What a gorgeous day! We always say that this is the kind of weather that was made to show off Seattle houseboats! This luxury new construction floating home build is no exception to that. This is the last floating home available in the Stillwater Landing development. It is that one that was held back because the design was so incredible. It is also the last basement allowed in Seattle floating homes per current city rules. This luxury lake home is incredible!!! Three levels of living space with high ceilings, luxury finish work, and radiant warm floors. It has boat moorage and garage parking – complete with electrical to install a car charger if you want. It really has it all… and you own your own moorage. $2,950,000
This is a once in a lifetime buy as the city has a net zero policy on these and no more new Seattle floating homes will be allowed to add to the number that we have on the lake already. In addition, no additional basements will be permitted according to the code. It’s also rare to get a garage parking space and be in this incredible corner of Portage Bay.
We would be happy to show you this property. We have lender, inspector, appraiser, and insurance referrals for these special waterfront properties and we are happy to walk you through each step. We look forward to showing you this floating home or others and are your absolute advocates for Lake Union homes and waterfront living. We are here to help and your absolute Seattle Houseboats Experts ℠.
As of today, 19 Seattle Houseboats (Lake Union floating homes and housebarges only)have closed in escrow through the MLS. There have been many more off market closings on top of that number, but to give you an idea of the increased action on Lake Union, consider this: Last year in all of 2014 in the NWMLS 19 Seattle Floating homes and house barges closed. The entire year. You can see the detail here: Seattle Houseboats sales 2014 When looking at the MLS at this time last year, there were 11 Seattle floating homes and house barges that had closed. Add to that the fact that there are five Seattle floating homes pending in escrow in the MLS right now and 2015 promises to be a record setting year!
So here is what it looks like on the Seattle houseboats market right now:
There are 2 Seattle floating homes for sale that are marked Active in the MLS – priced between $750,000 and $1,495,000 – both of these Seattle houseboats for sale are Eastlake homes as opposed to Westlake or Portage Bay (BTW – there are also Seattle houseboats for rent currently, too, if you want to just try it out). As mentioned above, there are 5 Seattle floating homes that are pending – ranging in price from $179,000 to $1,150,000. Looking at the last 60 days of closed sales for floating homes, there are three:
2420 Westlake Ave N #7 sold for $875,000 on 8/18/2015
2017 Fairview Ave E #K sold for $959,000 on 9/9/2015
A quick note on that last sale above. 2821 Fairview Ave E is Wards Cove and this was our first resale from the Seattle floating homes new construction development in Eastlake. Obviously it was well received on the Seattle real estate market because it sold for 103.63% of its list price! You can see the full listing sheets for these sold Seattle houseboats here: Seattle houseboats SOLD and then details for all of 2015 Sold Seattle floating homes and housebarges here: 2015 Seattle houseboats sales
We look forward to seeing how the year ends in floating homes and housebarge sales in Seattle – please let us know if you need any information at all or are curious about the value of your floating home. [email protected]
SeattleAfloat® Enjoy Life Afloat On Lake Union – Your Authority On Seattle Houseboat Living
Seattle Afloat®– The Seattle Houseboats Market Is Floating Despite Reports On Low Lake Union Levels…
Here we are in the final days of August 2015 already and the Seattle houseboats market has been incredibly surprising and action packed so far this year! Multiple reports on the risk associated with historically low Lake Union levels and still we are Afloat in Seattle™! As of this AM, in the last 30 days there have been 5 SOLD Seattle floating homes that have closed in escrow through the NWMLS. These are not the “For Sale By Owner” Seattle houseboats and these are just the Seattle floating homes – not the other types of Seattle houseboats like floating on water residences, etc. Just floating homes. Cooper Jacobs Real Estate has Seattle Realtors that specialize in Seattle houseboats and Seattle waterfront homes. (Seattle houseboats experts we were involved in two of the last five sales below.)
2818 Boyer Ave E #2 in Portage Bay is a 1 bedroom, .75 bath 600 square foot Seattle floating home. It was built in 1930. It was listed for $395,000 and after 5 days on the market sold on 7/21/15 for $410,000 (103.80% of sales price to list price). $683.33/sq ft
2031 Fairview Ave E #N in Eastlake is a 885 square foot 1 bedroom and 1 bath home built in 1925. It was orignially listed for $510,000 and dropped its price to $499,000. After 90 days on market, it sold for $465,000 (93.19% sales price to list price). $525.42 square foot
2420 Westlake Ave #7 * in Westlake is a 1065 square foot 2 bedrom and 1.5 bath floating home that we listed. It was built in 1929, but completely redone and sold for $875,000 after 103 days on market (97.44 % sales price to list price) 821.60 a square foot *Cooper Jacobs Real Estate represented the Seller
1214 Hamlin Ave St #9 in Portage Bay – A 3 bedroom 2 bath 1500 square foot floating home built in 1971. It was listed and sold for $1,298,500 after 11 days on market. $865.67 square foot
2466 Westlake Ave N #19* in Westlake – we represented the buyer for this fabulous Seattle floating home. It is a 2 bedroom and 1.75 bath home built in 1940. It was listed and sold for $1,350,000 with 7 days on market. *Cooper Jacobs Real Estate represented the Buyer
So what is for sale in Seattle Houseboats world now on Lake Union?
