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.)

Wednesday, February 15, 2012

Newport Shores – Venice of Lake Washington

Newport Shores is a Bellevue neighborhood built in the 1960s and consists of man-made peninsulas and canals. The neighborhood has 343 homes on 172 acres. 100 of the homes are on lake or canal waterfront. The 25 homes that are on the lake have larger lots, lake views and have higher average valuations. Three of these homes have been recently listed for sale or sold for more than $4.8 million. These homes were featured in a Lake Washington Cruising blog post.
The protected canals are wonderful for large yachts. Many of the homeowners’ yachts that are moored in front of their houses are more expensive than their homes. Neighborhood block parties are often on the yachts. The Newport Yacht Club is located within the neighborhood and has a clubhouse, swimming pool, tennis courts, other amenities and a 119 boat slip marina. Various forms of membership to the club come with owning a home in Newport Shores.
The main canal has two branch canals. The total length of the canals is slightly less than one mile. The canals are wide and easy to navigate but less than no-wake speeds are mandatory.

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