NewsOur Colorado

Actions

This Historic Denver mansion is for sale and the owner is accepting cryptocurrency as payment

Posted: 4:02 PM, Mar 06, 2019
Updated: 2019-03-07 01:43:14Z
bitcoin house for sale.png

Editor's Note: 'Our Colorado' helps us all navigate the challenges related to growth while celebrating life in the state we love. To comment on this or other 360 stories, email us at OurCO@TheDenverChannel.com. See more 'Our Colorado' stories here.

DENVER — One of Denver’s oldest homes is for sale, but it’s not the history, the hand-carved moldings, or $1.9 million price tag that's the standout. It’s what the owner is willing to accept as payment.

“The seller has agreed to accept cryptocurrency for a portion of the sale price,“ realtor Laura Cowperthwaite said.

The home went on the market last week, and since the owner already has some investment into cryptocurrency, he’s open to the idea of accepting something like Bitcoin as part of the sale.

“The most likely scenario is that a buyer would come along and put their down payment in cryptocurrency,” the leasing agent told Denver7.

That cryptocurrency would then be exchanged to dollars through a bank.

The Doyle-Benton House was completed in 1896, and has stood on the corner of Lafayette and 13th near Cheesman Park ever since. It’s namesake comes from James Doyle, a successful gold prospector, and Frank Benton, the founder of the National Western Stock Show and Cheyenne Frontier Days, according to History Colorado.

“I’d say it’s a significant piece of Denver’s history,” she said.

There is already interest in the property, which includes a carriage house, seven bedrooms and eight bathrooms on a total of 6,400-square feet of living space.

An open house is scheduled for Sunday, March 10 and is open to the public. The address of the home is 1301 N. Lafayette Street. More information can be found on the real estate agency’s page.