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Seattle's Houseboat Market - Floating Homes, Lakefront Real Estate

By
Real Estate Agent with SeattleHome.com -Coldwell Banker Danforth

There are currently about 3 dozen houseboats and floating homes for sale in Seattle. This number is a bit higher than usual, but not particularly far out of the normal range of inventory.

Sales of houseboats and floating homes started out well for the year, but have slowed a bit. We're currently at just 8 sales for the year, while last year at this point just 7 had been sold. This is a luxury/vacation/second home market, which typically suffers in slow real estate markets.

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Financing is now available for houseboat vessels, which previously was a big hindrance for buyers. There's still usually a requirement for at least 20% down, but it does break the requirement for all-cash buyers. This should help the market moving forward.

Current houseboats and floating homes for sale:

Address Price Beds Baths
8604 Dallas Ave S $85,000 1 0.75
2730 Westlake Ave N #84 $125,000 1 1
2143 N Northlake Wy #53 $125,000
2143 N Northlake Wy #24 $135,000 1 1
2401 N Northlake Wy #E1 $149,000 2 1
2524 Westlake Ave N #Dock1 $150,000 2 0.75
1080 W Ewing Place $169,000 2 0.75
2401 N Northlake Wy $175,000 2 0.75
2143 N NorthLake Wy #A7 $195,000 2 0.75
2040 Westlake Ave N $224,000 1 1
2143 N Northlake Wy #A-19 $225,000 1 0.75
901 N Northlake Wy $239,000 2 0.75
2401 N Northlake Wy #L7 $274,950 2 0.75
2764 Westlake Ave N #D $325,000 1
2143 N Northlake Wy #27 $339,950 1 0.75
2143 N Northlake Wy #30 $345,000 1 0.75
2401 N Northlake Wy #L-16 $349,000 2 1.5
2764 Westlake Ave N #C $489,000 2 0.75
1409 NE Boat St #2 $489,000 1 0.75
2019 Fairview Ave E #B $495,000 1 1
2235 Fairview Ave E #2 $575,000 2 1
2321 Fairview Ave E #3 $625,000 2 0.75
1214 E Hamlin St #3 $645,000 1 1
2017 Fairview Ave E #N $649,950 2 1.5
1210 E Shelby St #G $739,000 2 1.75
2025 Fairview Ave E $749,000 2 1.5
3130 Portage Bay Place E #A $750,000 4 3
933 N Northlake Wy #14 $799,950 2 1.5
2822 Boyer Ave E #1 $825,000 1 1
2821 Fairview Ave E #10 $850,000
2466 Westlake Ave N #17 $975,000 2 1
10 E Roanoke #1 $1,720,000 2 2

Comments(7)

Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Interesting price points for these gems...wish floathouse living was allowed in my area.    Best of all worlds!

Jul 25, 2010 06:29 AM
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Hi Sam,

We have nothing like this in our market.  How does the sale of the houseboat work concerning where it is moored?  Is your spot on the mooring part of title, or do you just own the boat and you rent the space to dock it?

Jul 27, 2010 05:03 AM
Sam DeBord
SeattleHome.com -Coldwell Banker Danforth - Seattle, WA
Seattle Real Estate Broker

Bruce, there are lots of different ownership categories for houseboats and floating homes.  Some are titled, co-op and condo moorage, some are just leased moorage.  Depending on the type of home, it can technically be a vessel with "tabs", or a real estate with property taxes.

Jul 27, 2010 05:12 AM
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Thanks, Sam!  You see so many television and movie characters who live on a houseboat/yacht and I always wondered about that!

Jul 27, 2010 05:58 AM
Sam DeBord
SeattleHome.com -Coldwell Banker Danforth - Seattle, WA
Seattle Real Estate Broker

Don't believe the movies, Bruce.  Tom and Meg's floating home was $2MM-$3MM.  Most "houseboats" are much more cozy.

Jul 27, 2010 06:09 AM
Paul McFadden
Responsive Pest Control - Seattle, WA
Pest Control, Seattle, WA.

Sam: Thanks! I'm thinking you may have the listing for a friend of mine's houseboat on Lake Union. Take care.

Aug 16, 2010 02:13 AM
Sam DeBord
SeattleHome.com -Coldwell Banker Danforth - Seattle, WA
Seattle Real Estate Broker

Hi Paul,

I've got a couple, on Northlake and Westlake.  It's a fun market to sell.

Aug 16, 2010 04:41 AM