THE BLOCK-Rental Available

THE BLOCK is a concrete & steel mixed-use project; perched high above Lake Union in lower Queen Anne with mesmerizing views of the Cityscape, Capitol Hill, and Lake Union. Concrete, wood panels, metal siding and a braced frame make up the exterior of this luxury rental. The interior of this luxury Queen Anne rental feature double height living space, exposed steel columns & wood beams, stainless steel kitchen, bamboo floors, exposed venting and plumbing, and floor to ceiling commercial windows. Attached 2 car garage and private 700sf roof deck. Please follow the link to search for other Seattle luxury rentals

Status: For Rent
Bed/Bath 3/3.5
List Price: $3,850/mo

Queen Anne Rental- AVAILABLE

This magnificent Queen Anne home for rent has a view of the city, the sound, and mountains. This luxury home features a large living room and a large deck, which allows you to admire the sweeping view of Seattle. The property has been remodeled and includes a gourmet kitchen, formal dining room, large master, 4 bedrooms and 3.5 baths. Lower level has generous family room and an additional bedroom.  Please follow the links to find full listing details and photos of the home or search other Seattle luxury rentals.

Status: For Rent
Bed/Bath 4/3.5
List Price: $5,500/mo

Beautiful Broadmoor Rental- AVAILABLE

Beautiful and stately Stoddard designed home on double fairway lot in Broadmoor. Gracious sun-filled rooms with pretty territorial views. This luxury rental features fine millwork and detailing including impressive fireplace, crown molding, doors and oak staircase. Paneled library, leaded glass windows, huge sunroom with fairway and swimming pool views. Lower level rec room is an ideal getaway! Fun living indoors and out in this excellent floor plan. Please follow the links to find full listing details and photos of the home or search other Seattle luxury rentals.

Status: For Rent
Bed/Bath 5/3.5
List Price: $5,495/mo

Four Seasons Glass Panels Fall

After several incidents of falling glass panes, a general contractor for the Four Seasons Hotel and Private Residences building in downtown Seattle is removing the remaining pieces of glass that line the residence balconies. On Sunday, the piece fell onto a glass awning over the sidewalk. The awning cracked but didn’t break, and no one was harmed. There are 300 glass panels in the building that will be removed. In the meantime, the building’s owners will work on a new railing concept for the residence balconies. For more information, see the full Seattle Times article.

To Buy or To Rent…That is the Question

Seattle RentalTo buy versus rent always has been a question generally best answered on an individual’s situation.  It used to be that renting had a stigma attached to it but that is no longer the case.  A recent article looked at the numbers and determined that it is better to buy than to rent in many of the U.S. cities, but Seattle is not one of them.  The article pointed out that it is still “better” to rent in Seattle versus owning.  According to the article, both San Francisco and Seattle are 24 times the annual rent to purchase a home.  So if it costs $1,500/month times 12 months equals $18,000 annual rent.  Thus $18,000 annual rent times 24 equals a purchase price of $432,000.

Seattle Apartment Projects

Seattle Apartment FutureThe Seattle rental market is hot and builders are racing to find buildable land.  But as they look, other projects are already planned or started.  115 unit apartment building is planned on Capitol Hill and 118 unit apartment building on First Hill as already began by the developer, Gerding Edlen, who built and then lost the Bellevue Towers.  In the Lake Union area, two sites are being permitted by Seattle architecture firm Collins Woerman for 160 units on the Queen Anne side and 50 units on the Capitol Hill side of Lake Union.  What makes these Seattle apartment building unique is they are being permitted for a new prefab system.

Seattle Apartment Projects

Seattle Apartment FutureThe Seattle rental market is hot and builders are racing to find buildable land.  But as they look, other projects are already planned or started.  115 unit apartment building is planned on Capitol Hill and 118 unit apartment building on First Hill as already began by the developer, Gerding Edlen, who built and then lost the Bellevue Towers.  In the Lake Union area, two sites are being permitted by Seattle architecture firm Collins Woerman for 160 units on the Queen Anne side and 50 units on the Capitol Hill side of Lake Union.  What makes these Seattle apartment building unique is they are being permitted for a new prefab system.

Invest in Seattle Rental Propery?

The rental market in Seattle has been hot for some time.  Investors are snatching up buildable lots in Seattle and rentals are hard for tenants to find.  I came across this article regarding whether one should purchase rental property.  I found the preamble interesting:

There is, however, one bright spot: the rental market, where demand is up and rents are rising. That’s partly because those foreclosures have turned more than 4 million former homeowners into renters, but also because many other prospective homeowners, worried about losing their jobs or housing prices falling a lot further still, are reluctant to buy now.

But the body of the article was also interesting in deciding whether to invest in residential rental real estate.  If you are interested in buying a Seattle rental property contact a real estate agent.  Ewing & Clark, which I linked, not only represent buyers and sellers but also manages properties.

Invest in Seattle Rental Propery?

The rental market in Seattle has been hot for some time.  Investors are snatching up buildable lots in Seattle and rentals are hard for tenants to find.  I came across this article regarding whether one should purchase rental property.  I found the preamble interesting:

There is, however, one bright spot: the rental market, where demand is up and rents are rising. That’s partly because those foreclosures have turned more than 4 million former homeowners into renters, but also because many other prospective homeowners, worried about losing their jobs or housing prices falling a lot further still, are reluctant to buy now.

But the body of the article was also interesting in deciding whether to invest in residential rental real estate.  If you are interested in buying a Seattle rental property contact a real estate agent.  Ewing & Clark, which I linked, not only represent buyers and sellers but also manages properties.