The Collection Magazine - 2014
For the Connoisseurs of Life Breezespace ceilings 14’ 50% less energy** walls of glass 16’ Visit bluhomes.com or call 866.887.7997 to learn more. *On-site nishes typically 4–8 weeks. **Compared to existing homes. †Monthly payment based on Breezehouse plus upgrades, garage and site work. Not including land. © 2014 Blu Homes. All rights reserved. CA CSLB #963352 DESIGN SMART LIVE BEAUTIFULLY Blu homes are designed to be healthy for you, your family, and the natural world. Our technology, design and building process have been created to make homebuilding easier and life in a Blu home better. $ Design, project management, construction included.â€ 3,750 7 months per month from design to delivery* CONTENTS Volume 4 | 2014 6 OPENING DOORS TO BEIJING The Next Dragon’s Lair 10 STORYSELLING Selling with a Story Sets a Home Apart 16 A MONUMENT OF ART Lifestyle Trends of the “Me” Generation Monumental Sculpture Exhibit Organized by Sotheby’s 28 TRENDS OF MILLENNIALS 38 THE EXCHANGE 44 ON THE RISE What’s New in the World of Travel, Style and Design Downtown Seattle & Bellevue are Growing Up A Broker Partners with Luxury Brands to Create Innovative Results 54 BUILDING LUXURY BRANDS Bainbridge Island Home Fulfills a Marine Dream 82 CASTING OFF TO ADVENTURE It seems the Seattle Seahawks aren’t the only ones spiking around here. The Puget Sound housing of thousands of new residents are packing into our stadium each year (cue the cheerleaders). According to census data (tracked between 2012-13), Seattle had the fastest-growing population among the top 50 most populous cities in the US, and 2014 is trending towards pre-recession activity INNOVATION market is soaring and thanks to impressive employment and our compelling Northwest lifestyle, tens in many market segments. Beyond structural job growth and professional relocation, discretional home buying is also making a comeback, including a noted rise in multi-home ownership and investment properties. Meanwhile a rather frothy stock market and political instability in many foreign countries have global wealth seeking financial safe harbor in what’s now regarded as the newest bluechip asset – terra firma USA. Having returned recently from my fourth trade mission to Asia, I can affirm our region is headlining overseas, and as you’ll observe inside, Realogics Sotheby’s International Realty (RSIR) is playing a key role on that global stage. Our world-wide network is now comprised of some 700 branch locations in more than 50 countries and territories with more than 15,000 brokers representing in excess of 40,000 exclusive listings around the globe. As Washington’s largest affiliate, we manage convenient branch offices in downtown Seattle, downtown Kirkland, Bainbridge Island, and we’ll soon be open in Issaquah. Proudly serving all property types and price points, RSIR is now represented by more than 100 brokers and employees that are dedicated to uniting extraordinary homes with extraordinary lives. In our current issue of The Collection you’ll meet the many faces and places that comprise our world … enjoy diverse broker profiles, exclusive property listings, and unique editorial perspectives. Discover more online at our new website: RSIR.com. In retrospect, I suppose real estate is a little like football after all. You need to know the field, be wellprepared and expertly navigate the twists and turns of the market. In that sense, think of our brokers like your own personal quarterback helping you to reach a residential touchdown. Warm regards, Dean Jones CEO I Owner Realogics Sotheby’s International Realty Owners, Dean & Stacy Jones REALOGICSSOTHEBYSREALTY.COM I 3 Aireloom Baker Councill Dedon Guy Chaddock Hancock & Moore Hickory Chair Stickley Beautiful design solutions Four generations of furnishing Northwest homes 10708 Main Street, Bellevue, WA | 425.450.9999 | www.masins.com Masins Furniture @masinsfurniture Dean Jones Senior Editor Creative Director Art Director & Design Sr. Graphic Design & Production Stacy Jones Andrea Savage Jesse Phillips Contributing Copywriter Contributing Copywriter Cassie Daughtrey Amanda Westby Bryan Clothier Proofreader Photographer - Cover Property (see page 18 & 89) Mel Curtis Sarah Alston Photographer Photographer Caleb Melvin Ryan Smith & Ahna Holder Photographer - LightArt Realogics Sotheby’s International Realty recognizes the many contributors that helped to make the 2014 The Collection possible. © Realogics Sotheby’s International Realty. All Rights Reserved. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Each Office Is Independently Owned And Operated. Equal Housing Opportunity. Disclaimer: Information contained herein has been obtained from sources deemed reliable but cannot be guaranteed. Viewers are encouraged to perform independent due diligence before relying on any content. Opinions expressed are not necessarily that of the franchisee or franchisor. Sellers reserve the right to change their product offering without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. REALOGICSSOTHEBYSREALTY.COM I 5 B 6 I The Collection OPENING DOORS TO EIJ The [Next] dragon’s lair An Asian Demand Diversion Nests in the Pacific Northwest JING Seattle/Bellevue metro area. West Coast real estate has long been popular with Asian homebuyers and savvy overseas investors alike. Historically popular markets like Vancouver, BC and both San Francisco and Los Angeles, CA stood witness to decades of exponential immigration and foreign-direct investment – each market clearly benefitting from such capital influences. But as property values in tier one cities bubble over and new policies affect immigration and income taxes elsewhere, Asian demand is deflecting to a new financial safe harbor: the Continued > > ABOVE: Dean Jones (Left), CEO of Realogics Sotheby’s International Realty and Kevin Corbett (Right) CEO of Beijing Sotheby’s International Realty presented trends during the Beijing Luxury Property Show on May 16-18. B 8 I The Collection EIJING It helps that the Port of Seattle is the closest mainland gateway to Asia and numerous airlines now (competitively) service direct flights to Beijing, Shanghai, Hong Kong, Taipei, Tokyo and beyond. Education also factors with renowned private and public schools catering to international students (reportedly 50% of the foreign born, freshman class of the University of Washington are from China). But most importantly, real estate in the Pacific Northwest appears be undervalued from a global perspective. Consider that the Seattle/Bellevue metro area boasts one of the strongest economies in the US and it generates similar if not higher median household incomes compared to its peer cities on the West Coast. Yet home values here are typically half that of Vancouver, BC located just 150 miles to the north and the average property is a third less than “We are thrilled to be collaborating with Dean San Francisco or Los Jones and his brokers from this strategic US gateway marketplace as we build out our Angeles for comparable network opportunities in North America. We neighborhoods. remain grateful for his introduction to Sotheby’s International Realty Affiliates, LLC and we The fact is these pricier share his vision to build a US referral pipeline into mainland China.” markets are in part buoyed by years of -Kevin Corbett, CEO of Beijing Sotheby’s International Realty foreign investment in real estate and have become known as “hedge cities.” Asians (most notably mainland Chinese) are the largest international contributor and now that Washington is on the map, Asians are the fastest growing demographic. Many Eastside markets, including Bellevue now comprise a 30-percent Asian population and it’s growing. Realogics Sotheby’s International Realty has been at the forefront of global networking events on these trends and contributes regularly to the Asian Real Estate Association of America and to global media on the topic. In addition to founding DragonandthePearls.com, CEO Dean Jones introduced Beijing Sotheby’s International Realty, the first mainland Chinese affiliate and was appointed its Director of Network Development: United States. The Seattle-based brokerage firm hosts numerous trade missions into China each year and created an Asia Desk offering multilingual brokers with direct overseas marketing channels and personalized landing services for the foreign buyers they attract. For more information visit: RSIR.com/AsiaDesk OPENING DOORS CONTINUED... THE [NEXT] DRAGON’S LAIR The 2014 Beijing Luxury Property Show held at the Legendale Hotel in Beijing drew an estimated 5,000 prospective homebuyers and members of global media to a collection of just 70 international exhibitors. Beijing Sotheby’s International Realty was the gala sponsor and a premier exhibitor during the event, which hosted contributors to the Dragon and the Pearls initiative with representatives from Seattle, Los Angeles, San Diego and New York City. The well-attended seminars included topics such as “Best Investment Opportunities in the USA”, which featured a well-received presentation by Dean Jones on the Pacific Northwest. DID YOU KNOW? • Canada’s sudden cancellation of a popular investor and immigration program returned 60,000+ applications (mostly Chinese nationals) – many now seek alternative US options like the EB-5 program • California’s Proposition 30 raised sales tax to 7.5% and state income tax increased up to 12.3% for top income brackets starting above $500,000 – the cost of living is now the highest in the union • The 2013 Chinese blockbuster movie “Finding Mr. Right” also known as “Beijing Meets Seattle” has brought international attention to Seattle being a sensible immigration destination in the US A home deserves to be celebrated with a story that sets it apart.” -Cassie Daughtrey “ home is where memories are made, holidays are celebrated, and most importantly, it is where we spend our most valuable asset: time. Story Selling is about creating moments for T he most someone’s life is a home. It’s a financial decision with emotional impact. A CASSIE DAUGHTREY CASSIE.DAUGHTREY@SOTHEBYSREALTY.COM 206.403.8548 | SAVVYSEATTLE.COM pause that may otherwise be overlooked. It’s about triggering sentimentality, nostalgia, and a the art of storyselling Selling with a Story: the profits are in the details 10 I The Collection “ personal purchase of Understanding the buyer means catering to the senses. Taking a backyard, and making it an event worth remembering. Engaging the buyer. Drawing them in, creating a need to know more about a home. The story means a higher value for the home. The better the story is told, the more value buyers assign to the home. sense of belonging. It’s about honoring and highlighting what a house is and can be. It’s not about being perfect, it’s about being engaging. My clients once told me, “We fell in love with our house as soon as we saw the porch swing. I’ve always dreamed of having a porch swing.” And just like that, a house is sold. My approach to selling homes is about capturing the right audience instead of the broadest audience. A good story does just that. It captivates and draws one into the details and character. A home deserves to be celebrated with a story that sets it apart. As a top producing broker, it’s an honor to be a part of my clients’ stories. My listings consistently sell for more per square foot than an average home - and I credit it simply to the art of story selling. Today’s buyer is savvy and decides within seconds of scrolling through photos online whether or not to see a home in person. The vision created for the buyer speaks to their lives and places them in the space on a personal level. REALOGICSSOTHEBYSREALTY.COM I 11 206 CITYSCAPES Enhanced by breathtaking views of Mount Rainier, ferries crossing the sound, and the cityscapes themselves, the 206 is a vibrant place to live. Business thrives, as several prominent corporations call these destinations, life in the city can mean reaching great heights at the Space Needle, buying fresh cut flowers and local produce at Pike Place Market, or sipping on a latte brewed at the original Starbucks. areas home and growth continues. Home to iconic Emerald City 12 I The Collection 6 SCOTT WASNER International Realty in Seattle Washington where he has earned the trust and respect of his clients