The luxury waterfront season on Lake Washington has begun! There have been nine sales above $3,500,000 in the last 90 days. The Seattle area has had four sales above $9,000,000 since November 16, 2009. The exclusive community of Hunts Point, Washington (a neighbor of Bellevue, Washington) has two new pending sales: an older home at $8,800,000 will be torn down and a new luxury estate will be built on this generous acre lot with 86 feet of lakefront. The other pending sale is listed at $15,800,000, offering 1.2 acres and 8,300 square feet of luxury and an expansive 157 feet of shoreline on the lake. It is not known how the new buyer will improve the property. This sales activity shows real energy among buyers looking for a great opportunity to make the jump to waterfront living. Luxury real estate in the Seattle and Bellevue areas is off to a wonderful start for 2010.
Posted by:
Tere Foster
