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, December 30, 2010

Seattle Boat Show


Seattle Boat Show Fri 1/21 – Sun 1/30

This is the biggest boat show on the west coast. (Show hours and location map). The show features more than 1,000 yachts and boats plus the latest accessories and supplies. There are more than 200 interesting boating and fishing seminars.

I will be at the show signing copies of his book, playing on HDTV a new multi-media presentation of the Evening Magazine segment on the book plus cruising and the book’s highlights. Books will be available for purchase and I will be signing them along with an informal Q&A that may include my experiences in photographing the mansions and writing and self publishing this unique book. Please stop by anytime at Captain’s Nautical Supplies booth – Concourse 2236.

Darren Berg Home Sale - $5.9 Million

View of Mercer Island North End

Berg’s Former Home

The Seattle Times and Puget Sound Business Journal reported Darren Berg’s Mercer Island north end waterfront mansion is being sold for $5.9 million by a U.S bankruptcy court. The house is not included in Lake Washington 130 Homes. It is located between the homes on pages 42 and 43 and near the Roanoke Inn.

The purchaser is Robert M. Harris Jr., the founder and CEO of Seattle based Pacific Market International. The company manufactures and sells food and beverage containers.

Berg is accused of running a massive Ponzi scheme. His company, Seattle based Meridian Group, raised over $280 million from investors over the last ten years. The money was reported as being invested in real estate investment funds. Berg is charged with wire fraud, money laundering, and bankruptcy fraud. Meridian filed for bankruptcy and Berg filed for personal bankruptcy in July 2010.

The home has 5,400 sq ft with 112 feet of waterfront. Berg paid $5.5 million in 2007 for the property and spent over $3 million in a two year make-over. The property was listed for $8.2 million in September 2010.

(picture posted 5/20/11)
(Updated 12/30/11, 5/22/11, 1/17/11)

Tuesday, December 28, 2010

Paul Allen House Guide

The following is a guide to Paul Allen’s 9.6 acre multi-mansion estate/campus on Mercer Island. It is on the west side of the Island about 4 miles south of the I-90 Bridge. It is directly across from Seattle’s Seward Park.


A – 4 buildings ~200 ft from water: 10,680 sq ft main building with gym and 2 indoor tennis courts; 5,220, 4,210, and 2,050 sq ft guest houses; and 12+ car garages for an antique and race car museum and guest parking.
B – Mother’s house, ~50 feet from water, 11,300 sq ft plus 7 car garage.
C – Catamaran, Dragonfly, to drag-and-fly helicopters.
D – Main house including attached indoor pool and lakefront building to the north and wood garden/lakefront house to the south, 9,890 sq ft.
E– Concert hall theater and guest facilities, 11,560 sq ft.
F – 1,750 sq ft house with 100 ft waterfront acquired in 2006 for $5.2 million.

The mansion is on pages 64 and 65 in Lake Washington 130 Homes.

Monday, December 20, 2010

Mercer Island Mansion Sells for $6.8 Million

This Faben Point Mansion sold in October for $6.8 million. Last year when my book was published it was listed for $8.8 million. The sellers were William K. and Mary E. Buckley. The buyer was Lars Karlsson Edenkrans, a prominent clothing industry CEO from Sweden.

From the previous Internet listing: “One of a kind. 110′ wft. Killer View West, on MI’s Faben Point with birds eye view of SeaFair. Commute to Seattle or Bellevue in 5 min or downtown MI in seconds. Approx 9000 Sqft of living in main house plus separate guest house. Designed for easy, relaxed living. Main level great room includes dual media perfect for upscale entertaining or Super Bowl parties. Included in sale enjoy the golf cart, 2 Supercharged SeaDoos and 25′ Cobalt . . . Just bring your Yacht! Truly designed for FUN!”

The photograph above (plus additional information on the home) is from page 53 in my book, Lake Washington 130 Homes. This is the house on the right (southern) of the three large mansions just north of the I-90 Bridge that can be seen from the bridge. It is the 3rd home from the left in the top picture in my 12/19/10 post immediately below.

