2156 Magnolia Road [Notable Sale]
Originally offered at a wishful thinking price of $2M, this property checks a lot of boxes for mountain dream homes. Constructed in the 90’s, it has an attractive design and excellent views. It’s sitting on over 9 acres of land. The functional floor plan, adequate bedrooms/baths, and giant workshop make it a year-round, primary home option. The short driveway and reasonable 7,000’ elevation, ~twenty-minute drive to town (when weather and canyon construction cooperates), and nearby public open space trail access completes the picture. If they had priced it right at the beginning of the listing, it probably would have sold much, much faster and for more.
By the way, our recommended mountain home due diligence is much deeper than that for historic homes. When we represent mountain home buyers, we advise a careful evaluation of surveys, water testing, fire mitigation, seasonal access, and easements. And that’s just to start. In the case of Magnolia Road, it’s also important to understand the issues caused by nearby dispersed camping and how it might increase fire risk.
2156 Magnolia Road sold for $1.46M or 8.7% below the last asking price.
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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Thinking about buying or selling and want professional advice? Call us at 303.746.6896. Your referrals are deeply appreciated.
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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Testimonials
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.
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.
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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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Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.
