FB
[email protected]
206-338-3535
Home / Seattle Condos / Downtown / 1521 / Luxury Condos in Seattle

Luxury Condos in Seattle

By December 5, 2006

1521, Cristalla, Madison Tower

The Seattle Times this weekend had a big article on luxury real estate, The new luxury in Real Estate and takes a look at the definition of luxury condos:

How does an “all-luxury” building differ from a regular condominium project? For starters, there’s price: Most luxury condos cost $1,200 a square foot or more.

As well as the perks:

  • Tall ceilings
  • Programmable home entertainment
  • Programmable (Lutron) blinds
  • Outdoor space: 15-20% of the square footage of the unit
  • Concierge services
  • Valet parking
  • Food delivery from hotel restaurant
  • Multi-floor
  • Views
  • Indoor gyms, spas, golf ranges
  • Dry cleaner
  • 100 square foot closets (about the size of a Moda condo)
  • Latest construction styles: Steel, glass, concrete
  • Dog park

Curious how many of these luxury condos were on the market I pulled up this list using Redfin. Here they are sorted by $/SqFt.

Notice how long some of those have been on the market and there certainly are a surprising number of units at the ‘sold out’ Hotel 1000 / Madison Tower. I’d hate to be one of those flippers!

…This makes sense given the Seattle Time’s stats of condo sales over $3 million in King County:

  • 2003: 0
  • 2004: 3
  • 2005: 5
  • 2006: 7

I own and manage Urban Living, a boutique Seattle and Bellevue real estate brokerage. I love lofts, floating homes, new construction, and mid-century moderns, but I will help you buy or sell just about anything!

Get in touch to:

  • Understand the market
  • Find your perfect home
  • Sell your home

Contact:

206-203-6242