The Lakeview Residences (website) is the latest residential development by Hunters Capital. Nestled along Lakeview Boulevard on Capitol Hill’s Western slope, the exclusive six-home Lakeside Residences command sweeping views of Lake Union and the Olympics beyond.
Inspired by Frank Lloyd Wright’s Prairie Style, the Lakeview seeks to blend a contemporary design with Capitol Hill’s historic architecture. The project’s architect, Studio Meng Strazzara, designed several other high-end residences in the area including the Harvard and Highland and The Harvard Residences.
Each home includes two-bedrooms and two-plus baths that range in size from 1,380 to 1,711 square feet. Other features and refinements include:
- Private entry foyers
- 9′ ceiling height with oversized windows
- Custom wood cabinets and antiqued nickel plumbing fixtures
- Slab granite or marble kitchen countertops and white Carrara marble in the master bath
- Private cedar decks
- Two parking spaces
- Common rooftop deck
Homes are offered from $1 million.
Lakeview Residences will celebrate its grand opening this coming weekend, July 12th and 13th, at 1114 Lakeview Boulevard East.
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July 10th, 2008 at 2:21 pm
You also get a nice view of I-5 and the associated traffic noise along with that $1m
July 20th, 2008 at 6:46 pm
If you actually tour the units, you’ll find that not only are they quiet, but the view angles have been configured so that you get the maximum impact from the lake and city views, with minimized road views.
Also, every unit has a private elevator lobby of its own.
November 26th, 2008 at 9:44 am
They are overpriced and have not sold a single unit to date…plus you have to walk up a giant hill or over I-5 to get a cup of coffee.
February 3rd, 2009 at 5:41 pm
UPDATE: I spoke with several agents and they said that there are a bunch of liens against the property. One agent said that in her experience these mechanical (sp?) liens reflect issues with the quality of work because unpaid contractors often cut corners because they are not sure if they are going to ultimately get paid. That is scary. Also, with no other units sold you could find yourself as the only member of the condo association having to pay not only HOD for way more than you thought but also responsible for construction issues/defects/litigation.
Anyone else heard anything?
February 3rd, 2009 at 6:42 pm
Unfortunately, mechanic liens are becoming more common place with new developments and there were a few that were filed last year. I don’t know if that necessarily equates to sub-standard quality, though. As far as the HOA, generally, the association isn’t turned over to the owners until a specified number of units have been sold. Perhaps, the recent pricing reduction will help to spur interest in Lakeview.
February 6th, 2009 at 5:17 pm
Does anyone know what happens with the HOA dues if the other units don’t sell and the developer becomes bankrupt? Can you even sell a unit if there are mechanic liens on a property.
February 6th, 2009 at 5:23 pm
HOA are extremely complex and in most situations, going to arbitration is the only way out, if at all resolvable.
April 20th, 2009 at 9:00 pm
I see Lakeview is off market? no signage, most recent listings cancelled, anybody know whats up?
May 18th, 2009 at 3:42 pm
Hmiller: It looks like they haven’t been able to sell a single unit after being listed for almost a year. That sounds like a busted condo project to me. Similar to Lumen, there were mechanics liens all over this project. My guess is that it is tough to get the first buyer to take the plunge with all the uncertainty on this project and the condo market generally. I doubt they can/want to convert to apartments because it would be tough to charge enough rent to make that project work as apartments unless they wanted to pay through their nose to make up any shortfall.