These are photographs of Michael R. Mastro’s Medina/Evergreen-Point mansion. It is 7,050 square feet with 176 feet of waterfront. The Mastro’s paid $15 million for the mansion in July 2006. I took these photographs and they are from my book, Lake Washington 130 Homes, http://www.hundredhomes.net/.
The Seattle Times and Puget Sound Business Journal have reported Michael Mastro, age 84, declared bankruptcy this summer. His investors included many “family and friends” who begged to let them invest in his commercial real estate projects. His projects, up until 2008, had substantially higher than average returns for more than 20 years. The publications also reported Mastro, regarding allegations that he tried to put this mansion, Rolls-Royce and jewelry out of reach of creditors, stated, “These allegations are misleading, incomplete and inflammatory.”
The Seattle Times and Puget Sound Business Journal have reported Michael Mastro, age 84, declared bankruptcy this summer. His investors included many “family and friends” who begged to let them invest in his commercial real estate projects. His projects, up until 2008, had substantially higher than average returns for more than 20 years. The publications also reported Mastro, regarding allegations that he tried to put this mansion, Rolls-Royce and jewelry out of reach of creditors, stated, “These allegations are misleading, incomplete and inflammatory.”