seeking to sell or purchase residential properties. Founding Director | 206.910.1410 | Scott.Wasner@SothebysRealty.com Scott Wasner is a successful and experienced Real Estate Broker of Realogics Sothebyâ€™s discriminating buyers and sellers. He is highly regarded for his business acumen, work ethic, negotiating skills and wealth of experience in negotiating complex real estate transactions for MAKING SEATTLE REAL ESTATE OUR BUSINESS SINCE 1994 The Stroupe Group is known for their stellar Downtown Belltown South Lake Union Capitol Hill Queen Anne Magnolia Ballard First Hill West Seattle Queen Anne Pioneer Square Pike Place Market Green Lake Bellevue success in urban communities within the metropolitan area. They measure success not by another closed transaction, but by helping clients evolve into a new home and community. A passion to understand a client’s needs and a commitment to deliver results beyond expectations motivates the team to be exceptional. They specialize in knowing each market dynamics and offer trusted insights vital for making sound investments in a changing market environment while being sensitive to their evolving lifestyles. The Stroupe Group’s intimate knowledge of Seattle’s unique communities coupled with their innovative marketing, research and honest negotiation offer an advantage to matching clients with their best new home solutions. Buying or selling, the Stroupe Group will unlock opportunities to your next move. THE STROUPE GROUP’S SUCCESS. CONCORD | 14 SOLD ENSO | 10 SOLD 1521 | 10 SOLD OLIVE 8 | 14 SOLD 14 I The Collection NEWMARK | 11 SOLD THE VINE | 13 SOLD where do you want to live? UNLOCK THE POSSIBILITIES The Stroupe Group is the leading downtown real estate team with well over $200,000,000 in sales. Specializing in the in-city marketplace, the group offers the public an extraordinary breadth of knowledge surpassed by none. Led by founder, James Stroupe, and partner Julie Roh, our team of dedicated experts with over 20 years of combined residential real estate experience is consistently ranked as downtown Seattle’s Top Producers. The collective team has sold more in-city condominiums than any other resale broker. BE IN THE KNOW STROUPE SCOOP Subscribe to our monthly newsletter for the latest news and marketing updates that provide detailed information on statistics and trends in the Seattle Metropolitan market. SIGN UP AT FOUNDING DIRECTORS | JAMES STROUPE & JULIE ROH JIM.STROUPE@SOTHEBYSREALTY.COM | 206.910.5000 JULIE.ROH@SOTHEBYSREALTY.COM | 206.354.1030 REALOGICSSOTHEBYSREALTY.COM I 15 THE STROUPE GROUP STROUPE.COM/SUBSCRIBE a monument to art The grounds of one of Britain’s greatest country houses, Chatsworth, the seat of the Dukes of Devonshire, play host to an annual exhibition of monumental sculpture organised by Sotheby’s. R is huge scope for creaTing a dialogue beTween hisToric archiTecTure and gardens wiTh greaT conTemporary sculpTure .” -alexander plaTon MALCOLM COSSONS “There enowned as one of the treasure houses of Great Britain, Chatsworth sits in a secluded valley in the rolling countryside of Derbyshire. Owned by the Dukes of Devonshire for over 500 years, successive generations have gradually restyled the house into the graceful and elegant Italianate building that can still be visited. Successive Dukes, not least the 6th, were also art connoisseurs and collectors, assembling a collection of books, paintings, drawings, sculpture and other works of art to rival any museum. The 6th Duke also com pletely remodelled the gardens in the early 19th century to create the graceful lawns, trees and parkland that can be seen today. Ever y September since 20 06 the grounds of Chatsworth have played host to a selling exhibition of monumental sculptures by leading modern and contemporary artists, bringing a taste of the avant-garde to the manicured gardens. Entitled Beyond Limits the show has been the province of Sotheby’s Alexander Platon since its inception, as he recounts the origins of the show: “We had held a couple of similar exhibitions in the United States at Isleworth Golf and Country Club in Florida. We felt that it was such a great format and there was nothing similar in Europe.” The choice of Chatsworth made perfect sense: “Chatsworth is the ideal location in many ways. Obviously the house and landscape are fabulous, but there is huge scope for creating a dialogue between historic architecture and gardens and great contemporary sculpture. It felt like a continuation of the tradition of collecting and patronage at Chatsworth. So in 2006, we did the first show and it was a huge success and the rest is history.” Over the years, works by artists from Damien Hirst, Marc Quinn and Manolo Valdés to Salvador Dalí and Aristide Maillol have featured in the exhibition. This year sees examples by Fernando Botero, Marc Quinn, Thomas Heatherwick, Tony Cragg, Mario Merz—the list goes on, but diversity is the key to the success of this show. Platon explores this idea further: 16 I The Collection Opposite page: Tony Cragg, Declination This page: Top left: Marc Quinn, Spiral of the Galaxy Below: Fernando Botero, Standing Woman All Images Courtesy of Sotheby’s “Showcasing examples at Chatsworth allows us to keep abreast of what is going on in the world of monumental sculpture, and we try to keep as diverse as possible, showing artists from around the world.” This year also sees a departure with a concurrent exhibition inside Chatsworth entitled Modern Makers. This is a carefully curated show revealing the work of contemporary decorative and applied artists, as Platon explains: “It will be interesting for a visitor to Chatsworth to see how the incredible permanent collections in the house are complimented by the temporary exhibitions Sotheby’s is holding in both the house and garden.” Assembling these mammoth sculptures in one location is also a massive achievement, which starts with imagining where they might sit best in the gardens. “As far as I am concerned, it is great fun”, says Platon. “I approach it from a non-practical perspective. I think about where a sculpture might look at its best as it is crucial to create a dialogue between a piece and the surroundings. Then practical issues come in—we have to make sure we can move the piece to where I envisage it would look good. Sometimes it does not work and I have to look for a new position.” For those who might come to Chatsworth seeking to acquire a piece of sculpture at Beyond Limits, Platon explains seeing the work outside makes a huge difference: “One thing that the exhibition allows to do is to envisage monumental sculptures in the outdoors. Seeing a piece in the elements gives a different perspective and by seeing their scale and being able to interact with the sculptures, buyers can envisage how pieces might appear in their own spaces.” Platon does offer a final thought for prospective purchasers: “As with all artworks people should buy what they like. If there is a sculpture that appeals to them, that is the first step. In that sense the size is irrelevant, but with monumental sculpture, there is the added complexity that once it is sited, it is more or less permanent, so it is crucial to find the appropriate piece for the appropriate space.” Beyond Limits, which takes place every year in the early Fall, is a fascinating chance to encounter works of art in exceptional and unusual surroundings. The exhibition affords visitors, be they collectors or otherwise, the opportunity to experience the vision of world-renowned artists in the setting for which they were created: the great outdoors. For those who might come to Chatsworth seeking to acquire a piece of sculpture at Beyond Limits, Platon explains seeing the work outside makes a huge difference. 18 I The Collection CONTINENTAL PLACE | SEATTLE, WA | $1.7M SOLD SCIMITAR RANCH | ANACORTES, WA | $14M CONTINENTAL PLACE | SEATTLE, WA | $925K KUNDIG STUDIO HOUSE | SEATTLE, WA | $4.495M PRIVATE RESIDENCE | SEATTLE, WA | $929K CONTINENTAL PLACE | SEATTLE, WA | $925K SOLD PRIVATE RESIDENCE | LONGBRANCH, WA | $1.15M MOIRA HOLLEY is a founding director of Realogics Sotheby’s International Realty. Well-respected, and admired for her down-to-earth sensibility, loyalty and confidence, Moira and her team fulfill the most sophisticated and ambitious residential aspirations with discretion, determination and success in selecting and securing the perfect country retreat, waterfront estate, in-city house, condominium or loft. Ranked among the Top 1% of the Region’s most successful luxury real estate brokers, Moira offers expert strategic counsel, negotiation skills,and insightful analysis of critical trends within the marketplace. Contact Moira and her team. Together, you will find that perfect residence which expresses your passion for beauty and balance; sanctuary and style. REALOGICSSOTHEBYSREALTY.COM I 19 GREATEST HOMES Representing Great Homes & Estates CHRIS DOUCET 206.819.4663 | SEATTLESGREATESTHOMES.COM NEW PERSPECTIVES • Enjoy peaceful waterfront views, because you’ve earned it. • Having raised a family, it’s time to downsize. Live the ‘lock and walk’ lifestyle of downtown living. • Eastside living provides great schools for the kids and active golf course living for mom & dad. SEAN NIELSEN SEAN.NIELSEN@SOTHEBYSREALTY.COM 206.909.0622 | URBANSEAN.COM ASHLEY.FLYNN@SOTHEBYSREALTY.COM 253.468.9023 | ASHLEYFLYNNSEATTLE.COM ASHLEY FLYNN & WELCOME HOME HOW DO YOU WANT TO LIVE? SOLD SAN JUAN HAVEN | ANACORTES, WA | $1,350,000 DYNAMIC WATERFRONT LIVING Lifelong residents of the Pacific Northwest with more than a dozen years of real estate successes, Sean & Ashley offer clients a fresh and innovative approach to buying or selling homes as savvy brokers and lifestyle advisors. Drawing upon a passion for golf and interior design, their combined experience with attention to detail and accountability help valued clients achieve their goals in competitive markets. PREFERRED SCHOOL DISTRICTS IN-CITY “LOCK & WALK” LIVING GOLF COURSE COMMUNITIES SOLD LAKEMONT WOODS BELLEVUE, WA | $1,365,000 SOLD MOSLER LOFTS SEATTLE, WA | $1,825,000 SOLD NEWCASTLE GOLF CLUB NEWCASTLE, WA | $1,290,000 REALOGICSSOTHEBYSREALTY.COM I 21 STYLE MEANS NOTHING, UNLESS IT’S PERSONAL Unsurpassed custom style goes like this: You meet with Annette Dresser, one of her certified J.Hilburn Personal Stylists, Unsurpassed custom style goes like this: You meet Annette a or certified J.Hilburn Personal Stylists. You’re precisely measured and a is defined exclusively for you. Then garments made from the finest fabrics you’re precisely measured and a style isstyle defined exclusively for you. Then garments made from the finest fabrics in the world are in the world are delivered directly to your door. Your fit. Your look. Your own personal stylist. delivered directly to your door. Your fit. Your look. Your own personal stylist. Let the compliments begin. Let the compliments begin. spring14_ad_jhilburn_esquire_mech.indd 1 1/18/14 12:07 AM AnnetteDresser.com +1 206 390 4260 | firstname.lastname@example.org James Island is a 780-acre private island prominently situated within Canada’s famous Gulf Island archipelago. The second largest privately owned island within the Gulf Islands, James Island is as rare as it is unique. Steeped in a rich and documented history, the island has had several lives: from agricultural settlement; to an industrial plant and company town; to its present incarnation as an exclusive retreat and a return to much of its natural state. James Island is comprised largely of sand, as compared to the much more common sandstone and bedrock formations of its neighbours to the north & south. This provides James Island with literally miles of white sand beaches, grassy dunes, a diverse ecology and flexibility with respect to infrastructure and building. Situated only a few miles off of Sidney, James Island is in close proximity to Victoria, British Columbia’s capital city, and is easily accessed by private plane or boat. A retreat like no other, James Island compares to only a handful of international properties. Improved with a magnificent 18-hole Jack Nicklaus Signature golf course, the island has been thoughtfully developed to seamlessly blend in with not only its surrounding environment, but also its history. A wide range of improvements complement the island including a masterpiece owner’s residence of 5,000 square feet, 6 beautifully appointed guest cottages, private docks and airstrip, pool house, managers residence, a ‘western village’, and much more. James Island 780-acre private island for sale in british columbia During the last 18 years of ownership the Island has undergone an extensive transformation through a dedicated and directed environmental and ecological program that has provided for the protection of over 150 acres (20%) of rare and unique ecosystems. The result is a meticulously planned and protected private island retreat that would be impossible to re-create anywhere today. Scott Piercy & Jim LeBlanc email@example.com 1.866.599.3933 luxurybchomes.com vancouver · victoria · whistler · toronto · montréal sothebysrealty.ca Sotheby’s International Realty Canada, Independently Owned and Operated. E.