2019: A Review of Seattle Floating Homes Sales and Activity

2019 proved to be another happy ending for Seattle floating home sales in Seattle, Wa. 

We saw 22 Seattle floating homes successfully sell on Lake Union and Portage Bay.  We saw more activity than ever in Portage Bay this year!  Could this be the new hot neighborhood for Seattle floating homes?  NINE sold in Portage Bay, THREE in Westlake and the neighborhood which has more floating homes than anyone… Eastlake saw TEN floating homes sell.

What type of homes sold around Lake Union and Portage Bay and how long did it take?   

A cute Westlake floating home for $500,000 sold in about 88 days.  It’s one bed, one bath, and 500 square feet. It’s your typical 1920’s cabin style one story floating home.  $3,438,000 tipped the scales for the largest sale this year which goes to the beautiful Ward’s Cove community. City views, boat moorage, luxury high end finishes for a 2016 built floating home with gated parking are just a few of the perks.  Whether it’s a small charming floating home or a new or remodeled floating home the average purchase price when you include all the sold floating homes rounded out at $1,393,205.  Let’s not forget the average square footage was 1,280.  Calculating these two numbers gives us our price per square foot which is $1,088.  And it took all 21 of these homes an average of 67 days on the market.

Speaking of days on market, SeattleAfloat/Cooper Jacobs successfully listed or sold 63% (14 out of 22 homes) including four off market sales for clients.

What does 2020 look like for buying and selling Seattle floating homes?

We had some creative connections in 2019 which makes it so incredibly gratifying to know the people in this community so we can connect the dots.  We saw people moving up, scaling down, and literally moving their floating homes on the lake. Looking ahead, Seattle real estate has all indications to continue our growth.  More people moving here because of more jobs which means more home developing. We describe our business of selling floating homes sometimes like balancing on a paddle board. These properties do feel slight ups and downs as related to land homes but they continue to ride the wave skimming just the surface without much turbulence at all.  To add to the purchasing power, we have better than ever floating home lenders we continually work with and not surprising competitive for your business.  

When is a good time to sell?

Every year is different.  This is not just me saying something vague.  This year we saw no sales in the first quarter!  It picked up in May with three closings. June there were four.  And July saw THE largest closings in a month which was 5. September was right behind with four closings, October saw 2 and November there were THREE closings!  In a nutshell, 2019 saw a very slow start and then…well then it was no stopping. The number of buyers came out ten fold in the last quarter of 2019. So sellers – the objective is to have your home ready for the most pickiest buyers to attract them from January to December.  Because I guarantee there are always buyers shopping online for a floating home. They’re just waiting for the right one. 

 Case in point:  We listed a wonderful end of dock floating home in December (right in the middle of the holidays!) for $750,000.  It’s the brown one in the middle pictured here. It got immediate attention and now is pending after 5 days on the market.

As always, we appreciate your time in reading our material and if you ever have a question – ask us!  We love to hear from our audience. 

Quick Explanation for those who need it:

Floating homes by definition are homes registered by the city and county as floating on logs (old growth cedar logs) or concrete and are locked into a dock by way of moorage arms or chains.  They are connected to the city’s sewer, water, and electric. Floating home owners enjoy including their moorage slip as part of their real estate footprint and do pay taxes on this. By comparison, there are still a couple of docks which have a landlord instead of a co-op or condo ownership.  They enjoy rent control for their slips. Ask us more about this topic if you’re interested.

Happy 2020 Everyone!

Check our current floating homes listed RIGHT HERE.  There are currently 4  floating homes listed active right now.

Seattle Houseboats: Floating Homes Market Report

Seattle Afloat’s Molly & Courtney sold three of the FOUR floating homes in the two months.

We are deep into the 2019 holiday season now and Molly and I are so thankful for the fabulous year that we have had. We love this community so much and appreciate that you think of us first when it comes to buying or selling your Seattle floating home. We look forward to 2020 and serving the Seattle floating homes community well into the future.

