Property listing for 650 Terrace Ave Unit E, Boulder, CO 80304
ActiveCondo

$1,700,000

650 Terrace Ave Unit E, Boulder, CO 80304

Vaulted Contemporary Condo with Sweeping Open-Space Views

2 Bed · 2 Bath · 1,692 Sq Ft

Modern 2-bed, 2-bath condo with large balcony and underground parking

2

Beds

2

Baths

1,692

Sq Ft

2019

Built

N/A (Condo / Common Area)

Lot

1 assigned underground parking space (garage door opener)

Garage

About 650 Terrace Ave Unit E

This sophisticated, one-level contemporary condo delivers the rare combination of expansive volume, refined finishes, and direct open-space exposure. With 16-foot vaulted ceilings, walls of windows, and nearly 1,700 square feet of carefully designed living space, Unit E reads like a luxury single-family residence without the upkeep. The open living room and dining area flow to a private balcony—approximately 200 square feet—ideal for dining, birdwatching, or watching weather sweep across the foothills.

The kitchen is practical and appointed: gas range, dishwasher, refrigerator, microwave, disposal, and a custom-designed pantry. Rich hardwood floors move through the main entertaining spaces while custom built-in shelving and carefully detailed closets provide organized storage and tailored function. The primary suite is calm and well-proportioned with designer finishes in the attached bath; wallpaper accents and plantation shutters add personality and tasteful texture throughout.

Mechanical systems are modern and efficient — forced-air heating, central air conditioning, and a tankless water heater — and the unit features a Kiko and Lutron lighting system to create layered illumination for ambience and art display. An assigned underground parking space with a garage door opener provides secure resident parking, and the building offers a quiet, low-maintenance lifestyle with direct access to trails and nearly unlimited open-space views.

Located above permanent open space with immediate trail access and an easy drive or bike ride to Downtown Boulder and the Pearl Street corridor, this residence is ideal for buyers seeking an elevated condo experience: scenic views, turnkey finishes, and proximity to Boulder’s outdoor and cultural amenities. Schedule a private showing to experience the volume, finishes, and vistas that set this property apart.

Home Highlights

Built 2019 — modern systems and finishes16' vaulted ceilings and walls of windowsPrivate balcony ~200 SF overlooking permanent open spaceAssigned underground parking (1 space)Custom built-ins, hardwood floors, and designer lighting

Property Features

Interior Features

  • 16' vaulted ceilings
  • Open-concept living and dining
  • Hardwood floors throughout main living areas
  • Custom built-in shelving and closet systems
  • Designer wallpaper accents in bathrooms
  • Tankless water heater
  • Kiko and Lutron lighting systems
  • Central air and forced-air heating

Exterior & Lot

  • Approximately 200 SF private balcony/deck with open-space views
  • Abuts public open space and trail access
  • Assigned underground parking space with garage door opener
  • Low exterior maintenance (condo ownership)

Location & Neighborhood

  • Quick drive or bike access to Downtown Boulder & Pearl Street (3–4 miles)
  • Adjacent to hiking/biking trails and Boulder open space
  • Close to restaurants, coffee shops, and cultural venues
  • Neighborhood: north/west Boulder with foothills proximity

Walkability & Recreation

  • Walkability Rating: 60/100
  • Immediate access to regional trails and open space
  • Short bike commute to downtown amenities
  • Nearby parks and outdoor recreation

Neighborhood & Location

This unit sits in a quiet Boulder neighborhood that fronts permanent open space and trail systems. The area blends foothills access with neighborhood-scale streets and low-rise residential buildings. It provides quick routes to downtown Boulder, while preserving a feeling of separation from the bustle thanks to the adjacent open space. Residents enjoy easy access to hiking, mountain biking, and year-round outdoor activities plus a short drive or bike to Pearl Street’s shops and restaurants.

Market Insights

Boulder remains a high-demand market, particularly for homes and condos that combine high-quality construction with access to open space and trails. As of early 2026 the area shows constrained inventory and steady buyer interest: median sale prices in desirable Boulder neighborhoods have seen single-digit annual appreciation and brisk turnover for well-priced product. Condominiums at the top of the market (newer construction, premium finishes, exceptional views) command buyer attention, though the pool can be smaller than for single-family homes. For sellers, accurate pricing and HOA transparency are critical; for buyers, opportunities exist when a unit offers tangible lifestyle benefits—like direct open-space access and private outdoor living—while avoiding the maintenance of a detached home. Confirm HOA dues and reserves before contract to assess total cost of ownership.

