Wash Park, home of Jerry Ghat, the late patriarch of the Ghat Brothers sports goods family, is on the market for $ 7.9 million.
A 9,899-square-foot mansion, sitting on two acres of 300 S. York St., was put up for sale on June 22nd.
According to real estate records, Ghat and his wife Sally bought the property in 1987. Gart died in 1996 at the age of 62 and left his home to his wife Sally.
The five-bedroom, nine-bathroom house was built in 1941 and was designed by the renowned architect Burnham Hoyt, who designed the Red Rocks Open Air Theater. It was custom built for John Gates, one of the founders of the Gates Rubber Company in Denver, according to co-listed agents Ian Wolfe and LIV Sotheby’s International Realty.
The house sets a record for Wash Park if it sells for something close to the list price.
Wolf, who sold his Wash Park home in March with a $ 5.8 million neighborhood record, is pitching the property with his colleague Chris Book.
“The grounds make you feel like you’re in a park,” Wolff said. “All the trees and landscaping were said to have been designed by the landscape architect behind the city park. You feel like you are in a world away from the city, but you are still in the center of Denver. “
Gart took over the reins from his father Nathan, who opened the chain’s first store on Larimar Street in 1928, and then led the family-owned Gart Brothers sports goods with his brother, three sons and an uncle.
He purchased Broadway Sports Castle in 1971 and opened a landmark location for Gart Brothers Sporting Goods there. The family sold the property in August last year to a partnership led by Tom McLagan, executive chairman of the Denver-based Haider Construction, for $ 6.5 million.
The sporting goods business has been operating in Denver for three generations and became a multi-million dollar chain before the family closed in 1992. He then entered the real estate industry, developing and selling real estate such as Denver’s Seasons at Avon. Pavilion Mall and Boulder Village Shopping Center.
Eventually, Garts re-entered the sporting goods industry when it launched Specialty Sports Ventures, which purchased Grand West Outfitters in 1994 and sold it to Vail Resorts in 2010.
This story was reported by our partner BusinessDen..