2016 YEAR END waterfront activity report THEWATERFRONTREPORT.COM. mercer island, seattle and the greater eastside
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1 2016 YEAR END waterfront activity report mercer island, seattle and the greater eastside THEWATERFRONTREPORT.COM windermeremercerisland.com
2 2016 SEATTLE waterfront report NUMBER OF HOMES SOLD AVERAGE SALE PRICE $2.8 $2.3 $1.7 $1.8 COST PER ACRE $7.7 $7.1 $6.1 $6.7 PRIVATE WATERFRONT SALES ABOVE $2 MILLION Year Square Address Community Built Feet Lot Acres Sale Price Per Acre Per Front Ft (T) Riviera Pl NE Cedar Park , $2.3 $18.4 $40, Alki Ave SW Alki , $2.3 $16.0 $54, Beach Dr NE Sheridan Beach , $2.5 $4.3 $29, Alki Ave SW Alki , $2.5 $13.1 $73, Perkins Ln W Magnolia , $3.0 $6.4 $18, L NE Windermere Rd Windermere , $3.3 $6.8 $55, Lake Shore Dr S Seward Park , $3.3 $5.1 $33, rd Ave NE Laurelhurst , $3.4 $7.0 $90, Webster Pt Rd NE Laurelhurst , $3.5 $9.6 $40, Lakeside Ave S Leschi , $3.9 $18.2 $64, Lake Shore Dr S Seward Park , $4.6 $5.4 $45, th Ave E Washington Park , $5.0 $25.6 $83, Lakeside Ave S Leschi , $5.4 $17.7 $90, NE Laurelcrest Ln Laurelhurst , $5.8 $11.7 $64, NE Windermere Rd Windermere , $6.5 $5.5 $72, NE Laurelcrest Ln Laurelhurst , $9.8 $8.2 $54,167 COST PER FRONT FOOT (T) $31 $31 $38 $36 DAYS ON MARKET seattle snapshot Average Sale Price $2.8 Highest Sale $9.8 Lowest Sale $1.0 Average Home Size (sq ft) 4,086 Average Lot Size (acres) 0.39 Average Front Feet 66
3 2016 MERCER ISLAND waterfront report PRIVATE WATERFRONT SALES ABOVE $2 MILLION Year Square Address Location Built Feet Lot Acres Sale Price Per Acre 6226 E Mercer Wy Eastside , $2.3 $8.2 $28, SE 72nd St Eastside , $2.4 $6.7 $43, Forest Ave SE Westside , $2.6 $5.2 $51, W Mercer Wy Westside , $2.8 $4.3 $28, W Mercer Wy South End , $2.8 $5.5 $35, Butterworth Rd Eastside , $2.9 $12.0 $35, E Mercer Wy South End , $3.0 $13.2 $48, E Mercer Wy North End , $3.0 $9.9 $75, E Mercer Wy Eastside , $3.1 $7.5 $39, SE 71st St Westside , $3.4 $9.6 $37, E Mercer Wy South End , $3.5 $5.4 $34, E Mercer Wy Eastside , $3.5 $8.4 $28, E Mercer Wy Eastside , $3.5 $6.5 $35, W Mercer Wy Westside , $3.6 $5.8 $36, th Ave SE Westside , $3.9 $6.9 $38, Meadow Ln South End , $3.9 $11.3 $42, Avalon Pl South End , $3.9 $11.9 $62, Avalon Dr South End , $4.1 $10.4 $67, Holly Hill Dr Westside , $4.9 $5.2 $56, Roanoke Wy North End , $5.0 $12.6 $48, E Mercer Wy South End , $5.8 $11.5 $34, W Mercer Wy Westside , $7.5 $9.7 $36, N Mercer Wy North End , $8.2 $18.6 $125, W Mercer Wy Westside , $9.8 $8.6 $39,008 NUMBER OF HOMES SOLD Per Front Ft (T) AVERAGE SALE PRICE $3.0 $3.9 $3.9 $4.1 COST PER ACRE $6.3 $7.6 $9.2 $7.1 COST PER FRONT FOOT (T) $35 $42 $56 $36 mercer island snapshot Average Sale Price $4.1 Highest Sale $9.8 Lowest Sale $2.3 Average Home Size (sq ft) 4,648 Average Lot Size (acres) 0.49 Average Front Feet 97 DAYS ON MARKET
