Historic Meets High-End [Fresh Listings, Get 'Em Hot]

By Osman Parvez and Sophie Kloor 
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The summer real estate market is alive and well in Boulder! We've been busy helping clients as we guide them through the process of intelligently buying and selling properties. 

It's supposed to get a bit wet this weekend. Serious buyers won't allow rain to hold them back. In order to be competitive, you need to tour new listings within the 48 hours of them hitting the market. 

This week, we have an impressive and extensive mix of high-end beauties, both detached and attached, as well as a few entry-level homes and an Old Town Longmont charmer. 

To schedule a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896 or Sophie at 303.875.3140.

Sold Listings of Note
Recently closed transactions that highlight market conditions.

1600 Blue Sage Ct | $3.29MM | More Details 
The seller tested the market and listed at just under $4MM for a week, then gave it a sharp cut and held until the right buyer eventually came around. It's not a bad tactic for pricing homes for which there are few recent sold comparables. Keys to valuation are the way the home was designed to maximize exposure to open space. Although it was built in the early 80’s, the bones are likely adequate for a mostly cosmetic remodel. This should be a good long term asset, with less risk of serious capital loss when the downturn comes. Open space and views never go out of style. 3 beds, 4 baths and .41 of an acre. 



933 Kalmia Ave | $2.8MM | More Details
We talked about the attractiveness of this property when it first hit the market. The seller held strong at their first price point for a full month before bringing a serious slash. It sold for $300K below asking after 65 days on market. 






Fresh Listings
The best of Boulder real estate and beyond.

Boulder 


1676 Sunset Blvd | $4.99MM | More Details
Truly one of the most exclusive locations in Boulder. Exceptional design and execution are a given at this price point. We showed the closest comp several times and entered into negotations, but couldn’t get there on price. There are several key drivers to consider. Talk to your agent for more details.






To schedule a private showing, call Osman at 303.746.6896

2800 10th St | $2.29MM | More Details
One of several luxury homes being developed on this street. The design is mouth watering. Buyers should be aware of potential redevelopment across the street to the south known as the Alpine Balsam project.




1830 Pearl St B | $1.89MM | More Details
A brand new, modern, end-unit townhome, across the street from Boxcar, Cured, Rapha and so much more. A truly fantastic location. Spacious with 3 beds, 4 baths, nearly 2300 sqft and a 1 car garage. Perfect for your lock and leave lifestyle and includes killer views of the Flatties. 

To schedule a private showing, call Osman at 303.746.6896.




1301 Canyon Blvd #409 | $1.45MM | More Details
One tier below the top of the luxury condo market in downtown Boulder. Compare to options and historic sales at the Arette. Top floor is good. Away from the bus station garage is better. 2 beds, 2 baths and a 2 spaces in the underground garage. 

7034 Indian Peaks Trl | $1.39MM | More Details
Homes surrounding the Boulder Country Club were mostly built in the late 60’s. They were built well, and they show it. When you do the math on the square footage, typical ranch style, and large lots - they begin to make some sense. Be sure you leave some room in the budget for updates. Cul-de-sac location, mountain views, 4 beds, 3 baths and .3 of an acre. 

1921 Pine St | $1.27MM | More Details
Historic with excellent curb appeal and a decent location. The layout and square footage works for many potential buyers. Updated mechanical and electrical is a huge plus, but be sure to look closely at the foundation. Most historic homes in Bouler were built on cobblestone, which require continual maintenance and repairs. The ultimate solution is to replace the foundation entirely with poured cement. Like open space and views, historic homes never go out of style. This one 

has exposed brick and charm with 3 beds and 2 baths. 

To schedule a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896. 




856 Walnut St F | $1.15MM | More Details
Subject to traffic noise from Canyon, but the tradeoff is the ultimate downtown location and great views. When we first saw these units many years ago, we thought they were expensive. Now they’ve more than doubled in value. It’s all about the lock and leave lifestyle in the center of downtown, while still having a livable layout. 2 beds, 2 baths and 2 garage spaces. 

4057 Saint Petersburg St | $1.04MM | More Details
Fourmile Creek simply makes sense. The family friendly neighborhod is packed with kids and is quiet. House sizes are reasonable, the drive (or bike) into central Boulder is quick, and because these homes were built in the 90’s, most buyers update them without major construction. You'll likely need new finishes, but save hundreds of thousands compared to new construction. This one, despite testing the market above $1MM, is still well below $300/SF.  When you buy a functional, well maintained home below replacement cost, It’s a value play. A large home with 6 beds and 4 baths. 




2030 20th St #7 | $700K | More Details
A tasteful and modern complex on 20th and Pearl. Expect some traffic noise. Walk to east Pearl shops and fine dining. An updated, downtown 1 bed, 1 bath at this price point won't last long. Call us for a showing this weekend. 








To schedule a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.



540 S 42nd St | $697K | More Details
We have seen many Martin Acres ranch style homes hit the market this spring. A fair amount have gone well over asking. Demand is high for entry-level detached houses within Boulder. This specific home is sheltered from Table Mesa road noise and has some tasteful updates in the kitchen and bathrooms. Interested?  Better see it this weekend. It should be under contract by early next week. 4 beds, 3 baths and a finished basement. 



790 W Moorhead Cir A | $539K | More Details
CU Campus South is in close proximity and should protect the long term value of this condo. This end-unit has 3 bedrooms, 2 garages and 1 parking space -  a dream come true for any Boulder gear head. Tastefully updated since it was built in 1972. 






Longmont 


1125 3rd Ave | $700K | More Details
A stunning and charming 2 story home in Old Town. Julie toured it yesterday and was impressed by the well cared for interior, spacious master, large dining room for entertaining and the outdoor patio spaces. Built in 1910. 4 beds, 3 baths and on a beautifully kept corner lot. 







To schedule a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.


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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.

Image: Marcus Olson

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This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.