Seattle Penthouse Condos

Concord Penthouse #7 Sells For $1,520,000, 16 Penthouse Sales In 6 Months

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Concord Condominiums

Concord Penthouse #7 Sells For $1,520,000

You guys remember this penthouse condo at the Concord in Belltown? It just sold yesterday for $1,520,000 – the asking price was as high as $1,850,000 back in January of 2016. It has an interesting history in the last 3 years.

Sold in October of 2014 for $1,450,000
Listing For Sale in January 2016 for $1,850,000
Listed for rent in January 2016 for $7,500
Listed for Sale in July 2016 for $1,699,000
Removed from the market in December of 2016
Listed for sale in March 2017 for $1,699,000
Sold on July 10th, 2017 for $1,520,000

We showed the unit a number of times – it is a very cool corner unit with a massive rooftop deck and hot tub on the second floor above the master suite. Although it showed its age a bit, the unit was clean and had great space. The space is 1,727sf with 2 bedrooms and 1.75 baths.

The Concord is a great building as well. Built in 2000, the building has 206 units on 13 floors between the two towers (North and South). The amenities are rich – featuring 24 hour concierge, fitness center, sauna and spa, guest suites, business center and multiple outdoor terraces.

This penthouse is one of many that will sell in Downtown Seattle by year end – just in the last 6 month there have been 16 penthouse sales in Downtown Seattle.

Concord Penthouse 7

Flurry of Seattle Penthouse Condos Go Under Contract

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Penthouse buyers are eating up Seattle’s high end condo inventory. Just in the last 90 days, there have been 22 condos sold over a $1,000,000 in Downtown Seattle. 3 of them were high end penthouse condos.

What is remarkable is the pace and price that these luxury Seattle condos are selling for. The average price per unit is $1,967,045 and the average price per foot is $999psf – 9 of the 22 units sold in less than 10 days.

In the month of May alone, there were 10 luxury units sold – including a $7.5M sale that took nearly 10 years of market time before finding a buyer.

We have compiled a list of penthouse units that just went under contract as well – all four of these unit just found buyers in the last 10 days (See our graphic below). It will be interesting to what they trade for. The common denominator with these 4 units are the views – check them out!

There have been a lot of BIG penthouse units on the market this year well – sales have been brisk. This unit we wrote about last month sold in just 7 days in one of the hottest neighborhoods in Downtown Seattle – Denny Triangle.

South Lake Union Penthouse Sells For $2,300,000

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2200 Westlake #1801

A Seattle Penthouse at 2200 Westlake just traded for $2,300,000. It was on the market for just 38 days. It last sold in 2007 for $2,038,000. The unit has a great view and a spacious private terrace. It features 3 bedrooms, 2.5 baths and 2,216sf. The building shares space with the 5 start hotel – Pan Pacific. 2200 Westlake is often considered a top 10 project in Seattle. It is located at the epicenter of South Lake Union and benefits from its anchor tenant Whole Foods.

2200 Westlake Penthouse _ Deck

2200 Westlake Amenities 2200 Westlake Lobby

 

Price Reduced At Madison Tower Penthouse

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There is a price reduction at Seattle’s most exclusive address – 1000 1st Ave #2400/2401 The Penthouse At Madison Tower. There are just 47 units for sale in the building and this unit takes up the entire 24th floor.

Check out the video below – this isn’t your average Seattle condo.

Want to see more photos of the unit – click here.

Madison Tower Penthouse | 1000 1st Ave #2400/2401 from Urban Condo Spaces on Vimeo.

Cosmopolitan Penthouse Sells For $918,888

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Cosmopolitan Penthouse_3404

An East facing penthouse at the Cosmopolitan in Seattle just sold for $918,888. Once listed for as much as $1,499,950, the 1,684sf space found a buyer in 98 days of market time. The space has 2 bedrooms, 2 baths, vaulted ceilings and unobstructed east-facing views. The luxury space built in 2007 has a Wolf range, SubZero refrigeration and other high-end appliances.  The previous recorded sales price was $760,000 in August of 2009.

The Cosmopolitan is located in the Denny Triangle neighborhood of Seattle. It has 250 units on 34 floors of living space. Amenities include 24 hour doorman, business lounge, homeowners lounge, sauna, steam, view decks and a rooftop deck.

Cosmopolitan_Night-800x533

 

YTD 2014 Downtown Seattle Penthouse Condo Sales

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Penthouse 2_Mosler

Year to date in Downtown Seattle there have been 9 penthouse sales. The sold prices range from $599,950 to $3.7M. There were multiple sales at Mosler Lofts both posting sale just under $2M.

We have put together a full list below. Just click the photo for more information.

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