Editor’s note: BLDRfly’s fly listing of the week features a story on one listing every week sponsored by a local real estate agent or brokerage. More information on the sponsorship here.
BLDRfly’s fly listing of the week presents a charming home on a double-lot, less than a mile’s walk from Chautauqua and just a few blocks from CU’s campus.
Listed for $1.65 million on the border of Boulder’s Lower Chautauqua and Interurban neighborhoods at 2007 Columbine Ave. by Paul Stone, managing broker of Boulder-based Hinge Real Estate Group, the 1912-built, 2,799-square-foot, two-story home has a recently refinished upstairs with a five-piece bathroom (soaking tub, walk-in closet, walk-in shower, double vanity and toilet). A rarity among homes of this vintage.
The home also sits on a double-lot with a three-car garage, both rare, highly desireable elements in homes in the Chautauqua-area Broadway corridor.
With a lot size of 13,504 square feet, the lot is approximately double the standard lot size found along homes in the Chautauqua-area Broadway corridor, and an outlier — he estimates less than 10 percent of homes in that area have a double-lot. A double lot gives room for a buyer to potentially add significant additions to the home as larger homes have attracted Boulder buyers and residents in recent years.
The home’s two-story, three-car garage also gives potential buyers a desirable feature, not many neighboring homes have. Many families at this price point have extra vehicles they want to store in a garage. In addition, the second story presents an opportunity for an accessory dwelling unit (ADU).
Paul says the property has been approved for an ADU in the past, opening up the possibility that buyers could convert the garage’s second story into a unit or build a new one on the lot’s ample grounds. In recent years, the city has prohibited ADUs in the neighborhood, but the past approval opens up the opportunity for this home.
Covid-19 has, of course, severely slowed Boulder’s typically booming spring real estate season, but activity has picked up, Paul says. In the 30 days in April, only 50 homes came on market, while the first seven days in May, saw 26 homes come to market.
Paul Stone has over two decades of real estate experience, has a Master’s degree in negotiation and serves as an international consultant on real estate technology and new business models. He can be reached at email@example.com.
His brokerage HINGE Real Estate focuses on providing knowledgeable, strategic real estate service with a relationship focus.