Sunday, December 19, 2010

Mercer Island Waterfront Sales

View of Mercer Island from I-90 Bridge

View of Mercer Island’s south end from the water

“Mercer Island Waterfront Sales Tripling in 2010” is the headline of the blog called Seattle Waterfront Homes by Sam DeBord. He reported the island’s waterfront sales are on pace to triple the number sold in 2009. The Lytle mansion (see my 9/27/10 post below) sale for $12 million was the island’s most expensive  2010 sale. A $4 million sale on the south end of the island was recorded in November and will be the subject of a subsequent post. Mercer Island had 29 waterfront property sales recorded through November 2010 and had only 9 for the same period in 2009.

DeBord reported in his previous postings sales on the Eastside and Seattle waterfronts are also up substantially from 2009. I recommend DeBord's blog for anyone interested in the area’s waterfront sales activity.

Wednesday, November 17, 2010

Microsoft’s Ballmer’s Mansion

Steve Ballmer’s Hunts Point Estate

The Seattle Times reported that many stockholders at Microsoft’s 11/16/10 annual meeting “grumbled about Microsoft’s languishing stock price.” Click here CEO Steve Ballmer conducted most of the meeting and discussed Wall Street’s disconnect to the stock price, optimizing every day, new products, and Goldman Sachs’ suggestion to break up the company.
The Seattle Times also reported, in an 11/5/10 article, Ballmer is selling $2 billion of his Microsoft stock. This is about 18% of his holdings. Click here 
Compared to the other 30 present and past Microsoft executives’ homes in my book, Ballmer has a relatively modest estate. It is in Hunts Point and next door to Craig McCaw’s (formerly Kenny G’s) estate. The photograph above is from page 155 in my book, Lake Washington 130 Homes.

Wednesday, November 10, 2010

Mastro Mansion Sells for $9.1 Million

The Seattle Times reported Michael Mastro’s Mansion sold for $9.1 million by the bankruptcy court. The buyers used an attorney to sign the documents to keep their identity off the official records.
My previous blogs below, dated 10/11/10 and 11/12/09, provide additional information on the Mastro bankruptcy and “family and friends” investors. The photograph above is from page 126 in my book, Lake Washington 130 Homes.
Seattle Times article:  Click here

More in formation is in previous posts on 10/11/10 and 11/12/09.

Tuesday, November 9, 2010

Sunday, October 24, 2010

Jeff Brotman Hosts Michelle Obama

Jeff and Susan Brotman hosted lunch with Michelle Obama at their Medina mansion on October 25, 2010. The lunch was a fundraiser for US Senator Patty Murray’s (Democrat Washington) reelection. Table captains pledged $7500 each. The mansion is in the exclusive cove of Medina that includes Nathan Myhrvold’s T-Rex house, Charles Simonyi’s Window 2000 house and Gary Reed’s former estate. The mansion is on page 98 in Lake Washington 130 Homes.
Jeff is the Chairman and co-founder of Costco. The mansion is also known as “their Art House” that includes monumental pieces by Richard Serra and James Turrell. The house was designed by Olson Sundberg Kundig Allen Architects who are known for designing art-galleries-cum-residences (http://www.nytimes.com/2003/04/13/magazine/footnotes-100439.html?pagewanted=2). The louvers on the front (water side) and roof of the house adjust to provide the opitimun natural light on the extensive art collection.

Thursday, October 21, 2010

Mercer Island Mansion $28.8 Million Selling Price

A Mercer Island west-side mansion that is listed for sale at $28.8 million is the current most expensive King County MLS listing .  It is one-half mile north of Paul Allen’s compound and on page 59 in Lake Washington 130 Homes.The Puget Sound Business Journal recently published an article about the property.

The living area is 13,636 sq ft with 7 bedrooms, 11.25 baths, theaters, multiple kitchens, wine cellars, and 8 washer-dryer rooms. There is additional covered non living areas and resort-style features including a 120” plasma TV rising from the edge of the pool. Construction started in 2004 when David and Becky Sandwith purchased the lot for $5.4 million. David, his parents and siblings sold Kent based Mikron Industries, a manufacturer of high tech window components, for $205 million to Quanex Corporation in 2004.



Monday, October 11, 2010

Mastro Mansion $9.9 Million Selling Price

The Seattle Times and Puget Sound Business Journal have reported Michael Mastro’s Mansion will soon be listed for sale by the bankruptcy court for $9.9 million. The Business Journal article includes numerous pictures of the interior. It has taken over a year for the bankruptcy court to take over the house and offer it for sale to provide some of the partial payment to creditors. The Mastros tried to set up and claim it as property not subject to the bankruptcy.