&O.E.: This information is from sources which we deem reliable, but must be verified by prospective Purchasers and may be subject to change or withdrawal. REALOGICSSOTHEBYSREALTY.COM I 23 Carrie & her team have built and continue to maintain a strong reputation amongst discerning clientele, which include athletes, musicians, developers and business officials. Carrieâ€™s career has included top sales for some of the areaâ€™s most prominent communities including Four Seasons Private Residences, Harvard & Highland and The Sanctuary along with many distinctive single family residences throughout Seattle and the Eastside. SAVVY PRIVATE DISCERNING THE SANCTUARY | SEATTLE, WA OVER $12 MILLION | SOLD OUT NEW CONSTRUCTION SPECIALISTS CARBON 56 | SEATTLE, WA NOW SELLING | FROM THE LOW $300’S THE MODERN | SEATTLE, WA NOW SELLING | $899,000 CARRIE DEBUYS & RIC DIEU CARRIE.DEBUYS@SOTHEBYSREALTY.COM | 206.551.0555 RIC.DIEU@SOTHEBYSREALTY.COM | 206.618.3883 CARRIEDEBUYS.COM are the in-city condominium specialists and are experts with market fundamentals, selling strategies and award-winning marketing solutions that deliver winning results. Let Carrie & Ric assist you in your next new home search today. REALOGICSSOTHEBYSREALTY.COM I 25 F ind your home in the city. Carrie DeBuys and Ric Dieu have over two decades of multi-family new construction experience and specialize in representing distinctive properties from Downtown Seattle to Bellevue and beyond. They Seattle Luxury REPRESENTING EXTRAORDINARY PROPERTIES AT ALL PRICE POINTS The opportunity of a lifetime! Priceless panoramic views of Downtown Seattle, Mount Rainier, Puget Sound and the Olympic Mountains. Perched atop Queen Anne’s south hill, 111 West Highland Drive is one of Seattle’s premier condominiums. This offering includes two units, 9E and 9W, each with more than 2,500 square feet. Purchase separately or combine both together to create your own dream home with the best views in Seattle. EASTLAKE FLOATING HOME Stunning south facing 2 bedroom floating home with owned moorage in one of Seattle’s best houseboat communities on Eastlake. Open living room, dining room & kitchen with lake views & a large entertainment deck. Master bedroom and a unique sleeping loft with balcony & Downtown/Lake Union views. SEATTLE, WA | $825,000 SEATTLE’S ULTIMATE PENTHOUSE (FEATURED LEFT) Offering two units with once-in-a-lifetime Seattle views. 9E includes 2,764 square feet and 3 bedrooms, 3.25 bath. 9W is 2,592 square feet with 2 bedrooms, 2 bath. Purchase individually or together. SEATTLE, WA | 9E - $2,400,000 | 9W - $2,600,000 COMBINED - $5,000,000 KIRKLAND LUXURY ON THE LAKE Rare 75 feet, no bank waterfront a few short minutes from Downtown Kirkland. 100 foot dock with boat lift and 40 foot boat slip. Enjoy 4,475 sf of graceful luxury living with a fantastic media room, 4 bed/3.75 bath, and relaxing lower level guest suite. KIRKLAND, WA | $3,300,000 ENRICO POZZO ENRICO.POZZO@SOTHEBYSREALTY.COM 206.790.7874| SEATTLEBYDESIGN.COM BARRY.BERGNER@SOTHEBYSREALTY.COM 206.769.2958| SEATTLEBYDESIGN.COM REALOGICSSOTHEBYSREALTY.COM I 27 & BARRY BERGNER TRENDS FOR THE By Amanda Westby he largest category within the U.S. population, the Millennial is changing the face of business as we know it. By 2017, Generation Y will comprise the majority of spenders, and we’re seeing owners, developers, investors, and the like shift their eyes toward this substantial demographic by diversifying strategy to account for their increasing economic influence. So what drives this influential sector? From lifestyle to the workplace, it’s an experiential mantra: Millennials crave brands that foster personal connection, promote dialogue, and push the envelope, often through technological innovation. Seattle-based Nelson Yong, Partner at ReignLabs, weighs in. T WHAT’S DRIVING THE LIFESTYLE OF THE “ME” GENERATION TECHNOLOGY & THE STOREFRONT Generation Y is more comfortable spending money on their mobile devices than any other, so many are asking, what does this mean for the future of the storefront? For many, it means marrying technology, concept, and experience. Shops such as Hointer in Seattle are changing the in-store experience as shoppers view clothing displays, scan codes using a smartphone, and wait for items to arrive at their dressing room door with rapid speed. The Burberry flagship location also has a unique approach, as salespeople can access client preferences and spending habits at the swipe of a finger and RFID chips interact with mirrors to suggest other relevant content to the consumer. WORKPLACE CHANGES MOZ In the workplace, the value of the individual office declines as open floor plans with amenities such as “game rooms” that foster brainstorming sessions are favored. Progressive landlords and tenants are paying attention and reacting accordingly, as companies like Moz (which increases SEO for its clients) cater to the experiential needs of Millennial employees by bringing ping-pong tables, activities, and more to the office. Yong described the success of collaborative workspaces including MAKERS and WeWork, that “allow entrepreneurs to be more connected and empowered,” and shared excitement of a future space in Kirkland called Remote. VACATION HOMES Travelling Millennials often rent homes while traveling, a decision made easier by user-friendly websites such as Airbnb, which flawlessly facilitates the temporary rental of luxury homes worldwide. Yong adds that these sites speak to the fiscally hesitant Millennial, who is urged by a post 2008 discernment to “try it before they buy it.” SOME BRANDS WILL GET IT RIGHT & MAKE A KILLING. -Nelson Yong, Partner at ReignLabs NEW TECHNOLOGY URBAN LIVING A desire to live, work, and play in close proximity means Millennials prefer urban locales. Even those outside the city crave a sense of “urbanity,” a trend reflected in new construction both in and out of downtown areas. Cities are accommodating with permanent and mobile businesses; from “pop-up” shops to top-rated food trucks where dishes ranging from Marination Mobile’s miso ginger chicken tacos to pulled pork sandwiches topped with Beecher’s Flagship cheese courtesy of Maximus/ Minimus are steps away. In terms of technology, innovation continues, from the growing tablet industry to 3-D printers and smaller acquisitions, such as Mathieu Lehanneur’s Boom Boom. A geometric speaker, its variety of uses speaks to the Millennial demographic: it can be played in virtually any position, engages with the user, and can even be used as a speakerphone. Yong sees a multifunction future where the cell phone replaces our wallets, car keys, and the like. A trend Yong calls “apropos,” given the “large number of technology companies dwell here.” “ F “ EXPANDING SOCIAL MEDIA As mobile interfaces become the norm, communication online continues to expand. Innovative websites such as FWx, a Food and Wine experience where “foodie” and lifestyle converge, pairing quirky, share-able content with seamless user participation pushed to another level: users can nominate themselves or other artists to “doodle” on the logo using a hash tag. Yong adds that social media is a force in the workplace too, with “the emergence of job descriptions like social media manager.” IT DOESN’T SEEM POSSIBLE, BUT JUST WAIT. FWx rom smartphones and social media, to urban living and workspaces, to shopping habits and recreation, changes that thrive on the experiential mantra of Millennials and innovate or incorporate technology are commanding attention and changing the face of business as we know it. Changes that will only be amplified as more diversification to reflect their economic influence takes place and we continue to welcome a Millennial future. REALOGICSSOTHEBYSREALTY.COM I 29 PROUDLY REPRESENTING ALL PRICE POINTS & PROPERTY TYPES QUEEN ANNE THE QUINTESSENTIAL IN-CITY ADDRESS Yvonne and Shannon’s residential expertise has assisted hundreds of top clients to find their next dream home; from relocating to the Gates Foundation or to Highland Drive, their breadth of experience and white glove service offer just that perfect touch that every client is looking for. This commitment to excellence is demonstrated by this firm’s responsibility for over $30 million in homes sold on Queen Anne during the past five years. SHANNON VALLENTYNE & YVONNE LINDBOM SHANNON.VALLENTYNE@SOTHEBYSREALTY.COM | 425.417.8060 YVONNE.LINDBOM@SOTHEBYSREALTY.COM | 425.681.1704 DREAMTEAMSEATTLE.COM 30 I The Collection CARLSWALD ESTATE | R5,249,000 MIDRAND, GAUTENG GLOBAL PERSPECTIVES THAT BROADEN YOUR VIEW DAINFERN VALLEY | R16,000,000 JOHANNESBURG, GAUTENG ESCALA | $729,000 SEATTLE, WASHINGTON S ince 1983, Denise Seavitt has created a successful track record as a top real estate agent and consultant in the Pacific Northwest. She has consulted on real estate investments throughout the United States, Jamaica, Germany and South Africa as well as being a part of a business development group networking to China. Her responsibilities have ranged from property acquisition, financing, design, marketing and sales. Her success is due to her ability to assemble unified teams from various disciplines to insure a pro-active and profitable investments. DENISE.SEAVITT@SOTHEBYSREALTY.COM 206.841.8788足足 | DENISESEAVITT.COM 足 REALOGICSSOTHEBYSREALTY.COM I 31 SPECIALIZING IN NORTH PUGET SOUND COMMUNITIES BETWEEN SEATTLE & EVERETT TALBOT PARK CRAFTSMAN | EDMONDS, WA | $750,000 SOLD STILLCHUCK RIVER RETREAT | $725,000 BOB WOLD BOB.WOLD@SOTHEBYSREALTY.COM 206.550.0790 | EDMONDSREALESTATE.COM JIM.WOLD@SOTHEBYSREALTY.COM 425.530.2700 | EDMONDSREALESTATE.COM & JIM WOLD CONTINENTAL PLACE #1803 | SEATTLE, WA | $475,000 SOLD CONTINENTAL PLACE #1506 | SEATTLE, WA | $735,000 ANTON KRIVENYSHEV ANTON.KRIVENYSHEV@SOTHEBYSREALTY.COM 206.412.3143 32 I The Collection “ Aligned with Seattle’s top broker Moira Holley, Anton offers a breadth of experience with discerning clients whether relocating to the city or moving out to the privacy of an expansive dream home. Whether it’s a high-rise condo, a waterfront estate or cozy bungalow, I have the expertise to assist you. “ ALEX.HAYES@SOTHEBYSREALTY.COM 206.605.1601 | ALEXHAYESHOMES.COM ALEX HAYES EXCEEDING EXPECTATIONS DELIVERING RESULTS. Caring deeply for her buyers and sellers, Alex actively listens to their needs and is committed to providing a positive real estate experience. Alex exudes warmth, enthusiasm and a willingness to work tenaciously to advocate on her clients’ behalf. Prior to launching her career in real estate, Alex managed special events and projects for corporate and private clients located in Los Angeles, Manhattan, Paris, Washington D.C. & Seattle. She understands the unique challenges and emotions involved with opening the right doors and opportunities for a positive outcome. As a breast cancer survivor, Alex is an active long-term volunteer supporting Gilda’s Club Seattle; she can be seen modeling in the 2014 Surviving with Style Fashion Show. Equally matched is the passion she demonstrates for rescuing animals. Supporting the Seattle Animal Shelter for multiple years, she has been involved with the Furry 5-K race in multiple roles. SOLD SEATTLE, WA | $899,000 Gilda’s Club Seattle ensures that no one has to face cancer alone. The Club provides a free program of services for men, women, teens and children living with cancer - building social, educational & emotional support. Alex exceeded our expectations from start to finish and our home sale went smoothly. It was so nice to know that we were in good hands, and we could see how much she genuinely cared about us and our family. -Dr & Mrs. J Thomas Grayston “ “ REALOGICSSOTHEBYSREALTY.COM I 33 Mortgage lenders that will move you ife is a journey and change is a reality. Today 64.8% of Americans own a home and many face decisions about relocating out of their current residence. Navigating the road of selling or renting the existing home and buying the new one can prove to be complex. Lending guidelines and a competitive real estate market make it very important to plan ahead when contemplating that next step. Whether you’re moving up to a larger home, investing or downsizing, understanding your options and opportunities is pivotal for a rewarding transaction and a smooth transition. We’re here to help! L Pictured above (left to right) Cobalt Mortgage Brokers: NANCY GLOVER 206.227.2462 MLO – 107826 KEITH LASHLEY 425.974.6989 NMLS ID#505341 CARESE BUSBY 425.785.5168 NMLS ID#619429 Preferred Lender of Realogics Sotheby’s International Realty Equal Housing Opportunity | Washington Consumer Loan Company License NMLS #35653 | 11255 Kirkland Way, Suite 100, Kirkland, WA 98033 | NMLS Unique Identifier: 35653. Arizona Mortgage Banker License #0909801. