Our friends at UrbanCondoSpaces.com have sold another penthouse. This time in Pioneer Square. This top floor loft is located at 210 3rd Ave (The Lofts). It features original floors, vaulted timber beam ceilings and exposed brick and HVAC. The 1,886sf unit has west facing views and underground parking and storage. Sale price was $639,000.
Demand For A Luxury Loft, Outweighs The Changing View
Take a look through the window in the this photo – see the crane?
There is a building going in next door to this incredible top floor loft at 80 S. Jackson. That didn’t sway the opinion of the buyer who purchased the unit. It has a west facing view – often considered the most coveted view in Seattle. You get the water, the mountains and amazing sunsets. In addition to that, the viaduct, an above ground 2 story freeway along Seattle’s waterfront is coming down.
This is a prime example of Seattle growing up and attracting home owners and investors that are not just enamored with a particular view, but the surrounding neighborhood and the upside in living here in the City. Not all of the units views are changing – the owner will retain this amazing Seattle skyline view.
The unit sold for $24,000 below the asking price – $975,000. Pioneer Square is home to most, if not 80% of the lofts in Seattle. There are a few in Belltown and Capitol Hill, but most of them are found in Pioneer Square. This unit features 18 foot ceilings, exposed brick, and a private terrace.
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$161,000 Price Reduction At The Lofts
Looking for a Live/Work space in Seattle?
Check out this 2,624sf space in Pioneer Square. It just had a $161,000 price reduction this week. It has 2 bedrooms, 3 bathrooms, original pine floors, timber ceilings and exposed brick and HVAC. The building is referred to as The Lofts. It has 17 units on 5 levels of living, located at 3rd and Washington. The building was originally built in 1904 and then converted to condos in 1985. The asking price for the space is $989,000. See more details here.
5th Floor Seattle Penthouse Loft, Pioneer Square
Pioneer Square is known as Seattle’s first neighborhood. It is going through a massive transformation with new restaurants, art galleries and chic industrial space filling up this unique Seattle borough. Despite limited inventory, on occasion, home buyers can find a gem – enter unit 5D on the top floor at The Lofts at 210 3rd Ave.
It is a spacious penthouse with timber ceilings, original hardwood floors and exposed brick. The unit features, 2,264sf with 2 bedrooms, 3 baths and an island kitchen.
The building, has 17 units on 5 floors. It also features secure garage parking and storage. The subject property, unit #5D is currently on the market for $1,150,000.