My previous blog below, dated 11/12/09, provides additional information on his bankruptcy and “family and friends” investors. The photograph above is from page 126 in my book, Lake Washington 130 Homes, http://www.hundredhomes.net/. I remember many times going by the Mastros’ mansion by boat and seeing a large parties (for family & friends?) with a band and waiters and waitresses in formal attire. The Evergreen-Point mansion is 7,050 square feet with 176 feet of waterfront. The Mastros paid $15 million for the mansion in July 2006.

Seattle Times article

Puget Sound Business Journal article with 16 pictures

(More in formation is in a previous post on 11/12/09 and an update is in an 11/10/10 post.)

Friday, October 1, 2010

Gary Reed Moves into Madison Park Mansion

William G. “Gary” Jr. and Victoria Reed moved from their Medina home (see earlier blog below) late last year. The new home has 7,700 sq ft on 0.7 acres with 60 feet of waterfront. It is three houses south of the Reed Estate homes (pages 19 through 22 in Lake Washington 130 Homes, http://www.hundredhomes.net/). The southern home (page 22) in the Reed Estate is owned by Furman Moseley and his wife and Gary’s sister, Martha Reed Moseley. I’ve been told Furman and Martha live elsewhere and their son, Colin Moseley and his family live in that house. Colin is the current Chairman of Simpson Investment.

The 8 acre Reed Estate is where Gary and Martha grew up. It was established in the early 1900s by their grandfather, Mark E. Reed. It was that era’s version of the current Gates and Allen estates. It was subdivided in the 1940s into a private gated community of nine homes. Howard Schultz owns the most prominent of the current homes (page 21). His property has a gate inside the gate.

(Information on his previous Medina home is below.)

Gary Reed Sells Medina Mansion for $22 Million

William G. “Gary” Jr. and Victoria Reed sold their 8,600 sq ft Medina home (page 100 in Lake Washington 130 Homes, http://www.hundredhomes.net/) in September 2009. This and the Bezos estates at 5.35 acres each are the largest in Medina. This estate has 305 feet of waterfront and the property stretches over 200 yards from the shoreline to Overlake Drive. The lot is relatively flat with lush landscaping and a tennis court at the water’s edge. The sale went relatively unknown since it was a private, family transaction. The recorded buyer was Blue Water Realty LLC whose principals are Gary’s son, Doug Reed, and Sarah Reed. I have not been able to verify if that is who is living there. Please comment if you know.

Gary and Victoria have moved to their new mansion in Madison Park (see later blog above). The Seattle Times labeled Gary “the most powerful Seattle business leader you’ve likely never heard of.” He is or has been on the Boards of Microsoft, Paccar, Safeco, The Seattle Times Company and Washington Mutual. He is the grandson of Mark Edward Reed who joined Simpson Logging in 1897 and was named president after the company’s founder, Sol Simpson, died in 1906. The Reed family bought out the Simpson family and the company is now one of the largest private, family owned companies in the state. It is now Tacoma-based Simpson Investment Company. Gary worked in executive positions with the company starting in the 1960s and served as Chairman from 1971 to 1996. He oversaw the company’s expansion into plastics and other manufacturing.

(Information on his new Madison Park home is above.)

Bezos Completes $28 Million Home Improvement


Jeff Bezos, founder and CEO of Amazon.Com, recently completed his $28 million Medina home improvement.  Property records show a $28 million building permit was issued in 2008 and completed in August 2010.  This was accomplished with little publicity or fanfare.  The living area increased from 13,200 sq ft to 29,000 sq ft in two buildings.  In addition there are “non living area” buildings that include the largest boat/party house (about 4,500 sq ft) on Lake Washington, a caretaker’s cottage and other buildings.  This and the Reed estates at 5.35 acres each are the largest in Medina.  Bezos has 310 feet of waterfront and the property stretches over 200 yards from the shoreline to Evergreen Point Road. The lot is wooded with a steep bank so very little of the buildings, except for the boat and dock structure, can be seen from the water.  (See pages 105 and 112 in Lake Washington 130 Homes, www.hundredhomes.net)

Monday, September 27, 2010

Obama – Murray Fundraiser at Glaser Mansion

The major Seattle fund raiser for President Obama and U.S. Senator Patty Murray on August 17, 2010, was at the new 7,300 sq ft mansion of Rob and Cori Glaser. 60 prominent Democratic donors attended the $10,000 per late luncheon. Rob, a former Microsoft mega-millionaire, started RealNetworks in 1995. He recently retired from his CEO position at the company.

