A recent Boulder home listing aims to set a city record.
The 10,169-square-foot estate at 835 Juniper Ave. in Boulder was listed for sale on June 28 for $19.9 million.
The existing record sale for a Boulder home was set in 2017 by an off-market $13 million transaction on 4th Street, not far from the new listing, according to listing agent Lucy Conklin with Compass- Boulder.
The second most expensive was the 2018 sale of an 8,218-square-foot home on 4 acres at 3840 Pleasant Ridge Road for $8.1 million, according to MLS.
The custom home at 835 Juniper Ave. was designed by architects Annette Martin and Lisa Egger and built by Sugarloaf in 2012. Sellers Christopher Foreman and his ex-wife Laura McCain-Foreman purchased the 1.23-acre property for $1.9 million in 2010, according to property records.
Conklin said the value of the property’s two contiguous lots is now around $7 million, based on similar plots nearby that sold for $5 million and $6 million.
“The cost to build, after talking to the builder, would be around $12.5 million to $14 million today,” Conklin said. “All three structures have reclaimed wood siding and metal roofs, and there’s incredible hardscaping with book-match sandstone throughout the exterior.”
Foreman is the president of Moonbeam Investment Corp., a real estate investment company, according to his LinkedIn. Moonbeam constructed the Trailhead community with 23 single-family homes at the junction of 4th Street and Dewey Avenue in Boulder. McCain-Foreman is the owner of jewelry design company Studio Manifesta, according to her LinkedIn.
“The seller bought this land to raise his children the last 10 years before they went to and graduated from college,” Conklin said. “He built it so that his kids and family could have this incredible experience together, and also create spaces where he can work out of the house, and where friends and family can visit and not feel like they’re on top of each other.”
The Boulder property has an 8,285-square-foot main home with four bedrooms, a movie theater, wine cellar, yoga studio, sauna and three limestone fireplaces. There are also two kitchens, a sunroom and two great rooms with 11-foot-high ceilings.
Outside, there’s a courtyard with a 12-foot-deep saline pool and hot tub, a pool house with an office, and a 2,496-square-foot carriage house with a guest apartment above the four-car garage.
“Just to find this kind of land elsewhere in Boulder County, good luck, and then it’s at least three years with the city to actually create what he created,” Conklin said. “There’s an irreplaceability factor, but Boulder hasn’t seen $25 million sales before, so the seller didn’t want to push over $20 million. You can buy that $5 million parcel and build a $10 million house on it, but you can’t create this incredibly private, elaborate compound.”
This story was reported by our partner BusinessDen.
Read More:Boulder mansion for sale, listing at nearly $20M, well above city’s record
2022-07-19 12:00:20
