4730 Holiday Dr #201 [Notable Sale]

NOTABLE SALE: 4730 Holiday Dr #201 
| $675K  

The Basics  

This crescent shaped building is a large semi-circle of multi-family housing in Boulder's very popular Holiday Neighborhood. All units face the park, but the creme-de-la-creme are the end units that have decks overlooking the Foothills. These units have nearly unobstructed views and feel incredibly spacious.

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Why Is It Notable?  

Sales here are rare. This one was on market for only two days and sold for $40K over asking, cash. Also, I told a friend who owned one of these to never sell. He did, and I'm sure he now regrets it. Are you reading this, Viktor? I'm still waiting for your mea culpa.  

P.S. It doesn't make me money, but I regularly advise clients to consider holding their real estate assets, especially when they are rare and likely to throw off either substantial cash flow or enjoy rapid appreciation. This one was both. 

Osman Parvez  is the Founder and Employing Broker of House Einstein. Originally from the Finger Lakes region of New York, he lives in Boulder with his wife and their Labrador Retriever. He has been a Realtor since 2005.

Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. For more information, click HERE.

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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. House Einstein strongly recommends conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.  

Please Note

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.