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

Zillow Reports Rentals Continue to Outshine Housing Market

According to Zillow’s Real Estate Market Report in February, the median price in rent had risen 2% since February 2011, and home values had continued to fall, dropping 4.5% during the same time period. Zillow’s Rent Index illustrated that the year over year gains for an estimated 68% of metropolitan markets measured by the ZRI, and only 8% of metro areas covered by the Zillow Home Value Indexsaw home values rise.

Seattle Rental In Leschi Neighborhood

Today’s rental market is continuing to heat up, with an emphasis on areas where home values have consistently been declining. Foreclosures have been at the forefront in keeping home values down, with foreclosure re-sales making up an  estimated 20.3% of all sales in the month of February. Zillow experts have said that we’ve made it through the worst of the housing market recession, but with the enormous inventory of foreclosures and unemployment are all still factors to overcome on the rise to recovery. For more information on rental listings in the Seattle area, visit Ewing & Clark and Craigslist.

Up and Coming Neighborhood for Renters & Buyers: Atlantic

The Atlantic neighborhood in Seattle, nestled in between Beacon Hill and Mt Baker is gaining popularity with younger home buyers and renters in recent months due to it’s convenient location, and up and coming amenities.

Not even five years ago, we remember when this neighborhood was experiencing mass redevelopment and construction of the 2nd I-90 bridge, leaving the Atlantic area is rubble, covered in a film of dirt. Left in the midst was abandoned housing, sky high dirt mounds and 23rd Ave S was closed to traffic. Today the neighborhood is home to trendy bars and restaurants like Dallas BBQ Soul Food & Catering and Farestart Cafe, has a light rail stop, is in close proximity to downtown and the Eastside, and has several trails for bikers and runners; even has it’s own dog park! The neighborhood started looking promising to buyers and renters a decade ago and today affordable pricing plays a huge role in the deciding factor.  According to the Seattle Times, in February this year the median value of all single family homes was estimated at $284,200, down 2.2% from the previous year. The median cost of rent in the neighborhood for a single family home was estimated at $1,674/mo, while apartments were estimated at $1,521/mo; up from the previous year, but significantly less than other areas around the city. If you’d like more information on for sale listings around the area visit Ewing & Clark, and find rentals around the neighborhood here.

Denny Blaine Rental – Available for $18,000 per Month

Seattle Waterfront

There may be no better place to live in Seattle than in a Denny Blaine waterfront home.  This beautiful home sits on a little less than a half-acre lot surrounded by Lake Washington with views including Mt Rainier to Mt Baker.  The waterfront estate includes 5 bedrooms and 6 full bathrooms and the grounds feature a private dock, a boathouse, tennis court, and hot tub.  The list price for this luxury Seattle rental was just reduced from $20,000/month to $18,000/month.  Contact the Madison Park Ewing & Clark for more details.

Status: For Rent
Bed/Bath: 5/6
List Price: $18,000/mo