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MLS Watch: Price cuts at Bellagio, 2 million in Madison

By December 7, 2007

Bellagio, Mosler Lofts

I stay up every night waiting for my Redfin Listing Alert email to find out what’s going on in condo land. Sad to say that there hasn’t been much to blog about lately. However, Bellagio did me a favor with some price cuts.

The 1611

Looking for an upscale condo in Madison Park? Check out #C at the 1611 (best name ever.) At $1,311 a square footage this place is only $2,350,000. One of only 3 units. Private elevator none-the-less.

Bellagio Holiday Price Cuts

I guess the Bellagio is finding that no one is visiting their listings because of blurry dark photography and decided to drop their prices, in one case $25,000, instead of hiring a photographer for $125/unit.

#203 went from $340,000 to $315,000.

#206 went from $528,000 to $510,000.

#103 went from $565,000 to $545,000.

Shame on you Urban Pacific Real Estate.

Mosler Flips

At close to $500/square foot both #314 and #411 are both nice spacious units though there is no view. Note that I find it disingenuous when listing agents include photos of the roof deck view.

Bonus Blurb: “The Seattle Streetcar begins its operations next Wednesday, December 12. Seattle Mayor Greg Nickels will host a ceremony starting at 11:30 a.m. that day and the first Streetcar will embark from the Westlake Hub at 12:12 p.m.”

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!

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