SAN J UAN ISL AND IS EFFECTIVELY A SANCTUARY Prices per square foot and property tax assessments are comparatively lower than those found on either the North or the South Shores of Long Island.
Generations ago, the shores of Long Island became Gilded Age retreats for the first families of New York, starting a tradition that continues to this day. As Seattle’s skyline rises and Seattleites seek legacy homes for their own families, could the San Juan Islands capture a similar space in their imaginations? If history is any indicator, yes. The quality of life and variety of recreation in the San Juans, combined with easy access from the mainland and within a tax friendly state, are expected to confirm this outcome. Homes available today and home sites for future construction are large enough to satisfy even the most ambitious and meticulous buyers. Prices per square foot and property tax assessments are comparatively lower than those found on either the North or the South Shores of Long Island. Home values are secure, as selling prices are closest to offered prices on resale, albeit its noted that the values at Madroneagle and Friday Harbor Estate are likely offered below today’s replacement costs (not to mention the move-in-ready convenience). For potential owners of legacy homes, the geographical diversity of the San Juan Islands offers a banquet, not just a feast. As wealth continues to gather and percolate through Pacific Northwest population centers, the allure of the San Juans is certain to entice new home buyers. The affluent of Seattle, and increasingly of California (especially within the tech corridor) as well as Vancouver, B.C. will find among these islands ideal locations for their own legacy homes—homes that deliver urban comfort and accommodations in an idyllic natural environment.
W W W. LEG ACY H O M E SRE P O R T.CO M
Published on Aug 4, 2016
LEGACY HOME REPORT A legacy home is most often an expansive home, large enough to accommodate an extended family and guests, with fea...