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Rent or Buy Luxury Seattle Condo at Madison Tower?

By Matt Goyer April 2, 2008

Looking for a luxury 3,183 square foot condo? 4 beds, 5 baths, 4 valet parking spots.

If $4,500,000 is too much commitment for you for 1000 1st Ave #170X aka Madison Tower/Hotel 1000 you can always rent it for only $20,000 month.

And if neither of those scenarios work for you check out unit 1504. $635,000 for 877 square feet or you can rent a one bedroom unit for only $3,750/month.

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:
[email protected]
206-203-6242

17 responses to “Rent or Buy Luxury Seattle Condo at Madison Tower?”

Roboblogger says:

April 3, 2008 at 4:19 am

What is with the absolutely horrid interior on that place? The kitchen is blah and lacks any character. The beige walls and carpet are gross. The two rooms shown with closets make my eyes bleed with their sheer ugliness. One of them has a drop ceiling that makes it look like an office?!

Basically it’s $4.5m plus whatever it costs to actually do an interior design job, because right now it makes Home Depot interiors looks good.

Redfin says this has been on the market for 1 day but I saw this condo last year (unless there are two identical hideously ugly buildings in that same complex). It’s not selling for a reason – it’s an overpriced eyesore.
Roboblogger says:

April 2, 2008 at 8:19 pm

What is with the absolutely horrid interior on that place? The kitchen is blah and lacks any character. The beige walls and carpet are gross. The two rooms shown with closets make my eyes bleed with their sheer ugliness. One of them has a drop ceiling that makes it look like an office?!

Basically it’s $4.5m plus whatever it costs to actually do an interior design job, because right now it makes Home Depot interiors looks good.

Redfin says this has been on the market for 1 day but I saw this condo last year (unless there are two identical hideously ugly buildings in that same complex). It’s not selling for a reason – it’s an overpriced eyesore.
mattgoyer says:

April 3, 2008 at 4:54 am

I swear I saw it before too but I had someone look it up on the MLS and the CDOM is really low.
Matt says:

April 2, 2008 at 8:54 pm

I swear I saw it before too but I had someone look it up on the MLS and the CDOM is really low.
Roboblogger says:

April 3, 2008 at 5:00 am

Last month the MLS number on this place was 28049450. Same photos and same details. I don’t know what it was listed under before that but it’s been around several times.

Obviously these places aren’t selling very well in the current market and the interior doesn’t help. You could buy a penthouse at Mosler and save $2m over this eyesore.

The Hotel 1000 and Boka are pretty cool…but whoever designed the penthouse interiors got hit with the ugly stick.
Roboblogger says:

April 2, 2008 at 9:00 pm

Last month the MLS number on this place was 28049450. Same photos and same details. I don’t know what it was listed under before that but it’s been around several times.

Obviously these places aren’t selling very well in the current market and the interior doesn’t help. You could buy a penthouse at Mosler and save $2m over this eyesore.

The Hotel 1000 and Boka are pretty cool…but whoever designed the penthouse interiors got hit with the ugly stick.
Michael says:

April 3, 2008 at 4:04 pm

I’ve seen this on the market for at least the past year. And >$1,700 sq ft, you’ve got to be kidding me. San Fran, New York and Chicago are less expensive and you still get high quality kitchens, materials, etc. Seattle condo prices, what a joke!
Michael says:

April 3, 2008 at 8:04 am

I’ve seen this on the market for at least the past year. And >$1,700 sq ft, you’ve got to be kidding me. San Fran, New York and Chicago are less expensive and you still get high quality kitchens, materials, etc. Seattle condo prices, what a joke!
jo says:

April 3, 2008 at 5:08 pm

That’s not even the penthouse…is it? Someone just combined two units on a lower floor I believe.
jo says:

April 3, 2008 at 9:08 am

That’s not even the penthouse…is it? Someone just combined two units on a lower floor I believe.
EconE says:

April 3, 2008 at 11:09 pm

I toured one of those 2 BR units. There is a “flex” room in it that they aren’t showing that is LAME LAME LAME imho.

It might not be the 17th floor unit that people have seen before as the exact same tired photos seem to be used for every unit in that bank.
EconE says:

April 3, 2008 at 3:09 pm

I toured one of those 2 BR units. There is a “flex” room in it that they aren’t showing that is LAME LAME LAME imho.

It might not be the 17th floor unit that people have seen before as the exact same tired photos seem to be used for every unit in that bank.
nitsuj says:

April 5, 2008 at 5:42 pm

“Seattle condo prices, what a joke!”

WIN! the design and architecture of most of them is a bit generic to me as well.
nitsuj says:

April 5, 2008 at 9:42 am

“Seattle condo prices, what a joke!”

WIN! the design and architecture of most of them is a bit generic to me as well.
mola4everyourz says:

September 24, 2009 at 2:21 am

Renting a car can be a viable solution if you're on a trip to a foreign country and you hate driving all the way there. So if you're a bit more lazy like I am I think renting a car is a good choice. I sincerely believe (although prices are fluctuating) that you shouldn't need that much money to rent a car or inchirieri masini (with the competition and all) but it really depends on what you want to drive. You can't rent a mercedes for 20 $ a day that's for sure but i don't get people who are renting a car for 6 months when they can buy it :))
Anonymous says:

September 29, 2009 at 2:38 pm

Wow…Very useful information especially for travelers..Thanks!
Rent a car
Buy a Condo says:

July 28, 2010 at 5:37 am

Oh! the prices are high………..

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