Danzante Bay at The Islands of Loreto, Mexico! Located on the eastern side of Baja California Sur, Loreto looks out upon the Gulf of California and is quickly transforming into an upscale Cabo San Lucas. Realogics SIR is the exclusive Northwest partner for this development and invites you to experience all the area has to offer at Villa del Palmar—the premier destination resort in Loreto for luxurious spas, fine dining, sight seeing, water sports, golf, tennis, and so much more.
They are some of Seattle’s most unique and recognizable homes, and there’s only 500 of them. Last month, team member Enrico Pozzo—an expert in all things floating homes—led a tour of Lake Union and the homes that top its waters. Skippered by Realogics Sotheby’s International Realty (RSIR) CEO Dean Jones, our team was joined by nearly 40 of our RSIR colleagues and a few guest brokers from our affiliates in New York and California.
Our client’s Westlake floating home closed at $1,150,000! It was a pleasure working with them and we wish the new owners the best of luck in their new space.
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SOLD in Eastlake for $3,217,500! An exquisite 3 bedroom custom floating home in the ‘Best View’ position at Roanoke Reef. Elegant open living and dining room, gourmet kitchen and family room with lake views. Master suite with 5 piece luxury bath. Rich materials, elegant, mint condition. Grand roof deck with 360 degree Lake Union views & gas fire pit. Dock for water toys. Private gated entry, boat moorage, garage parking & storage.
Our team recently listed a once-in-a-lifetime experience: a stunning top-floor waterfront condo with three bedrooms and 2 baths. Features include incredible views of Lake Union and Gas Works Park, 2 balconies, a pool, exquisite custom cabinetry, unique marble and granite finishing details, heated bathroom floors, 2 fireplaces, gourmet kitchen, Peshtigo River birch hardwood floors in kitchen and entry, 2 fee ownership boat slips, 2 secured parking places and plenty of storage.
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In the Seattle region, total units sold are a bit down from this time last year (32 in 2015 vs 20 in 2016) but the markets in these areas tend to be comprised of a few large sales rather than a greater quantity of more middle-priced options. With a glut of construction in Seattle Proper to meet the demand of the near-constant stream of people relocating from out-of-city or out-of-state, the area has developed a strong rental market, perhaps with the result of fewer home sales. Waterfront sales in this area tend to be either large, multi-million dollar estates or lower-priced condos with little in-between.
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I am pleased to share the newest edition of the Realogics Sotheby’s International Realty Waterfront Report, containing information on home values, sales trends, and market activity throughout waterfront locations in the Puget Sound region. This updated report includes data for the first six months of 2016, from January 1-June 30, and compares that data to the same time frame from 2015 and 2014. Overall, we are seeing a higher average sales price and decreased days on market driven by rising competition for available homes in an environment of lower inventory as sellers wait to see how high their home values might rise. As a company that specializes in waterfront property, we seek to aid you with your future home buying and selling by being a consistent and reliable resource for this desirable lifestyle.
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The Hobbit Houseboat is one of Seattle’s most charming floating homes! A custom-crafted 2 story, 2 bed/1 bath cottage on one of Lake Union’s loveliest docks, features include a 200 year old cedar log bathtub, sculptural wooden sink, sleeping nook with cedar carved door, and cherry floors. Natural light pours into the open floor plan of this home from every direction, especially from the exterior deck, perfect for contemplating the lovely channel and lake views. Pet friendly dock. Small boat moorage subject to community approval.
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“We observe China as the soon-to-be largest economy and a wealth engine with a high propensity for its nationals to seek financial safe harbor and education overseas. Asian demographics are the fastest-growing segment in Washington State with the greatest number stemming from China.”
Other markets covered in the report include The United States, The United Kingdom, and Brazil. View more insights in our Luxury Life report.
