The Seattle Condo Blog | Seattle Condos and Lofts

Capitol Hill condo
We’ve just re-listed a fantastic Capitol Hill condo on Melrose. The top-floor North unit (only two units per floor) with direct elevator access is now being offered at just $369,000.

This unique condo is situated in a great location at the apex of downtown, South Lake Union, Pike/Pine and the Broadway district. Everything you need is just a short jaunt from your front door – work, relaxation, dining, entertainment, shops and groceries.

The price was reduced significantly to offer buyers an opportunity to pick-up this fabulous unit below market, before it hits the rental market. Click here for more info and photos.

Amazing Belltown Rental
A client of mine has an amazing lease opportunity in Belltown available. This large 638 square foot one-bedroom with parking is available for just $1,350 per month. The rental price also includes all utilities except electricity.

Site 17 is a concrete and steel building located in the heart of Belltown with its eclectic array of cafes, night life options, restaurants and retail. It’s also just blocks from the Pike Place Market and the waterfront. The building offers a club room, fitness center and roof top decks.

The property is managed by TSCB’s partner, Sound Property Management. Contact Craig or Chris at (206) 427-8762 for leasing info.

Greenwood Townhome
This unique, two-bedroom light-filled end-unit boasts 1,240 of open living space, larger than most two-bedroom townhomes on the market. Inside, you’ll find hardwood floors, bay windows, a bright kitchen with eating bar, a gas fireplace, large bedrooms, full-sized washer/dryer, garage, a second floor deck and a fully-enclosed private brick patio and garden area.

Your new home is close to Green Lake and Greenwood shops, cafes and entertainment venues. Easy community to I-5, downtown and redeveloped Northgate area. This home is being offered at $324,950. Click here for more info and photos.

Seventeen07, a condominium conversion at 1707 Boylson Ave on Capitol Hill, auctioned off its unsold units this weekend. According to the auction website, 17 of the 36 units were available for auction with bids starting at $95,000 for studios, $195,000 for one-bedrooms and $215,000 for two-bedrooms.

The Daily Journal of Commerce reported today that the auction brought in $3 millions and noted that “all 14 units” were sold. Apparently, the number of units available for auction had been reduced. At 14 units sold, that averages out to $214,285 per unit. No info on individual unit sale prices were provided.

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.

Received a project update from First Church this afternoon. The Capitol Hill church-to-condo conversion is on schedule with work on the interior progressing. When completed in the first half of 2009, the church will be home to 12 multi-level luxury townhome units centered around the church’s dome.

The two-bedroom homes, which span 3 to 5 levels, range in size from 1,109 sq ft to 2,269 sq ft. For more detailed info, floor plans are now available on the projects website: www.firstchurchseattle.com.

Pricing information and home sale release will take place later this Summer. Though, individual units have been sold as raw shells.

The Melrose Condominium
1708 Melrose Ave #501
$429,950 | MLS# 28110282

The Melrose is a boutique condo community that’s conveniently located at the cusp of downtown and Capitol Hill, offering a true cosmopolitan living experience.

After a long day at work, it’s just a short jaunt home from downtown where the elevator delivers you directly into your city suite. Inside you’ll find a spacious, airy and comfortable 2-bedroom, 1-bath urban penthouse retreat offering spectacular views of downtown, the Space Needle, SLU and Queen Anne.

New stainless steel appliances, fresh paint, skylights, in-unit w/d, parking and extra storage complete your urban oasis.

View additional photos and information

MODE Seattle – Capitol Hill

Situated at the residential end of Bellevue Avenue E, you’ll find the 36-unit MODE conversion development. Originally constructed in 1957, the 3-story walk-up has been tastefully reinvented and features a mix of studio, one- and two-bedroom homes.

MODE offers an affordable option for Capitol Hill homeownership with units starting at $159,950 for studios and $214,995 and $299,950 for the one-bedroom and two-bedrooms, respectively. Though, there’s a trade off, the homes tend to be on the small side – the studios are 360 sq ft and the one-bedrooms start out at 450 sq ft in size. And, parking (first-come, first-served) and storage are available as options.

