6 To Go At Four Seasons

Four Seasons Seattle

Yesterday a few folks on Twitter were remarking that a condo at the Four Seasons that had been sitting for five years finally went pending. I think it is more remarkable that there is still six to go! Walking through the Vik Ballard sales center this weekend I was certainly struck by the difference in… Read More

Escala Down to 9 Units

Escala-Condos

We ran into Escala’s agent this past weekend and word is that they have 9 units left with one of those in negotiations. Almost sold out!

Olive 8 Sellers Hoping For Big Gains

Olive 8

Two Olive 8 units hit the market today with their sellers hoping for some big gains. We’ll be curious to see if they get what they’re hoping for. Unit 2908 – 1 bed, 1.5 baths, 1,092 square feet. Listed at $669k. Last sold November 2011 for $495k. Unit 2300 – 2 beds, 2 baths, 1,534… Read More

324 More Units Coming to Downtown

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PSBJ reports that yet another residential building is going to spring up downtown, < a href="http://www.bizjournals.com/seattle/blog/2014/03/development-site-near-pike-place-market-sells-for.html">Development site near Pike Place Market sells for $16 million: Claudio Guincher, the head of Bellevue-based Continental, said the quarter-block surface parking lot comes with a master-use permit for a 400-foot-tall residential tower with 324 units. He said it’s too… Read More

Photos from that Bank Owned Loft

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Thanks to an Urbnlivn reader for going to check out the downtown loft we recently blogged about, Potential Gem Alert: Bank Owned Loft. Here is their report: I saw this unit over the weekend and was able to take some pictures. Unfortunately, there was no power in the unit so the pictures are very dark…. Read More

Potential Gem Alert: Bank Owned Loft

1507 Western Ave

Unit 204 in the Fix Madore building at 1507 Western Ave is for sale by the bank. Listed at $374,900 there is only one photo, an exterior one. This could mean the place is trashed inside. Or it could mean they’re just too lazy to post some good photos. If you’re looking for a downtown… Read More

Escala Resale +$166k in 3 Years

1920 4th Ave - Living Room

If this Escala resale sells close to list price. WOW. Bought January 2011 for $422,000 now listed at $580,000.

“Sold Out” Olive 8 Sells One More

737 Olive Way - Unit 3800 - Living Room

Olive 8 “sold out” last June but was really holding on to one more unit that was “incorporated back into the developer’s portfolio”. Today, that incorporated unit is back on the market. Unit #3800 is a biggie at 2,225 square feet including 3 bedrooms, 3 bathrooms. All for $2.495m which, if memory serves, is what… Read More

Downtown Condo Steps From Westlake Park

1500 4th Ave #905 Seattle Downtown Condo

City slickers and fashionistas will be pleased with this downtown location. Surrounded by shops and just steps to Westlake Park, this 710 square feet semi 1 bedroom, 1 bathroom condo is located at 1500 4th Ave, truly in the middle of it all. It was built in 1909, making it a National Historic Site, but don’t… Read More

Tim Lincecum Selling ’50 Shades of Grey’ Escala Condo

1920 4th Ave - 2806 - deck

Baseball star Tim Lincecum is selling Unit 2806 at Escala, the condo building best known for being featured in ’50 Shades of Grey’. Listed at $2,495,000 he paid $1.575m. I suspect the unit is not staged with his furniture :). From a NYT article about the place: Lincecum gave me a tour of his place,… Read More

More Condos (and Hotel Units) Coming to Downtown

gisseattletower-600

On Wednesday Marc Stiles at the PSBJ broke the news, Downtown Seattle hotel-condo project planned: The project is planned for the corner of Stewart Street and Minor Avenue, according to a press release on GIS’s website. The site, which is now a parking lot, is the same place where GIS planned a 25-story hotel and… Read More

Olive 8 Seller Looking for 10% Appreciation in 9 months

737 Olive Wy #3502

It will be interesting to see how Unit #3502 at Olive 8 fares on the market. The agent is wrapping up an open house today after listing the two-bedroom, two bathroom unit yesterday for $1.25 million. If the seller get the list price, it will be a roughly 11% hike from last November when he/she… Read More

Four Seasons Owner Looking at $1.2m Loss

99 Union St 1704 - Deck

As Curbed points out, the views from unit 1704 at the Four Seasons are incredible. What’s really incredible is that the owners paid $4.179m for it in 2009 and are now trying to unload it for $2.998m. They tried to sell it for $2.9m in 2010 but it never sold. Breathtaking. But when the Four… Read More

Escala Owners Try Selling $2.8M Condo Themselves

For sale by owner: 1920 4th Ave #2701

How would you market a multimillion dollar condo in downtown Seattle? Owners of a unit on the 27th floor at Escala is trying to answer that question…for themselves. After listing the condo with a real estate agent for a couple of months, the sellers have decided to take a turn and see if they can… Read More

Four Seasons: Rent, Don’t Buy #1201

Four-Seasons-1201-View

Have you always wanted to live at the Four Seasons but couldn’t stomach paying millions of dollars for a place and thousands a month in dues? Well unit #1201 is now available for rent for only $9,500 a month. It is also for sale for $3.4m but at 20% down that’ll cost you $17,600/month according… Read More

Roche Bobois Coming To Escala

Roche-Bobois_logo

Apparently this is old news but new to us so we’re recycling it here incase you missed it. Roche Bobois is relocating from their Western location to a commercial spot that they paid more than $1 million for. The space contains about 4,300 square feet.

Olive 8 “Sold Out”

olive8

Buried in our update on the remaining Seattle new construction inventory was the news that Olive 8 is now “sold out”. And yes, the quotation marks are intentional. The remaining unit, #3800, a sub-penthouse with 11’ ceilings, 2,225-sq. ft., listed at $2,500,000 was pulled off the market. The developer just decided to incorporate #3800 into… Read More

Escala’s Escalation Stands Out Among 45 Condo Sales in Past Week

Escala2

We’ve noted Escala’s seemingly bullish view of the Seattle condo market as the luxury downtown development repeatedly bumped up its list prices. Those escalating price points do not seem to be hurting sales. Unit #2308 closed on Monday at $1,049,000 after four price hikes. The two-bedroom, two-bathroom condo on the 23rd floor was first listed… Read More

$1.1M Olive 8 Condo Among 38 Seattle Condos Sold in Past Week

737 Olive Way #3100

A two-bedroom condo on the 31st floor of the Olive 8 closed for $1.1 million yesterday, one of 38 condos sold in Seattle in the past week. The Olive 8 deal is interesting, not just because it was the highest-priced unit in the bunch, but because it sold at a pretty lofty price just a… Read More

Worth $1,000+ Per Square Foot?

11-foot ceilings at 819 Virginia St #3403

The northeast penthouse unit at The Cosmopolitan just hit the market for $1.8 million. Two things about that list price caught my eye: It’s higher than the June, 2007 sale price and the price per square foot is $1,029. It will be interesting to see how the market responds. Sure the 11-foot ceilings, the gourmet… Read More