Buyers Sellers

What you get for $3 million


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By Elizabeth Gold July 6, 2012

Brokers Tom and Judy Spear show off a home at 7431 N. 73rd St. near Longmont that was designed by David Nassar. “He builds houses, lives in them, gets them where he wants them and then moves on,” Tom Spear said.

Houses in the $3 million range and above are starting to move more steadily, according to Tom Spear, broker with Sotheby's International Realty.

"The top-end market is starting to loosen," he said.

Spear reminds sellers that buyers for properties in this price range are savvy in the house-buying world and therefore selective about what they're looking for.

"Three-million-dollar buyers want something that really catches their eye," he said. "They're fairly sophisticated and probably have bought and sold a few homes already, so they have a developed sense of their taste."

Spear's experience shows that what appeals to this market are "clean, well done houses with no problems."

Updating homes that went up in 1980s is vital.

Spear referred to a property he's listing in Longmont as a good example of a wide-appeal property.

"It's a designer-built home by a fairly well-known designer, David Nassar," Spear said. "He builds houses, lives in them, gets them where he wants them and then moves on."

The house at 7431 N. 73rd St. includes views of Longs Peak, a pool and a tennis court that Spear refers to as professional post tension, meaning it won't crack over time.

"It also means you can't blame your game on the cracks," he laughed.

Spear noted that houses like this one tend to attract people with large families who are from places such as California or Texas and looking for the Colorado lifestyle.

"They want to live in the mountains but can't handle the altitude, so homes along the Front Range work well."

1820 Mallard Drive, Broomfield | $2,999,990 : wwww.coloproperty.com/listing/details/961342/1820-Mallard-Dr-Broomfield-CO-80020
Unique features
This property in the Whistlepig subdivision backs up to one of two private lakes and more than 2,200 acres of open space.

Inside
The house contains a gourmet kitchen and kitchen island with a butler's pantry, cathedral ceilings, wood floors, fireplaces, a media room, walk-in closets and a basement that's more than 90 percent finished. Central air conditioning and forced-air heating maintain a balanced environment. The house also includes a wet bar, elevator, game room, wine cellar, exercise room and steam shower.

Outside
A covered deck and balconies provide great mountain-viewing spots. The garage holds four vehicles.

9995 Carbon Road Broomfield | $2.9 million : www.coloproperty.com/listing/details/967242
Unique features
This property includes more than 78 acres and sits next to 1,000 acres of open space. It also contains five additional house sites, an operating natural oil well, water rights and horse boarding operations.

Inside
The open floor plan includes an almost completely finished walk-out basement, a sump pump, an eat-in kitchen and pantry, cathedral ceilings, workshop, walk-in closets, sauna, wet bar, skylights and fireplaces.

Outside
The property includes a lawn sprinkler system, storage buildings, patio and hot tub. It's zoned for horse corrals, pastures, an arena, tack room, loafing shed, hay storage building and access to riding trails.

7431 N 73rd St., Longmont | $3.995 million : www.coloradohomes.com/property/details/466051/MLS-678256/7431-N-73Rd-St-Longmont-CO-80503.aspx
Unique features
This French country estate sits on 10 acres and includes water rights and expansive mountain views.

Inside
The newly renovated two-story house includes soaring beamed ceilings, reclaimed 120-year-old oak flooring, and la cantina doors that open up to a covered patio. The open floor plan includes wood floors, a fireplace, an eat-in kitchen with a kitchen island, a separate dining room, pantry, walk-in closets, wet bar and media room. Central air conditioning and multi-zoned heat keep the inside comfortable in all kinds of weather.

Outside
The house includes a pool and tennis courts. The 6,000-square-foot, two-story outbuilding contains a full woodworking shop, a loft and storage space for multiple vehicles. The garage will hold three vehicles. The yards contain evergreens, deciduous trees and native grass.

2002 Alpine Ave., Boulder | $2.995 million : www.realtor.com/realestateandhomes-detail/2002-Alpine-Ave_Boulder_CO_80304_M26359-88760?source=web
Unique features
This energy-efficient house was built with non-toxic materials and sustainable woods. It includes solar hot water, 9.3-kilowatt photovoltaic, solar thermal, Viessman radiant-heat boiler and gray-water system.

Inside
This house is designed with an American clay wall finish, American walnut cabinets with matching grain, Legranto quartz counter tops and Gaggenau appliances, which include a built-in espresso machine and an induction cook top. Additional features include an eat-in kitchen with a kitchen island and pantry, media room, open floor plan, separate dining room, walk-in closets, wet bar, fireplaces, high-efficiency furnace, double-pane windows, multi-zoned and hot-water radiant heat, wood floors, wood windows and a 90 percent finished basement.

Outside
The house includes a heated garage that holds four vehicles, a lawn sprinkler system, a patio, and views from the rooftop deck.

7283 Old Post Road, Boulder | $2.85 million : www.coloproperty.com/listing/details/977311
Unique features
The house sits on a large, wooded lot just south of Boulder Country Club.

Inside
The house, formerly owned by an architect, includes soaring ceilings, 14 skylights and 11 clerestories that bring light and ambience in. Maple hardwood floors surround a maple and glass stairway and a 14-foot-tall tree. Additional features include natural stone accents, three fireplaces, four water features, two hidden door bookcases and a newly built walk-out lower level. The walk-out basement is 90 percent finished and also contains a fireplace.

Outside
Sitting on a corner lot, the level property includes evergreens, deciduous trees, a lawn sprinkler system, storage buildings, patio and heated garage that holds two vehicles.

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