RealNetworks produces music, video and other software for PCs, smart phones, and portable music players. Some of its best known products are RealPlayer and RealRhapsody.

Rob and his wife, Cori, are major Democratic contributors and fund raisers. They were strong financial supporters of Obama’s 2004 U.S Senate campaign.

Glaser owns two similar looking side-by-side mansions in the Madison-Park/Denny-Blaine/Madrona area. The 5,240 sq ft mansion on the left/south was built in 1980 and had a major renovation completed in 2008 when the new 7,300 sq ft mansion on the right/north was completed. This compound was not included in Lake Washington 130 Homes. It is between the McCaw and Rose Mediterranean villas on pages 38 and 40 in the book.

Peter Edwards buys $40 Million Lytle Mansion for $10 or $12 Million


The former Lytle mansion on Mercer Island sold in the June 2010 auction. My previous blogs regarding the auction are below and dated 5/24/10 and 2/20/10. The 1st auction had a minimum bid of $15 million. Several bids were submitted but each was contingent on a sale of property and all these were rejected. The 2nd auction minimum bid was $12 million without contingencies. The buyer was James “Peter” Edwards, the founder and CEO of Video Only. The Edwards family is moving from the Lakemont area of Bellevue.


Peter founded Seattle area (Tukwila) based Video Only in 1982 and it has grown to 14 stores in WA, OR and CA. The company is privately held by Edwards and his family. We bought our last TV from them and highly recommend them.

The home was featured on KING 5's Evening Magazine on April 12, 2010.

Both houses are in my book (pages 46 and 157): http://www.hundredhomes.net/


More in formation is in previous 5/24/10 and 2/20/10 posts.

Map of the Stars Cruises


Anchor Bay Charters and I had multiple “Map of the Stars” cruises and parties this summer. The 3 hour “Map of the Stars” cruises included Lake Union sights (Sleepless in Seattle floating home, Chihuly’s Studio, views of Space Needle and downtown, etc.) and Lake Washington with the premiere waterfront mansions (Gates, McCaws, Schultz, et al.) of Madison Park, The Eastside’s Gold Coast (Meydenbauer Bay, Medina and Hunts Point) and the North end of Mercer Island. These tours include the homes of eighty percent of the state’s billionaires. The 4 hour cruises added most of Mercer Island and included all the state’s billionaires with Paul Allen’s 10 acre estate. I narrated most the tours and provided information as we view most of the homes in the book. The cruises were popular with Realtors and their clients as I also pointed out homes listed for sale for more than $5million.

The yacht has a wonderful upper level sundeck and a stately heated interior party and dining room with large picture windows. More information is at: http://www.anchorbaycharters.com/ and www.hundredhomes.net/Lake-Washington-Cruises

Summer and Seafair 2010


2010 was a wonderful summer with a lot going on. I’ve received some notes from my blog fans wanting more news. I am behind on my blogging but will catch up and keep current with weekly (average) postings. The big, time consuming activities this summer involved family, friends and our “Map of the Stars cruises” (the later blog that is above). Seafair was the center of our major activities. We had family visiting for 6 weeks with Seafair in the middle. We live on the west side of Mercer Island with our deck and dock on the 35 yard line for the Hydroplane races and the air shows.
In spite of the weather many thought 2010 was the best Seafair ever. My wife, Susan, and I had our whole family here (6 children, 6 grandchildren and 4 son-in-laws – 16 total) plus many friends. Friends and family are what made it great! The Blue Angels have 3 shows. The high show (clear weather), the low show (overcast) and the flat show (this year for the 1st time since I’ve been here). Plus they added an F-18 jets show before the Blue Angels’ show. We had more planes flying low over the dock than ever before!

