Seattle Waterfront Homes sold in April 2009

There were 3 notable Seattle waterfront homes sold in April. The first was a cozy beach cabin on Beach Dr in West Seattle. At 2 beds, 1 bath, and 1500 sq ft, it's a classic waterfront beach house that could be a small primary residence or a perfect weekend getaway. The home sold for $640,000, a relative steal for Seattle waterfront on the Puget Sound.
The second waterfront home was a 3 bed, 2 bath, 1930s era home on the Southwest Magnolia waterfront. With 75 feet of waterfront and 1500 sq feet, the home sold for $880,000. The home has a low-bank waterfront on the Puget Sounds, and panoramic views. This again seems to be a bargain compared to waterfront sales in Magnolia over the last few years. It may be that some waterfront sellers are finally easing up on their pricing stances and making concessions.


The third waterfront Seattle home sale of note was on the waterfront in Leschi, a grand lakeside estate with a pool, dock, and 72 feet of Lake Washington waterfront. The property contained two lots with views of the lake, downtown Bellevue, and a covered boat lift. Originally listed at $2.995 million and eventually selling at $2.65 million, the home sold in just one month at about a 12% reduction in price. Considering how slowly homes in the $2 million+ range are selling currently, this is a significant transaction for its quick closure.