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.)

Monday, April 1, 2013

Ellison (Value Village) from Stroum-Glazer

Sold 2012 $21.6 Million “Harmony” - Under Renovation

This landmark compound, “Harmony,” sold in 2012 for $21.6 million. This was the most expensive LW Map of the Stars® waterfront sale in 2012. It was listed at $26.9 million by Tere and David Foster, Windermere. From the listing: “Resting gently on 2.93 acres, Harmony commands an extraordinary 324 feet of Lake Washington waterfront and sets its vista on the Seattle skyline and Mount Rainier . . . Waves roll gently up on the beach as the sun shines down on two private docks. . . [nearly 20,000 square feet in 4 buildings]. . living wing plays host to the grotto, saline pool and exercise areas. Upstairs two guest suites each with their own bath and walk-in closets . . . private outdoor spa . . . A world like no other.” The listing was featured in a 3/20/11 Seattle Mansions Blog. The seller was Marsha Stroum Sloan Glazer. The buyer was Thomas Ellison, the principal owner of the Value-Village/Savers chain of stores.
This is considered, second to Paul Allen’s campus, the premier property on Mercer Island. The flat (“low bank" in Realtor terms) large combined parcel faces west on the “50 yard line” for Seafair. It is less than one mile from the I-90 West Mercer exit/entrance which puts the residents five minutes from downtown Seattle.
Permits were issued in February to demolish three homes (total 8,260 sq ft) on the compound. The main 11,300 sq ft mansion will remain. Plans for the replacement buildings have not been submitted.
Marsha and her family are respected Seattle area philanthropists. The Stroum name is on many prominent arts, medical, education and community buildings and halls in the Seattle area. Benaroya Hall, University of Washington, Fred Hutchison Cancer Research Center and the Stroum Jewish Community Center of Greater Seattle on Mercer Island are most notable. Marsha hosted many charity galas in her (this) former MI estate.
Ellison’s father, Bill Ellison, was the founder of Bellevue-based Savers, Inc. The company is an international chain of thrift stores and operates under the name of Value Village in the PNW. Thomas Ellison’s sister, Debbie, and her husband, John E. Bacon, purchased the legendary Groat Point mansion from Bruce McCaw in 2011 and demolished all the buildings including the 14,000 sq ft main mansion (2/21/13 Seattle Mansions Blog). Thomas Ellison and the Bacons own a mansion about a seventh of a mile to the northeast of Groat Point in Meydenbauer Bay that is for sale for $8.9 million (5/20/11 LW Cruising Blog).

2 comments:

  1. Isn't Value Village a non-profit?

    ReplyDelete
    Replies
    1. No, it is a for profit entity that primarily sells used clothing and goods purchased from not for profit organizations.

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