Recent Boulder Home Sales ($1MM+)

by Osman Parvez

In the past few days, a couple of high-end Boulder homes were acquired.

3173 3rd Street sits on 1.4 acres in very desireable Newlands . A stone's throw from Mt. Sanitas and backing to open space, this gem features custom cabinetry, honed marble counters, natural finishes, wood and stone flooring, and unparalled views. With ~4,600 sqft, this 4BD, 4BA home is luxurious and spacious. History: The property was originally listed in May of 2005 at $2.5MM and underwent three price reductions before selling earlier this month for $2.2MM, a $300K discount (8%).

2816 9th Street was built in 2004. This 4BD, 5BA ~3,500 sqft property boasts a modernist design, top of the line materials, radiant state of the art heating and cooling systems, fantastic views, and a separate studio. History: The home was listed in May, 2005 at $1.35MM. This past September, the price was increased to $1.5MM. The day after Christmas, the property went under contract (a nice present, indeed) and on February 3rd, 2006 was sold for $1.3MM, a $50K reduction (3.7%) from original list price.

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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. 

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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.