Lifestyle

Seattle-Area House Sells for $22.75 Million, One of Washington’s Biggest Deals This Year

A waterfront mansion in Bellevue, Wash., has closed for $22.75 million in one of many state’s priciest offers to date this yr, information present.

Situated within the prosperous neighborhood of West Bellevue, about 15 miles east of Seattle, the 5-bedroom home was listed for $23.75 million in mid-August, in response to the itemizing agent, Jay Kipp of Realogics Sotheby’s Worldwide Realty. With roughly 340 toes of waterfront on Lake Washington, the Mediterranean-style home measures greater than 8,100 sq. toes. It’s perched on a peninsula and has unobstructed views of the Seattle skyline, Mr. Kipp stated.

The vendor is an entity tied to the late Diane Diamond Foreman, whose father based Seattle-based Diamond Parking. Mrs. Foreman, who died earlier this yr, based Columbia West Properties, a business real-estate agency in Bellevue. Her husband, Richard Foreman, was a three-term mayor of Bellevue who died in 2014.

The client’s identification couldn’t instantly be decided. Lisa Whittaker of Coldwell Banker Bain, who represented the customer, declined to remark.

The sale is without doubt one of the largest in Washington state this yr, in response to Northwest MLS. The costliest was a $23.5 million deal that closed in September within the close by city of Hunts Level, situated on a peninsula on Lake Washington. Hunts Level additionally holds the state’s present gross sales file: a mansion that offered for $60 million final yr, information present.

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The home is Mediterranean-style.



Photograph:

Readability Northwest/Realogics Sotheby’s Worldwide Realty

Lots of the space’s company headquarters are situated in Bellevue, which additionally has a powerful high-end market, stated Mr. Kipp. It’s adjoining to Medina, the Washington enclave that’s residence to among the space’s largest names in tech, together with

Jeff Bezos

and

Invoice Gates.

The common sale worth for a waterfront residence in West Bellevue is $4.2 million, in response to Mr. Kipp, who stated waterfront stock is more and more uncommon as a result of longtime house owners have scooped up neighboring properties to amass giant estates. The Foreman property acquired a proposal inside days of itemizing, he stated.

The Foremans purchased the property for $5.9 million in 2000, information present. They spent three years constructing the home, which was accomplished in 2003, in response to the itemizing. The property has a dock with three slips.

The formal front room, with two-story home windows overlooking Lake Washington, has 24-foot box-beam ceilings and a pair of stone fireplaces. There’s additionally a proper eating room, with floor-to-ceiling mahogany cupboards, in response to the itemizing. The home has a library, a music room, a three-car storage and a wine cellar. There’s additionally a rotunda gallery displaying a group of glass artwork, Mr. Kipp stated.

Write to E.B. Solomont at EB.Solomont@wsj.com

Copyright ©2021 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Appeared within the October 8, 2021, print version as ‘A Huge-Ticket Sale Exterior Seattle.’

https://www.wsj.com/articles/seattle-area-house-sells-for-22-75-million-one-of-washingtons-biggest-deals-this-year-11633363944 | Seattle-Space Home Sells for $22.75 Million, One in every of Washington’s Largest Offers This Yr

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