3610 Emerson Ave [Boulder Notable]
BOULDER NOTABLE SALE: 3610 Emerson Ave | $1.1M A typical 60's era ranch with some mild updates. The location is excellent, just around the corner from the rec center and Viele lake. Although there wasn't anything sexy about the updates, they weren't done with profit in mind. The roof, sewer line, and HVAC system had all been recently upgraded. System updates are often better than cosmetic ones. They point to a well maintained home. Deal notes: Listed at $1.5M in September, the seller cut the price substantially in early October. It took another month for a buyer to lock it [...]
3155 Kittrell Ct [Boulder Notable]
BOULDER NOTABLE SALE: 3155 Kittrell Ct | $1.5M Location location location... The hillsides overlooking Viele lake in the Table Mesa neighborhood are deeply coveted and rarely available. That's not just agent hyperbole. When the right perch becomes available in this location, there is frequently multiple parties interested, and the price often exceeds list. Based on ownership records, this ranch was likely kept within the same family for many decades. It finally became available for acquisition via an estate sale in early November. Tenant occupied, the home was priced well below market at $1.4M. Look through the windows in the listing [...]
4673 Eldorado Springs Dr [Boulder Notable]
BOULDER NOTABLE SALE: 4673 Eldorado Springs Dr | $1.6M This pocket neighborhood off the road to Eldorado Springs is one of my favorite hidden spots in Boulder. World class hiking trails are steps away, and all the homes are situated on generous lots. The most coveted properties back to South Boulder Creek, directly adjacent to hundreds of acres of protected open space. 4673 Eldorado Springs is a raised ranch built in the late 80's. Finishes and fixtures had been updated recently, but the home also sustained significant damage during the floods of 2013. It was listed as an estate [...]
301 Eudora St [Denver Notable]
DENVER NOTABLE SALE: 301 Eudora St | $2.2MStrong buyer interest allowed this Hilltop neighborhood historic home to close for slightly over list, despite slow fourth quarter market conditions. 310 Eudora featured five bedrooms (four on the upper level), four baths, and approximately 3,800 SQFT. The home home was thoroughly renovated during the seller's tenure, with plenty of upside given an initial acquisition price of only $750,000 in 2014. Due diligence: Historic homes require much greater due diligence than newer homes. When an owner completes an extensive renovation, the work quality, finishes, and fixtures are generally much higher quality than one would expect [...]
969 10th St [Boulder Notable]
BOULDER NOTABLE: 969 10th St | $2.3MA Cottage Style historic home originally constructed in 1909. According to the historic inventory, features include "a shingled dormer, sash and transom windows with dentils and rusticated stone sills and lintels, and classical columns on the porch." Interior millwork looks well preserved, but the kitchen and baths were ready for a refresh. The basement is currently a rental, and the garage was converted into studio space. The former is licensed, but given the difficulty in legally removing parking, the later may have been unpermitted. At the time of listing, the home was tenant occupied until [...]
895 Paragon Dr [Boulder Notable]
BOULDER NOTABLE SALE: 895 Paragon | $2.45M The Spanish Hills neighborhood (and adjacent Paragon Estates) is located on a gentle upslope, halfway between the City of Boulder and Louisville. Featuring exceptional views and a pastoral setting, it's a popular choice for buyers who value privacy and views but also want to be close to the city. Davidson Mesa is steps away, featuring popular flat walking trails and stupendous Flatiron views. The location saw a large loss of structures during the Marshall Fire, which has driven a surprising number of recent sales.Originally constructed in the 1960's, this five bedroom, five bath [...]
1844 Pine St [Boulder Notable]
BOULDER NOTABLE SALE: 1844 Pine Street | $2.7M Foursquares are also sometimes called a Prairie Square. Popularized by Sears and Roebuck as a kit or mail-order home in the early 1900's, its simple and functional design remains a hallmark today, making it one of the most popular styles of historic homes. 1844 Pine Street was built in 1904 and acquired by the seller in 2005 for just over a $1M. Other than a new kitchen, it doesn't look like much changed during the owner's tenure. According to the historic building inventory records, it was occupied by Joseph Rusho in 1913, a potentially [...]
3 Ridge View Rd [Nederland Notable]
NEDERLAND NOTABLE SALE: 3 Ridge View Rd | $2.7MBuilt in 2020 in the posh Caribou Ridge neighborhood, this luxury turn-key featured four bedrooms, four baths, and about 4,600 SQFT. The design was straight up the fairway for what buyers expect for a new contemporary Colorado mountain home. It still took well over a year to sell, primarily due to overpricing.Deal notes: Acquired for $2.2M in 2020, the seller listed the home at a wishful thinking $3.2M in June of 2022. Like many sellers and listing agents, the reality of the market's drop from the peak in March may have caught [...]
