Luxury Single-Family Community Planned Near Denver
Watermark Residential has acquired 20.25 acres of land in the Castle Pines suburb of Denver for the development of The Summit Townhomes & Villas. The luxury-leased residential community will feature one- to four-bedroom attached single-family homes and townhomes. The development is expected to be completed by December 2022.
The development, located along Lagae Road south of Castle Pines Parkway, will consist of 214 homes averaging 1,410 square feet. All units will feature premium interior finishes, including gourmet bar-kitchens with quartz countertops, stainless steel appliances, walk-in closets, garden tubs, full-size washers and dryers and designer light fixtures. The three- and four-bedroom townhomes will feature two-car attached garages and two-level patio decks. The paired villas will feature 10-foot ceilings, windows on three sides of the home and privately fenced patios. Community amenities will include a clubhouse, 24-hour state-of-the-art fitness center, swimming pool with cabanas and entertainment areas, pet-friendly bark park and doggie spa, local walking paths and access to an on-site management team.
Watermark Residential is a wholly owned affiliate of Thompson Thrift and one of the nation’s leading multifamily developers. The Summit is the fourth luxury leased project for the company. The company also has projects under development in the suburbs of Denver, Phoenix and Nashville.