Showing posts with label Michael Mastro. Show all posts
Showing posts with label Michael Mastro. Show all posts

Sunday, January 6, 2013

Medina West Mansions - Index - Gates, Bezos, Shirley, Mastro


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
South to North
Southwest to Northeast
The Index of the tour of Lake Washington Map of the Stars® Mansions continues with Hunts-Yarrow Point Mansions Index.
Page Numbers refer to Lake Washington 130 Homes.

Saturday, April 16, 2011

Medina Evergreen Point - Mansions

South to Northeast
This property is listed by Kathy Beckes, CB Danforth: “Estate Property. West Facing 232' Low Bank Medina Waterfront. 1.4 Acres. Spectacular views of Seattle Skyline, Olympic Mountains, University of Washington and beyond. Total Privacy, Expansive yard and 100' dock for multiple boats. Largest West facing Medina waterfront property available in years. Rarely does a property of this magnitude come on the market. Complete set of plans for a 13,000 sq. ft. home included in sale. Engineering/landscape design complete. Gold Coast Medina Estate Property.” The property is owned by KEH LLC. The agent for the LLC is John Tomlinson, an attorney, and the members of the LLC are Jacob and Inger Deutsch.
The Seattle Times and Puget Sound Business Journal had numerous 2012 articles about Michael and Linda Mastro’s flee from justice and their capture in October. The saga was one of the top stories of 2012. The Mastro’s were captured in France after 16 months on the lam. Their former mansion sold 12/6/10 for $9.1 million by the bankruptcy court. There are a series of attorneys listed as the buyers: Robert Bruce Johnston, LCY LLC Series Homes, and James F. Rigby Jr. that were used to sign the documents to keep the real buyers’ identity off the official records. Mastro paid $15 million for the mansion in 2006. The Mastro bankruptcy, with original debts of $570 million, is the largest in Washington state’s history. Many “family and friends” lost their fortunes when his commercial real estate investment funds failed. More information about Mastro and his former Medina Mansion is in Seattle Mansions posts: 1/3/13 In and Out of French jail, 2/26/12 Auction of Pieces, 4/6/11 Mastro Injured, 11/10/10 Sale of Mansion, 10/11/10 Listing of Mansion and 11/12/09 The Bankruptcy and Mansion. The 2010 listing was by Lisa Whittaker, Coldwell Banker Bain. The mansion is 7,050 sq ft on 1.1 acres with 176 feet of waterfront.
Christopher P. and Patricia Liddell sold their Medina mansion 3/21/11 for $4.5 million to Chandan Chauhan. Christopher had been CFO for Microsoft and GM. Chandan is a co-founder and Sr VP for Bellevue based Intelius. See 3/12/11 Seattle Mansions post and 5/20/11 Seattle Mansions post for more information on Liddell and Chandan. The Liddells purchased the mansion in 2005 for $7 million. The home was listed for sale at $8.8 million in 2009. At the time of the sale it was listed by Tere Foster, Windermere: “Waterside Reflections on Lake Washington. Waves roll gently up on the beach as the sunset dances across pavilions of glass. A magical dreamscape lays claim to 174 feet of waterfront w/ two docks. Views of LK WA, the UW Stadium, Seattle & Olympic Mts. The level waterside presents lush native plantings & pond. Gracious open living offers a sunny breakfast nook, view dining rm & intimate living area. An exceptional one-of-a-kind masterpiece w/ nature at your doorstep.” The estate has 7,365 sq ft on 0.63 acres.
This home is listed for $7.0 million. From the listing by Wendy and Kathryn Lister, CBBain: “1926...original specifications as stunning today as then. Rich cherry, moldings, terra cotta, shuttered windows, coved ceils. More, more! Fascinating analytic dyed cabinets, boxed ceil, 3 stoves, radar range, stainless backsplash, black granite...where? 5 star kitchen...in dress up clothes. 'Miles' of hardwoods. Library shelves. Tiers of gardens. Geranium greenhouse. Hand blown window. The dock? Can accommodate 124'. 45' moorage, 3 lifts. Old-fashioned street lamps. Dance studio, movies, wine.” The home is 4,990 sq ft on 0.5 acres with 75 feet of waterfront. It is owned by Bruce D. Milne. He is the Founder and CEO of Bothell-based Corum Group. From the firm’s website: “He has overseen more M&A transactions than anyone in the world over the past 22 years.”
