Waterfront real estate sales this summer on the Eastside have been far stronger than in 2009. June sales were particularly outstanding, with July showing a slight downturn which wasn't unexpected after the early summer burst, matching the rest of the market in Greate Seattle.
Thirteen significant Eastside waterfront home sales on Lake Washington and Lake Sammamish closed in June, and four more lakefront sales closed this July. Compare that to 2009 which had just 7 similar sales in June and 3 in July. So far, the summer of 2010 is turning out to be a boon to waterfront buyers, as a portion of the selling market is getting realistic about the correction in luxury and real estate prices. Many waterfront homes have now been priced at a level that fits the current market, and transactions are moving forward at a better pace than the past two years.
The most recent sales were a $1.6 million home on Lake Sammamish waterfront in Sammamish, a $1.782 million protected waterfront home on South Bellevue's canals in Newport Shores, a $1.8 million West of Market lakefront home in Kirkland, and a $5.5 million waterfront estate in exclusive Hunts Point.
Address City Price Beds Baths Sq Ft
July 2010 Sales
2029 E Lake Sammamish Pkwy NE Sammamish $1,600,000 3 2.5 4,299
26 Columbia Key Bellevue $1,782,000 4 2.5 3,970
1433 10th St W Kirkland $1,800,000 3 1.5 1,610
4224 Hunts Point Rd Hunts Point $5,500,000 4 3.5 4,030
July 2010 Sales
2029 E Lake Sammamish Pkwy NE Sammamish $1,600,000 3 2.5 4,299
26 Columbia Key Bellevue $1,782,000 4 2.5 3,970
1433 10th St W Kirkland $1,800,000 3 1.5 1,610
4224 Hunts Point Rd Hunts Point $5,500,000 4 3.5 4,030
June 2010 Sales
4011 E Lk. Sammamish Shore Lane SE Sammamish $815,000 2 2.25 1,770
1727 E Beaver Lake Drive SE Sammamish $950,000 4 2.5 3,380
3268 W Lake Sammamish Pkwy SE Bellevue $1,245,000 4 3.5 4,090
2120 W Lake Sammamish Pkwy NE Redmond $1,395,000 3 2.75 3,720
13253 Holmes Point Dr NE Kirkland $1,700,000 4 2.5 2,520
273 E Lake Sammamish Shore Lane NE Sammamish $1,795,000 4 3.25 3,950
161 E Lake Sammamish Shore Lane NE Sammamish $1,950,000 5 3.25 3,750
1721 E Lake Sammamish Place SE Sammamish $2,000,000 4 4 4,800
4129 E Lake Sammamish Pkwy SE Sammamish $2,305,000 3 3.75 4,183
2401 Killarney Wy SE Bellevue $3,266,050 3 3.75 3,380
3257 Hunts Point Rd Hunts Point $3,900,000 4 3.25 5,022
9455 Lake Washington Blvd NE Bellevue $4,283,000 5 3.5 4,600
9010 NE 47 St Yarrow Point $4,600,000 3 4 3,670
9441 Lake Washington Blvd NE Bellevue $4,900,000 3 3.5 6,590
4011 E Lk. Sammamish Shore Lane SE Sammamish $815,000 2 2.25 1,770
1727 E Beaver Lake Drive SE Sammamish $950,000 4 2.5 3,380
3268 W Lake Sammamish Pkwy SE Bellevue $1,245,000 4 3.5 4,090
2120 W Lake Sammamish Pkwy NE Redmond $1,395,000 3 2.75 3,720
13253 Holmes Point Dr NE Kirkland $1,700,000 4 2.5 2,520
273 E Lake Sammamish Shore Lane NE Sammamish $1,795,000 4 3.25 3,950
161 E Lake Sammamish Shore Lane NE Sammamish $1,950,000 5 3.25 3,750
1721 E Lake Sammamish Place SE Sammamish $2,000,000 4 4 4,800
4129 E Lake Sammamish Pkwy SE Sammamish $2,305,000 3 3.75 4,183
2401 Killarney Wy SE Bellevue $3,266,050 3 3.75 3,380
3257 Hunts Point Rd Hunts Point $3,900,000 4 3.25 5,022
9455 Lake Washington Blvd NE Bellevue $4,283,000 5 3.5 4,600
9010 NE 47 St Yarrow Point $4,600,000 3 4 3,670
9441 Lake Washington Blvd NE Bellevue $4,900,000 3 3.5 6,590
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Sam DeBord is a Realtor and Managing 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. The NWMLS did not compile or publish this information.
Have a question about this waterfront home, or Seattle real estate in general?
Sam can be contacted at (206) 658-3225 or Sam(at)SeattleHome.com.
Sam can be contacted at (206) 658-3225 or Sam(at)SeattleHome.com.
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