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. Licensed by the Colorado Department of Regulatory Agencies in Colorado state. Idaho Mortgage Broker/Lender License #MBL-5220. Louisiana Residential Mortgage Lending License #35653. Michigan Mortgage Broker/Lender/Servicer Registrant #FR0018706 & #SR0018730. Minnesota Residential Mortgage Originator License #MN-MO-35653. Montana Mortgage Lender License #35653. Nevada Mortgage Banker #3723, Nevada Mortgage Broker #3725. New Mexico Mortgage Loan Company License #03587. Oklahoma Mortgage Broker License #MB002202. Oregon Mortgage Lender License #ML-2991. Texas SML Mortgage Banker Registration. Utah-DRE #8220471. Washington Consumer Loan License #520-CL-48866. Wyoming Mortgage Lender/Broker License #2315. Ticket #2014052810000886 What’s trending in lending... 2.0 RENT VS. BUY 1.0 MOVING UP Is it time for a newer place, better view or shorter commute? More and more clients are exploring their purchasing power now that optimism has returned. We can help you evaluate your range of opportunity so let’s go house hunting! Wondering what your lease payment could do in a mortgage? Rising rents and low interest rates are making buyers out of tenants every day. We’re experts in considering the tax benefits and comparing your options! 3.0 LIST OR LEASE Ready to move on but not sure if you should rent or sell the current abode? Becoming a landlord is one thing but knowing the implications on your next mortgage is another. We partner with brokers to assess values and run scenarios! 4.0 EMPTY NESTING OUT WITH THE OLD, IN WITH THE NEW The kids have flown the coup so what’s next? Perhaps it’s time to downsize or buy that second home in the desert. Only 17% of Americans are confident they have the funds to retire so let’s factor that into the game plan! 5.0 EXPANDING HORIZONS Feeling priced out the city limits? If you can spare the time, check out property a little further out where prices haven’t rebounded as quickly. You could stretch out on more property while reducing that payment – we can show you how! 6.0 URBAN LOCK ‘N GO Are the bright lights of the city calling your name? Condominium lending is unique depending on the format of the building, the status of the Home Owner’s Association, and the resident profile, etc. We’re in-city experts and soon you will be too! REALOGICSSOTHEBYSREALTY.COM I 35 LAKERIDGE VIEW ESTATE | SEATTLE, WA | $749,950 BROWN’S POINT VIEW TUDOR | TACOMA, WA | $448,888 NANCY.KLINCK@SOTHEBYSREALTY.COM 206.890.7032 NANCY KLINCK Nancy has been a professional in the Real Estate Industry for several years, closing over $75,000,000.00 in Real Estate transactions. She is known for providing exceptional customer service which is the core of her business’ success. Nancy proudly represents Commercial, Relocation and Residential properties. SPECIALIZING IN THE LUXURY LIFESTYLE THROUGHOUT GREATER SEATTLE RICK MAYNARD RICK.MAYNARD@SOTHEBYSREALTY.COM 206.399.9911 As a lifelong resident of the Northwest, and a 2nd generation broker who has grown up in the real estate industry, Rick has a keen understanding of the greater Seattle area and the local real estate market. With over twelve years of residential real estate experience Rick is uniquely positioned to understand the dynamics of the local market place for savvy investments and help you find your first home, dream home, or retirement nest egg. 36 I The Collection 110% BROKER CARE Building Better Brokers DESIGNATED BROKER CHAD ZINDA Chad’s leadership is an essential component of this firm. His daily mission is to grow all facets of a broker’s business. SHELLEY CRIBBY Putting The Team First KIRKLAND OFFICE MANAGER ANDREA SAVAGE Our Secret Sauce MARKETING DIRECTOR Shelley gives it all for her brokers - no one escapes Shelley’s big heart and her passion for the team. Andrea is a marketing genius who makes brokers look better than they ever thought possible. JESSE PHILLIPS Design Diva SENIOR DESIGNER MARILYN TURNER The Brand’s Best BAINBRIDGE ISLAND OFFICE MANAGER A flair for fabulous design and innovative ideas, she thinks she works in an ad agency. Savvy, stylish and the best in the biz, Marilyn is the foundation of the firm and an anchor on the island. DEEDEE WILSON A Fresh Perspective KIRKLAND BROKER CARE BRYAN CLOTHIER Service with a Smile SEATTLE BROKER CARE MIKE GARRETT Leading by Example KIRKLAND MANAGING BROKER WEEKEND BROKER CARE CAMERON ALAVI TECHNOLOGY DIRECTOR SARAH JOHNSON KIM GAZES AMANDA WESTBY LISA VILLARREAL TRANSACTION COORDINATOR THE EXCHANGE IYNA CARUSO What’s New in the World of Travel, Style, Art & Design, Wine and Leisure RELAXATION For those used to the lap of luxury comes the Kocoon Loveseat from French designer Daniel Pouzet. Ideal for intimate lounging by the pool or on the deck of a yacht, the canopied lounge is sexy, sophisticated and ultra comfortable. $9,600 sifasusa.com SPIRITS A limited edition of 22-year-old Macallan single malt scotch whiskey has aficionados buzzing. It is the distillery’s first-ever whiskey to be aged in American Sherry Oak and comes paired with a sophisticated high tech flask that was five years in development with Oakley, the sunglasses company. This is one flask too stylish to be hidden in a jacket pocket. The run is limited to just 400. $1,500 themacallan.com ART Sometimes a frame is as prized as the art it holds. The Lowy Frame and Restoring Company has an inventory of more than 5,000 antique frames--the world’s largest. Clients include the Metropolitan Museum of Art, Sotheby’s and private art collectors. An example? A late 19th century gold-gilded grille-panel frame designed by famed architect Stanford White. $100,000 lowyonline.com 38 I The Collection TRAVEL On the east coast of Sicily, set amid lush lemon orchards, the luxury villa of Don Arcangelo all’Olmo dates back 400 years when it was part of a wineproducing estate. Today, the 12-room residence, available through the villa rental firm of Think Sicily, is one of the finest homes available for holidaying on the island. A heated pool overlooks the sea and Mount Etna, Europe’s highest volcano. The villa comes with a private chef, waiters and maid service. $31,320-$50,890 weekly thinksicily.com EPICUREAN The five-star lebua hotel in Bangkok, Thailand, may be one of the city’s most luxurious properties, but it is the Oak Dessert special at its al fresco restaurant, Sirocco, that deserves bucket-list consideration. The dessert from Executive Pastry Chef Gilles Delaloy is the world’s most expensive: a three-course culinary indulgence, each course paired with a specialty wine or cognac. $825 lebua.com JEWELRY The Contour 18K gold and diamond bracelet from the collection of Diana Vincent is emblematic of her designs: modern, fluid and elegant. Vincent established herself as a top American jewelry designer. Her pieces have been spotted on the red carpet and exhibited globally in museums. $28,000 dianavincent.com RECREATION The new Alva+ electric bike is designed by a German engineering team to be put through its paces. The e-bike features both pedal-assist and throttle power on demand. It’s a ride of style and comfort, reviving up to a maximum speed of 24 mph. $3,399 wearea2b.com HAUTE DESIGN The Veneto pedestal sink by Stone Forest is inspired by classic Italian design. The barrel-shaped vessel is carved from a single block of onyx giving it a sculptural form. The vessel can be lit from within to enhance its luminosity. Because of the natural variations of color and veining from block to block, each vessel has a bespoke quality. $6,890 stoneforest.com REALOGICSSOTHEBYSREALTY.COM I 39 425 EASTSIDE On the Eastside, recreation, art, dining, and shopping converge in downtown areas to give suburbia an â€œurban feel.â€? Not only do business and culture thrive, these premier communities are esteemed for their top-rated schools, wealthy zip codes, and sumptuous golf course communities. These neighborhoods are likewise never short on recreation and activities that excite, from art walks to seasonal celebrations that speak to each Eastside locale. 40 I The Collection THE FINE ART OF EASTSIDE LIVING Suzanne loves the fine art of real estate, the satisfaction of matching someone with the perfect home that makes their dreams come true. Her commitment to excellence, attention to detail, outstanding marketing campaigns, strong negotiations skills and above all else - putting her clients’ satisfaction first have earned her the trust of her clientele. “Being a real estate professional means more than selling homes. It’s about you, your hopes and your dreams, and enhancing your quality of life.” SUZANNE.SINGLETON@SOTHEBYSREALTY.COM 425.761.7007 | SUZANNESINGLETON.COM A step forward BELLEVUE I CLYDE HILL I MEDINA I HUNTS POINT I YARROW POINT I MERCER ISLAND I KIRKLAND As a long-time Eastside resident and broker observing increasing international interest in our community, I am pleased to announce my arrival as a Senior Global Real Estate Advisor with Realogics Sotheby’s International Realty. My appointment follows two decades with Nordstrom (including five years in Asia) and fifteen years in luxury real estate throughout the Eastside. I am already known for my discreet service, as well as unparalleled market knowledge and extraordinary marketing. Now I offer true global representation to benefit my valued clients. WHAT YOU MAY HAVE NOT KNOWN ABOUT BELLEVUE #1 “City for Entrepre评为“全美排名第 一的企业家之城” neurs in USA” – Forbes 2008 被福布斯2008 “Washington’s Most Diverse City” – Seattle Times, October 2009 (one of three residents is foreign born) 被西雅 #1 “Best Places to Live and Launch” – Fortune Small Business, April 2009 被财富小商业 杂志2009年4 月刊 评 为“生活和创业的最 佳地“ It is estimated that 75% of Bellevue’s population and employment growth will occur in downtown Bellevue 我们预计，百 图时报2009 10月 评 为“华盛顿州最多元 化的城市” 分之75 的人口增长和 雇佣率的增长，都 将 会出现在贝尔维尤市 中心。 According to Newsweek, all five of Bellevue’s public high schools rank in the top 100 of the nation (3 in the top 20) 据 “新 闻周刊”排名，所有 贝尔维尤公共高中排 名皆位于全美前一百 强（其中有三所排在 全美前20)。 42 I The Collection A top-producing Realtor® in King County, Becky Gray is recognized both for her professional sales achievements and for her philanthropy. In addition to her broker appointment with Realogics Sotheby’s International Realty she will serve on the firm’s Brand Development Council as a representative to cultivate corporate growth in the local markets she serves. BECKY GRAY BECKY.GRAY@SOTHEBYSREALTY.COM 206.605.1927 | EASTSIDEGLOBALADVISOR.COM O COMING SOON Plus Investment’s Mixed-Use, High-Rise Development in Downtown Bellevue, Washington in the United States. A world-class, mixed-use project is in planning for a key site in downtown Bellevue east of Seattle. The developer, an affiliate of Plus Investments Inc., will fund the project in part with foreign capital and hopes to introduce a new international class of development comprising flagship retail, a full service hotel, luxury apartments and sky-high condominiums. 