Conversion Spotlight
Queen Anne
The Newbury Etruscan (website) is a small conversion project on the North side of Queen Anne at 49 W. Etruria. Originally built in 1968, the project features only 8 condominium homes comprised of 6 one-bedrooms about 680 sq ft in size and 2 two-bedrooms that are 860 sq ft. All 8 units are available though they’ve only released pricing for two units – a one-bedroom listed at $319,950 and a two-bedroom listed at $369,950.
The Newbury Etruscan is located near Seattle Pacific University and is only a short stroll to Fremont.
North Seattle
The 845 Condominium (website) is located in the Pinehurst area of North Seattle on 125th & Roosevelt. Of the 15 homes, only 8 one-bedroom and two-bedroom homes remain. The one-bedrooms range in size from 665 to 707 sq ft and start at $214,950. The two-bedrooms are 829 sq ft and begin at $254,950.
Bellevue
The Belcera (website) in Bellevue has been on the market for a few months and have sold more than half of the 11-units available. The two-bedroom homes are approximately 900 sq ft in size and feature slab granite countertops, travertine tiled bathrooms (floor & surround) & hardwood floors. Homes start at $315,000.
Currently, the developer is offering buyers paid HOA dues for 12 months and no mortgage payments for 3 months.
Redmond
Redmond View (website) is another small project that offers 9 two-bedroom homes that range in size from 990 to 1,022 sq ft. Home features include bamboo flooring, slab granite countertops, cherry cabinets and travertine tiled bathroom floors. These homes are priced from $369,950.
Currently, the developer is offering buyers paid HOA dues for 12 months and no mortgage payments for 3 months.
The Canadians with there new dollar foreign exchange wealth will surely be down to snap these up
Seriously though, we’ve been getting a number of calls from folks North of the border looking for investments in Seattle.
Wasn’t Carbon 56 a conversion? I’ve been through there a few times and it seems they can’t move those units. They’ve even changed some of the units floorplans, at a considerable expense I assume. I recently noticed they are on their 3-4 lender.