A 1+ acre, sub-dividable lot directly adjacent to Broadway. According to the listing agent, the northern portion was originally for sale and went under contract. The southern ~17K sqft was being subdivided off with the existing home. Seller and buyer came to terms on the sale of the whole parcel, including the southern 16,960 sqft with the house as part of the final sales price. Proximity to Wonderland Lake open space was the key selling point. Almost certainly the new owner will slice up this parcel into several buildable lots and develop new luxury dwellings. I suppose they could also build a very large private residence. What shape it takes remains to be seen.
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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.
