4324 Fourmile Canyon Dr
About This Property
The creek-side portion of the property is minimal and has already been flood-mitigated by Boulder County. A Building Lot Determination Letter from Boulder County is already in place, helping streamline the path toward development. Well and septic will need to be installed, and power is available near the property line.
Located just minutes from the heart of Boulder, this property offers the rare opportunity to build a private mountain retreat while maintaining convenient access to the city. Downtown Boulder, Pearl Street, and the University of Colorado are a short drive away, providing easy access to dining, shopping, recreation, and everyday amenities.
Imagine designing a custom mountain home nestled among the trees and rock formations, with expansive windows, outdoor living spaces, and peaceful canyon surroundings. Whether you're envisioning a full-time residence or a Colorado getaway, this property offers the space, setting, and potential to bring that vision to life.
All information deemed reliable but not guaranteed. Buyer to verify all zoning, building, and utility requirements with Boulder County.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2026 | Price Decreased |
$99,995
↓ $20K
(16.7%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed | $120,000 | |
| Listed | |||
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 22, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Elevens Real Estate Inc | $120,000 | |
| Listed by Elevens Real Estate Inc | |||
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Beautiful hilltop raw land. Trees and rock outcroppings, plus VIEWS possible with new home construction. This property is split by Fourmile Canyon, but the area that is on the creek side is very small. The buildable acreage is on the other side of the road. The creek area has been flood mitigated by the county. This property has a Building Lot Determination Letter already from Boulder County. Well and septic will need to be installed, and power is close to the property line. Seller is motivated!!!All documents deemed reliable but not guaranteed, Buyer to verify.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017