Let’s catch up on the Seattle floating homes market over the last couple of months! There are five floating homes for sale in Seattle currently. They range in price from $550,000 for a two bedroom with a long term lease in Portage Bay to $3,200,000 for a brand new construction luxury floating home with a basement in Portage Bay. Three of these Seattle floating homes are in Portage Bay, one is in Fremont, and one is in Eastlake. The average list price is $1,710,000 and the average dollar per square foot is $1061.82 with a range from $672.37 to $1,315.79.

Looking at closed sales in the last sixty days, there have been four Seattle floating homes for sale that have sold through the MLS that range in price from $500,000 to $2,700,000 with a median sales price of $882,500 and an average days on market of 54 days. Three of these were in Portage Bay and one was in Westlake. The average sales price to list price for these floating homes was 95.67%. Molly and I sold three out of four of these! We definitely know the market and are happy to help you if you want an evaluation. We have specialized in Seattle Houseboats for over a decade and can offer you a wealth of experience and knowledge. Living in, working in, and giving back to this community is what we do. We also have a FOWR Seattle houseboats specialist on our team now to serve the many Seattle houseboats that are not floating homes. Reach out and we can introduce you to one of our houseboats agents Susan so you can learn about this special segment of the Seattle houseboats lake market, too. There’s lots of real estate on the lake in Seattle and we are here to help you with all of it.

Want more information? We at Seattle Afloat are Seattle Houseboats Experts and the only team working on the lake today that has been successfully representing clients together for almost two decades.

Courtney Cooper & Molly Cartwright 206-850-8841/206-841-6800 houseboats@cooperjacobs.com

The Dox Seattle floating homes Dock is So Pretty and offers great views!

Seattle houseboats docks on lake union

When people are looking at Seattle floating homes, they almost always want to know about the end of the dock moorages. The Dox dock has two docks so there are four end of dock locations and lots of floating homes toward the end. If you can find a floating home on this dock community, it offers stunning panoramic views of Lake Union, from the Seattle skyline to Gasworks Park – if it has good dock position.  

Located in a charming floating home neighborhood, this floating home dock features a clean, well-planned open design and remarkable views.  This dock is a  Coop moorage & there is room for boats on some slip.

Lake Union is your own private “swimming pool”

off street parking

seattle houseboats realtors
Molly & Courtney, your floating home advocates. We love our special community.

Want to see any floating homes? Courtney Cooper & Molly Cartwright 206-850-8841/206-841-6800 houseboats@cooperjacobs.com We specialize in Seattle houseboats for sale. Our Seattle Realtors are waterfront experts and have been in the floating homes community for well over a decade. We are huge advocates for the community and promise to honor your special home and our neighborhood.

Seattle Floating Home $699,000 Just Listed In Westlake!

Welcome to the 2420 Cooperative Seattle Floating Homes Dockseattle floating home for sale in Westlake

2420 Westlake Avenue North #8
Seattle, Washington 98109

The FLOAT

You should always start with the float on a Seattle floating home, but most people start with the house itself to make sure it checks all the Seattle houseboats boxes.  Each one of these is so very different, but it is important that once you identify the perfect Lake Union floating home that works for your living style, then you go right to the float. The true value in Seattle floating homes in across Lake Union and Lake Union’s eastern arm Portage Bay is the slip dimensions.  The slip sizes for any given slip were largely determined and set in stone across coop docks by looking at any existing structures that occupied the slips at the time that the dock was converted to a coop. These dimensions were then recorded and grandfathered in.  Many of them exceed the limit of brand new homes allowed on the lake so slips with footprints larger than 1200 square feet are especially valuable. seattle floating homes

Length: 37.4ft  Width:  30.8 ft

Water Depth:  45ft with no obstructions.

Stringers:  11 pressure treated stringers running east to west.  
Decks The front deck is constructed of treated 2×6 surface boards and 4×6 joints.

Log pack. Beneath the stringers are 9 old growth logs that run east to west. They provide both structure and flotation for the home. They are in a stable configuration, anchored securely with stringers pins.  

