Most Expensive Active Seattle Luxury Rentals

Although we usually profile and feature “run of the mill” luxury rentals, today I’d like to feature some of the most expensive active rentals on the market in Seattle and environs. We’re talking like… top 10. Yeah, the big kahunas. Not that the other’s aren’t enviable to say in the least!

10. $8,500

Located in Belltown, this property boasts not only views of downtown, but also Puget Sound and the Space Needle. With a gourmet kitchen, floor to ceiling windows, touch screen sound system, garage parking and two storage units. Listed by Joseph Kelly of Soleil Real Estate of Seattle.

9. $8,500

This contemporary Lake Union home boasts a 270 degree view of the water, heated floors, top of the line kitchen appliances and marble bath. This 1,000 square foot house was built in 2011 and has been on the market for 139 days and is listed by Scott Wasner of Sotheby’s.

8. $9,800

Want a penthouse? Who am I kidding, of course you do. And nowone is up for grabs! For rent at least. This 26th floor, 3,081 square foot residence boats three bedrooms and enormous 290 degrees of skyline, mountains, and water. Oak floors, maple cabinetry, gas fireplace, and a chefs kitchen. On the market for 44 days, this property is listed by Julia Tsurusaki with Pointe3 Real Estate.

7. $10,000

Out next most expensive property calls Mercer Island home. Originally listed at $12,000, this 3,880 square foot gorgeous waterfront home features a newly remodeled kitchen with an ensuite deck and jacuzzi tub (uh, that’s awesome). 85′ of waterfront with moorage and dock, two jets lifts and a boat lift. Nicely settled near some parks, what could get better? Not much, that’s what. Listed by Anthony Yap of TAG Realty.

6. $10,000

Tied at $10,000, this Laurelhurst home has only been on the market for a month. Fully furnished with views of Lake Washington, this 4,660 square foot contemporary northwest home comes with Laurelhurt Beach Club access. Offering five bedrooms and four bathrooms, it’s listed by Timothy Lenihan of Windermere Real Estate.

5. $11,000

Now, this one has me drooling. This unit is within the Four Seasons Private Residences Seattle. Two bedrooms and a den, valet parking, 24 hour security and concierge, mile high views, this 2,082 square foot overlooks the Great Wheel through floor to ceiling windows. With a gas fireplace and an ultra modern kitchen, it’s enough to make anyone go gaga. Listed by Scott Wasner of Sotheby’s.

4. $11,000

Another beauty at $11,000, the stunningly designed Arthur Erickson Highlands home is a looker. Having seen this sumptuous property myself, the views and grounds as well as the guest house, I can say will all certainty that it. is. worth. it. Listed by our own Betsy Terry of Our Distinctive Home Shop in Madison Park, this 7,470 square foot masterpiece is constructed  from polished concrete, with a glass ceiling. Mountain and sound views, and a Pemberley-esque (We got any Jane Austen fans out there? No? Just me? Okay) park off the swimming pool.

3. $12,500

Located in Hunts Point and built in 1995, this home is nestled on prime waterfront with lake, city, and mountain views. Designed by Curtis Gelotte, the house is nestled between manicured landscaping and old growth trees. With moorage and a dock, this 3,710 square foot home is full of natural wood and stone details, evoking the architectural style of the pacific northwest. Listed by Anna Riley of Windermere Real Estate.

2. $18,000

Another jewel of Hunts Point, this residence boasts a stunning Chihuly glass chandelier hanging from a sky-lit ceiling. This 3,000 square foot west-facing residence features rustic timers, posts, and beams embodies pacific northwest architecture and art. Listed by Tere Foster and Moya Skillman of Windermere Real Estate.

1. $20,000

Topping our list is a mansion in Clyde Hill. At 6,000 this european designed six bedroom, eight bathroom masterpiece was custom built in 2007. With a gated entrance and a large pool in the backyard, a large up to date kitchen, and an indoor jacuzzi. Listed by Robert Radulescu with The Force Realty.

Well folks, which one is your favorite??

Walkability Score- What is it and why does it matter?

Pioneer Square Pergola

Pioneer Square Pergola

Walkability- it’s a word that some of you may be familiar with already, and one that real estate marketing often uses. But what exactly does it mean?

Used by, it’s intended definition is to indicate how easily and readily connected a property is to the neighborhood and community around it. For instance, is the nearest grocery store within easy walking distance? Or would it be necessary to drive there?

The higher a property’s Walk Score (or Transit Score or Bike Score) on a scale of 1-100, the more connected the neighborhood is with the property. Take this chart example. But what makes a community walkable?

  • A center: Walkable neighborhoods have a center, whether it’s a main street or a public space.
  • People: Enough people for businesses to flourish and for public transit to run frequently.
  • Mixed income, mixed use: Affordable housing located near businesses.
  • Parks and public space: Plenty of public places to gather and play.
  • Pedestrian design: Buildings are close to the street, parking lots are relegated to the back.
  • Schools and workplaces: Close enough that most residents can walk from their homes.
  • Complete streets: Streets designed for bicyclists, pedestrians, and transit.

Now, why is this score important? It’s generally known that those who walk more, whether it’s just a few steps or hundreds of steps a day are generally healthier than those who don’t. By walking more, not only do you get outside, but you also use your car less, and thereby reduce your carbon footprint. If you were able to find a property in a highly walkable area, you might be able to forgo the car altogether!

