151 E 5th Street [Nederland Notable Sale]

Nederland NOTABLE SALE: 151 E 5th Street | $1.13M 

A mountain home designed to feature the view, in close proximity to restaurants and bars in Ned. The inside was nice, but ready for an update. Room sizes were generous and the basement had been made into a standalone and somewhat barebones Airbnb unit. The primary bedroom was open to the rest of the house, and also featured its own private balcony and sauna. The best aspect of the home were the mountain house exterior feel and glass windows overlooking Nederland, especially on a snowy day. 

Deal notes: I actually saw this house when it was last on the market in 2019. At the time, we passed on it for a variety of reasons. The list price at the time was just under $700K, which believe it or not, felt a touch high. Oh my, how I was wrong about that. 

Fast forward to today, and it hit the market with a list price of just under $1M. We put together a video tour for remote buyers and they decided to pass on it, mostly due to the funky layout and the proximity of the neighbors. Our clients lack of interest didn’t stop the bidding war. 151 E 5th Street sold for $1.13M.  

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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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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.