According to Rian Cool, MODE’s sales manager, the project has been popular with buyers – 1/3 of the homes have sold since coming on the market in May. A $5,000 preferred lender buyer bonus is available.

MODE Condominium
752 Bellevue Ave E
www.modeseattle.com

beacon FLATS – North Beacon Hill

MODE’s twin, Beacon Flats, share the same vintage, style and finishes as its sibling. The primary differences are location, number of units (16 studio and one-bedrooms), lack of parking and pricing. Beacon Flats start at $169,950 for studios and $194,950 for the one-bedrooms. A $5,000 preferred lender buyer bonus is also available.

Beacon Flats is located in North Beacon Hill, close to the International District, downtown and the I-90 interchange (an easy commute to the Eastside).

Beacon Flats Condominium
1401 S. Holgate
www.beaconflats.com

The Ballard Trio – Ballard

The Ballard Trio (Aros, Oslo, Voss) is the latest conversion by The Northlake Group. The trio is comprised of three identical buildings on NW 59th at 24th Ave NW. Oslo was the first to be completed and its homes are beautifully appointed. But, since I toured the property in March, Oslo has only sold 5 of its 19 units.

Homes start at $199,950 (listed) for studios and range up to $599,950 for a three-bedroom. Though, aside from the studios, the homes essentially start from the high-$200,000s. Given its price range for the Ballard area, the trio are competing directly against new construction inventory. If you got $300,000 to burn in Ballard, do you opt for new construction with lots amenities or a conversion with no amenities?

To help sway condo buyers their way The Ballard Trio is offering very enticing incentives – up to an additional $15,000 of the list price, paid HOA Dues, a gas card & a Costo card, 37″ TV and all closing costs paid (subject to lender restrictions). It’s well worth the look.

The Ballard Trio
NW 59th St at 24th Ave NW
www.ballardtrio.com

Last month’s market performance figures reflected continued confidence in Seattle’s condo market. The city-wide condo median price rose to a high of $329,975, a 4.1% increase over the same period last year, reversing a two month slide. The condo inventory supply, or absorption rate, decreased for the second consecutive month while the number of sales continues to improve.

Read the full story

Capitol Hill

seventeen07 - 1707 Boylston Ave

seventeen07 (website) is located in the mix of Capitol Hill’s vibrant Broadway & Pike/Pike districts, just west of Seattle Central at the corner of Boylston and E. Olive Street. The 3-story building features 36 studio, one- and two-bedroom homes, some with downtown views.

Studios come just under 400 sq ft in size and are priced from $180,000 to $205,000; one-bedrooms range in size from 471 to 742 sq ft with prices between $220,000 and $350,000; two-bedrooms range from $360,000 to $390,000 for homes between 814 and 849 sq ft.

Features and amenities include: cork flooring, granite slab countertops, stainless steel appliances, a community room, a fitness/yoga area, extra storage including bike storage and parking. Some homes come with balconies and washer and dryer.

seventeen07 is pet-friendly, gaining a 4-Paw rating on my pet condo list. The building features a pet lounge and play space plus a grooming area. Bonus: if you mention their Craigslist ad, they will donate $250 to the Seattle Animal Shelter at closing.

The Westland Manor – 220 16th Avenue E.

Originally constructed in 1928 Westland Manor (website) combines the charm and architectural highlights of yesteryear with modernity. Westland Manor features 17 one- and two-bedroom homes priced from the low-$300,000s into the $400,000s. Located behind Group Health at 16th and John, residents will enjoy being just a few blocks from 15th Avenue’s cafes, shops and restaurants.

Garage parking is offered as an option and are priced between $25,000 and $30,000.

Magnolia

Promenade on the Park – 3855 34th Avenue W.