Monday, May 24, 2010

Lytle Mercer Island Mansion Auction Update

The Lytle mansion on Mercer Island is still up for auction. My blog regarding the previous auction is below and dated 2/20/10. That auction had a minimum bid of $15 million. Several bids were submitted but each was contingent on a sale of property and all these were rejected. The new minimum bid is $12 million without contingencies and the new deadline is June 30, 2010. The mansion is 22,800 sq ft on 2.0 acres with 150 feet of waterfront, 5 bedrooms, and 9 baths. It was built in 1977 and extensively remodeled and enlarged in 2000-01. It has an estimated $50 million replacement value. It was first listed for sale in 2004 for $40 million. The listing price was $35 million when I published my book, Lake Washington 130 Homes, in August 2009. Late last year the listing price was reduced to $23 million. My book also includes their new house in Hunts Point that was under construction at the time.

The home was featured on KING 5's Evening Magazine on April 12, 2010.
Both houses are in my book (pages 46 and 157): http://www.hundredhomes.net/

More in formation is in a previous 9/27/10 post and an update is a 5/24/10 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, http://www.hundredhomes.net/) 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.

Thursday, April 22, 2010

Ragen Seattle Mansion Sells for $9.6 Million

This estate in the Denny-Blaine neighborhood of Seattle (page 30 in Lake Washington 130 Homes, http://www.hundredhomes.net/) sold for $9.6 million in December 2009. This is one of Seattle’s fine old waterfront mansions that has not been torn down for a modern home. The home buyer is listed as Janis Cunningham, a partner with the Perkins Cole law firm. She may be acting as a trustee for an anonymous buyer. The former owner and seller was Brooks Ragen.  He co-founded Seattle-based Ragen Mackenzie Group, a full service brokerage firm.  The firm grew to 300 employees with offices in Washington, California, Oregon and Alaska managing over $11 billion in assets when it was acquired by Wells Fargo in 2000.  Nearly simultaneously Brooks left the firm and co-founded McAdams Wright Ragen in Seattle and the firm is now one of the region’s largest brokerage firms. The estate has 4,020 sq ft of living space on 0.6 acres with 153 feet of waterfront.

Monday, April 19, 2010

Gould Buys Briggs Madison Park Mansion for $10.6 Million



This house in Madison Park (page 19 in Lake Washington 130 Homes,
http://www.hundredhomes.net/) sold for $10.6 million in December 2009. The home was purchased by Frederick Beau Gould and Julie Pigott Gould. The Goulds moved from a nearby Madison Park home and their boat is named “Julie.” Frederick is a Seattle attorney. Julie is active in numerous local charities with other members of the Pigott families. The former owners, Jack and Carol Briggs, were also active in charities and the home was featured as a wonderful site for many fund raisers. The home has a pool, two kitchens and three fireplaces. The selling brochure said: “The home is wonderful for entertaining inside and outside. Inside there are large entertainment rooms with French craftsmen detailing. The outside features the pool, beautiful, well-maintained landscaping, sculptures and fountains.” The estate has 7,470 sq ft of living space on 0.7 acres with 135 feet of waterfront.

Thursday, April 8, 2010

Bill Gate’s Convention Center


A – Grand Staircase – 92 feet long, descending 84 steps with roof 63 feet above the stairway.  The Grand Entrance is at the top with a 6,300 sq ft garage for guest limos.  The gate for the road to the estate is in the upper right.  The driveway continues past the Grand Entrance through a second gate to the family four car garage above the inner sanctum [D].
B – Library (hidden behind [A] and trees), 2,100 sq ft and home to Leonardo da Vinci’s Codex Leicester.
C – Guest and convention wing with reception hall, guest rooms, dining rooms, kitchens, meeting rooms, theaters, etc.
D – Family 11,500 sq ft “inner sanctum” with 4 bedrooms. A 60 x 17 foot indoor/outdoor pool is below and the lakefront building is the boat house.
E– Executive offices and main reception hall.
F – Security offices, activity center and exercise room.

Since 1997 Microsoft and Bill Gates have been holding an annual very exclusive “CEO Summit.”  The inaugural 1997 conference introduced his 50,000 sq ft, $150 million, Lake Washington estate that was near completion. Usually about 100 top-level people from around the world attend. Sessions and meetings are held at the Microsoft campus and Bill’s estate, aka his personal Convention Center.  Most of the meetings and social events are closed to the media and public and advance notices of the times and places of these are not provided. The above is a guide to his lakefront convention center as viewed from the public waters.  The estate along with more information is in my book, Lake Washington 130 Homes, on pages 118 and 119 (www.hundredhomes.net).

