South Bellevue - Windermere Real Estate

Community Profile
South Bellevue
Including Lakemont ■ Newcastle ■ Newport Shores ■ Newport Hills
F
rom hilltop estates with
panoramic views to luxurious
lakefront homes, South Bellevue offers a
lovely mix of upscale suburban communities.
Quiet streets, spacious yards and excellent
schools make these neighborhoods a
wonderful choice for families. The area is
adjacent to 100-acre Cougar Mountain
Park, an oasis of open space with miles of
hiking trails and natural habitat for wildlife.
South Bellevue is also home to the worldclass Newcastle Golf Club, which offers
sweeping views of Mount Rainier, Lake
Washington and the Seattle skyline. Natural
beauty plus exceptional amenities make these
communities some of the Eastside’s most
sought-after locations.
South Bellevue Snapshot
■
Panoramic lake, mountain and golf
course views
■
Stately newer homes
■
Easy access to recreational activities
Sales of homes priced at $1,000,000 or more
Includes single family residences and condominiums
Year
Number
of sales
Average
list price
Average
sales price
Highest
sales price
Price per
square foot
Days on
market
2001
44
$1,455,633
$1,379,793
$2,594,775
$276.46
180
2002
36
$1,606,859
$1,509,171
$3,750,000
$305.03
180
2003
49
$1,445,467
$1,351,418
$2,575,000
$271.26
243
2004
76
$1,434,149
$1,373,989
$3,189,000
$301.42
208
Source: Chart created by Windermere using Northwest Multiple Listing Service data, but information was not verified or published by NWMLS. Statistics based
on MLS search of Area 500. Average DOM figures were calculated by utilizing all the listing information pertaining to an individual sale as reported by the MLS
in Property History.
Community Profile
The Highlands
T
he Highlands is arguably the
most exclusive neighborhood
in the state. Perched high above Puget Sound,
this historic gated community is located on
300 acres of old-growth forest at the north
end of Seattle. The community and many of
its gardens were designed in the early 1900s
by the renowned Olmsted Brothers, who also
created Central Park in New York. Wooded
winding roads connect grand old estates set
on acres of landscaped grounds, all protected
from view. The Highlands is bordered on the
east side by the private Seattle Golf Club.
This secluded enclave offers the ultimate in
privacy, luxury and old-world elegance.
The Highlands Snapshot
■
Historic gated community
■
Elegant 100-year-old estates
■
■
Acres of mature, beautifully
landscaped grounds
Secluded, private setting
Sales of homes priced at $1,000,000 or more
Year
Number
of sales
Average
list price
Average
sales price
Highest
sales price
Price per
square foot
Days on
market
2001
6
$4,390,000
$3,730,500
$6,950,000
N/A
140
2002
2
$2,750,000
$2,662,500
$3,250,000
$400.17
218
2003
3
$2,846,666
$2,641,666
$4,150,000
$417.65
465
2004
2
$4,247,000
$3,600,000
$4,400,000
$739.50
699
Source: Chart created by Windermere using Northwest Multiple Listing Service data, but information was not verified or published by NWMLS. Average DOM figures were
calculated by utilizing all the listing information pertaining to an individual sale as reported by the MLS in Property History.
Community Profile
West Bellevue
Medina ■ Clyde Hill ■ Hunts Point ■ Yarrow Point
Meydenbauer ■ Enatai ■ Vuecrest
T
These small “gold coast”
communities that line the
Lake Washington shoreline west of Bellevue
contain some of the most expensive homes in
King County. From new waterfront mansions
to grand and gracious older estates set amidst
private acreage, the homes here are spacious
and elegant. The varying architectural styles
are interwoven with towering evergreens
that give much of the area a lush park-like
setting. Each neighborhood has its own
special personality and each boasts its own
spectacular views of Lake Washington, Mount
Rainier, the Olympic Mountains, the Cascade
Mountain range and the Seattle skyline.
