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Amber LaDuke, 303-995-9484's Blog

By Amber Page, 303-995-9484 | Agent in Denver, CO

DENVER AREA "SPACESHIP" HOUSE SOLD AT FORECLOSURE AUCTION

‘Sleeper House’ sold for $1,529,401

Denver Business Journal - by Paula Moore

Date: Wednesday, November 10, 2010, 3:14pm MST - Last Modified: Wednesday, November 10, 2010, 5:59pm MST



The "Sleeper House," also known as "Sculptured House," on Genesee Mountain.


Metro Denver’s famous “Sleeper House” sold at a Wednesday foreclosure auction for $1,529,401, $1 more than its mortgage loan holder bid for the home, Jefferson County foreclosure records show.

The house is at 855 Visionary Trail on Genesee Mountain, west of Golden, and is known for its futuristic design and being featured in director Woody Allen’s 1973 movie “Sleeper.”

The home’s buyer is Trans-Western Management Group Inc. of Arvada, a company owned by residential real estate broker John Dilday, according to Colorado Secretary of State records.

Bayview Loan Servicing LLC of Coral Gables, Fla., the current holder of mortgage the loan on the house, submitted a bid of $1,529,400 for the property on Nov. 5, according to the county public trustee.

The home’s current owner, and occupant, is metro-area businessman Michael Dunahay, who said Wednesday he has 75 days by Colorado law to become current on his delinquent mortgage payments and keep the house. “I’m just keeping my options open,” he said.

Dunahay attended Wednesday’s foreclosure auction, met Dilday and invited him to tour the Sleeper House, he said. Dilday had just left the house when Dunahay talked to the Denver Business Journal today.

Bayview filed its intention to foreclose on the property in June, because Dunahay was in default on the home loan. At that time, he still owed $2.77 million on the original $3.13 million loan, according to county foreclosure records. As of September, Dunahay needed to pay $170,773 to become current on the loan.

Bayview’s local attorney, Elizabeth Marcus at Castle Meinhold & Stawiarski LLC of Denver, did not return a call for comment.

Bayview previously started foreclosure proceedings on the Sleeper House in early 2009, but withdrew the action in May of last year, foreclosure records show.

Dunahay bought the house in 2006 from local software millionaire and investor John Huggins for $3.43 million, Jefferson County property records show. Huggins purchased the home in 1999 for $1.33 million.

Also known as Sculptured House, the 7,000-square-foot, four-bedroom Sleeper House was built in 1963 by architect Charles Deaton. Deaton also designed Arrowhead Stadium in Kansas City.

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