Seattle Floating Home Lifestyle
Westlake Ave Lake Union Houseboat
Northlake Way Wallingford Houseboat on Lake Union
Houseboat living on the top deck
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Seattle houseboats and floating homes come on strong in Spring
Seattle Waterfront Home Sales Make a Comeback in February
February 2010 Seattle waterfront home sales
The least-expensive waterfront sale in February was a floating home sale in Portage Bay, just East of Lake Union. This Boyer Ave home sold for about $350,000, which is a lower-range sale for the houseboat community. This is a small, traditional floating home with a house frame, parking, and cedar shingle siding.
A floating home in the Eastlake community sold for $1.4 million at the end of February. This community has secured parking, multi-story homes, and a very private neighborhood. The home has 2 beds, 2.25 baths, and nearly 2100 square feet of living space. Eastlake floating homes have some of the best waterfront views in the city, and home buyers pay significantly higher prices to live here.
In Northeast Seattle, a waterfront home on Riviera Pl sold for $1.3 million. This Lake Washington home has two docks, a boatlift, and plenty of parking. The 3 bed, 2.5 baths, has 2200 sq ft of living space, and is sited close to the lakefront. Matthews Beach and its surrounding areas seem to have some of the most underpriced waterfront real estate.
With a $2.5 million sale, Magnolia started our high-end luxury waterfront sales for February. A 5 bed, 3.5 bath home on the Puget Sound sold at the end of the month after about 8 months on the market. This mid-century home on Magnolia’s North shore has 4700 sq ft of living space, including a guest house.
In Seattle/Shoreline’s gated community, the Highlands, a home on Cherry Loop sold at just under $3.1 million. The 6300 square foot estate has 4 beds and 6 baths. This property was on the market nearly a year and dropped its price nearly one million dollars in that time.
Two homes sold on Mercer Island during February, at $2.8 and $3.8 million. On the North end, a 4 bed, 3 bath, 3200 sq ft home with a dock and boat lift was the less-expensive sale. This home sold in less than two weeks on the market. The Southern Mercer Island home, with 4 beds, 4.5 baths, and 4100 sq ft of finished space is a Mediterranean-inspired home with street-to-waterfront land. It had been marketed for over two years before closing.
Washington Park is a lesser-know part of the Madison Park area, but a neighborhood rich with historic homes and waterfront estates. This 1940s home has nearly 3200 sq ft of living space, 3 bedrooms and 2.5 baths. After 6 months on the market, the home sold for $3.2 million, a $700k price reduction overall.
At $3.3 million, a home in Seattle’s Windermere neighborhood hit the top 3 sales for the month. The 3 bedrooms and 3 baths cover 3900 sq ft, and there’s an additional 2/2 guest house with 1800 more sq ft. This home has 130 feet of Lake Washington waterfront, a huge swath of shoreline.
With 6100 square feet of home, this waterfront home in South Bellevue was the largest and highest-priced sale of February. The Lake Washington Blvd estate has 5 bedrooms, 5 baths, and nearly a half-acre of real estate. The 2008-built home also has a four car garage, nanny’s quarters, parking for 20 cars. Its final sale price was just over $4 million.
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Seattle Area Waterfront Home Sales, January 2010
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Walkability/Walk Score on Seattle’s Waterfront
“Walk Score calculates the walkability of an address based on the distance from your house to nearby amenities. Walk Score measures how easy it is to live a car-lite lifestyle–not how pretty the area is for walking. “
Alki has some of the best walking views in Seattle, and is one of the busiest walking avenues during the summer. It is a beautiful stroll, but grocery stores, hardware stores, places of employment (besides restaurants) are all a drive up the hill. It’s more of a “drive-in” recreational area than a full-time walking neighborhood, and its score reflects this.
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Seattle Waterfront Home Sales – Seasonal/Cyclical Effect
Seattle’s Lake Washington waterfront in Denny Blaine
All King County Sales vs. Waterfront Sales by Monthly Percentage, 2006-2008
King County, Seattle Waterfront Monthly Home Sales As A Percentage of Annual Sales
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Seattle Houseboats and Floating Homes on Lake Union Show Strong Sales For


