Price Reduction - Waterfront
Listed By:
Realogics Sotheby's Int'l Rlty and NWMLS
Address
1500 42nd Avenue E, Seattle, WA
Price
$ 22,500,000
Property Attributes
  • ID#2014137
  • TypeSingle Family
  • CountyKING
  • CitySeattle
  • AreaCentral Seattle
  • NeighborhoodMadison Park
  • Zip98112
  • Style1 Story w/Bsmnt.
  • Year Built1978
  • Taxes$ 127256
  • Price$ 22,500,000
  • Bedrooms3
  • Full Bathrooms4
  • Half Bathrooms2
  • Sqr Footage8360
  • Lot Size1.0494 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

This incredibly rare waterfront estate is one of only 4 waterfront residences w/in the 9-home enclave known as The Reed Estate. This magnificent 8,000+ SF residence is sited on just over an acre, w/ 120+ ft of walk out beachfront & a private four-season private dock. In 2012 an extensive 2-year renovation created effortless, single level indoor/outdoor living. 3 large en-suite bdrms & office on the main & a large daylight lower-level flex space (guest suite/gym or media rm) w/glass doors leading to the pool. Limestone terrace overlooking the rose garden, trees & level lawn. Pool & spa are secluded & surrounded by tall trees, while retaining views of the garden & lake. View our full length video under the "Video/Virtual Tour" link!

Price History
11/3/2022 Listed $29,000,000
2/13/2023 14% - $25,000,000
5/26/2023 10% - $22,500,000

General Features

Appliances Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
Assoc Fee Paid Per Annually
Assoc Fees 1500
Basement Finished
Building Area Units Square Feet
Carport Y/N No
City Seattle
Community Features CCRs, Gated
County King
Directions Entrance on 42nd Avenue E at E Galer Street.
Entry Location Main
Exterior Features Stucco
Facing Direction East
Garage Spaces 2
Garage Y/N Yes
High School District Seattle
Interior Features Central A/C, Forced Air, Hardwood, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Hot Tub/Spa, Security System, Skylight(s), Sprinkler System
Land Lease Y/N No
Levels One
Lot Size Square Feet 45713
MLS Area 390 - Central Seattle
New Construction No
Pool Features In Ground
Possession Negotiable
Property Condition Very Good
Property Style 16 - 1 Story w/Bsmnt.
Property SubType Residential
Property Type Residential
Roof Metal
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 42nd
Structure Type House
Subdivision Name Madison Park
Tax Annual Amount 127256
Tax Year 2022
Terms Cash Out, Conventional
Topography Level
View Lake, Mountain(s)
View Y/N Yes
Virtual Tour https://vimeo.com/799700996
Waterfront Features Lake
Waterfront Y/N Yes
Year Built 1978

Interior Features

3/4 Baths 3
Air Conditioning Y/N Yes
Bathrooms 4.25
Baths Full Main 1
Baths Half Main 2
Baths Three Quarter Lower 1
Baths Three Quarter Main 2
Bedrooms Possible 3
Fireplace Features Gas
Fireplace Y/N Yes
Fireplaces Main 4
Flooring Hardwood, Stone
Full Baths 1
Furnished Y/N Unfurnished
Half Baths 2
Heating Y/N Yes
Living Area Units Square Feet
Main Level Bedrooms 3
Power Production Type Electric, Natural Gas
Street Suffix Avenue
Total Baths 6
Total Bedrooms 3
Total Fireplaces 4
Water Heater Location Basement
Water Heater Type Gas

Exterior Features

Attachedgarageyn Yes
Living Area 8360
Building Area Total 8360
Covered Spaces 2
Foundation Details Poured Concrete
Inclusions Dishwasher, DoubleOven, Dryer, GarbageDisposal, Microwave, Refrigerator, StoveRange, Washer
Irrigation Water Rights Y/N No
Lot Features Paved
Lot Size Acres 1.0494
Lot Size Units Square Feet
Open Parking Y/N No
Parking Features Attached Garage
Pool Type In-Ground
Site Features Deck, Dock, Fenced-Partially, Gated Entry, Hot Tub/Spa, Moorage, Patio, Sprinkler System
Spa Yes
Total Parking 2
Vegetation Garden Space
Water Source Public
Waterfront Footage 120ft

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98112

Price
AVG $3.55M
$22.5M
Taxes
AVG $24,691
$127,256
Visits
AVG 136
848
Year Built
AVG 1963
1978
Walkscore
AVG 71
77
Data Provided by Walkscore ® not using MLS data