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1560 Sumac Ave, Boulder, CO 80304
$3,900,000
1560 Sumac Ave, Boulder, CO 80304View this property at 1560 Sumac Ave, Boulder, CO 80304
1560 Sumac AveBoulderCO80304
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Property Description
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.
Full Property Details
Full Property Details for 1560 Sumac Ave
General
- Price: $3,900,000
- Taxes: $41,026 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: 1008121
- Updated: 4/26/2024
- Added to Site: 11 day(s) ago
Location
- Area: Boulder
- County: Boulder
- Subdivision: Moores
- Driving Directions: From Broadway, go East on Sumac Ave, property is on the South side of the street.
School Information
- School District: Boulder Valley Dist RE2
- Elementary School: Crest View
- Middle School: Centennial
- High School: Boulder
Utilities
- Gas: Natural Gas
- Sewer: City Sewer
- Water: City Water, City
Lot Features
- Property View: Foothills View
- Lot Size (Acres): 0.94
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Irrigation Well Included, Level
- Development Status: Raw Land
- Best Use: Single Family
- Zoning: RL-1
Financial Considerations
- Tax Amount: $41,026
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.8%
Listed by Compass - Boulder (303) 487-5472
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Schools
Schools serving 1560 Sumac Ave
School District:Boulder Valley School District No. Re2
Rating | Name | Grades | Distance |
---|---|---|---|
1897 Sumac Ave, Boulder, CO 80304 | K-5 | 0.2 mi | |
2205 Norwood Ave, Boulder, CO 80304 | 6-8 | 0.6 mi | |
1604 Arapahoe Ave, Boulder, CO 80302 | 9-12 | 2.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1560 Sumac Ave
Date
Details
Price
Change
Source
4/26/2024
Listed
$3,900,000
-9.3%
MLS
11/15/2022
Sold
$4,300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1560 Sumac Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$41,026
-3%
$475,066
4%
2022
$42,472
8%
$457,359
—
2021
$39,367
—
$457,359
22%
2021
$39,367
23%
$374,100
—
2019
$32,065
41%
$374,100
43%
2018
$22,754
3%
$262,450
—
2017
$22,042
16%
$262,450
20%
2016
$18,928
6%
$218,660
—
2015
$17,924
44%
$218,660
51%
2014
$12,467
2%
$145,000
—
2013
$12,192
—
$145,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1560 Sumac Ave
1560 Sumac Ave, Boulder, CO 80304 (MLS# 1008121) is a Lots/Land property with a lot size of 0.94 acres. 1560 Sumac Ave is currently listed for $3,900,000 and was received on April 26, 2024. Want to learn more about 1560 Sumac Ave? Do you have questions about finding other Lots/Land real estate for sale in Boulder? You can browse all Boulder real estate or contact a Coldwell Banker agent to request more information.