Western Avenue Condo For Sale: $314,000

This lovely condo on Western Avenue, located at The Vine is located is close proximity to the Pike Place Market,  the Olympic Sculpture Park, and other shops and restaurants downtown. Built in 2002, the building was structured to include modern amenities in all units, including granite counter tops, stainless steel appliances, and a gas stove and fireplace; not to mention the 150 sf deck overlooking the Sound, and out to West Seattle!

This 1 bed 1 bath unit has beautiful huge windows over looking the city and Sound, and a great little build out in the kitchen separating the space from the living room. The building amenities include a 24 hr concierge, garage parking,  a fitness room, and ample storage space. For more information on unit or others in the Seattle area contact Ewing & Clark Inc.

Status: For Sale
Bed/Bath: 1,1
Price: $314,000

Bosa Starting Construction Soon On 2 Condo Towers

photo courtesy of the Daily Journal of Commerce

Bosa Development Corp is planning on beginning the first construction phase of a gigantic condo project within the next two weeks. There will be two 41-story, 335 unit condo towers in the Denny Triangle Regade, just a block or so away from where Amazon plans to build three office towers. According to the Daily Journal of Commerce Bosa’s president Natale Bosa said “construction will be done in two phases on a  full block site between Battery and Bell streets and Fifth and Sixths avenues.”

The construction plans include 36,000 sf of retail space below the two towers, a swimming pool, lounge area and exercise room, and 900 parking stalls. The project will cost roughly $350-$400 million, and the first tower is scheduled to open at the end of 2014. If the market turns around, and the first tower fills, the second tower will begin. The is the first condo development to be built downtown in five years! For more information, visit the Seattle Times.

Downtown Seattle Condos Starting to Fill Up

Downtown Seattle Penthouse Condo Available

The past two years have not been promising for the Seattle Condo Market, and condo developers are finally starting to see a turn around in the Downtown area. According to the Seattle Times, roughly two dozen new projects were at work between 2007-2010 during big the real-estate crash. Many of those who bought the pre-sale backed out and several developers ended up converting their buildings to rental units to cater to the economy. Those who stuck it out had to slash prices, and in many cases had to lower the costs by up to 40 percent.

Today the market is starting to look more appealing and beginning to have the first signs that it will bounce back. A few good indicators include Escala raising  some of their prices; one of the largest downtown projects to date, Escala did so quietly, with the majority of their condo units selling for 99% of the asking price, they’ve begun upping the anty as their inventory gets smaller. Also of the 2,500 condo projects that have been built in downtown and surrounding areas, fewer than 250 units is left unsold. There are currently no new projects in place; most developers and lenders have put condos on hold to allow the market to recuperate. If you’re interested in learning more about finding a condo in the Seattle area, here is a list of available units.

For Rent: Luxury Belltown Condo With Sweeping Views

Are you looking for a luxury rental in the heart of downtown Seattle?  Perhaps you’d like to live on the Seattle waterfront at Pike Place market?  If so, we have the perfect rental for you.  This two bedroom, one and a half bathroom condo is located in the legendary Pike and Virginia Building offering breathtaking views of Elliot Bay, Mt. Rainier, the Olympic Mountains and downtown Seattle waterfront from the floor to ceiling windows.  The unit features a gorgeous marble bathroom, a French country kitchen and a spiral staircase leading to the loft-style bedroom.  Residents will enjoy superb restaurants, shopping, entertainment and everything downtown Seattle has to offer, all just a short walk away.  This unit is available for rent for $6,700/mo.  Please contact the Ewing & Clark Madison Park office for more information.  To search for more Seattle luxury rentals, please visit our online property search. 

Status: For Rent
Beds/Bath: 2/1.5
List Price: $6,700