And here’s some great news: Seattle is rated as one of the most walkable cities in the U.S.! With a Walk Score of 71, a Transit Score of 57, and a Bike Score of 64, Seattle is the 8th most walkable city, with it’s most walkable neighborhoods being Downtown, the Denny Triangle, and Pioneer Square.

How important is the walkability of the neighborhood to you when looking for a new property?

Arguments Over Mandating Section 8 Housing

Schack1_bigThere is a new apartment project being planned on Capitol Hill, on the corner of 14th Ave E & E Republican Street, that is said to be for renters looking for a boutique building to live in, with retail and a great walkable score. According to the Daily Journal of Commerce, new developers John Schack and Dugan Earl have formed a development and consulting  company in the Seattle area called Revolve, and will begin construction on their first project this summer. Finding the perfect site for the proposed 35 unit, 4-story apartment complex wasn’t easy. The dynamic due apparently spent 6 months analyzing  some 150 sites on Capitol Hill, Fremont, Ballard, Columbia City and West Seattle; all urban areas predicted to continue blossoming with renters.

While they were knee deep in the search, they ran into a road block, and a big one at that. According to Schack, “once a property is listed, it’s blood in the water for piranhas.” They found themselves coming in second, and being beat to the punch when expressing interest in any given project, so they found an alternative option. They approached sites that were of interest to them that were off-market, and purchased a 10,183-square-foot Capitol Hill site in November 2011 that is soon to be the home of their first project. The building will have 33 one-bedroom units, 2 studios, 19 stalls for below ground parking, a courtyard for entertainment, and a roof top deck. For more news to come on when the project will be leasing units, visit Revolve’s news blog.

Looking Into Being a Landlord? Pick a College Town!

Have you been looking into the perks of being a landlord? Purchasing properties in college towns will typically convert into a rentable unit, no matter how the economy is doing in any particular area. College towns generally provide a steady flow of jobs for locals and school enrollments are on the rise with the unemployed going back to school to seek new job skills.

Along with the increased demand for available units, according to CNN Money, the cost of rent has continued to rise by 5% over the past 12 months, and we can expect the cost to continually increase. For buyers in the college town market, there are plenty of bargain deals out there and the closer to the campus, the better. According to Coldwell Banker’s College Home Listing Report for 2011, the typical 3 bed 2 bath home sold for less than $200,000 in nearly two-thirds of the college markets in the US, and in 1/4 of the towns, the same size home sold for under $150,000. For more information on this article visit CNN Money.

Two Downtown Seattle Rentals- AVAILABLE

Ewing & Clark has two one bedroom rentals currently available at the Newmark Tower. One of the rentals is a completely remodeled  condo unit of the 23rd floor, south facing with beautiful view of Downtown Seattle and partial view of Puget Sound. Floor to ceiling windows to allow natural light all day long. Enjoy the view from the Juliet deck or from either the living room or bedroom. Parking and storage included with rent. The second unit is a 1 bedroom + den on the 7th floor. Building amenities include: 24 hour concierge and security, indoor pool, business center, fitness center, hot tub, sauna, and common deck. One block away from the Pike Place Market. To learn more information about these properties, please contact Ridge Marshall.

New Scam in the Seattle Apartment Market

According to the Seattle Times, there’s a new scam in the housing market. Online scammers advertise listed homes and foreclosed properties as for rent on popular rental websites such as Craigslist, with potential renters sending a deposit before receiving the keys. Be wary if the deal looks to be good to be true and/or the “property manager” asks you to wire funds through Western Union or Moneygram without letting you see the rental unit. For more details and tips, please read the article here.

Stylish Loft in Pioneer Square – AVAILABLE

True loft in beautifully restored warehouse building located in Pioneer Square. This one of a kind Pioneer Square loft features soaring 11ft ceilings, wood plank floors, pivot windows, exposed brick and wide open spaces. Chef’s kitchen with granite counters, stainless steel appliances, gas range, and large island. Zoned Live/Work for residential or business use. A rare opportunity to live in a loft in historical Pioneer Square. Secure underground parking included. 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 1/1.75
List Price: $2,850/mo

Elegant Broadmoor Home- AVAILABLE

 This Superb shingled Colonial on beautifully landscaped lot & a half in Broadmoor is available for rent. Perfect floor plan for both formal and informal lifestyles. This Broadmoor home features a top of the line kitchen with pretty adjoining family room. This home has a den, kitchen, living and dining room, which all wrap around the outdoor stone terrace w/ BBQ center. The 3 fireplaces in the home will surely keep the home warm this winter. Lastly, the home features a private master suite, fine millwork and nanny’s quarters. There a play structure perfect for children in the backyard. Truly one of the best houses you will find in this neighborhood for rent! Shops and restaurants close by in Madison Park. 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 6/5.75
List Price: $6,400/mo

Capitol Hill Home – RENTED

This beautiful Capitol Hill Home that I previously blogged about has been rented.  To learn more details about this property please click on my last blog regarding this Capitol Hill home. This 4 bedroom and 3.75 bath custom built home was last listed at $6,000/month.

Capitol Hill Home – RENTED

This beautiful Capitol Hill Home that I previously blogged about has been rented.  To learn more details about this property please click on my last blog regarding this Capitol Hill home. This 4 bedroom and 3.75 bath custom built home was last listed at $6,000/month.