Homes/Colorado/Boulder/650 Terrace Ave Unit E
CompCasa Property Analysis · condo

650 Terrace Ave Unit E

Vaulted Contemporary Condo with Sweeping Open-Space Views

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

2 beds2 baths1,692 sq ftBuilt 2019Assigned underground parking space (1)
CompCasa valuation analysis
Estimated market value
$1,700,000
Low $1,620,000 · Midpoint $1,700,000 · High $1,780,000
Confidence66%Sales comparison approach
Last recorded sale$1,700,000Mar 10, 2026
CompCasa estimate$1,700,000Mar 13, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$1,620,000$1,700,000 midpoint$1,780,000
Price / sq ft$1005
Median sale price$950,000
Avg days on market25 days
Inventory2 months

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.

About the property

Vaulted Contemporary Condo with Sweeping Open-Space Views

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.

Property details

A 2019 contemporary.

Building

Year built2019
ConstructionWood Frame With Modern Contemporary Finishes (Likely Stucco/Metal Accents)
HeatingForced Air
CoolingCentral Air

Site & utilities

GarageAssigned underground parking space (1)
Stories1
ConditionExcellent
BasementNone
FireplaceNo
Improvement notesContemporary interior finishes, hardwood floors, custom built-ins, tankless water heater, Kiko and Lutron lighting system, plantation shutters. Large vaulted 16' ceilings and walls of windows. Private balcony ~200 SF.
TopographyLevel
ParkingUnderground Assigned Space
Parking spaces1
Parking notesAssigned underground garage/park space with garage door opener; no private driveway.
AccessCondo community with pedestrian access to adjacent public open space and nearby trails.
WaterCity
SewerPublic Sewer
ElectricElectricity Available
GasNatural Gas Available
Location & nearby

North/West Boulder (adjacent to permanent open space)

Researched nearby locations

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

Location

650 Terrace Ave Unit E, Boulder, CO 80304

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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

ElementaryFoothill Elementary (BVSD) — estimated rating 7/10
Middle schoolCasey Middle School (BVSD) — estimated rating 7/10
High schoolBoulder High School (BVSD) — estimated rating 7/10
School districtBoulder Valley School District (BVSD)
Market context

A factual market snapshot around 650 Terrace Ave Unit E.

Median sale price$950,000
Avg days on market25 days
Inventory2 months
1-year appreciation400.0%
5-year appreciation1800.0%
Editorial market perspective

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.

Zoning & land use

Condo/Residential multi-family zoning (specific code to be verified with City of Boulder).

Zoning

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

Research-indicated uses

  • Residential Condominium
  • Accessory Uses Per HOA Rules
  • No Commercial Uses Without Variance
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2019-07-31$1,016,500
2026-03-10$1,700,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

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)
Highlights & features

What stands out about this property.

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin (scraped)View source
2
IRES MLS (price history)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.