240 Dixon Rd [Gold Hill Notable]

240 Dixon Rd | $1.4M
This home checks a lot of boxes for mountain home buyers. It's in the Gold Run subdivision, in close proximity to the historic mining town of Gold Hill. Built in the late 90's, the overall design has held up well and it sits on a generous 3.9 acre lot. An open and functional floor plan, with all bedrooms on the main, probably helped but the views were the key factor driving the sale. 

Deal notes: 240 Dixon was listed in early May and quickly found a buyer. There was apparently quite a bit of demand for the property. When the dust settled, the deal closed for $250K over list, cash. This is somewhat shocking premium given the current market softness. 

Due diligence: When you're shopping for a mountain property, thorough due diligence should go well past aesthetics. There are many things you should consider that aren't readily apparent including fire mitigation, fire defensibility, boundary issues, road maintenance, well, septic, and winter access. 

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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.  

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.