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Home / Houses / Magnolia / The Waterfront Magnolia Treehouse is Back

The Waterfront Magnolia Treehouse is Back

By March 26, 2018

Magnolia

The waterfront Magnolia treehouse is back on the market!

Last year it hit the market for $475k, but after not selling after a few price reductions, it was taken off the market.

The value is really in the land. But just how valuable is the land? If you recall, last year we took a trip down Perkins Lane to see just how challenging it would be to build and the answer was, very challenging, there is no road!

Now priced at $139k, it seems like a bargain for a quarter-of-an-acre of in-city waterfront until you do the math on what it will take to put in a road, utilities and custom build a home.

Listed by David Reith – Windermere R.E. Wall St. Inc.

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

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