West Bellevue Snapshot
■
Large, opulent homes
■
Small, secluded neighborhoods
■
Dramatic waterfront lots
■
Striking water, city and mountain views
Sales of homes priced at $1,000,000 or more
Includes single family residences and condominiums
Year
Number
of sales
Average
list price
Average
sales price
Highest
sales price
Price per
square foot
Days on
market
2001
56
$1,967,205
$1,862,852
$5,975,000
$416.37
157
2002
46
$1,725,888
$1,583,889
$5,500,000
$374.13
182
2003
85
$1,914,941
$1,768,231
$5,200,000
$426.45
246
2004 113
$1,935,778
$1,829,921
$7,500,000
$466.56
217
Source: Chart created by Windermere using Northwest Multiple Listing Service data, but information was not verified or published by NWMLS. Statistics based
on MLS search of Area 520. Average DOM figures were calculated by utilizing all the listing information pertaining to an individual sale as reported by the MLS
in Property History.
Community Profile
West Seattle
T
hough just a few minutes
drive from downtown Seattle,
West Seattle has more of an island mentality.
Located on a peninsula across the bay from
Seattle, the area enjoys a splendid sense of
“getting away from it all.” Surrounded by
water, West Seattle is ringed with waterfront
homes both old and new. The scenic Alki
neighborhood, located on a long, sandy
beach (a rarity in much of the Seattle area),
has a true beach community feel. Restaurants
of all kinds line the main street. Roller-skaters
share the boulevard with joggers, moms
with strollers and retirees out for a morning
walk. A diversity of architecture just adds
charm to the mix. Century-old cottages
=nestle next to new luxury condominiums—
all sharing breathtaking views of the bay and
Seattle skyline.
West Seattle Snapshot
■
■
■
■
Charming beach neighborhoods
Dramatic views of the water and
Seattle skyline
Laid-back, small-town atmosphere
Minutes to downtown Seattle and
freeway access
Sales of homes priced at $1,000,000 or more
Includes single family residences and condominiums
Year
Number
of sales
Average
list price
Average
sales price
Highest
sales price
Price per
square foot
Days on
market
2001
6
$1,481,500
$1,350,000
$2,150,000
$408.47
188
2002
13
$1,452,151
$1,275,306
$1,610,000
$343.44
251
2003
13
$1,550,457
$1,456,384
$2,300,000
$383.07
335
2004
17
$1,311,705
$1,232,129
$1,900,000
$344.43
231
Source: Chart created by Windermere using Northwest Multiple Listing Service data, but information was not verified or published by NWMLS. Statistics based
on MLS search of Area 140. Average DOM figures were calculated by utilizing all the listing information pertaining to an individual sale as reported by the MLS
in Property History.
Community Profile
Kent Auburn
■
S
et in a pastoral valley 18 miles
south of Seattle, these
communities offer majestic views of Mount
Rainier, and the Cascade and Olympic
mountains on the horizons. The area was
once primarily farmland, and still offers
peaceful pastoral views. Acreage is not
uncommon here, with gracious homes set
on large lots or large country estates amidst
expansive pastureland. Amenities are plentiful,
with dozens of parks, public and private golf
courses and numerous biking and jogging
trails nearby. Lake Meridian, with its play
fields, swimming, fishing and boating offers
superb recreational opportunities. Centrally
located, these communities are a quick
freeway drive from Seattle, Tacoma and
Bellevue and 45 minutes from local ski areas.
Kent-Auburn Snapshot
■
Pastoral mountain and territorial views
■
Opportunity for acreage
■
Quiet, secluded home sites
■
Easy freeway access
Sales of homes priced at $1,000,000 or more
Includes single family residences and condominiums
Year
Number
of sales
Average
list price
Average
sales price
Highest
sales price
Price per
square foot
Days on
market
2001
2
$1,400,000
$1,255,000
$1,350,000
$261.75
153
2002
0
-
-
-
-
-
2003
2
$1,243,500
$1,110,000
$1,120,000
$189.59
187
2004
2
$1,274,500
$1,235,000
$1,320,000
$484.94
181
Source: Chart created by Windermere using Northwest Multiple Listing Service data, but information was not verified or published by NWMLS. Average days on market
figures were calculated by utilizing all the listing information pertaining to an individual sale as reported by the MLS in property history.
Community Profile
Vashon Island
L
ocated just minutes by ferry from
West Seattle, Vashon Island
feels far removed from the bustle of city life.
