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.)

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:
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):

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

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