Property listing for 1077 Canyon Blvd #403, Boulder, CO 80302
ActiveCondominium / Penthouse

$5,990,000

1077 Canyon Blvd #403, Boulder, CO 80302

Arete Penthouse: 4,415 SF with 1,400 SF Wraparound Terrace & Flatiron Views

4 Bed · 4.5 Bath · 4,415 Sq Ft

A full-floor penthouse in downtown Boulder with sweeping mountain and city panoramas.

4

Beds

4.5

Baths

4,415

Sq Ft

2008

Built

N/A (condo)

Lot

Three dedicated underground parking spaces + ~150 SF storage

Garage

About 1077 Canyon Blvd #403

This is one of the most compelling residences currently offered in downtown Boulder — a full-floor penthouse in The Arete that pairs expansive indoor scale with exceptional outdoor living. The 4,415 SF interior was thoughtfully built-out in 2018 and centers on an architecturally striking turret living room with convex glazing that provides uninterrupted views to the Flatirons, Pearl Street, Boulder Creek, Chautauqua and Folsom Stadium. Cooking and entertaining are elevated by a Moros Fabrication Pental slab quartz island, natural stone granite counters, Wolf double ovens and range top, Sub‑Zero refrigeration, custom cabinetry and a built-in wine cooler.

A family room with custom fireplace and marble mantel offers a softer, cozy counterpoint to the grand entertaining space, while an adjacent office with built-ins provides a quiet work-from-home environment. The generous primary suite includes recessed cove lighting, a TV/fireplace wall, a separate primary vanity area and an oversized walk-in closet; the spa-like primary bath is finished in premium stone and fixtures. Three additional bedrooms each enjoy ensuite baths with granite counters—one currently used as a fitness room—so guest accommodations are seamless.

The most remarkable asset is the wraparound terrace—approximately 1,400 SF—served by 15 doors with screens across three exposures, allowing natural airflow and direct connection to the skyline and mountain panorama. Late-day sun and continuous vistas make the terrace a true extension of the living space for dining, gardening and entertaining. Practical conveniences include abundant discrete storage throughout, a ~150 SF dedicated storage room on the garage level, and three deeded underground parking spaces with additional guest parking in the building.

The Arete is consistently one of Boulder’s most highly regarded condominium properties, certified LEED Silver and known for premium construction and strong resale performance. All of downtown—restaurants, galleries, theaters, and the Pearl Street Mall—is within immediate walking distance, and trailheads to the Flatirons and Chautauqua are minutes away. This penthouse represents a rare opportunity to own an iconic downtown Boulder residence with turnkey, high-end finishes and spectacular, uninterrupted outlooks.

Home Highlights

Full-floor penthouse with turret and panoramic Flatiron views~1,400 SF private wraparound terrace with 15 patio doorsHigh-end kitchen: Pental quartz island, Wolf, Sub-ZeroThree dedicated underground parking stalls + storageLEED Silver building, premier downtown location

Property Features

Interior Features

  • 4,415 SF interior with full-floor privacy
  • 4 bedrooms, 4.5 bathrooms
  • Turret-style living room with convex panoramic glazing
  • Custom Moros Fabrication Pental slab quartz island
  • Wolf double ovens and range top; Sub-Zero refrigerator
  • Family room with custom fireplace and marble mantel
  • Home office with built-ins; abundant discrete storage

Exterior & Lot

  • Approximately 1,400 SF wraparound terrace with three exposures
  • 15 patio doors with screens for cross-ventilation
  • Three deeded underground parking spaces
  • ~150 SF private storage room in garage level
  • Urban frontage on Canyon Blvd — steps to Pearl Street

Location & Neighborhood

  • Downtown Boulder — immediate access to Pearl Street Mall (0.2 mi)
  • Short walk to dining, theaters, galleries and grocery
  • Close to trailheads for the Flatirons and Chautauqua (≈1 mile)
  • LEED Silver building within one of Boulder’s most desirable corridors

Walkability & Recreation

  • Walkability Rating: 95/100
  • Easy access to Boulder Creek Path, downtown trails and open space
  • Walking distance to parks, cultural venues and shopping

Neighborhood & Location

Downtown Boulder is an energetic, highly walkable district defined by the Pearl Street Mall, independent shops, restaurants, and cultural venues. Canyon Boulevard places you at the edge of the pedestrian core with immediate access to Boulder Creek and a short ride or walk to open space and Flatirons trailheads. The area attracts professionals, university faculty, and outdoor enthusiasts who prize proximity to both urban amenities and mountain recreation.

Market Insights

Downtown Boulder remains a supply-constrained, high-demand submarket, particularly for trophy residences with meaningful outdoor space and mountain views. Median condo prices in Boulder are substantially higher than statewide averages, and well-appointed penthouse units routinely command a premium above neighborhood price per square foot. Inventory for full-floor penthouses is limited, making well-marketed listings highly visible to affluent local and out-of-area buyers. Expect discerning buyers from the Denver metro, Colorado tech and energy sectors, and relocation buyers seeking walkability and lifestyle. While the ultra-luxury segment has a smaller buyer pool, properly staged and targeted marketing — emphasizing the terrace, turret views, LEED credentials and dedicated parking/storage — should result in competitive interest and offers.

