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1077 Gilbert St
Boulder, CO 80302
$6,995,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
5856
Property Description
Tucked away within Boulder's captivating landscape; just minutes from downtown Boulder and Chautauqua Park, this exceptional residence seamlessly merges contemporary luxury with nature's serenity. Drawing from diverse global influences, the property embodies sophistication and calm. It holds a prime position, embraced by meticulously maintained native clover lawns, blossoming flora, and towering trees set against the backdrop of the steadfast Flatirons, a quintessential symbol of Boulder's natural beauty. a clever private water fall graces the property with healing sounds and presence. Harmonizing effortlessly with its surroundings, every convenience coexists with design elements paying homage to diverse cultures while remaining grounded in Colorado roots. The standout features of the natural stone waterfall artfully complementing the surrounding rock formations, carefully crafted gardens, a contemplative stone patio, inviting moments of introspection while providing unmatched settings for outdoor entertaining. The use of sustainable, handpicked western logs throughout the residence adds rustic elegance, further connecting the home to its Colorado mountain heritage. Embracing the rich textures of wood is a welcoming fireplace, the residence offers a cozy retreat that radiates warmth and relaxation. The functional kitchen caters to culinary pursuits, while the sunroom invites a quiet confidence. Thoughtfully positioned, the primary suite captures the evolving light from sunrise to sunset, revealing an ever-changing landscape that resonates with the surroundings. The west wing bedroom suite could become a wonderful 2nd primary suite. Nature's influence permeates every corner indigenous fauna enhance the ambiance. This residence adeptly blends modern luxury with quintessential Boulder living, resulting in a residence that epitomizes equilibrium. Nestled among flourishing greenery, immerse yourself in a unique form of opulence rooted in simplicity and tranquility.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1949
MLS Number
995659
Location
Address
1077 Gilbert St
City
Boulder
State
CO
Zip Code
80302
County
BOULDER
Listing
Provider
Colorado Landmark, Realtors, original listing
Name
Colorado Landmark, Realtors
Phone
(303) 443-3377
Office Name
Slifer Smith & Frampton-Bldr
Office Phone
(303) 443-3377
Agent Name
Joel Ripmaster

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.