Luxury homes here tend to be traditional in
style and are set on generous lots that ring the
shoreline. Vashon brings together a charming,
eclectic mix of lifestyles. Gentlemen farmers,
horse-stable owners and artists all share the
low-key, rural setting. Upscale yachts sit
alongside local fishing boats at Quartermaster
Marina. The small, friendly town center
features goods from artisan food makers,
organic bakeries and island coffee roasters,
making for an idyllic getaway with all the
comforts of home.
Vashon Island Snapshot
■
Expansive beachfront lots
■
Laid-back, rural lifestyle
■
Secluded, peaceful properties
■
Lush wooded settings
Sales of homes priced at $1,000,000 or more
Includes single family residences and condominiums
Year
Number
of sales
Average
list price
Average
sales price
Highest
sales price
Price per
square foot
Days on
market
2001
3
$1,625,000
$1,390,000
$1,620,000
$277.99
204
2002
3
$1,388,333
$1,288,333
$1,575,000
$336.96
138
2003
1
$1,100,000
$1,100,000
$1,100,000
$354.84
5
2004
3
$1,330,000
$1,298,333
$1,500,000
$331.42
163
Source: Chart created by Windermere using Northwest Multiple Listing Service data, but information was not verified or published by NWMLS. Average days on market
figures were calculated by utilizing all the listing information pertaining to an individual sale as reported by the MLS in property history.
Community Profile
Renton Highlands
■
Kennydale Waterfront
L
ocated south of Bellevue
on Lake Washington, this
charming neighborhood features homes
with expansive waterfront views. Like its
nearby neighbor to the north, Newport
Shores, the community offers residents
plentiful opportunities for lakefront walks
and other outdoor activities. Lovely Coulon
Park, located on the lake, offers 53 acres
of waterfront recreation, from swimming
beaches to summer concerts. Homes in the
area vary in style, from new estates to older
homes that boast modern, luxury renovations.
Accessibility is a big plus for commuters.
Located within minutes of I-405, Seattle
and the airport are 20 minutes away and
Snoqualmie Pass is an easy 30-minute drive.
Renton Highlands ■ Kennydale
Waterfront Snapshot
■
Friendly, small-town community
■
Wonderful lakefront properties
■
Vital growing neighborhood
■
Quick and easy freeway access
Sales of homes priced at $1,000,000 or more
Includes single family residences and condominiums
Year
Number
of sales
Average
list price
Average
sales price
Highest
sales price
Price per
square foot
Days on
market
2001
0
-
-
-
-
-
2002
0
-
-
-
-
-
2003
1
$2,495,950
$2,400,000
$2,400,000
NA
445
2004
5
$1,251,800
$1,221,100
$1,251,800
$332.52
161
Source: Chart created by Windermere using Northwest Multiple Listing Service data, but information was not verified or published by NWMLS. Average days on market
figures were calculated by utilizing all the listing information pertaining to an individual sale as reported by the MLS in property history.
Community Profile
Des Moines to Federal Way
Des Moines
L
■
Redondo
■
Federal Way
ining the shores of Puget
Sound between Seattle and
Tacoma, this string of upscale waterfront
communities offers a small-town feel with
instant access to big city life. Located on
a bluff above the Sound, the area boasts
panoramic water and mountain views.
The neighborhoods feature a charming
assortment of home styles, from large
beachfront properties to grand gated estates.
A lovely boardwalk and picturesque marina
add to the charm of the main business area.
Easily accessible, yet secluded in feel, these
communities combine laid-back waterfront
living with the highest level of luxury.
■
Dash Point
Des Moines ■ Redondo ■ Federal Way ■
Dash Point Snapshot
■
Striking waterfront and mountain views
■
Small-town feel with easy acess to city life
■
Secluded, suburban setting
■
Large gracious homes on expansive lots
Sales of homes priced at $1,000,000 or more
Includes single family residences and condominiums
Year
Number
of sales
Average
list price
Average
sales price
Highest
sales price
Price per
square foot
Days on
market
2001
0
-
-
-
-
-
2002
2
$1,750,000
$1,550,000
$2,100,000
$272.13
400
2003
3
$1,398,333
$1,316,666
$1,650,000
$296.00
145
2004
3
$1,556,666
$1,515,000
$1,800,000
$282.94
562
Source: Chart created by Windermere using Northwest Multiple Listing Service data, but information was not verified or published by NWMLS. Average days on market
figures were calculated by utilizing all the listing information pertaining to an individual sale as reported by the MLS in property history.