Seattle Houseboat and Floating Home Sales, 2006-2009

Median, Maximum, and Minimum Sale Prices for Seattle Houseboats and Floating Homes
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Seattle Waterfront Home Prices Dip in 2009, Recovery in



There’s No Monopoly in Seattle Real Estate Sales
I count 18 different brokerages involved in these top 10 transactions. If there is a monopoly, it’s certainly not at the top of the luxury home market. Not only are the offices spread widely, but there are many independent/non-national brands represented across the spectrum.
| City | Price | Listing Office Name | Selling Office Name |
| Seattle | $5,300,000 | Windermere Madison | Windermere Wallingford |
| Clyde Hill | $5,399,900 | John L. Scott Bellevue | RE/MAX Connected |
| Bellevue | $5,460,000 | Windermere Kirkland | Wallace Properties, Inc. |
| Mercer Island | $5,950,000 | Windermere Bellevue | Ewing & Clark Mercer Isl. |
| Medina | $6,095,000 | John L. Scott Mercer Isl. | John L. Scott Mercer Isl. |
| Bainbridge Island | $6,275,000 | Coldwell Banker McKenzie | Windermere Bainbridge |
| Seattle (condo) | $9,750,000 | ek Real Estate Group | Prudential NW |
| Seattle | $10,600,000 | Madison House, Ltd. | Gerrard Beattie & Knapp |
| Seattle | $11,500,000 | Windermere Wallingford | Windermere Wall St |
| Mercer Island | $15,560,000 | Ewing & Clark, Inc. | Coldwell Banker Bain |
| Listing Agent Name | Selling Agent Name |
| Mary P Snyder | M. Patrick Chinn |
| Stephen D MacDonald | Sam DeBord and Brian Wiegand |
| Dave Rodland | Susan Naficy |
| Tere G Foster | Kris B Robbs |
| Larry Williams | Larry Williams |
| Georg Syvertsen | Jan R Johnson |
| Edward S Krigsman | Tracy E Harris |
| Kitty K Hughes | Spafford Robbins |
| Bob Bennion | Holley Ring |
| Betsy Q Terry | Linda H Tsang |
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(Information not compiled or published by the NWMLS)
Greater Seattle’s Top 10 Home Sales of 2009
| Price | Address | Beds | Baths | Sq Ft | Selling Agent | Listing Agent |
| $5.1MM | 9300 NE 13th St Clyde Hill | 5 | 4.75 | 6882 | Wendy Lister | Steven Erickson |
| $5.3MM | 1105 Parkside Dr E Seattle | 4 | 3.5 | 5500 | M. Patrick Chinn | Mary Snyder |
| $5.4MM | 10 Undisclosed Clyde Hill | 6 | 6.75 | 10300 | Sam DeBord and | Stephen MacDonald |
| Brian Wiegand | ||||||
| $5.5MM | 9125 Lake WA Blvd NE Bellevue | 4 | 3.25 | 6320 | Susan Naficy | Dave Rodland |
| $5.6MM | 450 W Lk Samm. Pkwy Bellevue | 5 | 7.5 | 11750 | Debbie Jenner Culp | Judy Layton |
| $6.0MM | 7406 N Mercer Way Mercer Island | 5 | 4.25 | 7907 | Kris Robbs | Tere Foster |
| $6.1MM | 3329 Evergreen Point Rd Medina | 5 | 7.5 | 7100 | Larry Williams | Larry Williams |
| $10.6MM | XXXX Undisclosed Seattle | 6 | 4.75 | 0 | Spafford Robbins | Kitty Hughes |
| $11.5MM | 5025 NE Laurelcrest Ln Seattle | 5 | 5.25 | 9808 | Holley Ring | Bob Bennion |
| $15.6MM | XXX Undisclosed Mercer Island | 5 | 8.5 | 0 | Linda Tsang |
Betsy Terry
|
Sam DeBord and Brian Wiegand
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Waterfront Seattle Area Towns Make America’s Most Expensive List

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).
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
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
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
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
