Living in Belcaro
Larger lots, sprawling ranch homes and newer custom builds between Washington Park and Cherry Creek, with the Cherry Creek Trail along the northern edge.
- Best For
- Move-up and luxury buyers who want space
- Homes
- Large ranches and custom homes on bigger lots
- Boundaries
- University to Colorado Blvd, Cherry Creek to Tennessee
- Getting Around
- Colorado Blvd, University Blvd, Cherry Creek Trail
- Typical Price
- About $2.68M for a single-family home
“Belcaro is where people go when they want a big lot without leaving the city. Cherry Creek is five minutes away, and you still get a real backyard.”
Life Here
Space in the Middle of the City
The Name
Belcaro takes its name from the mansion of Lawrence C. Phipps, a U.S. senator from Colorado in the 1920s, who called his estate Belcaro and developed much of the neighborhood. Today it's better known as the Phipps Mansion.
The Homes
Large ranch-style homes on generous, tree-lined lots set the tone, mixed with newer custom homes. The Polo Grounds, a gated community, fills part of the northern section. Bonnie Brae's curving streets fall mostly within Belcaro's official borders.
The Outdoors
The Cherry Creek Trail runs along the neighborhood's northern edge, a paved path that stretches about 40 miles from downtown Denver to Franktown. Washington Park is a short drive or bike ride west.
Shops and Food
There's little retail inside the neighborhood. Cherry Creek North's shops and restaurants are minutes north, and Bonnie Brae Ice Cream, the Bonnie Brae Tavern and Campus Lounge are close by along University Boulevard.
Why People Love It
- Some of the largest lots in central Denver
- Quiet, established streets
- Minutes from Cherry Creek North
- The Cherry Creek Trail at the edge of the neighborhood
What to Know First
- One of Denver's most expensive neighborhoods
- Many ranch homes need updating, so budget for renovation
- Few shops or restaurants within walking distance
- Traffic and noise along Colorado Boulevard on the east edge
Market Snapshot
What Homes Are Selling For
Median sold prices over the last 12 months, from REcolorado.
| Home Type | Median Sold Price | Median Price per Sq Ft | Sales, Last 12 Months |
|---|---|---|---|
| Single-family | $2.68M | $574 | 12 |
Closed sales from November 2025 through October 2026 with the subdivision listed as Belcaro. Source: REcolorado MLS. Deemed reliable but not guaranteed.
Questions Buyers Ask
Belcaro FAQ
Where Is Belcaro in Denver?
Belcaro is bounded by Cherry Creek and Exposition Avenue on the north, Colorado Boulevard on the east, Tennessee Avenue on the south and University Boulevard on the west, between Washington Park and Cherry Creek.
Is Belcaro Expensive?
Yes. In 5280 Magazine's 2025 neighborhood rankings, Belcaro's average sale price was close to $2 million, behind only Country Club and Southmoor Park. Prices range widely between original ranch homes and new custom builds.
What Is the Polo Grounds?
The Polo Grounds is a gated community in the northern part of Belcaro, with large homes on private streets near Cherry Creek.
Is Bonnie Brae Part of Belcaro?
Mostly. Denver's official Belcaro neighborhood includes much of Bonnie Brae, though buyers and locals treat Bonnie Brae as its own area.
Own in Belcaro?
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