Three waterfront homes sold in Seattle in April, matching the same number in April 2009. Waterfront real estate sales have been up significantly along with luxury home sales this year, signalling a bottoming out of the high-end market. While prices overall for waterfront homes are deeply discounted from one or two years ago, total sales have been on the rise for almost a full year now.
There have been 21 year-to-date sales of waterfront homes in Seattle, a 50% increase over the same period in 2009. While we saw a fair number of houseboat and floating home sales influenced by the tax credit in late â€˜09, the majority of sales thusfar in 2010 have been traditional single family homes.
Seattle Waterfront Homes Sold, April 2010:
2017 Fairview Ave E, Unit# O, Seattle WA 98102
Sold Price: $475,000
This 2 bed, 1 bath floating home is in the Log Foundationâ€™s co-op community. With owned moorage in this tight-knit community, this is really an entry-level price range for floating homes. The home has an open kitchen, dining, and living room, set up for entertaining. Along with the wraparound deck, itâ€™s well-suited for living in a waterfront community where friend will come calling often. The home sold after just one week on the market.
Beach Drive â€“ West Seattle
4233 Beach Dr SW, Seattle WA 98116
Sold Price: $1.02 million
With 80 feet of saltwater frontage, this two-parcel property is an expansive piece of Puget Sound waterfront. The 1900 square foot home was completely remodeled in 2009 and has 2 beds, 1.75 baths. It was listed originally in October of â€˜09, with an original list price of $1.25 million. Situated next to a waterfront park, the property has a wide, undisturbed view of the Sound and the islands.
1120 Lakeside Ave S, Seattle WA 98144
Sold Price: $1.51 million
This 3 story, 1960s-built home in Leschi makes the most of the water views with walls of glass along the Eastern side. The bank-owned home was listed for as much as $2.7 million in 2008, before reverting to the bank in late 2009. It sold in just 10 days on the market after being listed for $1.2 million in April. The modern construction home has vaulted ceilings, spacious rooms, and is sited close to the bulkhead on Lake Washington.
Sam DeBord is a licensed real estate broker with SeattleHome.com, a division of Washington State Realty, LLC. He is a member of the Seattle-King County Association of Realtors and a Green-Certified Pro.
Listing info and photos property NWMLS. The Northwest Multiple Listing Service did not compile or publish this information. Some new construction and unlisted home sales are not included in MLS data.