410 Pitkin St [Frisco Notable]
FRISCO NOTABLE SALE: 410 Pitkin St | $2.8MOffered by the original owner; a two story vacation home with five bedrooms, four baths, and a prime location only a few blocks from the après ski action on Main Street.The listing described this home as "one of a kind," but this home was far from from it. There was nothing special or exciting about its tired mid 90's design, finishes, and fixtures. Reality check: Homes large enough for sizable gatherings are rare in Frisco. There were only five sales with five or more bedrooms this year (see below). If anything makes this sale rare, it's the size of the property.Deal notes: 410 Pitkin [...]
1501 Easy Rider Ln 101 [Boulder Notable]
BOULDER NOTABLE SALE: 1501 Easy Rider Ln 101 | $627K A rare off-market deal for an even rarer property. These two story townhome style units are very attractive for professionals who work from home. They're nicely designed, albeit a touch tight on space. Deal Notes: It can be challenging to price units in this development due to the unique design and limited comparable sales. Considering my experience in this neighborhood, including a sale of a similar unit a few years back, my professional opinion is that the seller may have gotten a significantly higher number on the open market. Sales from several years ago exceeded $600/SF. This illustrates the risk [...]
1715 15th St, Boulder
BOULDER NOTABLE SALE: 1715 15th St 7 | $1.15M Our listing in downtown central Boulder. The value proposition: A large condo with four bedrooms, three baths, in the center of downtown. Unlike the some units nearby, this property was not in a luxury complex, but was in a secure building and featured large community outdoor living spaces. It was a rare downtown Boulder value investment. Sellers made tasteful updates, so we positioned it as a intelligent alternative to luxury options and focused our marketing on the layout, community open space, and downtown lifestyle. Deal notes: On market for just under two months before a buyer locked it [...]
717 Hawthorn Ave [Boulder Notable]
BOULDER NOTABLE SALE: 717 Hawthorn Ave | $3.64MA moderate size four bedroom, five bath in Newlands - a neighborhood we track closely. South facing, newer construction, and a three car garage. Design is relatively textbook for what is considered attractive today. Nothing edgy, which is usually the right answer when maximizing profit. The design of the home is relatively narrow due to the narrow lot. Deal notes: It was on the market only two weeks before attracting a strong offer. 717 Hawthorn Ave sold at only a 1.6% discount to list price, cash. Like this content? Check out Fresh Listings. It's our review of the most compelling new listings to hit the [...]
2255 Emerald Rd [Boulder Notable]
BOULDER NOTABLE SALE: 2255 Emerald Rd | $3.92M A gorgeous, newer home in north central Boulder, in a pocket of unincorporated Boulder County, right in the city. Designed with sustainability in mind and with unique custom architecture, it's a fetching property - but given its unique design, not for everyone. The home itself features four bedrooms, four baths, and about 3,800 SQFT, but more importantly LEED Platinum/Net-Zero design. This is a very rare thing in a home, and unlike a spec project, nothing in this home was chosen to maximize profit. It was carefully curated and designed by the owner as a respite, away from the hustle and bustle of the [...]
4651 Eldorado Springs Dr [Boulder Notable]
BOULDER NOTABLE SALE: 4651 Eldorado Springs Drive | $7.37MMarketed with a nod to the Yellowstone television series but, weirdly, not looking anything like the iconic ranch. Clearly the listing agent has never seen the show. Costner would be terribly disappointed. In all seriousness, this property is in one of the most rare and exclusive spots in Boulder County. It's directly adjacent to South Boulder Creek, beyond which exists extensive open space and some of the nicest trails in Boulder. A few years back, we sold a property to long-time clients just up the street from this home. It's truly a special spot. The trophy home features a healthy 5,855 [...]
3307 4th St [Boulder Notable]
BOULDER NOTABLE SALE: 3307 4th St | $4.5M We saw this property multiple times with our Newlands buyers during the first quarter. It was ultimately ruled out due to lack of privacy and deferred maintenance (at this price point in Boulder, buyers expect turn-key condition). This home had some very attractive features, including the covered patio and detached studio. The indoor/outdoor transition was also well executed. Deal Notes: Originally listed at $5M, 3307 4th Street sat on the market for an extended period and underwent one significant price reduction during its ~3 months on market. It eventually sold for $4.5M or $300K below the last list price [...]