kitchen With Large Island, Pantry, Butler Pantry, Breakfast Nook, Extra Storage
      • Level: Main
      Laundry
      • Level: Upper
      Living room
      • Description: Custom Fireplace Surround With Built Ins, Indoor/Outdoor Living With Outdoor Fireplace
      • Level: Main
      Mud room
      • Description: Built In Storage
      • Level: Main
      Office
      • Description: Glass Doors To A Private Office, Custom Built Ins And Wall Detail
      • Level: Main
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Dishwasher, Freezer, Oven, Range, Range Hood, Refrigerator
      • Laundry: In Unit
      Features
      • Built-in Features, Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Walk-In Closet(s), Wet Bar
      • Flooring: Carpet, Tile, Wood
      • Basement: Finished
      • Number of fireplaces: 4
      • Fireplace features: Basement, Great Room, Outside, Master Bedroom
      Interior area
      • Total structure area: 5,112
      • Total interior livable area: 5,112 sqft
      • Finished area above ground: 3,374
      • Finished area below ground: 1,738
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Front Porch, Patio
      • Exterior features: Garden, Lighting, Private Yard, Rain Gutters
      Lot
      • Size: 6,370 Square Feet
      • Features: Landscaped, Level
      Details
      • Parcel number: 525409013
      • Zoning: E-SU-DX
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      • Roof: Composition
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: Observatory Park
      HOA
      • Has HOA: No
      Location
      • Region: Denver

      Financial & listing details

      • Price per square foot: $719/sqft
      • Tax assessed value: $792,700
      • Annual tax amount: $3,830
      • Date on market: 2/5/2026
      • Listing terms: Cash,Conventional,Other
      • Exclusions: Staging Items
      • Ownership: Corporation/Trust
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/24/2026Pending sale$3,675,000$719/sqft
        Source: REcolorado as distributed by MLS GRID #4361210 Report a problem
        6/10/2026Price change$3,675,000-2%$719/sqft
        Source: REcolorado as distributed by MLS GRID #4361210 Report a problem
        4/29/2026Price change$3,750,000-2.6%$734/sqft
        Source: REcolorado as distributed by MLS GRID #4361210 Report a problem
        2/5/2026Listed for sale$3,850,000+305.3%$753/sqft
        Source: REcolorado as distributed by MLS GRID #4361210 Report a problem
        12/23/2024Sold$950,000+319.4%$186/sqft
        Source: Public Record Report a problem
        9/30/2010Sold$226,500$44/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,830 +14.7%$49,430 -6%
        2023$3,339 +3.6%$52,610 +25.3%
        2022$3,224 +25%$41,990 -2.8%
        2021$2,580 +2.9%$43,200 +24.2%
        2020$2,507 -0.2%$34,770 -0.7%
        2019$2,513 $35,013 +7.8%
        2018$2,513 +0.3%$32,480
        2017$2,505 +5.9%$32,480 +7.3%
        2016$2,366 +14.6%$30,280
        2015$2,064 0%$30,280 +21.9%
        2014$2,065 -0.1%$24,850
        2013$2,066 +96.4%$24,850 +38.7%
        2002$1,052 $17,910 +25.2%
        2001-- $14,300

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: University Park

        Getting around

        44 / 100
        Car-Dependent
        44 / 100
        Some Transit
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: University Park
        • Middle: Merrill
        • High: South
        • District: Denver 1

        Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel