Seattle Waterfront Homes Sold, October 2010

There were six waterfront homes sold in Seattle in October, with prices ranging from a $700,000 floating home to a $6.7 million Lake Washington estate. Sales of high-end waterfront real estate continue to show signs of life in 2010, even as much of the market is significantly off its 2009 numbers.

In Portage Bay, a large, fairly new floating home sold for $700k. There are some houseboats and floating homes that sell for under $500k but this is the entry price point for a full-sized, traditional style home on Lake Union area waterfront.

In Northeast Seattle's Cedar Park neighborhood, two waterfront homes sold for $900k and $1.06MM. Cedar Park has some of the most truly-waterfront homes in Seattle-many sitting right on top of the shoreline or partially over the water on pilings. Fixers in this neighborhood start in the $700k range and remodeled properties quickly reach $2MM.

On Eastlake's Fairview Ave, one of the premier floating homes in the city sold for $2.08MM. This home sits on the prime outermost corner of Dox Co-op's moorage, with sweeping views of the city. The only floating homes in the city that garner higher prices are new construction, 3 story floating homes that can reach $3MM.

In Laurelhurst, a beautiful Lake Washington estate sold for $5.4 million. This Webster Point home faces Southeast across the lake in one of Northeast Seattle's most-coveted neighborhoods. With tons of waterfront moorage, the lakefront shoreline stretches 87 feet.

The top sale of the month (and the summer) was a Washington Park luxury estate. The extremly private property covers 18000 sq ft and hosts a 6500 square foot home with walls of glass facing Lake Washington. 120 feet of waterfront footage is appointed with extensive lake moorage suitable for large watercraft.

Seattle Waterfront Homes Sold - October 2010

Address City Price Beds Baths Sq Ft
1210 E Shelby St #G Seattle $700,000 2 1.75 960
11036 Riviera Place NE Seattle $899,000 3 2 2,000
12754 Riviera Place NE Seattle $1,060,000 3 1.75 2,700
2219 Fairview Ave E #15 Seattle $2,080,000 3 1.75 2,800
3006 Webster Point Rd NE Seattle $5,400,000 5 3.75 5,301
4205 E Highland Dr Seattle $6,700,000 4 4.75 6,490