In 2012, Peyton Manning bought a Denver estate for $4.6 million; in 2023, he added a nearby $5.3 million property

Peyton Manning’s real estate ties to Colorado go back to the year he joined the Denver Broncos. In July 2012, the former quarterback bought a large home in Cherry Hills Village for $4.575 million. More than 11 years later, a company linked to Manning purchased another property nearby for $5.3 million. The two reported purchase prices come to $9.875 million, or roughly $9.9 million combined. County property records document the later transaction, while a report from BusinessDen said the second purchase was intended for business rather than personal use.Manning retired from the NFL in 2016, but he has continued to maintain ties to Colorado. His years with the Broncos included a Super Bowl title, and his family also established a life in the Denver area. The two purchases show the scale of his reported property investment in the state, although the original prices do not tell us what either property is worth today. How Manning's two confirmed Colorado acquisitions total $9.9 million in reported purchase pricesManning bought his Cherry Hills Village mansion in July 2012, shortly after signing with Denver. According to reporting by The Denver Post at the time, he paid $4,575,000 for the home. The property sits on 3.37 acres and measures about 16,000 square feet. It was listed for $5.25 million when it first went on the market in March 2011, meaning Manning bought it below its original asking price. Multiple outlets, including NFL.com and CBS Sports, reported the purchase shortly after it happened.The two-story house has seven bedrooms and several rooms designed for entertaining and family use. Reports on the property have listed features including a media room, a billiards room, an elevator and a safe room. The estate also has extensive outdoor space and a seven-car heated garage. Other reported features include a wine cellar, fireplaces and a heated kennel for dogs. The home’s size and facilities made it a substantial residence for Manning, his wife Ashley and their twin sons.The purchase came during a major change in Manning’s football career. He had spent his first 13 NFL seasons with the Indianapolis Colts, but missed the 2011 season after undergoing multiple neck surgeries. The Colts released him in March 2012, and he signed a five-year contract with the Broncos later that month. The deal was reported at $96 million. Buying a home in Cherry Hills Village gave him a base in the Denver area as he began the next stage of his career.Manning’s second reported Colorado acquisition came in September 2023. Arapahoe County property records show that Wahoo Properties LLC bought a 3,582-square-foot home in the 3900 block of South Colorado Boulevard from the Beverly A. Clark Living Trust on September 20. The reported purchase price was $5.3 million. The property is near Manning’s Cherry Hills Village mansion, according to BusinessDen’s report on the transaction.Both purchases were made through Wahoo Properties LLC, which links the two transactions in public reporting. BusinessDen reported that the company is an Indiana corporation and that Pey Dirt Inc., an Ohio company also doing business as Peyton Manning Inc., is listed as its registered agent. The records establish the company’s purchases and the reported prices, but they do not by themselves confirm the properties’ current market values or Manning’s overall real estate wealth.Adding the reported prices gives a total of $9.875 million: $4.575 million for the 2012 mansion and $5.3 million for the 2023 home. That is commonly rounded to $9.9 million. It is important to describe this as the combined purchase price, not a current valuation. Property values can change over time, and the available reports do not establish what either house might sell for now. Why the retired NFL star's second Denver property was reportedly intended for business useThe second purchase drew attention because the home sits close to Manning’s long-established residence, but reports suggested it was not meant to become another family home. BusinessDen cited a source close to Manning who said the purchase was a business transaction rather than a personal one. According to that source, Manning did not plan to move into the house or demolish it to build a larger mansion beside his existing property.That explanation has to remain attributed to the source. Manning has not been quoted in the report publicly explaining the purpose of the purchase, and the available property records do not state how the house would be used. The records identify the buyer as Wahoo Properties LLC and document the September 2023 transaction. The business-use description comes from the reporting around the sale, not from a recorded statement in the deed.There is also limited public information about the second property’s interior or facilities. The reported size is 3,582 square feet, much smaller than the roughly 16,000-square-foot mansion Manning bought in 2012. Beyond the address area, square footage, seller and purchase price, the reporting does not offer a detailed breakdown of the home’s layout or condition. It would therefore be premature to assume that Manning planned a particular office, commercial operation or redevelopment project there.Manning’s connection to Colorado continued after his playing career ended. He spent the final four seasons of his NFL career with the Broncos and helped the team win Super Bowl 50 in February 2016. He announced his retirement the following month. A 2022 interview cited by the Indianapolis Star also reported that Manning had said his children attended school in the Denver area and that he and Ashley had made Colorado their home.The second purchase adds another reported property to that Colorado story, but it does not establish that Manning planned to move or expand his residence. The clearest details remain the public transaction records and the account from a source close to him. Together, the two purchases total nearly $9.9 million in reported prices, while the reason for the 2023 acquisition remains a reported business purpose rather than a publicly detailed plan.Get the latest Sports News and Live updates. Download the TOI app.