Monday, February 22, 2010

Nathan Myhrvold’s T-Rex House




Nathan Myhrvold became fascinated with dinosaurs and visited the filming of the “Jurassic Park” sequel in 1996 and met the film’s consultant and world-leading paleontologist, Jack Horner. Horner convinced Nathan to use some of his Microsoft multimillions to fund a dinosaur bone digging foundation. His foundation has recovered more tyrannosaurus rex skeletons than the total previously found by everyone else. He has given most of them to museums including the Smithsonian. In-side the big rounded windows of his living room he has one of the t-rex skeletons he helped dig up.

He co-founded Bellevue-based Intellectual Ventures in 2000 and the company has been featured in recent news. Intellectual Ventures invests in invention. The company has created and purchased thousands of patents and original inventions with the purpose of protecting the inventors and collecting royalties from larger companies. Nathan personally holds 18 U.S. patents and has applications pending for 100 more. He was born in Seattle, earned a PhD in theoretical and mathematical physics from Princeton at the age of 23 in 1981. He joined a computer startup company, Dynamical Systems, Inc., and became CEO. The company was purchased by Microsoft in 1986 and he joined Microsoft as Chief Technology Officer. He is a prize winning nature and wildlife photographer and a master French chef, occasionally working as an assistant chef at top-of-the-line restaurants.
The mansion along with more information is in my book, Lake Washington 130 Homes, on page 97 (www.hundredhomes.net).

Saturday, February 20, 2010

Lytle Mercer Island Mansion Auction

The Lytle mansion on Mercer Island is scheduled for auction in April 2010. The minimum bid is $15 million. The mansion is 22,800 sq ft on 2.0 acres with 150 feet of waterfront, 5 bedrooms, and 9 baths. It was built in 1977 and extensively remodeled and enlarged in 2000-01. It was first listed for sale in 2004 for $40 million. The listing price was $35 million when I published my book, Lake Washington 130 Homes, in August 2009. Late last year the listing price was reduced to $23 million. My book also includes their new house in Hunts Point that was under construction at the time.
The Mercer Island home to be auctioned features a large indoor pool area with marble columns that is reminiscent of Las Vegas’s Caesar’s Palace. The mansion includes two fish ponds, two wine cellars, three kitchens and a mirrored gym.
The auction web site is: www.sheldongood.com/mercerisland.php
The home was featured on KING 5's Evening Magazine on April 12, 2010.

 
Hunts Point Home - Picture From 2009 Under Construction
The new Hunts Point house is now complete and they are anxious to not have both houses. They are empty nesters and are downsizing from 22,800 sq ft to 10,600 sq ft. The new house must have small closets.
The Lytles, Charles and Karen, are the founders of Leisure Care, one of the largest developers and operators of retirement communities. Both houses are in my book (pages 46 and 157): http://www.hundredhomes.net/.

(Updates are in 9/27/10 and 5/24/10 posts.)

Tuesday, February 16, 2010

Mercer Island Proctor Landing Mansion Sells For $15.7 Million


This house on Mercer Island (page 57 in Lake Washington 130 Homes, http://www.hundredhomes.net/) sold for $15.7 million in a private transaction with an undisclosed buyer in the second half of 2009. The property was listed for sale in the early 2000s for $34.5 million and in May 2009 the listing price was $23.9 million.

The estate has 17,780 sq ft of living space on 1.37 acres with 255 feet of waterfront, 8 bedrooms and 15 baths. The original house was built in 1932. It was purchased in 1998 for $7.9 million by the seller who extensively expanded and remodeled, maintaining the original English Tudor architecture. The interior of the home has been described as a mini “Taj Mahal.” The home features an indoor/outdoor pool, a two bedroom guest house, a children’s room in the tower and a three office carriage house.

The house was featured on KING 5’s Evening Magazine and the link for the web view is: http://www.king5.com/archive/64596642.html

Lake Washington 130 Homes was also featured on KING 5’s Evening Magazine and the link for the web view is: http://www.king5.com/archive/64598997.html