Nearby Schools

Whittier Elementary School

Elementary · 1.2 mi

7/10

Casey Middle School

Middle · 1.5 mi

8/10

Boulder High School

High · 1.6 mi

9/10

Walkability & Recreation

95
Walkability
95
Recreation

Outstanding access to urban trails, Boulder Creek Path, and the Flatirons/Chautauqua trail network — ideal for active lifestyles.

Investment Highlights

  • Full-floor penthouse with **4,415 SF** interior and ~**1,400 SF** terrace
  • Panoramic Flatiron and downtown views from a convex turret living room
  • High-end kitchen with Wolf and Sub-Zero appliances and Pental slab island
  • Three dedicated underground parking spaces plus ~150 SF private storage
  • Arete building — LEED Silver certification and strong resale history

Key Findings

  • List price: **$5,990,000**; price/sf ≈ **$1,357** (from provided data).
  • Interior: 4 bedrooms, 4.5 baths, 4,415 SF; build-out completed in 2018.
  • Outdoor living: ~1,400 SF wraparound terrace with 15 patio doors/screens in three directions.
  • Parking/storage: 3 dedicated underground stalls + ~150 SF storage room.
  • Market: downtown Boulder luxury condo inventory is limited, supporting premium pricing.

Things to Consider

  • Condo governance and HOA financials need review — large terraces and exterior maintenance can impact assessments.
  • Market depth for ultra-luxury condos is narrower than for single-family homes; time to sell may be longer during market softening.
  • Verify zoning/terrace exclusive-use rights and any restrictions on short-term rentals or alterations.

Opportunity Analysis

Acquire a trophy downtown Boulder penthouse with rare private outdoor space and premium finishes that commands top resale pricing and appeals to owner-occupiers seeking urban-luxury with mountain views. Hold or resell to similar buyer cohort; potential to enhance resale value through curated staging and targeted marketing to out-of-state and Denver-area buyers.

Potential Use Scenarios

  • Market aggressively to buyers in Denver metro and tech/energy sectors who prize Boulder lifestyle and walkability.
  • Invest in professional staging emphasizing the turret views and outdoor terrace living; drone and twilight photography recommended.
  • Confirm and highlight LEED Silver building certification in marketing materials — it adds differential value to sustainability-conscious buyers.

Risk Factors

  • Condo assessments for terrace maintenance or special assessments could arise; review reserve study.
  • Ultra-luxury segment can be volatile in down markets; buyer pool is smaller.
  • Potential unknowns in exact private terrace area and condo declaration language; must be verified.

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$5400K

Midpoint

$5900K

High

$6400K

$1357/SF estimated price per square foot

68% confidence

Estimate anchored to the provided list price ($5,990,000) and price/sf (≈$1,357). Range reflects recent luxury condo pricing in downtown Boulder, finishes, terrace area premium, and limited inventory for penthouse product. No live comps search performed—verify with MLS comps and appraisal.

As of 2026-03-13

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$1,000,000
Avg Days on Market45 days
Inventory2.5 months
1-Year Appreciation+350.0%

Demographics

Population (1 mi)35,000
Median Income (1 mi)$90,000

Downtown Boulder attracts professionals, university staff, and affluent households. Strong demand for walkable urban residences; supply of high-end condos is limited.

Nearby Points of Interest

  • Pearl Street Mall (0.2 mi)
  • Chautauqua Park (1.1 mi)

Immediate access to Pearl Street Mall, Boulder Creek, restaurants, arts and cultural venues, and trails leading to the Flatirons and Chautauqua.

School District

DistrictBoulder Valley School District (BVSD)
ElementaryWhittier Elementary School (approx. rating 7-8/10) — verify enrollment boundaries
MiddleCasey Middle School (approx. rating 7-8/10)
HighBoulder High School (approx. rating 8-9/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2008
Constructionconcrete/steel with high-end interior finishes (typical for luxury downtown condo)
Heatingcentral
Coolingcentral
Basementnone
FireplaceYes
Conditionexcellent

Lot & Site

Topographylevel
Parkingunderground_assigned
Parking Spaces3
FrontageUrban building frontage on Canyon Blvd with main pedestrian access; unit sits above street-level

Utilities

Watermunicipal (City of Boulder)
Sewermunicipal
Electricmunicipal/utility provider (Xcel Energy)
Gasavailable

Zoning & Land Use

Zoning Codelikely MU / downtown mixed-use zoning (verify with City of Boulder zoning map)
DescriptionUrban mixed-use/residential high-density zone typical for downtown condominium towers; building LEED Silver certified
JurisdictionCity of Boulder

Allowed Uses

Residential condominiumRetail/Commercial at street level (building level)Professional offices (subject to local zoning rules)
Current Useresidential

Tax & Sale History

Tax Assessment

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