Flotation:  6-9ft Styrofoam logs. 41 55-gallon flotation barrels

HOME

  • Early 1900’s year built | 2 beds | 1 Bath | Approximately 700 sq ft
  • Hardwoods | wrap around deck | sunroom | boat moorage
  • $500 Home Owner Dues include:  dock water, sewer, garbage. Dock maintenance, DNR lease, pay off for 8 slip marina, and floating home moorage real estate taxes
  • Personal property tax (paid biannual or annually) is $1,200
  • 8 slip marina owned by 2420 Cooperative anticipated paid off by December 2018
  • Laundry and shower facility at the head of the dock is for the slip tenants.
  • Home Insurance $1900 annually through Lloyds of London underwriters.
    July 2018 Home and Dive Inspection performed.
  • New mini split (heating/cooling) and new attic insulation.
  • New steel moorage arms in 2018.

Seattle floating homesFrom Our Lovely Seattle Floating Home Sellers:

Things We Love About Living Here

We love to hop on our bikes and cruise along the newer Westlake bike trail to Fremont.
We would sometimes attach our pet bike carrier since our favorite bar in Fremont Norm’s on 36th Ave allows dogs inside!

We walk out our sliding glass door and hop on our Paddleboards and other water toys to unwind after a long working day.  However our favorite time is in the early morning hours when the city is still sleeping. SUP yoga anyone?

We love to watch the beautiful yachts cruise into the Westlake marinas and play a game of how this billionaire made their profits!  Plus we like the privacy of living next to a quiet marina instead of a house around every corner.

Nature is everywhere we look and our favorite is to see the Blue Heron hunt for its food right outside our door.

seattle houseboats experts

We love to hear the sounds of seaplanes in the distance.  The next time we want to go to the San Juans, we can kayak to Kenmore Air to catch a ride.

The Floating Home Association (FHA) is an awesome community that is always bringing the floating home community together.  Sometimes it’s a dock party (Docktoberfest) or it’s an informative annual meeting (each April) to discuss how we can continue to preserve and improve our lifestyle.  

Above all, we love to tell people (when asked) that we live in a houseboat or floating home.  It never fails to bring a slew of questions about what it’s like and that they’ve always wanted to do the same thing.

Want to see this one?  Call/Text Molly Cartwright 206-841-6800 or Courtney Cooper 206-850-8841  or email us at houseboats@cooperjacobs.com We are Seattle Floating Homes Experts and happy to help you with this special kind of Seattle home.  

seattle floating homes

Seattle Floating Home With Space Needle Views

seattle floating homesCome Home To This Oasis! Newly Redone Seattle Floating Home With Space Needle Views in Eastlake:

Let’s talk about this Seattle floating homes location for a minute and the incredible peaceful yet exciting combination of living surrounded by nature in the middle of one of the most beautiful cities in the world.     It’s the perfect place to live after a busy day at work!

eastlake floating homes for sale

Walk or Uber from South Lake Union . Feel your shoulders relax and unwind as you walk down the 2017 dock because just strolling down this dock is a real treat.

This is the southern most dock on Lake Union with wide open views of the lake and city. The 2017 dock is one of three that makes up the famed and well organized Log Foundation.  Besides being one of the most well run cooperatively owned dock groups on the lake, this community has also elevated container gardening to an absolute art form. It is truly paradise.

PS  – you can also walk to cool places like Serafina, SLU, Essential Bakery, Starbucks, Pete’s Market, and more.seattle houseboats for sale

 

Step aboard your newly remodeled floating home in Seattle’s Eastlake neighborhood. Gorgeous kitchen includes granite counter tops, new cabinets, under counter refrigerator, and warm your toes on the heated Travertine floors. Or opt to use your outdoor grill while soaking up the sun and Lake Union  and city skyline views. In the lower level, a comfortable master bedroom with ample closets, a cozy fireplace, and access to the lake from your deck. Second bedroom plus bonus room.  $1,850,000

2017 Fairview Ave E #N

Newly listed and just featured in Curbed Magazine, this home was redone top to bottom and can be yours before Fourth Of July!  Call or text Molly Cartwright or Courtney Cooper 206-841-6800/206-850-8841 or email houseboats@cooperjacobs.com for your private showing or more information. 

We are available to talk now.