Wednesday, January 11, 2017

The TOP Boulder Real Estate Sales of 2016 (Deal #5)

by Osman Parvez
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The buyer of this stunning estate patiently scoured the Boulder real estate market, according to parties knowledgeable about the transaction. After years of searching, he finally found one that checked the boxes. 

It's the #5 top real estate deal of 2016.

400 Utica Avenue



Acquired at a 6.7% premium to the asking price, this $4.8MM trophy parcel comprises a generous 2.1 acres including a protected view corridor overlooking Wonderland Lake and the Flatirons.  

Most of the +2,800 SQFT on the main floor were designed to highlight the perch. Early 60's vintage construction is of little interest to the city, which means it should prove to have excellent bones on which to construct a modern dream home. We look forward to seeing how the new owner executes his architectural vision.  

Click HERE for more eye candy and details.

Note: I often grade locations and investment opportunities for my clients. This is what an A+ location in Boulder looks like. As we used to say on the Street: "strong buy."   



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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 obtaining professional advice before buying or selling real estate. 

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