$1,489,000
●
House -
Off Market
298 Balsam Ln
Boulder, CO 80304
3 Beds
1 Bath,
1
Half Bath
3,877 Ft²
$1,261,727
RealtyHop Estimate
-6.54%
Since Jun 1, 2022
CO-Denver
Primary Model
About This Property
Pine Brook Hills gem! This is Colorado outdoor living at its best!
Sweeping views from the huge, sun drenched deck overlooking
foothills, meadows, and Hidden Creek, ideal for entertaining and
outdoor dining. Originally built in 1972, this home has undergone a
complete transformation since 2006. Vaulted ceilings with soaring,
exposed beams, new windows and skylights fill each room with
tremendous natural light. Great room has a wall of windows and
brings the outside in. Huge open kitchen w/hickory cabs, SS
appliances, custom counters & walk-in pantry. Upstairs, the primary
suite features pine beetle accents, bedside views and serene
reading/mediation area. Lower level walk-out has 8 foot ceilings,
cork floors, 2BR's, full Bath, laundry room & flex space. Relax on
the Flagstone patio w/views of the garden, trees and trails! New
Hardie siding, 50 year roof, new Trex deck, New boiler and more!
Gentle driveway w/new shed, RV parking and future garage. Make your
Colorado dream come true!
Unit Size
3,877 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$348
Property Type
House
Property Taxes
$552
HOA Dues
$6
Year Built
1972
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 months ago (REcolorado MLS #1879203)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2022 | Sold | ||
| Sold | |||
| Apr 16, 2022 | Listed by RE/MAX Alliance | $1,350,000 | |
| Listed by RE/MAX Alliance | |||
| Aug 20, 2020 | No longer available | - | |
| No longer available | |||
| Jul 16, 2020 | Listed | $995,000 | |
| Listed | |||
| | |||
|
Mountain paradise just 10 mins to Boulder! Spectacular private setting, this ~1 acre parcel is nestled at the end of Balsam Ln. Sweeping views from a huge sun drenched deck that overlooks rolling hills, meadows and hidden creek. Originally built in 1972 this home has undergone a transformation since 2006. Gentle regraded driveway w/turnaround/RV parking, new shed & space for 2 car garage. Vaulted ceiling w/soaring beams and skylights open up a huge living room w/woodstove. Spacious main floor kitchen w/walk-in pantry opens to great room w/giant wall of windows. Beautiful glass doors open to the sprawling rebuilt trex deck. Lower level walk out has 8'ceilings, cork floors, Marvin windows, custom doors and 2 bedrooms and full bath. Upstairs, a vaulted space awaits your vision to complete this Master suite with a wall of windows and views! Flagstone patio w/rock walls, enclosed garden, trails! Tremendous potential to make this your dream home! Colorado outdoor living at its best! The manager has listed the unit size as 3877 square feet.
| |||
| Sep 5, 2006 | Sold | ||
| Sold | |||
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Pine Brook Hill
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Currently no similar homes aroundNearby Rentals
Listed by: Kristen Martin, RE/MAX Alliance
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 1879203
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 1879203
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