Top 5 Boulder Real Estate Deals for Fall ’18 [Eye Candy]
Whisper Mountain Ranch |
Maybe you haven’t noticed, but it’s bargain season in Boulder real estate. Sellers who overpriced or otherwise poorly marketed their listings earlier this year are now feeling motivated to wrap it up. If you’ve been shopping for a bargain, now is a great time to be in the market. Year after year, we’ve helped our clients find and negotiate exceptional deals during November and December.
This post highlights five intriguing real estate opportunities available in Boulder right now. These homes are at the higher-end of the market, in prime locations, and have experienced price reductions. The sellers should now be very motivated and more willing to negotiate.
Ready to take a look? Let’s go.
Remember: Worth seeing does not always mean it’s worth buying – especially at the asking price. For a private showing and a data driven discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896.
Our goal is to help you make a smarter real estate decision.
Whisper Mountain Ranch | $4.5MM | Details
Long-time readers of House Einstein know that I’m not prone to hyperbole. So take what I’m about to write with that in mind.
This property is a once in a lifetime unicorn (video), not just because of its substantial size, privacy, and location – but because of its reasonable price. After you stop drooling, do the math. It’s a bargain. You couldn’t come close to acquiring the land and constructing a home of this magnitude at the asking price. Not in today’s tightly constrained construction market.
Located just two miles away from Gold Hill, ~25 minutes from Boulder proper, this gorgeous mansion is also surrounded by 109 acres of land. Built on a knoll and surrounded by National Forest, it was the dream home for its creator. It also took 2.5 years to complete. An adjoining lot can be added for even more privacy.
Pro tip: The property was first listed in May at $9.0MM. At the asking price, I believe it’s significantly undervalued. We also have reasons to believe the seller may be quite motivated. Call me for a private showing and more details. 303.746.6896.
775 Kalmia | $6.7MM | Details
Located just north of Newlands, this stunning house features a generous 8,500 SQFT of luxury finishes. It’s located in an exclusive enclave of high-end homes. Water rights, a detached studio, and an indoor lap pool are included.
Why Take A Second Look? 775 Kalmia has been on the market 5+ months with only one price reduction. It also has no recorded mortgage history, i.e. it’s all equity. The lot size is 1+ acres and it’s not in the flood plain. Minutes from downtown and very, very private location.
For a private showing, call Osman at 303.746.6896. Our goal is to help you make a smarter real estate decision.
2363 Keller Farm | $1.7MM | Details
Constructed in the late 80’s, this five bedroom, fourth bath has over 5,000 SF of finished space across four levels. Somewhat private lot, adequately sized, and it backs to the Farmer’s ditch (water rights included). The seller has owned it for only two years and is now offering it for $200K below her purchase price. Creative financing options may also be available.
1077 Canyon Blvd #201 | $1.75MM | Details
When it was built eight years ago, the Arette set the standard for luxury condos in Boulder. This particular two bedroom, three bath is on the second floor and features a generous 1,958 SQFT, plus two parking spaces in the secure garage. It has views, although the listing photos leave much to be desired. The seller acquired the property in April ’14 for $1.5MM. It’s been on the market since May with one price reduction. No recorded mortgage in the records. Pro-Tip: Before you write an offer, ask your broker to take you to see #208 for comparison and be sure to review the sales history. Also, ask about the notorious community space located between the Arette and the St. Julien.
840 Pearl, Unit D | $1.4MM | Details
Looking for a tier 1 location? It’s hard to beat 8th and Pearl. From your front door, you’ll have access to Boulder’s best restaurants, shops, and city events. Spruce confections, purveyor of devilishly delicious pastries and baked goods is also dangerously close. Mt. Sanitas trails are a short walk away. This luxury unit is a one bedroom but also has a flex/office space that could be converted into a second bedroom, for guests. One garage space. It’s been on the market for over a year with one price reduction.
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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. We strongly recommend conducting rigorous due diligence and obtain professional advice before buying or selling real estate.
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We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.
Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
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. Learn more about Osman.
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