Promenade on the Park (website) is a walk-up conversion ideally located two blocks from Discovery Park. The project features 19 studio, one- and two-bedroom homes starting at $200,000 for studios. Most one-bedrooms are around 550 sq ft and priced between $245,000 and $260,000. The two-bedrooms range from 879-962 sq ft and are priced from $385,000.

Home features and amenities include: cork or bamboo flooring, granite and limestone countertops, stainless steel appliances, in-unit washer/dryer, storage and BBQ area.

West Seattle

The Sidney – 2514 57th Avenue SW

The Sidney (website) is a small 9-unit complex located steps from Alki Beach at 57th Ave and Alki Ave. The one- and two-bedroom homes are fairly spacious ranging in size from 735 to 940 sq ft. The one-bedrooms are offered between $299,000 and $375,000 while the two-bedrooms range from $425,000 to $475,000. Recently, prices were reduced $50,000 for a number of the homes.

Updates include new cabinets, slab granite countertops, stainless steel appliances, windows, siding and finishes. Homes come with storage, parking and washer/dryer hookups.

Trenton Court – 8659 Delridge Way SW

Trenton Court isn’t new having been on the market since August and they’re nearly sold out with just three two-bedrooms units remaining. The units range in size from 742 to 784 and are priced at $235,000 and $245,000.

The homes feature bamboo flooring, updated kitchens with stainless appliances, private decks, storage and 2-car tandem parking.

Eleven Eleven East Pike (website) is the first condominium project designed by Tom Kundig, an AIA award winning principle with Seattle-based Olson Sundberg Kundig Allen Architects.

Eleven Eleven East Pike blends modern, even playful elements, with Capitol Hill’s rustic character within the Pike/Pine corridor. Situated half way between Trace Lofts and Monique Lofts, the six-level project will feature just 27 urban condominium homes (14 open one-bedrooms, 12 one-bedrooms and a two-bedroom penthouse).

The homes range in size from 600 to 1,125 square feet, the average being around 700 square feet. Unlike other Kundig designed homes, Eleven Eleven is being offered at a moderate price point, ranging from the mid-$200,000s to the low $500,000s with most between $350,000 and $450,000. The penthouse is being offered in the mid-$800,000s.

Design elements include:

• 9′ ceilings with floor-to-ceiling windows and doors
• Randomly placed peepholes
• In-unit moveable hanging “puzzle” walls
• Custom-built “urban RVs” (moveable multi-purpose storage units) designed by Kundig
• Built Green 3-Star certified
• Roof top terrace

Most units will have unobstructed views, however, the 2nd floor south-end units back to a building approximately 10′ feet away. These particular homes are priced in the $200,000′s and do not have a parking space.

The project is currently under construction with occupancy slated for Fall 2008. Reservations are currently being accepted (bonus: the project is FHA approved). Eleven Eleven is being developed by Anne Michelson, a long-time Capitol Hill business and building owner. Michelson has been an outspoken advocate for preserving the Hill’s cultural and architectural character.

View 1111 E Pike condos for sale.

Trace Lofts (website) report they are down to their final 5 units. Four of the units are on the 4th level with the remaining unit on the 5th level. Prices range from $485,000 for a 703 sq ft loft to $850,000 for a 1,154 sq ft loft.

Next door at Trace North, construction is expected to be completed by June. About 30 of the 100 units have sold and the developer just released another 20 units. Current prices at Trace North range from $230,000 for a 474 sq ft studio to $525,000 for a 952 sq ft two-bedroom home.

Trace’s New Neighbors

1210 11th Avenue
Union & Madison LLC has proposed a 5-story 91-unit complex on the triangular block SW of Trace Lofts. The building is designed by Runberg Architecture Group whose other projects include The Crawford on Capitol Hill and the Selano in Lower Queen Anne.

1111 East Pike
Designed by Tom Kundig of Olson Sundberg Kundig Allen Architects, 1111 East Pike is just west of Trace North on E. Pike Street. The proposed 6-story project will feature 27 condominium homes. See also.