4 2016 EASTSIDE waterfront report NUMBER OF HOMES SOLD AVERAGE SALE PRICE $3.6 $3.8 $3.6 $2.6 COST PER ACRE $7.4 $7.7 $6.8 $6.3 COST PER FRONT FOOT (T) $44 $40 $41 $38 DAYS ON MARKET PRIVATE WATERFRONT SALES ABOVE $3 MILLION Year Square Address Community Built Feet Lot Acres Sale Price Per Acre Per Front Ft (T) th Ave NE Yarrow Point , $3.0 $8.3 $34, Hunts Pt Cir Hunts Point , $3.0 $9.3 $37, Lk Ave W West Of Market , $3.0 $4.9 $50, th St W West Of Market , $3.3 $3.7 $53, Shoreland Dr SE Meydenbauer , $3.4 $14.0 $55, NE Juanita Dr Juanita , $3.4 $7.6 $61, SE Shoreland Dr Meydenbauer , $3.4 $17.0 $42, OverLk Dr E Medina , $3.5 $10.9 $46, Crescent Key Newport Shores , $3.5 $9.3 $31, SE Shoreland Dr Meydenbauer , $3.6 $10.0 $47, th Ave NE Yarrow Point , $3.6 $6.4 $38, Lk Ave W West Of Market , $3.7 $5.3 $46, Hunts Pt Cir Hunts Point , $3.8 $11.7 $46, Champagne Pt NE Holmes Point , $3.9 $15.3 $64, Lk Wash Blvd NE South Kirkland , $4.0 $4.4 $79, Hunts Pt Ln Hunts Point , $4.0 $5.5 $35, SE 16th St West Bellevue , $4.1 $11.5 $72, Cascade Key Newport Shores , $4.3 $3.5 $37, Evergreen Pt Rd Evergreen Point , $4.3 $4.2 $29, th Ave SE Enatai , $4.4 $10.0 $58, NE 34th St Yarrow Point , $4.5 $12.1 $56, SE 30th St West Bellevue , $4.7 $6.8 $39, th Ave SE Meydenbauer , $4.8 $7.0 $47, th Ave W West Of Market , $5.0 $8.5 $86, th Place NE Juanita , $5.4 $17.3 $76, Cascade Key Newport Shores , $5.5 $4.4 $50, Evergreen Pt Rd Medina , $5.7 $9.6 $47, Killarney Wy Enatai , $5.8 $10.1 $76, Evergreen Pt Rd Medina , $5.9 $3.8 $50, st Ave NE Yarrow Point , $5.9 $13.4 $117, Pleasure Pt Ln SE South Bellevue , $6.1 $6.4 $23, th Place NE Medina , $6.7 $11.7 $112, Hunts Pt Rd Hunts Point , $7.0 $9.4 $116, Hunts Pt Rd Hunts Point , $8.0 $7.2 $102,821
5 2016 LAKE SAMMAMISH waterfront report PRIVATE WATERFRONT SALES ABOVE $2 MILLION Year Square Address Built Feet Lot Acres Sale Price Per Acre 1082 W Lk Sammamish Pkwy NE , $2.0 $5.5 $27, th Ave SE , $2.0 $5.6 $58, W Lk Sammamish Pkwy NE , $2.2 $3.6 $28, E Lk Sammamish Shore Ln SE , $2.3 $20.6 $50, E Lk Sammamish Shore Ln SE , $2.3 $20.6 $50, W Lk Sammamish Pkwy NE , $2.3 $3.2 $23, W Lk Sammamish Pkwy NE , $2.4 $2.6 $21, W Lk Sammamish Pkwy SE , $2.5 $10.0 $27, E Lk Sammamish Shore Ln SE , $2.5 $13.2 $23, E Lk Sammamish Pkwy NE , $2.7 $15.4 $54, E Lk Sammamish Pkwy NE , $2.8 $26.4 $42, W Lk Sammamish Pkwy SE , $2.8 $3.2 $30, E Lk Sammamish Pkwy NE , $3.0 $14.9 $30, E Lk Sammamish Pkwy NE , $3.3 $11.9 $39, SE 42nd St , $3.3 $13.3 $50, E Lk Sammamish Pkwy NE , $3.7 $18.4 $35, W Lk Sammamish Pkwy NE , $3.8 $3.6 $23, th Ave SE , $3.8 $10.9 $42, W Lk Sammamish Pkwy NE , $4.0 $5.2 $37, E Lk Sammamish Shore Ln SE , $4.8 $4.4 $45, W Lk Sammamish Pkwy , $5.7 $9.0 $89,683 NUMBER OF HOMES SOLD Per Front Ft (T) AVERAGE SALE PRICE $1.8 $2.1 $2.1 $2.7 COST PER ACRE $5.7 $6.4 $7.7 $7.0 COST PER FRONT FOOT (T) $24 $28 $30 $31 lake sammamish snapshot Average Sale Price $2.7 Highest Sale $5.7 Lowest Sale $1.5 Average Home Size (sq ft) 4,163 Average Lot Size (acres) 0.41 Average Front Feet 76 DAYS ON MARKET
