Check Availability
$3,900,000
● Land - For Sale

1560 Sumac Ave

Boulder, CO 80304
bedrooms
Studio
bathrooms
0 Bath
$22,569
Est. Monthly

About This Property

Tremendous opportunity to purchase one of the largest properties left to develop in the heart of coveted North Boulder!  With a lot size of 40,897 square feet and RL-1 zoning, multiple building options could include a 4 and potentially 5 lot subdivision OR build a true dream estate among some of the finest residences in town. This premium lot features endless southern exposure with unobstructed views across the riparian corridor to the Foothills and Flatirons beyond. Walkability to Wonderland Lake and Lucky's shopping market are an added bonus to this incredible setting. The property has been annexed but not yet subdivided. An Environmental Site Assessment has already been conducted along with a feasibility study by renowned Coburn Architecture - all of the heavy lifting has been done while maintaining the ultimate flexibility...build a family compound, a custom dream home or a multi-residence enclave...you decide! Buyer to verify all current and future entitlements.
Unit Size
-
Days on Market
-
Land Size
0.94 acres
Price per sqft
-
Property Type
Land
Property Taxes
$3,419
HOA Dues
-
Year Built
-

Listed By

Stephen Remmert
Compass - Boulder

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Last updated: 2 years ago (IRES MLS #1008121)

Price History

Date / Event Date Event Price
Apr 26, 2024 Listed by Coldwell Banker Realty 02 $3,900,000
Listed by Coldwell Banker Realty 02
Feb 11, 2024 Listed $4,300,000
Listed
Incredible opportunity to purchase one of the largest properties left in the heart of coveted North Boulder! With 40,897sqft and zoned RL-1, there is precedent directly adjacent for a 4 lot subdivision (a new study supports the possibility of a 5th lot!) OR build your dream home among some of the finest residences in town with neighboring homes pushing the $10m mark. Endless southern exposure with unobstructed view corridors across the riparian corridor to the Foothills and Flatirons beyond. Coburn Architecture is conducting a feasibility study which is available upon request. The property is annexed (surveys in additional docs) but not yet subdivided. All of the heavy lifting has been done while maintaining the ultimate flexibility...family compound, custom single family or multi-residence enclave...you decide! Buyer to verify all current and future entitlements.
Feb 14, 2023 Listed $4,300,000
Listed
Incredible opportunity to purchase one of the largest properties left in the heart of coveted North Boulder! With 40,897sqft and zoned RL-1, there is precedent directly adjacent for a 4 lot subdivision (a new study supports the possibility of a 5th lot!) OR build your dream home among some of the finest residences in town with neighboring homes pushing the $10m mark. Endless southern exposure with unobstructed view corridors across the riparian corridor to the Foothills and Flatirons beyond. Coburn Architecture is conducting a feasibility study which is available upon request. The property is annexed (surveys in additional docs) but not yet subdivided. All of the heavy lifting has been done while maintaining the ultimate flexibility...family compound, custom single family or multi-residence enclave...you decide! Buyer to verify all current and future entitlements.
Nov 17, 2022 Sold
Sold
Dec 5, 2006 Sold
Sold
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Property Highlights

Exterior Details
Lot Features: Level, Irrigation Well Included
Lot Size Area: 40924
Lot Size Units: Square Feet
Lot Size Acres: 0.94
Lot Size Square Feet: 40924
Water Source: City Water, City
Financial Details
Tax Annual Amount: $41,026
Utilities Details
Sewer : City Sewer

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,924
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MOORES & REPLAT LOT 15 BLK 30 - BO
  • Land Acres: 0000000940
  • Standard Land Use Code: 8001
  • County Land Use Code: 0100
  • Legal Description 1: LOTS 4-5 & 14-15 BLK 10 MOORES SPLIT SEE ID 106835 & 106836

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012105

Geography

  • Assessors Map Reference: B11-J
  • Account Number: R0033561
  • Parcel: R0033561
  • Block: 10
  • Lot: 4
  • Meridian: SEC 18 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0503
  • Longitude: -105.278

    Address

  • Full Address: 1560 Sumac Ave
  • Address - House Number: 1560
  • Address - Street Name: Sumac
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Boulder
  • Carrier Code: C046
  • 4-Digit Zip Code: 0810
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,247,218
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 00-010

    Market Valuation

  • Market Total Value: $1,702,744
  • Market Land Value: $1,702,744

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,066
  • Assessed Land Value: $475,066

    Sales

  • Current Sale Contract Date: Nov 15, 2022
  • Current Sale Recording Date: Nov 17, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3989181
  • Previous Sale Recording Date: Dec 05, 2006
  • Previous Sale Contract Date: Dec 04, 2006
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Boulder


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Nearby Rentals

Unit for rent at 1240 Cedar Ave, CO, 80304

$1,642 /mo

  • 1 Bed
  • 1 Bath
1240 Cedar Ave, CO, 80304 Listing by Rick Rivera


Frequently Asked Questions

When was property at 1560 Sumac Avenue built and last sold?
The property at 1560 Sumac Avenue was built in and last sold on Nov 15, 2022 for $4,300,000.
How much is this home worth?
The estimated value of the home located at 1560 Sumac Avenue is $3,939,000.
What are some comparable homes to 1560 Sumac Avenue?
There are currently no comparable homes to 1560 Sumac Avenue.