在上升 N THE RISE n the wake of the global credit crunch of 2008 and the economic recession that followed, the pipeline for high-rise condominiums was effectively shut down across the US. For years buyers sat on the sidelines, construction lenders tightened their purse strings and developers focused on selling their existing inventory instead of planning new buildings. But as market fundamentals improved so did consumer confidence giving rise to a new cycle of developers willing to step out, often times without construction lenders. Today they are introducing exciting new residences in first tier, gateway markets like New York, Miami, Seattle, San Francisco and Los Angeles. And that’s welcome news to brokers and buyers alike. CONDO COMEBACK - A NEW DEVELOPMENT BY JESSICA MELIN CYCLE BEGINS IN GATEWAY CITIES. I “At the peak in 2008 downtown Seattle had eighteen projects under construction representing more than 2,500 new condominium units,” said Dean Jones, Principal of Seattle-based Realogics Sotheby’s International Realty. “Today less than 1-percent of that developer-owned inventory remains available and we’re in need of new product. The story is the same in many top tier cities throughout the US.” Developers are finally playing catch up but when it comes to high-rise development Jones suggests demand can rise much quicker than the supply. He says Seattle’s in-city housing market has been particularly strong given the meteoric job growth in the city. Corporate expansion at companies such as Amazon is drawing thousands of new residents for high-paying jobs there. There’s an unprecedented boom of high-rise apartment buildings underway but Jones says it’s almost exclusively for rent. “The only funding for new development has been Real Estate Investment Trusts (REIT’s) and pension funds, which typically won’t loan on speculative for-sale development,” adds Jones. “There are thirty new residential projects under construction yet only one is for sale. Ownership is being underserved and the market is escalating because of the supply and demand imbalance.” That lone development called Insignia is being built by Bosa Development, a developer known to have a great sense of timing. The Vancouverbased developer was among the first to invest in downtown San Diego during the last cycle and recently rebooted San Francisco’s for-sale, urban housing market. Now they say it’s Seattle’s turn. ALL IN – Developers are increasingly willing to work around conventional lending challenges in order to break ground on the next cycle of high-rise condominiums as with 1321 Seneca Street in downtown Seattle proposed by Lowe Enterprises who partnered with a foreign mutual fund. REALOGICSSOTHEBYSREALTY.COM I 45 O STANDING TALL JDS Development Group is developing 111 West 57th Street overlooking Central Park in New York City. The skyscraper is anticipated to set new heights both in terms of elevation and property values. Recently completed, ONE57 is shown on the left as developers define a new gold coast on the island of Manhattan. 46 I The Collection N THE RISE Presales are not just for locals – they’re increasingly global. Kevin Brown, a Senior Global Real Estate Advisor for Sotheby’s International Realty in Manhattan made headlines when he confirmed one of his presales in ONE57 tower was to a Chinese family who bought the $6.5 million condominium for their two-year-old daughter hoping she will one day attend a top-ranked university in the area. “It’s a more common occurrence than one might think,” says Brown. “If you have the means why not build equity within a rising market? We’ll have no problem leasing out the home for considerable sums in the interim. So in this case, our buyer is positioned for a great education and a great investment as well.” Brown says prices are typically higher upon completion. Case in point, he’s brought multiple offers to his Chinese clients to sell at prices up to fifty-percent higher than what they paid during presale. So far the answer is no. “I suppose patience does pay,” muses Brown. “By the time a project is delivered, it’s almost always sold out. Those wanting instant gratification are typically willing to pay more.” CONTINUED “We’re fortunate to have the leadership, vision and resources to move forward at the speed of opportunity – that’s our trademark,” says Mark Sager, Director of Community Development for Bosa Development. “Our buyers will be moving into their homes when most other developers will break ground. We believe in building value with our homebuyers.” Bosa Development started construction on Insignia in 2012 without a construction lender and will deliver their first of two towers in mid2015. They’ve already completed their first postrecession project in San Francisco called Madrone, which is now completely sold out. Other developers are eager to enter the market and they’re willing to use all cash if need be. Lowe Enterprises will soon break ground on a 169unit condominium tower at 1321 Seneca Street in downtown Seattle. To do so they’ve aligned with Alecta Real Estate USA, a subsidiary of Alecta, Sweden’s largest mutual pension company managing approximately $88.2 billion in assets. “These developers understand that not everyone wants to rent – buyers are back,” says Jones. “Job seekers may choose to rent for a year or two but rising rents and historically low interest rates are making condominium ownership increasingly attractive. Besides, buying in presale oftentimes means preferred pricing and the opportunity to personalize your home. We’re also seeing a return of purely discretional purchases such as second homes, alternatives to student housing and investor sales.” OVERSEAS OVERVIEW Angela Wong and Dean Jones are shown here presenting US real estate opportunities during a seminar in Shanghai. The trade delegation also visited Beijing and Hong Kong drawing scores of prospective buyers. With presales you need to be ahead of the curve. Brokers often travel to Asia to promote upcoming projects in the pipeline, sometimes with nothing more than a vision and an address. Almost all inventory delivered during the last development cycle, such as Fifteen Twenty-One Second Avenue (shown above) is sold out and only resales are available at higher prices today. For example, Brown became a top-selling broker at the Baccarat Hotel & Residences in New York City, because he believed in Barry Sternlicht – founder of Starwood Resorts & Hotels, W Hotels and the expanded St. Regis Hotel Group. “It’s not his first project so you need to have a little faith,” adds Brown. “The developer has much more at risk than the buyers do. Reputation is everything and in my experience, most developers will go to great efforts to satisfy a customer. It’s my job to ensure that.” Angela Wong agrees. As Vice President, International Marketing/Asia, based in the Los Angeles area with Ewing and Associates Sotheby’s International Realty she represents overseas buyers acting as their eyes and ears throughout the process. She’s led trade missions into Asia to promote projects such as the W Hollywood Residences in Los Angeles. Sometimes buyers purchase without first visiting the project. “I personally vet these developments before taking them to my clients,” says Wong. “That’s why we’re trusted the local experts, worldwide.” MARKET MAKER - Insignia in downtown Seattle features 707 luxury condominiums and will deliver the first tower (on the left) by mid-2015 – more than two years before other for-sale developments are anticipated to arrive. NEW CONDO CONSTRUCTION & SALES For priority presale information, contact Chad Zinda 206.579.4939 or email firstname.lastname@example.org PINCHED PIPELINE – The graphic above depicts the volume of new construction condominium inventory in downtown Seattle in its year of substantial delivery. With no new deliveries for five years and effectively no remaining product to purchase, brokers say presale buyers are waiting for the next wave of new developments. REALOGICSSOTHEBYSREALTY.COM I 47 1 Lynn has been dedicated to giving back to her community through a wide range of non-profit organizations including Eastside Friends of Children’s Guild for Seattle Children’s Hospital, Eastside Baby Corner, YES and Pacific Northwest Friends of FSH Research. She has been active with KITH since 1995 and is currently VP of the Board of Directors . Lynn is an advocate for the homeless, and often offers her spare time to assist homeless families in need. 2 1 2 3 4 5 SOLD REDMOND | $1,150,000 KIRKLAND | $3,300,000 SOLD KIRKLAND | $1,600,000 SOLD KIRKLAND | $1,850,000 ISSAQUAH | $1,799,000 4 5 3 BEST IN CLASS TEAM SANBORN LYNN SANBORN 206.227.5966 MICHAEL DEDONATO 425.890.3127 & L ynn Sanborn is a passionate residential real estate professional with more than 20 years of experience in connecting people with distinctive properties. Experience, knowledge and dedication are the foundation of the qualifications Lynn brings to every transaction. Her commitment to excellence, attention to detail, creative marketing, strong negotiation skills and above all else — putting her clients’ satisfaction first have earned her the trust of her clientele. For 7 years running Lynn has been voted locally as a Five Star Professional by Seattle Magazine. Lynn loves the satisfaction of matching her clients with their perfect home; making their dreams come true. E A S T S I D E L I F E S T Y L E.CO M Awarded BEST OF KIRKLAND Real Estate Agent REALOGICSSOTHEBYSREALTY.COM I 49 TAM O’SHANTER - BELLEVUE’S BEST KEPT SECRET Located between Bellevue and Redmond Washington, with sweeping views of Lake Sammamish and the Cascade Mountains Tam O’Shanter is one of the most sought after communities to raise a family. MARY JO FAHEY MJ.FAHEY@SOTHEBYSREALTY.COM 425.269.3424 As a Tam ‘O Shanter resident for nearly thirty years it comes as no surprise to me why buyers are looking in our area; from the beautiful golf course to the family oriented park and playground, this community is truly a desirable place to call home. MERCER ISLAND COTTAGE | MERCER ISLAND, WA | $2,195,000 A house is just sticks and bricks...it’s the people inside that make it count. “ STEVE.RIZIKA@SOTHEBYSREALTY.COM 206.280.7987 | SUNNYNWHOMES.COM STEVE RIZIK A Working with a team of mortgage, inspection, title, and construction professionals, Steve Rizika’s clients love his down to earth, patient style and consistent ability to exceed expectations. 50 I The Collection “ MIKE.GARRETT@SOTHEBYSREALTY.COM 206.390.6057 | MIKEGARRETTASSOCIATES.COM MIKE GARRETT Mike is a highly successful residential professional with over a decade of real estate experience. Mike has set himself apart as one of the most knowledgeable agents who knows how to navigate in a very dynamic and changing marketplace. EASTSIDE EQUESTRIAN LIFESTYLE SAMMAMISH EQUESTRIAN ESTATE Treat yourself to 2.5 acres of suburban oasis in the heart of the Sammamish plateau! Private drive leads to this memorable home. Well appointed kitchen with custom island and spectacular mountain views. French doors open onto an expansive deck ideal for entertaining or relaxing at the end of a busy day. SAMMAMISH, WA | $895,000 KIMBERLY.MILLER@SOTHEBYSREALTY.COM | 206.550.7999 Kim Miller prides herself on offering her clients incomparable service and exceptional professional expertise with over a decade of real estate experience. Her primary focus is exceeding her clientsâ€™ expectations - every time. A Northwest native, Kim has lived and worked on the Eastside her entire life, where the heart of her business resides. REALOGICSSOTHEBYSREALTY.COM I 51 DISTINCTIVE. TIMELESS. INTEGRITY. sophisticated green standards and quality construction in an extraordinarily convenient way to make life simpler and healthier. Blu Homes was founded with the goal of making better homes for American families—better built, better to live in and better to maintain. Let Vicki walk you through the process, from finance to move-in – and design your dream home today. V icki is a representative of Blu Homes – modular prefab home builder that offers inspired modern designs, As featured on the inside front cover. Representing Properties of all Price Points. VICKI425.COM 52 I The Collection CLIENTS BUILT OVER A LIFETIME Vicki Jackson has cultivated valuable insights in the real estate market through nearly two decades of real estate experience. Vicki is known for her exceptional ability to assist clients through all facets of their transactions and staying in contact well beyond the close of escrow; resulting in the list of “Forever Satisfied Clients”. VICKI.JACKSON@SOTHEBYSREALTY.COM 206.930.8956 | VICKI425.COM RESIDENTIAL | COMMERCIAL | LAND | VINEYARDS | FARM | RANCH BETTER TOGETHER BROKER PARTNERS WITH LUXURY BRANDS TO BUILD RESULTS JASON.GIBBONS@SOTHEBYSREALTY.COM JASON GIBBONS 425.890.7143 Email Jason to receive the newsREAL. A monthly newsletter with updates on the local market, upcoming events, and current inventory for both sale and lease properties. newsREAL: One Carillon Point, a luxury condominium valued at $3,570,000 on the Kirkland waterfront hadn’t seen much activity in nearly a year. The answer for many brokers would be to reduce the price but Jason preferred to add value instead. His solution was to sell the entire lifestyle by creating a fun and educational event for top brokers and their clients. Gibbons went beyond the typical approach of merchandizing the home itself and attracted a showcase for luxury living involving local yacht broker Roderick Roy, Park Place Motors, CPC Cellars and Carillon Point’s famed Beach Café. Before long more than fifty guests were previewing the latest supercars from Aston Martin, sipping fine wines, noshing on delectable treats and viewing gorgeous yachts from the marina next door. Not only did each partner garner meaningful product placement but Gibbons sold his listing at 98% of his asking price as did another broker in the building following the event. Jason is an absolute master at aligning the interests of multiple marketing partners and ensuring everybody benefits. He knows luxury real estate requires more than selling a home as he’s inspiring a lifestyle. Sometimes you need to create the demand. -Roderick Roy, Yacht Broker SOLD ONE CARILLON POINT | KIRKLAND, WA | $3,500,000 54 I The Collection LOCAL YACHT BROKER WITH RODERICK ROY BY ANDREA SAVAGE AS So how is the market trending for yachts these days and how might that compare to other popular port cities like Newport, CA or Miami, FL? AS What is the greatest challenge in your industry and how might that parallel with what’s happening in real estate? RR RR Yacht sales began recovering after real estate did so there are still some great resale opportunities out there. The Puget Sound region actually has the highest rate of boat ownership per capita in the US. It’s easy to see why with all these beautiful lakes and waterways to explore. Do you find many new buyers entering the market because they relocated here from another state or overseas? Homes and yachts both experience cycles. After more than five years of holding back, the economy has returned and consumers need to be reminded that this lifestyle exists. A native of Fiji, Roderick operated his family boating operation offering water sports, big game fishing, island hopping, PADI scuba diving and dolphin watching in paradise. His love of the water eventually manifested into representing luxury sport boats and yachts for 10 years including international brands Azimut, Baja, Carver, Marquis, Princess, Sunseeker, Pershing and Rodman to name a few. His personalized service includes selection, inspection, transaction, transportation, training and of course, hosting the ‘bon voyage’ party. AS RR Yes, they may actually be my favorite clients. It takes a specialized approach to entertain, train and service new boat owners. I help them understand their options and opportunities so they can enjoy the appropriate vessel and sales process. That’s the only way to earn repeat business. I’ve helped clients that started with a ski boat and later traded up to a mega yacht. RODERICK ROY | 425.736.4867 REALOGICSSOTHEBYSREALTY.COM I 55 The Best of Education Hill COTTAGE LUXURY | REDMOND, WA | $639,000 BEAR CREEK COUNTRY CLUB WOODINVILLE, WA | $1,175,000 GRANT MACKENZIE • • • HOME ADVANTAGE – The Mackenzie’s Live, Work and Play on Education Hill: For sellers: highest average price/SF & quickest sales For buyers: sharper prices 5.5% below (full service) Consistently a top producer (total dollar volume) GRANT.MACKENZIE@SOTHEBYSREALTY.COM | 425.417.6225 LOCAL EXPERTISE. PROVEN RESULTS. 56 I The Collection EAST OF MARKET | KIRKLAND, WA | $1,000,000 SOLD EAST OF MARKET | KIRKLAND, WA | $1,325,000 Not in my world. Partnering with Senior Mortgage Advisor Miki Mobrand, they adjust to challenging, fast-paced, complicated markets and turn them into successful outcomes. CHRISTINA.ROBERTS@SOTHEBYSREALTY.COM 425.442.1456足足 | CHRISTINAANNROBERTS.COM slow market ? MIKI MOBRAND Senior Mortgage Advisor First Cal Mortgage NMLS# 994005 email@example.com 206.396.7421 SOLD SILVER SPURS | KIRKLAND, WA | $835,000 PENDING HOLMES POINT | KIRKLAND, WA | $1,399,000 LIFESTYLE SPECIALIST Kathie’s extensive experience, exceptional service and a commitment to integrity have built her a stellar reputation in the industry. Her concierge style of business has earned her loyal clientele. Kathie brings strong negotiating skills, attention to details and a passion for representing and marketing distinctive homes. Kathie has a strong foundation in our local market and specializes in assisting discerning buyers and sellers of all price points, whether it be a luxurious waterfront estate, luxury condominium or a modest bungalow. NORMANDY PARK ESTATE | NORMANDY PARK, WA | $5,750,000 HUNTS POINT | SEATTLE, WA | $7,660,000 KIRKLAND, WA | $3,950,000 DOGWOOD LANE | WOODWAY, WA | $3,380,000 KATHIE.PRICE@SOTHEBYSREALTY.COM 206.999.4901 REALOGICSSOTHEBYSREALTY.COM I 59 K ATHIE PRICE LEVUE • DOWNTOWN • YARROW BAY • KIRKLAND • EAST OF MARKET • WEST OF MARKET • ROSE HILL • HOLME ODINVILLE • HOLLYWOOD HILL • MILL CREEK • EDMONDS • MUKILTEO • BELLEVUE • DOWNTOWN • YARROW BA NT • JUANITA-KENMORE • LAKE FOREST PARK • FINN HILL • BOTHELL • WOODINVILLE • HOLLYWOOD HILL • MIL EASTSIDE ADVANTAGE L isa offers a unique advantage for her clients - the knowledge and experience of the most sought-after Eastside neighborhoods and home values. She also offers access to key destination properties for second-home or vacation retreats for savvy investors. Lisa’s stellar reputation and excellent connections are the reason clients, developers and investors seek her advice. Lisa is a trusted real estate professional specializing in residential homes of all property types and price points throughout the greater Eastside for nearly two decades. She is a Founding Member of the Kirkland branch office and is well respected within the broker community as well as her clientele for her professionalism, customer service and market knowledge. L W LISA WOOLVERTON LISA.WOOLVERTON@SOTHEBYSREALTY.COM 206.947.1706 | LISAWOOLVERTON.COM LISA WOOLVERTON SUN DESTINATIONS & SURF it’s around the place you want to call home. Specializing W hether corner or around the globe Lisa represents the next in the in-city marketplace, her group offers ES POINT • JUANITA-KENMORE • LAKE FOREST PARK • FINN HILL • BOTHELL • an extraordinary breadth of knowledge AY • KIRKLAND • EAST OF MARKET • WEST OF MARKET • ROSE HILL • HOLMES unsurpassed by any other resale broker. LL CREEK • EDMONDS • MUKILTEO • BELLEVUE • DOWNTOWN • YARROW BAY PALM SPRINGS VISTA ESTRELLA LA QUINTA, CA | $1,195,000 SAN DIEGO MON PETIT PROVENCE CARMEL VALLEY, CA | $2,775,000 REALOGICSSOTHEBYSREALTY.COM I 61 DISTINCTIVE We believe that real estate, like people, can be extraordinary and yet unique. So while the Sotheby’s International Realty brand is recognized as representing the world’s most exceptional properties, we acknowledge what matters most is what is distinctive to you. NEW LAKEMONT, WA | $988,888 SOLD BELLEVUE, WA | $1,050,000 SOLD KIRKLAND, WA | $2,055,000 In today’s fast paced economy, the real estate market can change in an instant. Now more than ever, marketing exposure and home preparedness, are the keys to achieving a property‘s highest potential selling price and least amount of time on the market. Our past clients tell us, we got the job done, when others had failed. Allow us to unlock your home’s potential and provide you with a comprehensive plan of action. Everything we touch turns to SOLD. THE ELITE GROUP JOHN EDDY, JULIE ORTIZ & AARON GAZES JOHN.EDDY@SOTHEBYSREALTY.COM | 425.761.8115 JULIE.ORTIZ@SOTHEBYSREALTY.COM | 425.577.0779 AARON.GAZES@SOTHEBYSREALTY.COM | 206.707.1991 62 I The Collection VISTAS OF RAINIER Imagine being greeted every morning by natural light and sweeping views of Lake Washington and Mt. Rainier. Privately situated to draw in the view a true reflection of light and living. MERCER ISLAND, WA | $1,550,000 MERCERISLANDVISTAS.COM MERCER ISLAND ENVIABLE LIVING EVERY DAY SOLD MERCER ISLAND, WA | $2,400,000 CONNIE.BLUMENTHAL@SOTHEBYSREALTY.COM 206.579.9739足| CONNIEBLUMENTHAL.COM CONNIE BLUMENTHAL Connie Blumenthal epitomizes the true Connoisseur of Life, recognized in both local and national media for her exceptional service, proven business practices, and market expertise. Native to the great Northwest, Connie is deeply rooted and passionately involved in the social community, the arts and local business organizations. REALOGICSSOTHEBYSREALTY.COM I 63 Date Night STARTS HERE 15 LAKE STREET, KIRKLAND, WA DelilleCellars.com/MaisonDelille Open Daily Noon to 9pm Sip & Savor in Downtown Kirkland’s Premier Wine Lounge FINE WINES I ARTFUL INTERIORS I LIVE MUSIC NIGHTS & MORE LIFESTYLEINREDMOND.COM | REDMOND, WA | $1,700,000 GEOGRAPHY OF HOME EACH HOUSE TELLS ITS STORY WITH A DISTINCT VOICE TO WHICH WE BRING OUR EXPERIENCES AND THE COMFORT OF OUR PERSONAL HISTORIES. CANTERBURYRETREAT.COM ELLENSBURG, WA | $459,950 GREEN LAKE 1929 CHARMER SOLD SEATTLE, WA | $771,000 BROWN’S POINT WATERVIEW TACOMA, WA | $550,000 Over the years my focus in real estate has become increasingly centered upon the relationship of person to place. The “Geography of Home” is an exploration of that relationship, a look at the external features of community and the internal features within houses. These form the landscapes in the spaces we call “home.” Learn more at JOANMARIE.COM JOANMARIE CURRAN JOANMARIE.CURRAN@SOTHEBYSREALTY.COM 206.915.4885 | JOANMARIE.COM Finding and creating “home” has captured my interests for as long as I can remember. I bought my first historic home and put it back together again more than 30 years ago; it’s been a love affair ever since. REALOGICSSOTHEBYSREALTY.COM I 65 The peak of luxury awaits your discovery just 4.5 hours away in the ultimate ski-in, ski-out community in North America’s top ranked all-season resort. Now more than 80% sold, fewer than a dozen opportunities remain at this never before, never again investment opportunity. Enjoy favorable exchange rates, enviable snow, endless views and private gondola access from Whistler Creekside. 