Belcaro is a fashionable neighborhood in central Denver near the Cherry Creek Shopping Center.
It is characterized by expansive lots and mostly older albeit stylish homes built in the 1960’s and 1970’s. There are also large custom homes priced at seven figures and more.
The Phipps Mansion in Belcaro was originally owned by Lawrence C. Phipps, treasurer of Carnegie Steel and a U.S. Senator from Colorado. He spent $310,000 to build the home in 1932 with 54 rooms throughout the magnificent red brick Georgian mansion, now owned by the University of Denver.
The vibrant Cherry Creek neighborhood and downtown Denver are only about 15 minutes from Belcaro. The homes are predominantly ranch-style homes with a few two-story homes sprinkled about. Belcaro offers easy access to I-25 and the new light rail system. Washington Park, Denver Country Club, Glendale, and Cherry Creek are all located nearby.
Belcaro is a wealthy neighborhood, with the Piton Foundation in 2000 reporting an average household income of nearly $164,000.