Why hasn’t anyone bought this yet?

Why hasn’t anyone bought 1515 Fairview Ave E yet? For $125,000 you get a 400 square foot apartment PLUS a boathouse:

Showing by appt. only. Think of the possibility in this boathouse built by Boeing for experimental jetfoil watercraft. Heavily engineered in the Boeing tradition with 6×6 and 4×10 timber framing and pontoons of the very highest grade half inch thick steel. Exterior dimensions 32’x60′. Septic/holding tank, 440V electric and water connections for shoreside. Apartment area is 8’x50′ with windows french doors and small bathroom. Moorage is rented, month to month.

With 25′ boat slips selling for $40k last time I checked, this is a deal.

Or maybe I’m wrong. After all there’s no kitchen and maybe you can’t live in it. If so you’ll no doubt correct me.

Bonus Link: Hillku on Brix, Structural Violence

About Matt Goyer

I love condos, lofts, floating homes, new construction and mid-century moderns so much so that since starting this blog in 2006 I've written over 2,000 blog posts about them!

For years I resisted becoming a real estate agent preferring to be a marketing executive at Redfin but after leaving Redfin (after seven years!) I caved in the spring of 2014 and became a broker. So if you need help finding that "Urbnlivn-style" place or selling your home email me at matt@urbnlivn.com, I'd be happy to help you.

Prior to Urbnlivn and Redfin, I worked at Microsoft after graduating from the University of Waterloo with a Bachelor of Mathematics with a major in computer science.

You can also find me on Twitter, @MattGoyer, or LinkedIn.

  • fooman

    I would not compare this to buying a boat slip. This is just the structure. The boat slip is rented:

    “Moorage is rented, month to month.”

    Leasing 32 x 60 of water, if you can even find such space, ain’t cheap here in Seattle. This ad really belongs in Boat Trader, not a real estate web site.

  • fooman

    I would not compare this to buying a boat slip. This is just the structure. The boat slip is rented:

    “Moorage is rented, month to month.”

    Leasing 32 x 60 of water, if you can even find such space, ain’t cheap here in Seattle. This ad really belongs in Boat Trader, not a real estate web site.

  • nitsuj

    Hmm…I read that as the slip is currently rented to someone, but that you’d be the owner and could give them notice as it’s a month-to-month agreement.

  • nitsuj

    Hmm…I read that as the slip is currently rented to someone, but that you’d be the owner and could give them notice as it’s a month-to-month agreement.

  • fooman

    Perhaps, but who is granting you rights to moor the floating boathouse itself? At this price, I don’t think you are buying a permanent right to keep it where it exists.

  • fooman

    Perhaps, but who is granting you rights to moor the floating boathouse itself? At this price, I don’t think you are buying a permanent right to keep it where it exists.

  • Jason

    They seem rather proud of that bathroom in there…

  • Jason

    They seem rather proud of that bathroom in there…