In 1932, the Historic Phipps Mansion was built. The Historic Phipps Mansion, was designed by architects Fisher and Fisher, and is a palatial 33,123 square foot red brick Georgian Mansion with 54 rooms. Sitting on 6.5 acres, the Historic Phipps Mansion is located at 3400 Belcaro Drive in Denver's Historic Bonnie Brae and Belcaro neighborhoods. Built by United States Senator Lawrence Phipps, the Historic Phipps Mansion was called "Belcaro" which in Italian means "beautiful dear one". The Historic Phipps Mansion took 2 years to construct (from 1931-1933) and has 7 bedrooms. Each bedroom in the Historic Phipps Mansion has its own dressing room and private bathroom. The Historic Phipps Mansion is a treasure trove of artwork, antiques, tapestries and sculpture.
In 1960, the widow of Senator Lawrence Phipps, Mrs. Margaret Phipps, donated the Tennis Pavillion to the University of Denver (DU). The Tennis Pavillion at the Historic Phipps Mansion was the first indoor tennis facility built west of the Mississippi River. Four years later, in 1964, Mrs. Phipps donated the entire Historic Phipps Mansion to DU as well. Since the transfer in 1964, The Historic Phipps Mansion has been used as a conference center and museum. The Historic Phipps Mansion has long been a popular location for weddings, Bar Mitzvah and Bat Mitzvah celebrations and other social events. 
In 1997, the United States government held a state dinner for the Heads of State from Canada, Japan, Russia, Italy, Germany, England, France and the European Union at the Historic Phipps Mansion. Today, the Historic Phipps Mansion is a designated Historic Landmark.
The University of Denver recently put the Historic Phipps Mansion on the market for $9.5 million and is hoping to sell the Historic Phipps Mansion as a single family residence.
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