Nearby Schools

Foothill Elementary (BVSD)

Elementary · Approx. 1.0–1.5 mi

7/10

Casey Middle School (BVSD)

Middle · Approx. 2.0–3.0 mi

7/10

Boulder High School (BVSD)

High · Approx. 3.0–4.0 mi

7/10

Walkability & Recreation

60
Walkability
92
Recreation

Exceptional access to regional trails and open space — ideal for hikers, trail runners, and cyclists; outdoor recreation is a primary selling point.

Investment Highlights

  • Contemporary 2019 construction with modern systems and finishes
  • Large vaulted 16' ceilings and walls of windows for expansive views
  • Private outdoor balcony ~200 SF overlooking permanent open space
  • Assigned underground parking space and low-maintenance condo ownership
  • Strong location with trails access and short drive to Downtown Boulder

Key Findings

  • 2 bed / 2 bath, 1,692 SF condominium built in 2019
  • List price: $1,700,000; AVM: ~$1,666,226
  • Significant improvements: hardwood floors, custom built-ins, tankless water heater, designer lighting
  • Previously sold in 2019 for $1,016,500 — notable appreciation to asking price
  • Assigned underground parking (1 space); HOA present (fee to be confirmed)

Things to Consider

  • HOA dues and reserve fund status unknown — verify before purchase
  • Condo market can be more rate-sensitive than detached homes
  • Exact school assignments should be confirmed with BVSD
  • Potential resale pool narrower due to higher price point for condo product

Opportunity Analysis

Buy a premium, low-maintenance Boulder condo that delivers single-family-lifestyle benefits — vaulted ceilings, significant outdoor living space, and direct open-space access — at a price point below comparable detached homes with similar views and proximity to trails.

Potential Use Scenarios

  • Confirm HOA documents and reserves; negotiate price or credits if HOA shows limited reserves
  • Market to downsizers and professionals seeking one-level living with high-end finishes
  • Emphasize unique open-space adjacency and balcony in marketing to differentiate from typical condos

Risk Factors

  • HOA assessments or special assessments could affect cash flow for investors
  • Condo resale market narrower at higher price tiers
  • Interest-rate sensitivity could reduce buyer pool

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

AI Valuation Estimate

Low

$1620K

Midpoint

$1700K

High

$1780K

$1005/SF estimated price per square foot

66% confidence

Estimate anchored to list price of $1,700,000 and historic 2019 sale. Range reflects premium for views, recent construction (2019), low inventory in desirable Boulder segments, and condo vs. detached home valuation differentials. No live comp pull performed.

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$950,000
Avg Days on Market25 days
Inventory2 months
1-Year Appreciation+400.0%

Demographics

Population (1 mi)12,000
Median Income (1 mi)$95,000

Boulder has steady demand from tech, university, and outdoor-recreation professionals. Population and income figures estimated; verify with up-to-date census/ACS.

Nearby Points of Interest

  • Boulder Open Space / trailheads (direct access)
  • Downtown Boulder (approx 3-4 miles)

Direct access to hiking trails and open space; short drive to downtown Boulder retail, restaurants and the Pearl Street corridor. Nearby bike routes and regional trails connect to larger network.

School District

DistrictBoulder Valley School District (BVSD)
ElementaryFoothill Elementary (BVSD) — estimated rating 7/10
MiddleCasey Middle School (BVSD) — estimated rating 7/10
HighBoulder High School (BVSD) — estimated rating 7/10

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

Property Details

Building Details

Year Built2019
Constructionwood frame with modern contemporary finishes (likely stucco/metal accents)
Stories1
HeatingForced Air
CoolingCentral Air
Basementnone
FireplaceNo
Conditionexcellent

Lot & Site

Topographylevel
Parkingunderground_assigned_space
Parking Spaces1

Utilities

WaterCity
SewerPublic Sewer
ElectricElectricity Available
GasNatural Gas Available

Zoning & Land Use

DescriptionCondo/Residential multi-family zoning (specific code to be verified with City of Boulder).
JurisdictionCity of Boulder / Boulder County (condominium zoning)

Allowed Uses

Residential condominiumAccessory uses per HOA rulesNo commercial uses without variance
Current Useresidential

Tax & Sale History

Tax Assessment

Sale History

2019-07-31$1,016,500
2026-03-10$1,700,000

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