Thinking waterfront? Think Windermere.

We have the knowledge and expertise to help you navigate the waters. And we know Lake Washington, Lake Sammamish, and Puget Sound intimately! Let us expertly guide you through the waterfront buying or selling process—including competent pricing evaluation, strategic positioning, relentless advocacy throughout the negotiation process, and resources and referrals to complete the due diligence required in your next waterfront transaction.

April 9, 2020

The Waterfront Report

The Waterfront Report tracks weekly waterfront listing and sale activity on Lake Washington, Lake Sammamish, and Puget Sound for properties located within the greater Seattle-Eastside region of King County. [click here for listing photos and info]

Note that most in-person real estate activities ceased on March 25, 2020 under the Governor's Stay Home order.

NEW LISTINGS - No new listings this week

CONTINGENT SALES - No contingent sale activity this week

PENDING FEASIBILITY/INSPECTION SALES - No pending feasibility/inspection sale activity this week

PENDING (FIRM) SALE – Kennydale ($2.5 M)

SOLD PROPERTIES - No closed sale activity this week

Expert insight

New Real Estate Excise Tax (REET) Rate

  Now that Washington State Senate Bill 5998 has been signed into law, our local real estate excise tax—the tax paid when you sell a property—will be getting a facelift in 2020.  The flat rate of the past will make way for a new tiered system which gives owners a tax cut on the first […]

2020 Windermere Cup

  About the Regatta –  Windermere Real Estate and the University of Washington are excited to host the 34th annual Windermere Cup Regatta. Scheduled for Saturday, May 2nd, the regatta is held as part of Seattle’s Opening Day of Boating Season and is followed by the Seattle Yacht Club’s Opening Day Boat Parade. This year’s […]

Evaluating Waterfront Property Values

  Waterfront Property Valuation   While supply and demand clearly play a role in establishing the value of a waterfront property, several unique elements overshadow the typical supply divided by demand equation. The first one is rarity. Examples of this include: point properties—waterfront at the tip of one of our few natural points—with more expansive […]

How to Determine the Value of Shared Waterfront

Evaluating of Shared Waterfront The concept of shared waterfront incorporates many different waterfront-sharing situations. Establishing the value of the share isn’t as simple as dividing the overall value of the waterfront parcel by the number of shares…although that’s a good start. The term “shared waterfront” has been used to describe everything from a private parcel […]

Lakeside Resources That Will Float Your Boat

  Local Waterfront and Boating Info Shorelines are heavily regulated in King County and, love it or hate it, the tight guidelines help keep our Puget Sound lakes in good order. King County’s Lake Stewardship Program has produced several fact sheets on lakeside regulations. If you’re wondering what you can plant and still be in […]

Seattle area waterfront

LAKE WASHINGTON

Lake Washington is the second largest natural lake in the state of Washington and is connected to Puget Sound via Lake Union and the Lake Washington ship canal. Boat traffic from Lake Washington travels through the Montlake cut, Lake Union, the Fremont cut, and then the Hiram M. Chittenden “Ballard” Locks in its journey to the open water. Lake Washington is about 214 feet deep and 33.8 square miles. The vast expanse of Lake Washington touches 12 cities (Beaux Arts, Bellevue, Hunts Point, Kenmore, Lake Forest Park, Medina, Mercer Island, Newcastle, Kirkland, Renton, Seattle, and Yarrow Point) and unincorporated King County.

 

LAKE SAMMAMISH

Lake Sammamish is the sixth largest lake in Washington, and one of the major recreational lakes—with high use by fishermen, boaters, water skiers, swimmers, and picnickers. The freshwater lake is 7 miles long and 1.5 miles wide, with a maximum depth of 105 feet and a surface area of 8 square miles. It lies east of Bellevue and west of the Sammamish Plateau, and stretches from Issaquah in the south to Redmond in the north.

 

PUGET SOUND

Puget Sound is the body of water that envelops the greater Seattle area in natural beauty. Seattle waterfront homes border the Sound to the west and Lake Washington to the east. Elliott Bay is the body of water immediately viable from downtown Seattle and much enjoyed by Seattle dwellers and sightseers alike. West Seattle is surrounded by the sound and Elliott Bay on three sides of its natural peninsula. Puget sound is approximately 100 miles long in total, extending from Deception Pass to Olympia with an average depth of 450 feet. The ship canal and Montlake Cut link the Sound to Lake Washington via Lake Union.