Home News A $19.875 Million Home Aims to Break This Colorado City’s Price Record

A $19.875 Million Home Aims to Break This Colorado City’s Price Record

by admin
0 comment

According to compass list agent Lucy Conklin, if you ask for $ 19.875 million at your home in Boulder, Colorado, you’ll set a city record if you get that asking price.

The sellers are real estate developer Christopher Foreman and his ex-wife Laura McCain Foreman. Foreman said he lived in Chicago and Paris before settling in Boulder in 2010 and paid $ 1.9 million for the land. He said they had built a custom home, completed it in 2012 and used it as the main home of the family. He declined to reveal the cost of building a house.

According to Conklin, the city’s current record home sales were about $ 13 million in 2017.

According to Conklin, the approximately 11,500-square-foot site is within walking distance of downtown Boulder’s shopping area. Located on approximately 1.23 acres of grounds, the 4-bedroom main building features a movie room, wine cellar, yoga studio, sauna and three limestone fireplaces. According to Conklin, the house also has two great rooms with two kitchens, a sunroom and an 11-foot-high ceiling.

“I wanted my friends and family to stay for a long time, but I allowed everyone privacy,” Foreman said.

Accommodation also includes a saltwater pool, a carriage house with guest apartments, and a pool house with offices. According to Conklin, the well-kept garden has a stilt vegetable garden, a separate herb garden, and a large outdoor fireplace.

Foreman is President of Moonbeam Investment Corporation, based in Chicago and Boulder.

Boulder single-family homes sold at a median of about $ 1.46 million in the first quarter, up from $ 1.36 million in the same period last year, Conklin said. Until May.

“Boulder, like any other country, is beginning to feel the impact of high interest rates and the rise in real estate on the market,” Conklin said. It’s still common for prime properties to sell above the asking price, but properties that require work in less desirable areas have been on the market for a long time and may see price cuts.

Write to Sara Painter [email protected]

Copyright © 2022 DowJones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

You may also like