What Makes It Notable?
We were on our A game when this home hit the market, notifying our clients before it hit the MLS and were the second showing. Our buyers loved it and we advised them on the bidding war. When the dust settled, supposedly we came in second place but that’s OK. The delta between our “highest and best” offer and what it closed for was...significant.
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What drove the fierce market attention?
The home was designed by a well regarded commercial architect as their personal residence and it was a stunning execution. In addition to many unusual upgrades, the type of features you’d see in a commercial building, the entire home was designed to maximize the view corridor to the Divide. It also featured level five finishes throughout the main house and a potential future upgrade in the detached studio. With only three bedrooms, our clients would have converted the studio to serve as work from home space.
The location was also exceptional, less than 10 minutes on paved roads to downtown Boulder. Close enough to the action, but far enough away to have privacy and views.
3365 Sunshine Canyon was available for less than 48 hours. It closed for slightly over $3.8M, more than $600K above the list price, just twenty days after it hit the market.
In a nod to Buffett’s rule for criticism and praise, we’ll give kudos where kudos are deserved. Jeff Erickson, the listing agent did a masterful job communicating with our team throughout the bidding war, setting meaningful guidelines for the offer, and even in his presentation of the property itself. When we’re on the buy side, we usually hate when the listing agent insists on being present at the showing, but in this case, Jeff did a good job of highlighting features we wouldn’t have noticed without his presence. We’ll be adopting that approach for the opening weekend of our high-end listings going forward.
What drove the fierce market attention?
The home was designed by a well regarded commercial architect as their personal residence and it was a stunning execution. In addition to many unusual upgrades, the type of features you’d see in a commercial building, the entire home was designed to maximize the view corridor to the Divide. It also featured level five finishes throughout the main house and a potential future upgrade in the detached studio. With only three bedrooms, our clients would have converted the studio to serve as work from home space.
The location was also exceptional, less than 10 minutes on paved roads to downtown Boulder. Close enough to the action, but far enough away to have privacy and views.
3365 Sunshine Canyon was available for less than 48 hours. It closed for slightly over $3.8M, more than $600K above the list price, just twenty days after it hit the market.
In a nod to Buffett’s rule for criticism and praise, we’ll give kudos where kudos are deserved. Jeff Erickson, the listing agent did a masterful job communicating with our team throughout the bidding war, setting meaningful guidelines for the offer, and even in his presentation of the property itself. When we’re on the buy side, we usually hate when the listing agent insists on being present at the showing, but in this case, Jeff did a good job of highlighting features we wouldn’t have noticed without his presence. We’ll be adopting that approach for the opening weekend of our high-end listings going forward.
Note: The Realtors at House Einstein did not represent the buyers or sellers of this property. Our goal is to educate you on market conditions and recent sales to help you make a smarter real estate decision.
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.
Fresh Listings | Our review of the most compelling new listings to hit the Boulder real estate market. | Subscribe
Thinking about buying or selling and want professional advice? Call us at 303.746.6896. Your referrals are deeply appreciated.
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.
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.
Fresh Listings | Our review of the most compelling new listings to hit the Boulder real estate market. | Subscribe
Thinking about buying or selling and want professional advice? Call us at 303.746.6896. Your referrals are deeply appreciated.
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.
