1321 Race Street [Denver Notable Sale]

DENVER NOTABLE SALE: 1321 Race Street | $1.56M

The Galagher House is a large, historic mansion in close proximity to Cheesman Park. Owned by the seller for nearly a decade, it exudes authenticity with period correct millwork and finishes. The home featured five bedrooms, all on the upper level, and four baths across its 6,400 SQFT. A solarium was added in 2020 at a supposed cost of $250,000. In my opinion, the home mostly just needed an interior refresh and as such, represented a relative bargain in this heated market. That's assuming you could live with lack of a decent garage. 

Deal Notes: The home was listed at $1.6M in September (never a good time to list) and sat on the market. The seller dropped the price $50K at the end of October, and it finally went under contract in early December. It eventually sold for $1.56M, slightly above the last list price. 

Sophie's Take: The location right by Cheesman is awesome, and the solarium looks amazing, but it might be a little too close to Colfax for some people. This area is seeing significant improvement.

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Note: The Realtors at House Einstein did not represent the buyers or sellers of this property. Our discussion of notable sales is designed to help educate you on market conditions and 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.

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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.  

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