Lake Union Homes

BusinessWeek recently listed the 50 most expensive small towns in America.  All 50 towns were located in just seven states, with Washington garnering four spots for small towns in the Greater Seattle metro.


The towns of Hunts Point, Medina, Yarrow Point, and Clyde Hill, all on the Seattle metro’s Eastside, checked in on the top 50 list.  Each on of these areas has its own unique characteristics, but all share the feel of privacy and upscale living while still being a short jog from downtown Bellevue and a 10 minute drive into Seattle (traffic willing).

While many neighborhoods in Seattle proper would have probably made this list (Madison Park, Laurelhurst, Denny-Blaine, Washington Park, Broadmoor, Montlake, The Highlands, etc.), they don’t make the classification for this list as they are not separate townships.  The Eastside townships are incorporated, and thus “small towns”.

 

No. 3: Hunts Point, Wash.
Median home sale price: $2,930,863
Price change YOY: -2.9%
Population: 437
Median household income: $179,898

Hunts Point is the most private community on this list.  Take one drive down Hunts Point Drive and you’ll see why.  Towering trees, long, meandering driveways past gated entries, and a straight shot from video-monitored entry to the tip of the point.  There’s no reason to drive into Hunts Point if you don’t live there, so there’s virtually no traffic.  The waterfront homes are stunning if you can get a glimpse of them–most are far out of view from the street.  The tip of Hunts Point is currently available for sale, a 2 acre waterfront gem with no current home on the land.  It’s been listed recently in the mid-$20 million range.
Hunts Point WA Homes

 

No. 36: Medina, Wash.
Median home sale price: $1,426,173
Price change YOY: -4.6%
Population: 3,041
Median household income: $133,756

Medina is most famouse for being home to Bill Gates of Microsoft, and many of his software counterparts.  The waterline in Medina reaches from Evergreen Point in the North to Groat Point in the South, covering the majority of the Gold Coast.   This section of Lake Washington waterfront has westerly views of Seattle and evening sunsets on the lake.  At 3,000 residents, it’s much larger than the other townships on the list.
Medina WA Homes

 

No. 38: Yarrow Point, Wash.
Median home sale price: $1,397,744
Price change YOY: -6.9%
Population: 997
Median household income: $177,940

Yarrow Point is another small peninsula on the shores of Lake Washington.  Nestled between Cozy Cove and Yarrow Bay, around 1/4 of its homes are on the water.  Like Hunts Point, it has only one street entry and therefore has very little outside traffic.  Yarrow Point is a bit more open, with better ability to see many of the homes from the street. 
Yarrow Point WA Homes

 

No. 47: Clyde Hill, Wash.
Median home sale price: $1,249,976
Price change YOY: -9.9%
Population: 2,845
Median household income: $132,468

Clyde Hill is the only town on our list that is not on the waterfront.  The town is situated between Medina and the Points, and it has some of the best views on the Eastside.  Clyde Hill homes can have views of Kirkland to the North, Seattle and the Olympic Mountains to the West, Bellevue and Mount Rainier to the South, and the Cascade Mountains to the East.  With its own police and fire department, Clyde Hill has a small-town feel without sacrificing access to big city amenities.
Clyde Hill WA Homes

 

Sam DeBord and Brian Wiegand
SeattleHome.com – Washington State Realty – (206) 658-3225
Real Estate Brokers, Realtors, Green Certified Pros  

 
 
 
 
 

Sales of waterfront homes in 2009 were up from the dismal 2008 sales, but still a bit slow to climb back.  Seattle waterfront real estate got a big push in the fall, as a handful of buyers finally got off the fence and got some incredibaly affordable deals on some of the best waterfront available.

 

Median Seattle waterfront home statistics for 2009:

3 bedrooms, 2 baths, 1670 square feet.  Median sale price, $774,000 and 76 days on the market (not bad marketing time).

 

Top sales of Seattle waterfront homes:

A 6 bed, 4.75 bath home in Madison Park.  The home sold for $10.6 million in December.  It’s a 7500 sq ft home, built in the late 1970s on 3/4 of an acre.  With 135 feet of waterfront on Lake Washington and 18 foot ceilings, this is clearly a magnificent home.

 

In Laurelhurst, a 5 bed, 5.25 bath, 10,000 sq ft home sold in November.  This 2003-built home is on 2/3 of an acre with 125 feet of low-bank Lake Washington waterfront.  It’s a formal Georgian colonial with all of the amenities of modern construction.

 

Sam DeBord and Brian Wiegand
SeattleHome.com – Washington State Realty – (206) 658-3225
Real Estate Brokers, Realtors, Green Certified Pros

 

 
 
 

 

 

The numbers speak for themselves:

Want to sell your home in the Greater Seattle area?  We put your home in front of more buyers than any other real estate broker.  From our front page ads to our Featured Listings and our syndication of your home listing to more than 30 other real estate sites, we give your home the most publicity that it can get.

 

9 out of 10 buyers today find their homes on the internet.  Yard signs, paper flyers, newspaper ads, open houses….they’re all nice, but they sell a small fraction of homes today.  Give us a call and see why we sell homes faster online–where the home buyers are.

 

Sam DeBord and Brian Wiegand
SeattleHome.com
Real Estate Brokers, Realtors – Washington State Realty
(206) 552-8820