1/3 to 1-1/2 Acre Lots from Below $1 Million (USD) Finished Homes from the Low $4 Millions (USD) KADENWOOD | WHISTLER, BC O wn A t K adenwood . com BRAD VANCOUR | 206.484.0167 BRAD.VANCOUR@SOTHEBYSREALTY.COM 66 I The Collection VANCOUR PROPERTIES UNIQUE. EXCEPTIONAL. HEIRLOOM. INVESTMENT SAVVY. SEATTLE HISTORIC HistoricWaterfrontEstate.com Landmark Lake Washington Estate with 12,380 sf main house, 3.11 acres of landscaped flowing gardens and beach house. LAND INVESTMENT VantageBayLots.com Rare and incredible 300 lot Columbia River residential development in Vantage, Washington. One of the last to be approved. RANCH ESTATE TiceRanch.com 300 acres with a gorgeous 20,000 sf main lodge, over a mile of riverfront, caretaker residence, horse barn and airport nearby. $5,900,888 $5,200,000 $4,500,000 BRAD.VANCOUR@SOTHEBYSREALTY.COM 206.484.0167 BRAD VANCOUR A veteran professional of international real estate with more 25 years of experience in all facets of the industry, Brad specializes in luxury home sales, commercial real estate and award-winning project marketing. He also has proven faculties in land development and acquisition, residential & resort development, property management and construction. REALOGICSSOTHEBYSREALTY.COM I 67 TRACY.SETZER@SOTHEBYSREALTY.COM 425.444.2799 TRACY SETZER TAYLOR RORK TAYLOR.RORK@SOTHEBYSREALTY.COM 425.985.4169 KIRKLAND & BEYOND We are truly honored and, as always, committed to offering the highest level of service, excellence, and integrity that you have come to expect from us. W e are pleased to announce some exciting news. Realogics Sotheby’s International Realty has invited us to join their award-winning Eastside brokerage. As such, while the brand is recognized for representing the world’s most exceptional properties, we value our clients the same no matter the price point. So whether it is around the corner or around the globe, we sincerely look forward to assisting you. MARKET STREET CRAFTSMAN | KIRKLAND, WA | $1,240,000 68 I The Collection GORGEOUS LEVEL LAND | EDMONDS, WA | $445,000 MAJA BUTLER MAJA.BUTLER@SOTHEBYSREALTY.COM 425.761.2772Â | BELLEVUELUXURYPROPERTIES.COM Maja is a long-standing residential real estate expert with over 35-years of experience specializing in the Eastside luxury market. In addition to her exceptional residential broker experience, she brings a wealth of knowledge and insight from her role as a single-family home builder, designer, and expert negotiator, Maja offers her buyers and sellers the unique advantage when purchasing or selling a home in todayâ€™s dynamic marketplace. Maja is known for her high energy, enthusiasm, integrity, and her unique combination of skills that have earned her a sterling reputation among both clients and peers. Maja is dedicated to artfully uniting extraordinary homes with extraordinary lives. A security company with local roots and a local reputation to uphold since 1981, Puget Sound Security specializes in residential security from monitored systems, security patrol, vacation security, children & adult monitoring, and safe rooms. For all your security needs, questions and for a free evaluation, contact Puget Sound Security at 206.323.1411, or visit our website at: www.PugetSoundSecurity.com REALOGICSSOTHEBYSREALTY.COM I 69 WATERFRONT LIVING | 陳素娥 A World Class Property Debut Deserves a Global Stage | 陳素娥 陳素娥陳素娥 SAMISH ISLAND RETREAT | BOW, WA | $1,995,000 This exceptional Samish Island beach waterfront home is built for the beach lover with a passion for crabbing, clamming, oyster digging and shrimping. Located at Padilla Bay, where you can enjoy all the luxuries of the San Juan Islands without a ferry. This gorgeous four bedroom, four bath estate is situated at the end of a road where the beach can be your own private world. BECKY LEE 陳素娥 BECKY.LEE@SOTHEBYSREALTY.COM | 206.390.2839 REALOGICSSOTHEBYSREALTY.COM Becky Lee is a leading expert on international affairs, a Founding Member of Asia Relations for the Realogics Sotheby’s International Realty brand and consistently a top broker who offers a wealth of international expertise, insight and leadership. 70 I The Collection Behold 2,100 feet of pristine waterfront, 2 private beaches and 54 acres of serene surroundings. Southwest facing, award winning, George Suyama architectural treasure sits peacefully amid nature. This significant home with studio, compound, outbuilding and facilities, boasts breathtaking views, year-round sunsets, and structure of exquisite materials & timeless design. EXTRAORDINARY MEETS SANCTUARY SHAW ISLAND, WA Price Upon Request PETER PHILLIPS PETER.PHILLIPS@SOTHEBYSREALTY.COM 206.949.3555足 ANGELA.PEPKA@SOTHEBYSREALTY.COM 425.442.6203 REALOGICSSOTHEBYSREALTY.COM I 71 ANGELA PEPK A & A journey transcended only by arrival. HIDDEN BAY Southeast Alaska retreat ADMIRALTY ISLAND, SOUTHEAST ALASKA | UNITED STATES Discover your own private sanctuary unlike any other place on earth. A destination so remarkable – hummingbirds migrate thousands of miles each year to nest upon this natural haven. Perfectly centered between the conveniences of Sitka and Juneau in Southeastern Alaska, Hidden Bay awaits your discovery just three hours from major West Coast cities. A personal refuge gently sited upon more than 45 acres (8 fee-simple lots) behold nearly a kilometer of private shorelines protected by a National Monument that surrounds you. Enjoy majestic peaks, old growth forests and a leeward, deep water bay boasting a bounty of marine life within a temperate microclimate in the rain shadow of the Coast Mountain range. Outside, broad summer seasons and long days beget endless activity for family and friends: world-class yachting, sport fishing, hunting, hiking, sea kayaking and whale watching. Inside, retreat each day to the epitome of comfort framed by knot-free, heartwood cedar, walls of glass and enduring materials – reliably engineered for long term residential independence off the grid. A calling to the restless adventurer seeking the ultimate in remote accommodation, Hidden Bay Retreat is the crowning jewel of the last frontier. TO SEATTLE, WA JUNEAU by Andrea Savage © Photography By Michael Walmsley HIDDENBAYALASKA.COM ADMIRALTY ISLAND HIDDEN BAY SITKA BARANOF ISLAND BRITISH COLUMBIA, CANADA ALASKA U.S.A. TO VANCOUVER B.C. PORTFOLIO OFFERED AT $7,750,000 Includes $2M+ Custom Sport Fishing Vessel VIEW OUR VIDEO AT 72 I The Collection HIDDENBAYRETREAT.COM HOMER AK | $1,545,000 HALIBUTCOVELODGE.COM KENAI OCEAN FRONT ESTATE KENAI, AK | $2,600,000 | KENAIOCEANFRONTESTATE.COM A LIFESTYLE OF LUXURY IN YOUR OWN BACKYARD CAVALERO SANCTUARY CAMANO ISLAND, WA | $1,248,800 | CAVALEROSANCTUARY.COM BOW WA | $1,488,800 SANJUANLUXURY.COM KETCHIKAN, AK | $2,768,880 SALTERYPOINTLODGE.COM CASTLEROCK ESTATE CAMANO ISLAND WA | $1,349,900 | CASTLEROCKESTATE.COM ALEX.THOMAS@SOTHEBYSREALTY.COM 425.422.8942足足足 | NWLUXURYWATERFRONT.COM ALEX THOMAS Over two decades of sales experience, Alex has built a stellar reputation amongst her clients with excellent negotiation and sales skills creating positive results. REALOGICSSOTHEBYSREALTY.COM I 73 Ahhâ€Ś IF A PICTURE IS WORTH A THOUSAND WORDS... a visit might leave you speechless. COMING SOON TO ISSAQUAH For career opportunities contact: Chad Zinda | 206.448.5752 firstname.lastname@example.org We believe our Residential & Resort Showrooms should be the kind of environment that befits the homes we represent, the brokers we employ and the clientele we host. Visit one of our retail showrooms today. DOWNTOWN SEATTLE 2715 1st Avenue I 206.448.5752 74 I The Collection BAINBRIDGE ISLAND 271 Madison Avenue South I 206.842.0842 DOWNTOWN KIRKLAND 15 Lake Street I 425.658.5300 SERENITY NORTH MERCER ISLAND A category of one. Permit-ready, new construction opportunity inspired by Garret Cord Werner on a shy 3/4 acre gentle slope lot to 101-feet of no-bank waterfront. Engineered plans are comprised of a 8,232-sf NW contemporary with 5 bedrooms and 5.75 bathrooms. Park-like setting with mature trees includes an existing 2,700-sf home thoughtfully updated on a separate lot (pending short plat) to live in while building your dream home. Large dock with grandfathered boat house and water rights. Glorious light, privacy and perspective. MERCER ISLAND, WA | $4,788,000 CHAD ZINDA 206.579.4939足| Chad.Zinda@SothebysRealty.com SerenityMercerIsland.com REALOGICSSOTHEBYSREALTY.COM I 75 A top-producer with more than three decades of experience, Christine Kipp is consistently ranked among the top 1% of all residential professionals throughout King County with more than a quarter billion dollars in sales throughout her career. In 2013 alone she proudly represented over $35 million in sales. New Issaquah Branch Office Representing the finest Luxury Lifestyles of Sammamish, Issaquah, Redmond & Beyond. Coming soon. 1 2 3 CHRISTINE KIPP CHRISTINE.KIPP@SOTHEBYSREALTY.COM 425.765.3346足 | CHRISTINEKIPP.COM 足 1. Greensgate at Treemont MLS# 555738 | $1,650,000 2. Luxury Living at Sahalee MLS# 636958 | $998,000 3. Sammamish Living MLS# 597911 | $1,599,000 4. The Art of Architecture MLS# 629646 | $1,180,000 5. East Bay on Beaver Lake MLS# 595079 | $1,588,000 6. Reserve at Patterson Creek MLS# 605405足| $1,265,000 7. sold Sahalee Sunset Estate MLS# 599961 | $949,000 8. sold Custom Luxury MLS# 600610 | $885,000 9. sold Four Creeks Living MLS# 528997 | $875,000 4 7 5 6 9 8 REALOGICSSOTHEBYSREALTY.COM I 77 842 ISLAND LIVING A short ferry ride from downtown Seattle and you’re welcomed to life on the island…where everything truly feels “Pacific Northwest.” Unparalleled views of the lush greenery and whales in the ocean; activities such as hiking, biking, walking; and thriving local agriculture, mean Bainbridge Island truly feels like home. MEG.BURKETT@SOTHEBYSREALTY.COM 360.271.7426 MEG BURKETT Meg Burkett is an award winning broker with years of experience on Bainbridge Island and the Kitsap Peninsula. Her clients appreciate her genuine caring approach to their investments and her guidance throughout the entire buying and selling process. BRIGHAM ESTATE The best of Bainbridge could be your new home! Gentleman’s farm offers mountain & water views amidst lush gardens surrounding retreat-like custom home with open beamed construction and exceptional design features. BAINBRIDGE ISLAND, WA $988,000 EXCEPTIONAL EQUESTRIAN ESTATE POULSBO, WA | $1,288,000 GOLD COAST ON LIBERTY BAY POULSBO, WA | $1,188,000 REALOGICSSOTHEBYSREALTY.COM I 79 FROM BAINBRIDGE ISLAND TO THE PENINSULA PROVEN SUCCESS the Island and surrounding areas. Mark prides himself on M ark Middleton has a passion for island life. As a Northwest native with nearly thirty years of living in Bainbridge Island and Kitsap County, Mark has exceptional knowledge of his in-depth local market knowledge and brings a wealth of real estate experience in negotiating every transaction within a dynamic marketplace. Mark is consistently ranked amongst the top performing brokers in Bainbridge Island and in Kitsap County. His expertise in the local market combined with his appointment to an award-winning national and international firm offers unparalleled access for his buyers and sellers; both locally and globally. His commitment to customer service, attention to detail and client care are exceptional qualities that he possesses creating trusted and long-standing relationships with his clientele. MARK.MIDDLETON@SOTHEBYSREALTY.COM | 360.710.3066足足足 MARK MIDDLETON Register for the Waterfront Report at ProwseWaterfrontReport.com 80 I The Collection EXCEPTIONAL EXTRAS are well 1 3 SOLD 2 W offering e specialize in presenting properties that positioned on the Island and across the Peninsula, and we expertly market to attract the highest value for our clientele by in-house staging and design services. This onestop solution is a cost and time saving advantage exclusive for our clients. Our indisputable eye for detail sets us and our listings apart. SOLD 5 FEATURED PROPERTIES 1. Scenic Drive Retreat Poulsbo, WA | $869,500 2. sold Brackenwood Retreat Bainbridge Island, WA | $1,721,000 3. Serenity on Eagle Harbor Bainbridge Island, WA | $2,195,000 4. Fletcher Bay Craftsman PENDING Bainbridge, WA | $775,000 5. sold Noll Road Poulsbo, WA | $469,500 By Dean Jones A BAINBRIDGE ISLAND HOME ON EAGLE HARBOR FULFILLS A MARINE DREAM E mpty nesters Thom and Karen Hamilton are modern day voy- the top places to live in the United States. And in 2011, CNBC awarded Bainbridge Island the top “Island Enclave” in America. “Our little secret is getting out, which makes island treasures like this harder to find,” says Dennis Paige, Founding Director of the Bainbridge Island branch for Realogics Sotheby’s International Realty. “Residents enjoy a balance of town and country living with great schools and modern conveniences, not to mention that downtown Seattle is only a 30-minute ferry ride away.” Then there’s the beckoning of Puget Sound, which Thom says is as relentless as the tide. It’s his gateway to the San Juan Islands and beyond to the Pacific Ocean. That’s why he believes his home will be attractive to another yachtsman and likely to a Californian. He knows his seaside lifestyle is unmatched elsewhere on the West Coast, but equally important, he notes, there are no state income taxes in Washington unlike the Golden State. “It makes sense to establish residency in Washington and to reside here from May through October and then winter back in California,” says Thom. “One would think that for higher income earners, the income tax savings alone could greatly contribute to mortgage payments on our home while supporting a lifestyle that offers the best of both worlds.” For more information visit: www.5967RoseLoop.com agers yet again. In the early 1990’s with their children onboard, they navigated the Pacific and oceans abroad to experience the world while homeschooling on their 57-foot sailboat “Skywave”. Years later, upon returning to Eagle Harbor on Bainbridge Island, they lovingly renovated the now 5,000 sq. ft. home to standards observed only by artisans and yacht builders – a fitting homage to their life at sea. Now that their kids are grown, their