There are five Seattle floating homes for sale in the MLS right now. These do not include Seattle houseboats for sale by owner. They range in price from $499,000 to $1,495,000 with an average days on market of 38 days. The median list price is $750,000. They are all in Eastlake! In addition there is one floating home that is pending in the MLS priced at $2,895,000 (Wards Cove).
Our favorite by far of course is a great floating home on The Log Foundation dock which happens to be one of the best run and most established coop on Lake Union. If you are looking for Seattle houseboat living, then this is a great choice! It is a 2 bedroom 1 bathroom 1300 square feet floating home built in 1930 with lots of updates.
It is south facing! To be south facing and in Eastlake is highly coveted. This one is all one level and well oriented with the water. It is listed for $697,000. Please let us know if you would like to see it. It won’t last long. Also, if you are looking for Seattle houseboats for rent, there are some available right now (A lot of people ask about Seattle houseboats for vacation rental, but the majority of these homes are rented long term).
Want to learn more about Seattle Houseboats and life on Lake Union Afloat? We would be happy to help!
There are some great Seattle houseboats for sale out there, but this lovely Eastlake floating home is making its debut for the first time in a very long time.
1300 Square Feet
Built in 1930
Owned Moorage on Well Organized Dock
More info about this great Eastlake Seattle floating home:
2019 Fairview Ave E
Look no further. You’ve just discovered the quintessential Eastlake Floating Home. The massive float size is perfect to entertain on your south facing deck. One bedroom & one smaller. Third room for another bedroom, office or den. Newly remodeled kitchen, with gas range, stainless steel appliances, and granite counter tops. Well established Log Foundation Co-op. Great location to enjoy all the Eastlake activities. Extra Boat Moorage with co-op approval. Welcome Home! $697,000
There are four Seattle floating homes pending in the NWMLS right now. These range in price from $395,000 for a Portage Bay floating home to $1,298,000 for another Portage bay houseboat. There is one of each in Westlake and Eastlake pending as well. They range in bedroom count from 1 to 3 bedrooms and have other individual perks as well. For instance, our Westlake Floating home for sale is part of a co-op that purchased a money making marina to pay for costs of the dock. It is currently pending. Each one of these homes is so different and that is why when you are looking at Seattle houseboats it is really important to talk to someone who has the experience needed to help you navigate the waters of lake Union and Seattle Houseboat Living ℠.
Closed Transactions on Lake Union: Seattle Houseboats SOLD – at least EIGHT IN SIXTY DAYS.
There were at least two other Floating On-Water Residences as well, but let’s look at the Seattle floating homes segment of Seattle houseboats for sale. There were six Seattle floating homes that closed in escrow in the NWMLS in the last sixty days. They ranged in list price from $499,000 to $2,595,000 and range in sales price3 from $465,000 to $2,475,000 with an average sales price to list price ratio of 98.03%.
You can see the full NWMLS sheets and comparisons here:
Average days on market was 26 days for these. They were all around Lake Union in Eastlake, Westlake, and Portage Bay. The Lake Union Dock had a couple change hands. Fairview Landing also had one sell. We specialize in floating homes and waterfront homes, so happily we were involved in a third of these home sales. We sold a great one at 2466 Westlake Ave N for $1,350,000 (on the market for just 7 days) and we listed the beautiful white floating home at 2031 Fairview Ave E for $975,000 (it sold in 5 days for $971,000). It is difficult to judge these unique Seattle waterfront homes by dollar per square foot. The range of dollar per square foot pricing is as unique as each of these homes – ranging from $525.42 to $1225.85. The median price was $1,160,000. For Seattle houseboats, it really is about your unique needs. Please let us know what you are looking for in a new Lake Union home.
Here are some of the most common things that we get asked about with Seattle Houseboats:
Dock Position (End of dock moorage is always the most desirable and the most expensive)
Form of Ownership (Co-op, Condo, Fee Simple, Leased)
In the last sixty days, there have been many significant sale in the Seattle houseboat community. There have been nine closed sales in the NWMLS for Seattle floating homes and also for Seattle houseboats which are classified as a barge (house barge).
2727 Fairview Ave E #3 This is a grandfathered in Seattle housebarge which was gorgeous. It has 2 bedrooms and was listed on 4/5/2015 for $399,000 and sold for $404,000 after 6 days on the market. It is located on the Hamlin Pier in Eastlake. No sales tax on Seattle housebarges for sale if you can find them.
3125 Fairview Ave E #B This 2 bedroom 875 square foot Seattle floating home was listed on 4/30/2015 for $575,000 and sold for full price three days later. I closed in escrow 5/29/2015.
