Thursday, January 12, 2017

The TOP Boulder Real Estate Sales of 2016 (Deal #4)

by Osman Parvez
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Who wouldn't want to take a long bubble bath, when you can enjoy it with a view overlooking Boulder? Or perhaps you'd like to dine with a sunset backdrop before snuggling in for a movie in your custom screening room?  

Ready for some serious eye candy? It's the #4 top Boulder real estate deal of 2016:

Note: This post is part of a series. Click here for house #5

19 Arrowleaf Court | $5.4MM


5 bedrooms, 7 bathrooms, and over 10,000 finished SQFT in one of the best locations in Boulder. If you haven't heard of it, Pine Brook is an enclave of luxury homes, just North of Mt. Sanitas. It's a fast bike ride down to downtown, or you could put on your hiking boots and take the trails instead.  


Click HERE for the eye candy.

Deal Notes and Fun Facts: Listed for wishful thinking multiple times, starting at $8.5MM in 2011. The seller cut the price six times and hung on for five years before tightening their belt and accepting a buyer's offer at $5.4MM.  

Remember: When it comes to real estate investing, hope is not a strategy. If your Realtor wants to price your home on the size of their ego, fire them and find a better real estate adviser. 

The new owner is a managing director of Capital Royalty Group, a financing specialist for the biotech industry. 

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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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