Sunday, February 27, 2011

Hunts Point Southeast – Cozy Cove – Mansions


North to South
Steve and Connie Ballmer purchased this estate in 1987 for $1.3 million and extensively renovated the buildings, but maintained their charm, in 1991. Steve joined Microsoft in 1980 for a percentage of the company, a $50,000 annual salary and stock options. He was Microsoft’s 24th employee and first manager other than Gates and Allen. Steve is the current CEO and a multi-billionaire. The mansion and property has a $10 million estimated value. The main house is 4,175 sq ft and the property is 2.09 acres with 160 feet of waterfront. It is adjacent to the south of Craig McCaw’s (formerly Kenny G’s) mansion. Compared to the other 30 present and past Microsoft executives’ homes in my book, Ballmer has a relatively modest estate. It is on page 155. Ballmer and this mansion were in 11/17/10 and 5/23/12 Seattle Mansions posts.
This mansion is a 2012 listing for $10.8. From the listing by Anna Riley, Windermere “Welcome to Aotearoa, a modern luxury estate on cherished Hunts Point. Custom designed architecture with refined elegance. A stylish residence offering a light and open floor plan for a contemporary lifestyle. Featuring NanaWalls for inside-outside living, a grand rotunda where spacious rooms effortlessly unfold and state-of-theart technology. Sun drenched, beautiful grounds. This expansive street-to-water property offers a picturesque canvas to play, relax, entertain, or watch the eagles soar.” The mansion is 6,130 sq ft on 1.1 acres with 87 feet of waterfront. It is owned by Garth MacLeod. He is the former Finance Director of Bellevue based InfoSpace. He was featured on KING 5 news in 2011 for his live video feed of an eagle nest on the property. This property is two south of Steve Ballmer’s home on page 155.
This home plus the adjacent lot to the south is listed for $13.8 million. From the listing by Wendy Lister, CBBain: “Happy Birthday ~ 100 years of legacy sited on 2.11ac. A century of tales ~ the capacity for a new lifetime of legends. Two overscale Hunts Point lots side by side. 1 home or 2? Our centenary lady has well served 3 tiers of owners; and graciously would defer to a new-beginning or salute this tremendous land and a 21st 'moderne'. Secret paths for shaded blissful forested strolls. 156' sunlit Lake Washington shores; sweet dock moorage. Grand old-growth grounds. Closed eyes, dreaming of yesterday.” The home, built in 1912, is 5,740 sq ft. It is owned by Frederick J. Kimball. The Kimball family, with Frederick J.’s mother and father, Alice (1919-2012) and Frederick Wright Kimball (1918-2011), as the matriarch and patriarch, has been prominent in Hunts Point for many years.
This home is listed for $6.3 million by Steve Otto, Keller Williams: “This elegant home built in 1988 and extensively renovated in the last 3 years. Perfect f or entertaining and enjoying the Lake Washington waterfront. From the inviting entry way to the warm, cherry paneled wet bar and den this is Northwest living at its finest. The home features a media room, slate terrace off the master, gardening room with heated floor, swimming pool with automatic cover and a gentle sloping lawn down to the 2 berth dock. The finishes are excellent and the grounds immaculate.” The home is 5,510 sq ft on 1.1 acres with 77 feet of waterfront. It is owned by Serenity Enterprises LLC whose manager is Joyce Schweickert of Hunts Point. She is the Founder and CEO of Seattle Pacific Investments, aka Fresh Produce Company.
Charles S. and Karen Lytle purchased this lot and its previous house for $7.3 million 8/21/2006 and replaced that house. The new mansion is on page 157 and is 10,610 sq ft on 2.12 acres with 155 feet of waterfront. It has many features and a similar look of their larger Mercer Island 23,000 sq ft mansion that was sold in 2010 for $12 million. That mansion, page 46, was featured in 9/27/10, 5/24/10, 2/20/10 Seattle Mansions posts. The Lytles are the founders of Leisure Care, one of the largest developers and operators of retirement communities.
This home sold for $3.9 million 6/13/12. It was listed for $5.2 million in 2010 by Wendy Lister, CBBain: “Exceptional 2001 custom, 2-story waterfront. Breathtaking views. 75+ taxable feet plus 273' meandering line on canal. Shingled exterior, gambrel roof, wrap-around porch evocative of Eastern seaboard homes from Rhode Island to Maine. A private lane; park-like setting; sweeping lawn and dock. Open ~ ideal for grand scale entertaining; maximized views. Hardwood entry; stone fireplace; living and dining areas open to porch. Kitchen: European fireplace; top-notch appliances. Terrific master suite.” The home is 4,020 sq ft on 0.6 acres. It was purchased by Jejurikar Sanjay (former Microsoft engineer and executive) from Dana A. Green (former Boeing and Microsoft executive and currently a consultant with Boston-based Stewart Strategies Group LLC).
This vacant property sold 8/19/11 for $3.6 million. It, including a 10,250 sq ft mansion to be constructed, was listed for $12.5 by John L Scott: “In life, occasionally an incredible opportunity presents itself. Acquire 450 feet of Hunts Point waterfront acreage [4.5 acres] perfectly situated in the most private, secluded, natural setting with a long water view and deep water moorage. An estate, a lifestyle, a piece of heaven all your own in a setting that will spoil your senses for anything less. A new benchmark in a lifelong search for the perfect parcel of land. Build your dream home or simply enjoy this pre-sale opportunity as presented today.” The property is adjacent (west of) to the 16 acre Wetherill Nature Preserve and was sold by West Sprague Avenue Holdings LLC (Washington Trust Bank) to Hunt Point Cozy Cove LLC. The principals of the latter LLC are Tony Ataee plus other Ataee family members. Tony is the Founder of Kent-based Crown Pacific Fine Foods.
(Updated 7/23/12)

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