Hospital’s top raffle prize, a new home, listed for third straight year

raffleHouse childrensHospital

A Bonnie Brae house awarded through a raffle benefiting Children’s Hospital Colorado was listed for $2.2 million. (Children’s Hospital Colorado)

A month after buying the winning raffle ticket for a $2 million house in Bonnie Brae, a first-time homeowner has become a first-time seller.

For the third year in a row, the winner of the Children’s Hospital’s Mighty Millions Raffle wants cash instead of a tony new house.

The Children’s Hospital Colorado Foundation awarded Justin Sjulstad a $2.2 million home May 18. The 5,752-square-foot house at 1010 S. Elizabeth St. came fully furnished. But just weeks after the deed transferred to Sjulstad, the property hit the market for $2.23 million.

Built in 2016, the three-story home has five bedrooms and six bathrooms. It features a 222-square-foot rooftop deck with a hot tub and views of the neighborhood, a rec room, an electric car charger and three wine fridges.

Buyers also have the option of purchasing the home fully furnished for an extra price. Casey St. John Interiors, a Vail-based designer, curated the interior furniture.

Aaron Grant with Grant Real Estate is listing the property.

Property records show that Grant purchased the property in 2015 for $575,000 before selling it to an LLC tracing back to real estate development company Redeux Developments, which constructed the new home for the Mighty Millions raffle.

Sjulstad could not be reached for comment. According to property records, he received the beneficiary deed for the home for $2 million on May 26.

On May 18, the Children’s Hospital Colorado Foundation awarded 6,782 prizes through its third annual Mighty Millions raffle, including a 2017 Porsche, Nuggets season tickets and Broncos season tickets.

Sjulstad, who had never owned a home before, purchased five Mighty Millions raffle tickets for $375, according to the hospital. He also received $800,000 in bonus cash to cover the home’s taxes, foundation spokeswoman Bridget Richards said. Another hospital spokesperson said both previous winners of Mighty Millions decided to sell the prize home.

The hospital reported a total of 94,000 tickets were bought for the raffle. Last year, the hospital received more than $1 million from the fundraiser.

raffleHouse childrensHospital

A Bonnie Brae house awarded through a raffle benefiting Children’s Hospital Colorado was listed for $2.2 million. (Children’s Hospital Colorado)

A month after buying the winning raffle ticket for a $2 million house in Bonnie Brae, a first-time homeowner has become a first-time seller.

For the third year in a row, the winner of the Children’s Hospital’s Mighty Millions Raffle wants cash instead of a tony new house.

The Children’s Hospital Colorado Foundation awarded Justin Sjulstad a $2.2 million home May 18. The 5,752-square-foot house at 1010 S. Elizabeth St. came fully furnished. But just weeks after the deed transferred to Sjulstad, the property hit the market for $2.23 million.

Built in 2016, the three-story home has five bedrooms and six bathrooms. It features a 222-square-foot rooftop deck with a hot tub and views of the neighborhood, a rec room, an electric car charger and three wine fridges.

Buyers also have the option of purchasing the home fully furnished for an extra price. Casey St. John Interiors, a Vail-based designer, curated the interior furniture.

Aaron Grant with Grant Real Estate is listing the property.

Property records show that Grant purchased the property in 2015 for $575,000 before selling it to an LLC tracing back to real estate development company Redeux Developments, which constructed the new home for the Mighty Millions raffle.

Sjulstad could not be reached for comment. According to property records, he received the beneficiary deed for the home for $2 million on May 26.

On May 18, the Children’s Hospital Colorado Foundation awarded 6,782 prizes through its third annual Mighty Millions raffle, including a 2017 Porsche, Nuggets season tickets and Broncos season tickets.

Sjulstad, who had never owned a home before, purchased five Mighty Millions raffle tickets for $375, according to the hospital. He also received $800,000 in bonus cash to cover the home’s taxes, foundation spokeswoman Bridget Richards said. Another hospital spokesperson said both previous winners of Mighty Millions decided to sell the prize home.

The hospital reported a total of 94,000 tickets were bought for the raffle. Last year, the hospital received more than $1 million from the fundraiser.

This story is for our paid subscribers only. Please become one of the thousands of BusinessDen members today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Residential Real Estate

Editor's Picks

Leave a Reply

Your email address will not be published. Required fields are marked *