Waterfront Quarterly Report

The highest sale of the second quarter on the Eastside was an exquisite 7112 sq. ft., 2006 built Hunts Point home on 100 ft. of private Lake Washington waterfront with undisturbed East facing views at $9,500,000 (listed for $9,950,000). The lowest private waterfront sale was a $1,675,000 (listed at $1,777,000) 2 bedroom Barbee Mill resale, originally built in 2013, in Kennydale on a 5805 sq. ft. lot with 41’ of waterfront.

The Eastside’s private waterfront consists of homes sited along Lake Washington from just north of St. Edwards State Park to Newcastle Beach Park; encompassing the cities of Kenmore, Kirkland, Bellevue, Medina, Newcastle and Renton.

 

The highest sale on Lake Sammamish was of a gated estate with a 4,690 sq. ft. two-story home and 1,300 sq. ft. guest house on a shy half acre with 63 feet of no-bank waterfront which both listed and sold at $3,650,000. The lowest sale was 2006 built 1550 sq. ft. 2 bedroom home on a small 1767 sq. ft. lot with 30 feet of waterfront for $1,075,000 (listed at $1,100,000).

Lake Sammamish is the sixth largest lake in the state of Washington, located 8 miles east of Seattle and just north of the I-90 corridor.

 

Mercer Island’s highest private waterfront sale was a 2007 built, 13,721 sq. ft., 8 bedroom, 8.5 bath spectacular waterfront home sited on 1.23 acres with 120 feet of north-facing Lake Washington waterfront for $13.8 million (listed at $16.5 million). The lowest Island sale was an as-is 1951 cabin on a 12,000 sq. ft. lot with a grand 5 feet of waterfront for $1,020,000 (listed at $999,000).

Mercer Island’s private waterfront homes are situated along the shores of Lake Washington around the perimeter of the Island. While it’s an island, Mercer Island is connected to Seattle and Bellevue via Interstate 90.

 

Seattle’s highest private waterfront sale was a 2001 built 4400 sq. ft. Laurelhurst Colonial Revival with 50 feet of Lake Washington waterfront on .32 acres. Listed at $4,650,000 and sold for $5,220,000. The lowest sale was a 1928 Beach Drive cabin located on 40 feet of Puget Sound waterfront in West Seattle sold at list price for $1,175,000.

Seattle’s waterfront homes are sited on either west shore of Lake Washington to the east or Puget Sound (saltwater) to the west.

 

Click the images below to see the full report for each area.

Mercer Island

Seattle

Lake Sammamish

Eastside

© Copyright 2012-2015, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed. For questions or comments, email Julie Barrows at julie@windermere.com.