home is for sale and they’re making plans for their next adventure. “Building our home, like our sailboat, was a labor of love but it’s time to move on,” says Karen. “We have an opportunity to travel again before the grandchildren arrive. The property stays behind but our fond memories will remain with us.” A tour of the home reveals thoughtful details sprinkled throughout its integrated indoor and outdoor living spaces, which provide both privacy and spectacular venues for entertaining family and friends. A protected inlet affords views and promotes immediate access across to Winslow (town center). Perhaps that’s why the Hamilton’s opt for their dinghy instead of their car when commuting into town for groceries, to dinner or for a night on the town. Such a storybook lifestyle was celebrated in 2005 when CNN/ Money and Money magazine named Bainbridge Island among 82 I The Collection BUCKLIN HILL | BAINBRIDGE ISLAND, WA | $898,000 ROSE LOOP | BAINBRIDGE ISLAND, WA | $2,195,000 A FRESH PERSPECTIVE FROM THE ISLAND For more than 25 years, Dennis has earned the trust of his clients and respect of his colleagues in the Bainbridge Island real estate market. He is known for his high level of service and the expertise he brings to every transaction, no matter the price point. He has an intimate knowledge of Bainbridge Island and its neighborhoods, from Winslow to Rolling Bay, and can match buyers with homes that reflect their needs and lifestyles. Whether buying or selling, his goal is to make the experience as seamless as possible and exceed his clientsâ€™ expectation at every step. DENNIS.PAIGE@SOTHEBYSREALTY.COM 206.920.3824 | DENNISPAIGE.COM DENNIS PAIGE SOUTH BEACH | BAINBRIDGE ISLAND, WA | $1,310,000 as viewed on REALOGICSSOTHEBYSREALTY.COM I 83 KRISTI.NELSON@SOTHEBYSREALTY.COM | 206.391.1718 Kristi specializes in residential real estate on Bainbridge Island, a popular island suburb of Seattle. Imagine a commute aboard a Super Ferry where instead of traffic, you see Orca whales playing in the Sound! With its premier school system, quaint downtown Winslow and beautiful real estate, it is no wonder Bainbridge Island was named among America’s best places to live! Kristi also specializes in Port Ludlow, a master-planned community just 90 minutes from Seattle on the Olympic Peninsula. Popular for retirees and second homes, this idyllic community offers an 18 hole golf course, a marina and resort. Kristi’s 20 years of experience is waiting for you today. SOLD BAYHILL ROAD BAINBRIDGE ISLAND, WA | $539,000 BAINBRIDGE ISLAND RANKED SECOND BEST PLACE TO LIVE IN THE U.S (By CNN / Money Magazine - 2005) CAMBER LANE ESTATE | PORT LUDLOW, WA | $1,045,000 PORT LUDLOW 84 I The Collection GOLF COURSE, MARINA AND RESORT COMMUNITY Kristi went above and beyond to help us in purchasing our home and remains a trusted advisor to us today. -Stephen & Karen “ SOLD BAINBRIDGE ISLAND, WA | $2,100,000 WATERHOUSE LANE | PORT LUDLOW, WA | $890,000 “ glass artist & designer jessekellyglass.com Hand blown and sculpted glass installations for your home, business and landscape. The Collection Magazine | 33 Preferred technology provider of Realogics Sothebyâ€™s International Realty. SOLD SUNNY HILL | BAINBRIDGE ISLAND, WA | $859,000 In today’s dynamic market it’s about making savvy investments unique for every client. “ KEVIN.PEARSON@SOTHEBYSREALTY.COM 425.247.4323 KEVIN PEARSON International insight and local island expertise offer Kevin’s clients the winning combination for finding their dream home. KRISTI NELSON DENNIS PAIGE SONJA JONES MARK MIDDLETON GIGI NORWINE MEG BURKETT JOANNA PATERSON KEVIN PEARSON KAREN KEEFE “ ISLAND LIVING Gallery BAINBRIDGE ISLAND LOCAL EXPERTS. GLOBAL REACH. 271 MADISON AVENUE SOUTH, SUITE #102 BAINBRIDGE ISLAND, WA 98110 206.842.0842 REALOGICSSOTHEBYSREALTY.COM I 87 360 SOUTH SOUND Home to our state capitol, politics meet city life in the South experiences, and it is easy to explore the Pacific Northwest in any Sound. Deep and fascinating native roots make for diverse city of the impressive public parks it possesses. Need more extreme recreational satisfaction? A short two-hour commute and youâ€™ll reach premier hiking and skiing resorts. 88 I The Collection 2 1 3J MORE THAN JUST A HOME... A LIFESTYLE amie Michaud has been in the real estate industry since 2006. Her background includes residential real estate, development and land acquisition, high-end condominium development and sales, and high-end real estate marketing and sales. A Northwest native Jamie understands that success is a combination of hard work, drive, determination, and the creativity to make things happen. 4 5 JAMIE MICHAUD 6 JAMIE.MICHAUD@SOTHEBYSREALTY.COM 253.686.0806足 1. SOLD Country Club Circle Lakewood, WA $1,140,500 2. SOLD Cromwell Peak Luxe Gig Harbor, WA $1,575,000 3. SOLD Dungeness Drive Retreat Fox Island, WA $1,600,000 4. SOLD Cape Cod Waterfront Fox Island, WA $1,175,000 5. Taylor Bay Estate Longbranch, WA $1,150,000 6. Lakeside Condo Seattle, WA $1,700,000 The Collection Magazine | 33 32 | The Collection Magazine 509 GO EAST Over the mountains, the summer is warmer and the winter cooler. Home to Wenatchee National Forest, the “Sunny Side” also boasts wineries, summer music at the Gorge Amphitheatre, and delicious perfect “Pacific Northwest” vacation, and it is certainly easy to get used to year-round life on this side of the mountains. local produce. Vibrant small cities and luxury resorts make for a METHOW RIVER RANCH Situated just feet from the banks of the Methow River the 3,800 square foot lodge-style home offers nearby fly fishing, hiking, biking, snowmobiling and cross country skiing right out your front door. The farm land has been granted irrigation rights that are nearly impossible to obtain. Additional 24 acres +/- with domestic and irrigation water rights also offered. Only rarely does one have an opportunity to purchase a true riverfront home that allows so many recreational activities. WINTHROP, WA | $1,695,000 RIVERSIDE LIFESTYLE A PLACE TO ESCAPE TO COPPERSTONE One of a kind: 275 acres, fully entitled master plan, with a perpetual high volume residential water rights, magnificent views & over 2,300 feet on the Methow River. METHOW, WA | $6,500,000 WOLF CREEK RANCH Surrounded by mountains, trout stocked lakes, private roads, bridges and meadows, this 100-acre enclave consists of 2 homes, a riverfront beach & chalet. METALINE FALLS, WA | $2,870,000 DEAN.CLAUSEN@SOTHEBYSREALTY.COM 425.260.4618 DEAN CLAUSEN Dean takes great pride in the fact that much of his business comes from past clients and their referrals. It’s a testament to his unwavering commitment to perform only the highest quality service in order to build lifelong relationships with his clients. REALOGICSSOTHEBYSREALTY.COM I 91 PRIVACY AND VIEWS SUN VALLEY, ID | UNITED STATES Enjoy Sun Valley sunsets from this four bedroom, four and one-half bath, mountain top home with panoramic views of the surrounding mountains, Baldy and the valley below. High-end finishes throughout. Two-car attached garage. Great outdoor living. PRICE: $1,795,000 | PROPERTY/WEB ID: 12-312601 FERN MACKENZIE 208.720.0720 | FernMacke@aol.com SunValleySIR.com ONE OF THE BEST IN WEYYAKIN SUN VALLEY, ID | UNITED STATES Top-of-the-line finishes on this beautifully remodeled four-plus bedroom including two master suites, five and one-half bath home with family room, den, and office. Furnishings included. Private setting surrounded by ponds and mature landscaping. PRICE: $1,999,900 | PROPERTY/WEB ID: 13-314417 FERN MACKENZIE 208.720.0720 | FernMacke@aol.com SunValleySIR.com 92 I The Collection QUINTESSENTIAL CANYON RUN HOME KETCHUM, ID | UNITED STATES This beauty sits on a gorgeous home site in one of the best neighborhoods in Ketchum. Enjoy all day sun, mature landscaping, private level yard, and all the convenience of living ‘in town’. For those ‘in the know’ you know. A traditional layout allows for flexible living and entertaining with easy access to the outdoors. Each season brings a changing vista to enjoy year round. Not to be missed. PRICE: $1,649,000 PROPERTY/WEB ID: BDRR4V 311CANYONRUN.COM COREY GRAHAM 415.971.0167 | Corey.Graham@SunValleySIR.com KATHERINE WESSEL 208.720.4728 | Katherine.Wessel@SunValleySIR.com LODGE STYLE TIMBER & STONE ESTATE SUN VALLEY, ID | UNITED STATES Live the Sun Valley lifestyle with interiors of dark wood and stone under timber beamed ceilings. Two adjoining properties surrounded by open space with the classic Baldy view and overlooking the 8th fairway. Build another home or expand the existing home. The 7,570 square foot home has four massive stone fireplaces, an expansive master wing with a sitting room and marble bath, and private bedroom wings for guests and children. PRICE: $10,500,000 PROPERTY/WEB ID: 14-315625 SUNVALLEYPROPERTY.COM MIKE SAMPSON 208.309.5300 | Mike@SampsonSunValley.com REALOGICSSOTHEBYSREALTY.COM I 93 84 ACRE RIVERFRONT ESTATE HAILEY, ID | UNITED STATES This crown jewel of the valley offers total privacy and over 1,200 feet of riverfront with natural open woodlands providing habitat for Bald Eagles, Elk and Deer. Featuring two beautifully appointed homes with mountain and river views. PRICE: $9,000,000 | PROPERTY/WEB ID: 29C2F3 SUE ENGELMANN 208.720.0680 | Sue.Engelmann@SunValleySIR.com SueEngelmann.com THE PERFECT OUTLOOK KETCHUM, ID | UNITED STATES Enjoy protected views of Baldy and an extraordinary sense of privacy from this stunning 4 bedroom home in Bigwood’s prestigious north end. Includes a main floor master, spacious living areas, home theater and warm European Mahogany finishes throughout. PRICE: $7,500,000 | PROPERTY/WEB ID: 12-313346 SUE ENGELMANN 208.720.0680 | Sue.Engelmann@SunValleySIR.com SueEngelmann.com CANYON TOP ACREAGE SUN VALLEY, ID | UNITED STATES Adjacent to world famous Sun Valley, this 1,100 acre estate offers the ultimate in luxury and privacy. The 10,000 square foot, six bedroom residence features an indoor pool, gated entry, guest and caretaker’s quarters and a five plus car garage. PRICE: $9,900,000 | PROPERTY/WEB ID: 13-314420 SUE ENGELMANN 208.720.0680 | Sue.Engelmann@SunValleySIR.com SueEngelmann.com GENERATIONAL MASTERPIECE KETCHUM, ID | UNITED STATES Beyond compare, this exquisite Gimlet residence offers separate wings for family and friends and centrally located living areas for group meals and gatherings. Keep everyone entertained with the bowling alley, home theater & game room, all on 13 acres. PRICE: $11,000,000 | PROPERTY/WEB ID: 13-314245 SUE ENGELMANN 208.720.0680 | Sue.Engelmann@SunValleySIR.com SueEngelmann.com 94 I The Collection AWARD-WINNING PENTHOUSE AT THE CONCORD Live Above the Olympic Sculpture Park. Award-winning, custom two bedroom condominium estate with 1,700+ sq. ft. of living space and 500+ sq. ft. of terraces and roof deck offering endless views of Elliott Bay and city lights. Uncompromising specifications throughout entertaining living spaces with fully integrated technology and artisan details. Two car parking with oversized storage in one of Seattle’s most established condominium buildings boasting 24-hour concierge, business center, fitness and preferred location. SEATTLE, WA | $2,800,000 ENRICO POZZO 206.790.7874| Enrico.Pozzo@SothebysRealty.com SeattlebyDesign.com REALOGICSSOTHEBYSREALTY.COM I 95 Masterpieces in the Making tM the sotheby’s DiaMonDs collection is on view in new york 2–7 anD 10–14 May 2014 new york +1 212 894 1400 | lonDon +44 (0)20 7293 6430 | hong kong +852 2822 8179 | sothebysDiaMonDs.coM THE ABSOLUTE OPPOSITE OF ORDINARY AT MASERATI OF SEATTLE It touches all the senses with a powerful twin-turbocharged V6 engine, available Q4 intelligent all-wheel drive and Bowers & Wilkins Premium Surround Sound. Discover a stunning fusion of unique Italian style, performance, sports handling and luxury. Experience exclusivity that only comes with owning a Maserati. MASERATI OF SEATTLE 866-885-3926 / WWW.MASERATIOFSEATTLE.COM 1401 12TH AVENUE, SEATTLE, WA 98122 *Maserati Ghibli base MSRP $66,900; Ghibli S Q4 base MSRP $76,900. Not including dealer prep and transportation. Actual selling price may vary. Taxes, title, license and registration fees not included. ÂŠ2014 Maserati North America, Inc. All rights reserved. Maserati and the Trident logo are registered trademarks of Maserati SpA. Maserati urges you to obey all posted speed limits.