Monday, February 27, 2012

Seattle Waterfront Real Estate Starts 2012 With $350k Lake Union ...

Seattle waterfront homesWaterfront home sales in Seattle began with an affordable waterfront abode on Lake Union and a luxury waterfront estate on Lake Washington. ?With sales in Wallingford and Matthews Beach starting the year off, the outlook is rosy for a continuation of the strengthening market for Seattle waterfront homes that we?ve been seeing for the past few years.

The houseboat sold on Lake Union in January was actually a two-story housebarge, with views of the Seattle skyline from nearly anywhere onboard. ?Based in Gasworks Marina just east of the park, the 2 bed, 1 bath floating residence was on the market for two months before selling for $350,000. ?Listed at $369,000 originally, the 5% reduction in price was fairly minimal for this market.

In Matthews Beach on Lake Washington, a classic Seattle lakefront home with plenty of modern updates sold for $1.5 million after just one month on the market. ?Listed for $1.585 million, this was again a fairly strong purchase price for the sellers at a 5% discount.

This house is situated far off the street and has terraced grounds making their way down to the lake, ?The upper level has a swimming pool and viewing area, while the no-bank lot reaches a sandy beach at the lakeside. ?The home has 5 beds, 3.5 baths, and 3,240 square feet of living space. ?Built originally in 1937, it has been updated throughout but still retains some of its classic character.

Seattle waterfront homes sold, January 2012

2143 N Northlake Wy #58, Seattle WA 98103

8920 Sand Point Wy NE, Seattle WA 98115

Sam DeBord reports for the P-I on?the current market of Greater?Seattle homes for sale,?with an emphasis on?Seattle waterfront homes. ?Sam is a?Seattle Realtor? and Managing Broker with SeattleHome.com and Coldwell Banker Danforth. ?You can follow him on twitter at?@SEATTLEHOMEoCOM.

Source:? NWMLS Statistics.? The Northwest Multiple Listing Service did not compile or publish this information.

Source: http://blog.seattlepi.com/seattlewaterfronthomes/2012/02/26/seattle-waterfront-real-estate-starts-2012-with-350k-lake-union-houseboat-1-5m-lake-washington-home-sales/

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