2727 Fairview Ave E #12 This Seattle floating home is on Hamlin Pier which is a leased dock in Eastlake. It was listed for $695,000 on 3/6/2015 and on the market for 22 days before closing on 4/30/2015 with a final sales price of $675,000.
2031 Fairview Ave E #P The Lake Union Dock in Seattle’s Eastlake neighborhood. The next three sold on this dock. The floating home in slip #P is 1050 square feet and 2 bedrooms. It was listed for $725,000 on 4/28/2015 and after 3 days on the market sold for $715,000 and closed on 6/5/2015. It is the first houseboat on the dock.
2031 Fairview Ave E #B Another Lake Union Dock gem, we sold this gorgeous Seattle houseboat to our lucky clients who came out ahead in a fierce multiple offer situation. This two bedroom 1200 square foot floating home was listed on 4/1/2015 for $895,000 and sold after six days on the market and closed in escrow on 5/19/2015 for $900,000.
2031 Fairview Ave E #G we had the pleasure of listing this one with LeAnne. We listed it on 4/27/2015 for $975,000 and after 5 days on the market it went under contract for full price. During the inspection, we adjusted the price somewhat for a final sales price of $971,000. It closed on 6/10/2015. This Seattle floating home is a two bedroom 1184 square foot houseboat in Eastlake. It is second from the end of the dock and offers some pretty great views and nice finish work.
3236 Portage Bay Pl Moving over to Portage Bay, this two bedroom Seattle floating home was listed on 9/15/2014 for $1,100,000 and after 152 days on the market, it closed in escrow at $1,067,000 on 5/15/2015. This houseboat offered a unique situation which make it difficult to price – a couple parking spaces and an on land rental income opportunity. People looking for Seattle houseboats for rent would like the land rental and this one also has no HOA so no dues.
10 E Roanoke Reef St #12 Awwe… Roanoke Reef floating homes! Roanoke Reef is one of the three standards in Seattle luxury floating homes. This three bedroom floating home is on the back row and offers 1562 square feet of living space to stretch out for your life afloat in Seattle. It was listed for 4/5/2015 for $1,690,000 and after 276 days on the market sold for cash. It closed on 5/8/2015 for a final sales price of $1,640,000.
3212 Portage Bay Place #B Brand new! Seattle new construction floating homes in Seattle are few and far between. This one is back over in Portage Bay again and is one of the latest Seattle luxury floating homes to hit the houseboat market. It was listed for $1,750,000 on 3/28/2015 and after 35 days on the market it sold for full asking price and cash and closed on 5/27/2015. The square footage is 1850 square feet of stunning interiors and three bedrooms which is difficult to find outside of Roanoke Reef, Mallard Cove, or Wards Cove.
So the average days on market for these Seattle houseboats for sale is 56 days. The average dollar per square foot is $751.95 with a range of $657.14 to $1,049.94 for the Seattle floating homes and $404 for the Seattle housebarge Big Brother that closed. The median sales price for all of these Seattle houseboats is $900,000.
One Final note on The Seattle Houseboats Market:
The sales price to list price ratio is 99.02% making the Seattle floating homes market a healthy opportunity for Seattle buyers who want to be in city but can’t seem to compete in the current market. In Seattle land homes for certain neighborhoods, homes are selling for $100,000 to $200,000 and more over list in the same price range. Why not take your buying power and apply it towards Seattle’s most affordable waterfront and closest in city neighborhood? We still have multiple offers in the Seattle floating homes market, but the competition is at a more reasonable pace. I think if more buyers were aware of the attainability of this amazing lifestyle, then more people might jump in and enjoy this unique lifestyle of life afloat in Seattle.
Please call us if you would like to learn more about living life on Lake Union. Courtney Cooper Seattle Houseboats Realtors. We specialize in Seattle floating homes, Seattle waterfront, Seattle luxury homes, and Seattle neighborhoods. Cooper Jacobs Real Estate, SeattleAfloat.com for Life Afloat In Seattle’s Lake Union Neighborhood.
2764 Westlake Ave N # D, Seattle Floating Home Just Listed!
$365,500 with co-op owned Lake Union moorage
Really adorable Historic Seattle Houseboat D: Want a Seattle floating home? Enjoy life on Lake Union in this great floating home circa 1910 but with great updates through the years. This is one of the originals! Log foundation with newer roof and deck on co-op owned Lake Union moorage dock!
Sleeping loft, large kitchen, plus additional den/office to the back, this floating home has vaulted ceilings, skylights, and more! Great condo alternative for in city living with flair. Cats ok and dogs ok with co-op approval. Low dues cover almost everything you need!
Just steps from Fremont at the base of Queen Anne along Westlake Ave N, this is the perfect location for easy access to Downtown Seattle, Queen Anne, Fremont, and more and right on the Cheshiahud Loop (Lake Union Loop) with quick access to all the other walking and cycling trails and paths that intersect right in that area! Another perk? Right by new Amazon location!
Throw your kayak in at the end of the dock and enjoy Life Afloat in Seattle™!
Want more info on this Seattle floating home or other Seattle Houseboats?