Lake Union's waterfront has seen six home sales so far in 2011, doubling the sales at this point last year. While the market is and eclectic mix of houseboats, floating homes, and the occasional single family home in Portage Bay, the overall numbers look promising for the general Lake Union waterfront real estate market.
Two houseboats were sold on Westlake Ave and Northlake Way, fairly modern Mike Kelly-built barges at under $150,000. These are your entry price point into the waterfront market, in rental marinas on Lake Union.
There were three floating homes sold, one on Westlake, one in Fremont on Northlake, and one in Eastlake on Fairview. These homes ranged from $580,000 to $850,000 and spanned modern angular design to traditional design with contemporary updates.
The top sale thusfar was a waterfront house with moorage on Hamlin St in Portage Bay. This is a multi-level home built in the 1940s with substantial moorage for a large vessel. It's a rarity on the Lake Union/Portage Bay waterfront.
Lake Union Waterfront Real Estate Sales - Waterfront Homes Sold, 2011
| Address | Price | Beds | Baths |
| 2524 Westlake Ave N | $115,000 | 2 | 0.75 |
| 2401 N Northlake Wy #E1 | $140,000 | 2 | 1 |
| 2017 Fairview Ave E #N | $580,000 | 2 | 1.5 |
| 933 N Northlake Wy #14 | $727,000 | 2 | 1.25 |
| 2466 Westlake Ave N #17 | $850,000 | 2 | 1 |
| 1203 E Hamlin St | $1,200,000 | 4 | 3.5 |
Sam DeBord
Realtor® | Managing Broker
SeattleHome.com | Coldwell Banker Danforth
ph: 206-658-3225 | email: sam(at)SeattleHome.com
Member NWMLS, N.A.R., WA Realtors, Seattle-King County Realtors
Realtor® | Managing Broker
SeattleHome.com | Coldwell Banker Danforth
ph: 206-658-3225 | email: sam(at)SeattleHome.com
Member NWMLS, N.A.R., WA Realtors, Seattle-King County Realtors
Source: Individually compiled NWMLS data. The NWMLS did not compile or publish this information.
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