There are eight waterfront homes for sale in Seattle's Seward Park currently. Starting at $1.6 million, these homes range from 60 to 110 feet of low bank Lake Washington waterfront. This group of listings is larger than the usual number of available homes. About half of these homes came on the market in the past month.
Seward Park is a unique waterfront neighborhood in that it's so close to downtown Seattle. New homes can't be built, waterfront properties are relatively scarce, and the Lake Washington shoreline in this area is some of the most highly sought in Seattle.
Waterfront home sellers in Seattle have been holding back from selling in a lot of areas. The inventory through 2008 has been fairly steady, as have sales prices. Sellers may be seeing a bump in the number of market sales and beginning to list homes that were "waiting in the wings" until this point. This is a factor known as "shadow inventory", or homes that are ready to be listed for sale as soon as the real estate market picks up.
Seward Park Waterfront Homes
Sam DeBord and Brian WiegandSeattleHome.com (206) 431-5900
Seattle Waterfront Real Estate Brokers - RE/MAX Connected
Seattle Waterfront Homes - Seattle Water View Homes - Seattle Floating Homes - Seattle Houseboats - Seattle Condos - Seattle Luxury Homes - Seattle Homes For Sale
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