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, June 11, 2011

Hunts Point Tip Sold - $14.8 Million

Tip of Hunts Point – Stan Sayres Former Homesite
This (LW 130 Homes page 147) is the site of the former home of Stan Sayres (1897-1956). He was known as “The Legend of Lake Washington” and “The Fastest Man Afloat.” The 2 acre vacant lot sold for $14.8 million on March 31, 2011. The purchaser was Hunts Point Trust. The lot was listed for sale for $19.7 million (see 2/27/11 post). With incredible views and with 750 feet of waterfront, it may be Lake Washington’s premiere waterfront lot.
Andre and Lisa Radandt purchased the property in 2005 for $17.5 million. They are from Bakersfield CA where they own Bolthouse Farms, one of the world’s largest carrot producers. They tried to preserve Sayres’ house but found it was not practical and it was demolished in 2008.
The Seattle Times reported (6/5/11) on the sale and that Rodney and Janice Olson are behind the trust. The Olson’s mansion, “The Bellisima,” near the center of Hunts Point’s western waterfront is listed for sale for $12.9 million (see 3/11/11 post).

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