Semi-monthly news and updates about the homes, people, businesses and communities that are featured in Lake Washington 130 Homes. This covers the Lake Washington waterfront in Seattle’s Madison Park, Denny-Blaine and Madrona neighborhoods, Mercer Island, and The Eastside communities of Bellevue, Medina, Hunts Point and Yarrow Point.
(The above home belongs to Charles Simonyi. See 5/31/11 post.)

Thursday, May 13, 2010

Russo Hunts Point Mansion sells for $11.3 Million

This estate in Hunts Point (page 148 in Lake Washington 130 Homes, sold for $11.3 million in March 2010. This waterfront mansion was built in 2002, replacing a mansion that was purchased in 2001 for $5.8 million and torn down. The home buyer is listed as Joseph Gaffney, a partner with the Dorsey & Whitney LLP law firm. He may be acting as a trustee for an anonymous buyer. The former owners and sellers were Raymond and Linda Russo.  The Russos owned and managed numerous apartment complexes in the Seattle area. Two of their management companies are Quinault Apartment Associates LLC and R.P. Management. Raymond is a former regent at Seattle University and the Russos were co-chairs of the 2003 SU Gala. The estate has 7,460 sq ft of living space on 1.2 acres with 157 feet of waterfront.

March homes sales showed the most $1 million plus sales in the Seattle area since I started research for my book in 2008.

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