Real Estate
Clise Sale Is Off…For Now
Clise Properties has taken its 13-acres in Denny Triangle off the market due to the global credit market downturn. Clise received 15 offers and conducted 60 tours with the most serious offer coming from a Dubai-based real estate development company. Clise is expected to put the properties back on the market once the financial markets…
Montage Condos – Capitol Hill
The Montage (website) is the newest condominium addition to the Pike/Pine corridor on Capitol Hill. The 6-story, 23-unit building is located at 1422 Boylston Avenue, just around the corner from the HoneyHole. Montage includes a mix of open one-bedroom, one- and two-bedroom homes ranging in size from 661 to 1,121 square feet. Homes on the…
March Condo Performance Update
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…
Tacoma Condo Tour 2008
With attention focused on Seattle and Bellevue’s condominium boom, Tacoma’s downtown district has quietly undergone its own residential revival with a number of new condo developments. Not surprisingly, several of Tacoma’s condo developments rival those found in Seattle in terms of luxury, styling and price tag. To show off these new developments, Bonneville International (KIRO…
Upcoming Condo Events
The Seattle Condo Tour (website) is taking place this coming Saturday and Sunday, April 5th & 6th. The tour starts at 11:00 AM from Fisher Plaza at the corner of 5th Avenue & Denny Way. Additionally, seminars will be held both days during tour hours at Fisher Plaza. The Bravern (website) will be celebrating the…
2nd & Virginia Site Up for Grabs
The DJC reported today that the parcel on the NW corner of 2nd Avenue & Virginia (next to Cristalla) has been put up for sale. Property owner, Columbia West, is hoping to sell the lot and purchase income producing properties. Though, if the parcel does not sell, word is that Columbia West will eventually develop…
Lighthouse Point – West Seattle
The Lighthouse Point Condominium (website) is a new conversion complex located next door to the Alki Point Lighthouse and steps from Alki Beach. Previously the Riptide Apartments, Lighthouse Point offers 40 studio and one-bedroom homes starting from $195,000. The initial release of homes are located on the 1st and 2nd floors and range in price…
McKean Condo – Queen Anne
The McKean Condominium (website) located on Queen Anne’s SW slope at 1404 Olympic Way West is the latest Seattle offering from the MCM Group. Originally constructed in 1929, the brick-veneered vintage building has been thoroughly updated with new wiring, siding and plumbing systems. The complex encompasses just eight one-bedroom condominium homes that feature original hardwood…
Condos Go On the Auction Block
Once touted by its developer as the centerpiece to creating a Kirkland styled neighborhood on the Kitsap Peninsula, The 400, is now heading to the auction block. According the the Kitsap Sun, starting bids will be nearly 60% below the list price. A 577 sq ft one-bedroom unit listed at $259,000 will be offered at…
Conversion Roundup
Capitol Hill seventeen07 – 1707 Boylston Ave seventeen07 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…
