Real estate sales on Seattle's waterfront were centered on Lake Union and the South end of Seattle in September. Three of our six sales for the month were houseboats and floating homes, while the three traditional single family homes were in West Seattle and Leschi.
Two inexpensive houseboats on the West end of Lake Union sold at $124,500 and $169,000 last month. This is near the low end for house boat/barge prices, as we've seen some very significant reductions in prices for this market recently. Buyers have been scarce for houseboats throughout the summer, and the bargain deals have really started to appear recently. There are still some quality barges listed under $150,000.
A higher-end floating home on Portage Bay sold for $645,000, which is near the lower-end for a quality, newer-construction floating home. There are sometimes a handful of floating homes under $500k, but most start at $700k and move up to the $2 million range.
In Leschi, our highest-priced home sale of the month was a beautiful Lake Washington estate that I toured recently. Selling at just under $2.4 million, it's a large home on a well-manicured waterfront plot and a quiet Leschi neighborhood street.
Two homes in West Seattle rounded out the month's sales, with a Beach Drive property going for just over $ 1 million. With 40 feet of saltwater frontage, it's a nice beach house at a fairly reasonable price for the locale. The furthest-South home was in Shorewood, at Seattle's Southwest border, selling for $1.525 million. The 2001-built home sits in a gated community with 55 feet of Puget Sound waterfront.
Seattle Waterfront Real Estate Sales, September 2010
2730 Westlake Ave N #84 700 Seattle $124,500 1 1
1080 W Ewing Place 700 Seattle $169,000 2 .75
1214 E Hamlin St #3 390 Seattle $645,000 1 1
5661 Beach Dr SW 140 Seattle $1,050,000 2.5 1
13025 Standring Lane SW 130 Seattle $1,525,000 4 3.25
1730 Lakeside Ave S 390 Seattle $2,385,000 4 2
1080 W Ewing Place 700 Seattle $169,000 2 .75
1214 E Hamlin St #3 390 Seattle $645,000 1 1
5661 Beach Dr SW 140 Seattle $1,050,000 2.5 1
13025 Standring Lane SW 130 Seattle $1,525,000 4 3.25
1730 Lakeside Ave S 390 Seattle $2,385,000 4 2
Sam DeBord is a Realtor®, Managing Broker, and Green-Certified Pro with Washington State Realty, LLC.
Source: Individually compiled NWMLS data. The NWMLS did not compile or publish this information.
Sam DeBord
Realtor® | Managing Broker
SeattleHome.com | Washington State Realty, LLC
206-658-3225 cell | 800-883-0712 fax
Member NWMLS, N.A.R., WA Realtors, Seattle-King County Realtors
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