Equinox Condos - Sales & Preview Info
Mar 14th, 2007 by Ben_Kakimoto
Equinox is a new condominium development just north of the junction of Eastlake Ave E and Fairview Ave E. This long awaited project is gearing up for home sales which will begin this month at their recently completed Presentation Center at 1500 Eastlake Ave E (Entrance on Galer St).
Equinox will feature 204 open one-bedroom (studio), one-bedroom , one+den, two-bedroom and two-level loft homes priced from the mid-$200,000s to over $1 million.
Encompassing nearly an entire block, the community will feature:
- Expansive roof-top decks
- Concierge & doorman
- Fitness center
- Great room w/large panel television and billiards
- Double & triple pane windows
- Views of Lake Union & downtown
- Higher-end finishes
- Hardwood floors
- Granite or stone countertops with undermount kitchen sinks
- Stainless Steel appliances (Fisher/Paykal refrigerator, Professional Frigidaire gas stoves and Bosch dishwashers)
- Three design finishes to choose from - Urban, Nature & Water
- One parking space per bedroom
- Additional storage & bike space
- Pet Friendly, 2 pet maximum
The building is situated between Eastlake Avenue and I-5. The rear portion of the building is essentially sitting right below I-5 and noise may be an issue. To address the noise, the builder will be installing triple pane windows. Though, if residents open windows or sliding glass doors, no doubt traffic noise from I-5 will permeate.
On the plus side, the Lake Union terminus of the Street Car will only be about a block away, providing residents with easy access through South Lake Union, to Whole Foods and Westlake Center.
Sales & Preview
Equinox is currently setting pre-sale appointments which will begin on March 24th on a first-come, first-served basis. Keep in mind, these are purchase, not reservation, appointments.
- A 5% deposit is required
- The Public Offering Statement and pricing will be available by the start of the purchase appointments
- Pre-approval through First Horizon Home Loans is required at time of purchase appointment
- No contingencies allowed (e.g. financing, home sale, etc)
The Presentation Center is now open and includes kitchen and bath vignettes, finish samples and a scale model of the property; an appointment is requested. The grand opening is scheduled for April 14th & 15th.
If you would like assistance and independent representation, please contact us. We would be happy to assist you.
View Amenities & Options (PDF)
Update 3/27/07 - Equinox reports a successful sales start. Eighty-five percent of buyers who had appointments during the first weekend purchased a unit.
To view more images:
Images courtesy of Nyhus
Updated 3/19/07 - revised sales info.
- Equinox Condos - Sales & Preview Info
- Equinox Update
- Equinox Condo - Eastlake
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Dont buy but if you must consider reviewing thier secret website for floor plans etc. quite expensive for no view, against a major interstate and an [deleted] marketing campaign. -cant see floor plans before submitting to a physical (turn head and cough)
http://www.equinoxcondos.com/v2/
Yeah, Equinox will have hurdles to overcome, but that could be said for other projects in pre-sale or coming up shortly. You do raise a good point, that buyers do their due diligence when considering such a major investment, particularly one that has a significant emotional aspect as well.
I must say that there are far too many people like “biff” (above comment) that simply want to add their negative comments on a forum like this more than likely because a) he can’t afford a unit he really wants, or b) it makes him feel better to “act out” against a project like Equinox because he can’t afford a unit he really wants.
Why the negativity? If you can’t afford a unit at a project or don’t like the thought of having to register with a project to obtain more information (floor plans, etc.), simply MOVE ON to the next project or maybe one that is in your price range and registration comfort zone.
I am VERY interested in Equinox and if I could afford a certain unit that I wanted I would DEFINITELY consider it. And still am. This will be the premiere development that many will only wish they could have or would have taken more seriously.
Just my two cents.. but enough negativity for no reason. Bring me some facts when complaining please. No view? Have you looked at their “secret” website? Almost every unit has a view. And even if they don’t have the all-encompassing view, they still have a view. And what’s this crap about “submitting to a physical” to see some “secret” website? Are you serious? Call the Sales Staff.. I’m sure they won’t be offering you a physical guy.
Everybody is entitled to their opinion I guess.. which is why I had to chirp in.
Thank you, J. Its about time someone with a brain stepped in and said something about Biff’s pathetic commentary. One can only imagine what that guy’s situation is. He is one of the many who insists on bashing every condo project because they either cant afford a unit, got rejected on the pre-screening for a loan or is just pissed at the world that he still rents at the age of 30.
Anyone who has looked at Equinox, take a closer look. The south lake union community, specifically in eastlake, is booming. It is a tremendous opportunity and investment. Vulcan has huge plans for the south end and equinox is in a wonderful location. It is just north enough to be separated from the commotion of the chandlers cove area while still being 2 blocks from the new street car project. Almost every unit has a great view of the seattle center, lake union, queen anne hill or the north end of lake union. (aurora bridge) I went down to the site and to be honest, I5 noise is not that bad at all. You will be able to hear it from outside the unit, but not much. Sound typically travels upwards, thus away from Equinox. It is a beautiful community and I think more people are realizing it. 55 units out of the 204 have sold and they have only been having pre-sales available for 2 and a half months. That is very good. I guess “Biff” is the minority here, so dont even waste your time reading his cynical commentary. He’s just angry. Maybe he cant afford it and is bitter or maybe he already owns a place but cant sell it because its a dump. Who knows. Anyways, consier it. It has a beautiful building design and is in a clean area with bigtime future plans. Happy shopping.
Have you any idea how the sales have been progressing throughout the year? Any idea how their inventory of occupiable (w/i 30-45d) 1br/1br+d are?
Just moved to Seattle, and not sure if I want to use realtor or buy from developer, so seeign the new stuff is on my agenda.
Love the blog too.
FTC-LTR
FTC-LTR,
Equinox is still under construction and is expected to be completed in early 2009. Presently, they’ve sold approx 30%, so there’s still a good selection of homes available.
With new construction, there’s really no reason not to utilize your own buyer’s agent. Granted I am a Realtor. However, you’ll pay the same price with new construction projects whether you have your own representation or use the developer’s on-site agents. One thing to keep in mind, on-site agents are employed by, and represent, the seller.
Also, you’ll likely have better communications throughout the process with your own agent. Many times, on-site agents are juggling work and communications between the developer, contractors, the marketing firm, other agents and unrepresented buyers. I have no doubt that on-site agents will make every effort to communicate with unrepresented buyers in a timely fashion. In reality though, there is considerable demand on their time at completion from numerous stakeholders, that communications regarding closing procedures, walk-throughs, construction delays, following-up on punchlist items, and so forth, may be spotty.