6 LOCAL WATERFRONT communities SEATTLE Notable waterfront communities along Lake Washington include Matthew s Beach, Sand Point, Windermere, Laurelhurst, Mount Baker and Leschi. On Puget Sound, private waterfront homes are located just north of Discovery Park along the inlet to the locks, in Magnolia along Perkins Lane, and in West Seattle along Alki and Fauntleroy. MERCER ISLAND THE EASTSIDE Mercer Island s private waterfront homes are situated along the shores of Lake Washington around the perimeter of the Island. While it s an island, Mercer Island is connected to Seattle and Bellevue via Interstate 90 making it an ideal location to commute to either metro locale. The sunny west side of the Island benefits from afternoon sun, Seattle views, and spectacular sunsets. The rugged eastside is more forested in true NW style with brilliant sunrises and afternoon shade. The Eastside s private waterfront is sited along Lake Washington from just north of St. Edwards State Park to Newcastle Beach Park; encompassing the cities of Kenmore, Kirkland, Bellevue, Medina, Newcastle and Renton. This region includes many desirable points, bays and vistas especially those centrally located in the Yarrow Point, Hunts Point and Medina neighborhoods. Most Eastside waterfront homes enjoy exceptional sunsets from their vantage point along the eastern shoreline. Many homes feature Seattle or even Bellevuecity skyline views and are low or no-bank waterfront providing level beach access and spacious docks. A bluff and the Burlington railroad track runs from Richmond Beach past waterfront landmarks such as Carkeek Park, Golden Gardens, Shilshole Bay, and the Ballard Locks separating many prominent water view communities from the waterfront. LAKE SAMMAMISH Lake Sammamish is the sixth largest lake in the state of Washington, located 8 miles east of Seattle and just north of the I-90 corridor. The lake is an outstanding freshwater community with a 24-mile circumference and an abundance of local recreational activities. It is bordered by two large and active regional parks Marymoor Park to the north and Lake Sammamish State Park to the south. The sunny east side of the lake benefits from afternoon sun and stunning sunsets. The shady west side boasts morning sun and is more likely to offer forested protection from the elements. Lake Sammamish enjoys convenient access to Bellevue, Seattle and the Microsoft campus.
7 An extraordinary level of quality and service. wbywindermere.com
8 WAIT THERE S MORE! HOMES & STATS ONLINE While having a historical perspective like this annual review is valuable, you may be looking for real-time information on today s real estate market. If so, your search is over! We publish weekly reports to TheMarketTalks.com providing a summary analysis of what s happening in 16 different micro-markets, including Mercer Island. Interested in what s happening with waterfront properties? We are too! That s why we analyze waterfront sales each month and post results at TheWaterfrontReport.com. Easily compare neighborhoods on LiveOnGuides.com with local info including maps, links and school data. You can search for every property listed for sale by any real estate company on WindermereMercerIsland.com Windermere Real Estate/Mercer Island Data prepared and analyzed by Windermere Real Estate/Mercer Island from NWMLS provided data. For questions or comments, Julie Barrows at julie@windermere.com. JA JAY AGOADO jay@jayagoado.net
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