Written by Jim the Realtor

October 25, 2010

From Jane Wells at cnbc.com

In the 1973 comedy classic, “Sleeper”, Woody Allen’s character, Miles Monroe, wakes up 200 years in the future to discover that mankind has regressed into an “inept totalitarian state”.

Things are kinda rough a mere 37 years after 1973, and now the home made famous in that film for its spaceship design is in foreclosure. If you’ve ever driven on I-70 west of Denver you’ve seen the home on the south side of the highway, way up on a ridge.

It can now be yours.

The home was bought in 2006 by businessman Michael Dunahay from another local entrepreneur, John Huggins, for $3.43 million. Dunahay is about $171,000 behind on his payments, and the holder of the note, Bayview Loan Servicing, is planning a foreclosure sale next month. An earlier sale planned for October 6 was postponed. This is not the first time Bayview has moved to foreclose on Dunahay. It filed paperwork to do so last year, but withdrew.

Back in January 2006, I interviewed Huggins, the previous owner, who had bought the house for under $2 million:

3 Comments

  1. Art Eclectic

    If this was in the Los Angeles hills, it would sell. Colorado, not so much.

    I love the house, not my style and the furniture is horrific, but it’s fantastic otherwise in sea of faux Mediterranean villas on postage stamp lots.

  2. swm

    If it came with that `special` machine featured in the movie, I bet it would sell.

  3. ewhac

    That poor house has had a very hard life. I hope it finds a good owner. Clearly you’d need to be a little kooky to like the design in the first place, but I’m wondering what other handicaps the property has that it sat vacant for over thirty years.

    The furniture’s a little overwrought — I’d probably tone it down a bit — but it’s entirely within character for the house. Would love to see a full video tour.

    Interesting that the previous owner originally asked $10 million, knocked it down to $5.5 million, and ended up taking $3.43 million. The current owner did manage to pay the original $3.13 million loan down to $2.77 million…

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