Showing posts with label Kenny G. Show all posts
Showing posts with label Kenny G. Show all posts

Monday, July 23, 2012

Hunts-Yarrow Points Mansions Index


The following mansions are in earlier posts in this blog along with information about the mansions and their owners. Click on the highlighted heading to go to the respective posts.
South to North

North to South
Southwest to Northeast

Wednesday, March 2, 2011

Craig McCaw – Kenny G – Mansions


This is the property (pages 152 and 153) of Craig and Susan McCaw. It was purchased in 1999 from Kenny G in a private transaction estimated at more than $20 million. The two mansions have 15,810 sq ft on 4.3 acres with 327 feet of waterfront. Susan is a former U.S. Ambassador to Austria. Craig was the leader or the world famous McCaw brothers, Bruce (1946- ), Craig (1949- ), John (1951- ) and Keith (1953-2002). Keith and John formerly lived in Madison Park and Bruce recently sold his Medina estate. The brothers grew their deceased (1969) father’s, Elroy’s, businesses into the 20th largest cable carrier in the U.S. In the early 1980s they started in the fledging cellular phone industry. They founded Kirkland-based McCaw Cellular Communications, Inc. in 1984. In 1986 they sold the cable business for $750 million and bought MCI’s wireless operations for $122 million. McCaw Cellular went public in 1987 raising $2 billion. In 1994, with Craig as CEO, McCaw Cellular was sold to AT&T for $11.5 billion. Following the sale Craig’s net worth was $2.6 billion and each of the brothers’ was slightly less. In 2003 Craig founded Kirkland-based Clearwire Corporation and he is Chairman. The company went public in 2007 raising $600 million and Craig retained a majority of the shares. The company provides portable wireless high-speed Internet service. He resigned as Chairman in December 2010 and in early 2011 the company’s stock was trading around $5 per share. Its high was $32.50 in 2007.
Kenny G (Gorelick) was born in Seattle and went to Franklin HS where he played in the jazz band and played on the golf team. He is now one of the top celebrity amateur golfers. On summer evenings when he lived here he would sometimes sit on the end of the dock and play his saxophone. His beautiful music would resonate throughout the cove. Kenny G won the 1994 Grammy Award for Best Instrumental Composition Forever in Love. He is best known for his saxophone playing. He is the best selling instrumentalist in the world with over 70 million singles and albums sold. His album Breathless sold 12 million copies. Songbird was his first number one singles hit in 1986. His other popular singles include Forever In Love, Sentimental, Silhouette and The Wedding Song. He composes and writes most of his songs along with songs for others. Kenny G is a friend of the McCaw families and performs at family weddings and other events. It is rumored that he stays in the 4,760 sq ft guest house in the lower left (partially obscured by trees) of the bottom picture when he is in the Seattle area. After selling the Hunts Point property he purchased a Malibu, CA compound on the oceanfront from actor Leonardo DiCaprio.
(Revised 7/23/12)

Wednesday, February 16, 2011

Cruising Cozy Cove and Lake Washington North

The tip of Hunts Point is a vacant lot that is for sale for $20 million.  This site of Stan Sayres home.  Sayres is deceased and was a famous hydroplane developer, builder and racer kown as “The Legend of Lake Washington” and “The Fastest Man Afloat.”
On the east side of the tip is Cozy Cove with Yarrow Point on the east shore of the cove.  The most notable side-by-side waterfront estates on the Hunts Point side belong to Craig McCaw and Microsoft CEO, Steve Ballmer.  McCaw puchased his castle from Kenny G.
The tip of Yarrow Point marks the end of our mansions tour.  The waterfront mansion at the tip is one of the oldest on Lake Washington.  It was built around 1900 and was the home of Leigh Hunt, who founded and owned the Seattle Post Intellingencer.  The estate is currently for sale for $20 million.
North of here is Kirkland with a public marina and a wonderful waterfront town.  The north end of the lake is fun for relaxing and exploring.  At the very north end of the lake there is Kenmore and a marina.  From there small craft can navigate about four miles up the Sammamish River.
(This is the twelfth and final chapter of our “Lake Washington Cruising” article. The chapters are being posted in reverse order.  When all chapters are posted they will be in order in this blog with the first chapter at the top.  I will be posting approximately two chapters per month.  You can read and print an abbreviated pdf version of the entire article.)