This mansion is listed for $10 million. From the listing by Tere and David Foster, Windermere “Clean lines frame sweeping views of Lake Washington from this modern residence in Medina. Awash in sleek finishes and refined details, this home makes a dramatic statement. Sited on 80 feet of waterfront, the setting provides year-round entertainment, with outdoor living rooms, a sport court, and lush landscape. Floor-to-ceiling windows and dramatic chandeliers set the stage. Caesarstone counters with clean lines and glass tile meet extreme functionality in the kitchen. Spend weekends working out in the swim spa followed by relaxation in the sauna. Game nights in the rec room, complete with a large projection screen and full kitchen. Not a room is missing from this over 9,000 square foot house [on 0.5 acres]. An absolute modern masterpiece on one of the most desired streets in Medina.” It is owned by PFHC Holdings LLC whose managers are Paul and David Pong. The Bellevue-based Pong family of LLCs has developed hotel properties in the greater Seattle area.
This mansion was listed for $7.2 million in 2010, $6.9 million in 2011 and $6.8 million in 2012. From the listing by Tere and David Foster, Windermere “The Manor at Fairweather Bay, presides over a protected position on the lake. The estate is a marriage of old world elegance and a modern sensibility. The grounds play host to expansive emerald lawns and private dock. A palette of colors and unrivaled attention to detail: rich millwork, stones, and European arches. Generous entertaining spaces: intimate formal rooms, media & game rooms, and outdoor living area. Guest house, garages for 6 cars & a spa are some of the luxuries at this fine estate.” The mansion is 6,040 sq ft on 0.6 acres with 60 feet of waterfront. It is owned by Jon A. and Laura Wood.
This mansion is listed for sale at $9.8 million. It was previously listed for sale for $9.9 million in 2009, for $8.5 million in 2010 and sold for $7.3 million 4/11/11. It previously sold for $11 million in 2006 to Joachim Hertel. David M Dryer is the current owner. The home is listed by Anna Riley, Windermere: “Grace and grandeur on the lake. This treasured waterfront oasis on exquisite street to water grounds has just been beautifully renovated with the luxury finishes and breath taking style. 100 ft of cherished waterfront w deep moorage. A true gas lamp gated arrival signals beautiful details including a slate roof, Italian plaster, statements of stone and unending master craftsmanship. A rare estate for today's active lifestyle celebrating the ultimate NW dream lifestyle. Private guest house.” The mansion is 7,560 sq ft on 1.0 acre with 100 feet of waterfront.

Page Numbers refer to Lake Washington 130 Homes.
The tour of Lake Washington Map of the Stars® Mansions continues with Hunts Point West – Fairweather Bay - Mansions.

Friday, March 11, 2011

Cruising Fairweather Bay and Lake Washington


Michael Mastro’s Former Mansion – Sold For $9.1 Million

Olson Mansion – “The Bellisima” – For Sale $14.1 Million
Cruising north along Medina's west coast you cross under the east side of the SR-520 Bridge.  The next point is Evergreen Point, still Medina, with Fairweather Bay on the other side.  Michael Mastro’s former mansion is one of the prominent homes on the northwestern shore of Evergreen Point.  The mansion was sold for $9.1 million by the bankruptcy court in November 2010.  My Seattle Mansions blogs, dated 11/10/10, 10/11/10 and 11/12/09, provide additional information on the Mastro bankruptcy and “family and friends” investors.  His bankruptcy was one of the largest in Seattle’s history. 
Hunts Point is on the east side of the bay where Nordstrom family members, Scott Oki (former Microsoft executive and now the area’s golf mogul) and James Sinegal (Costco co-founder and CEO) have spectacular mansions with beautiful landscaping.
In the center of the western shore of Hunts Point is the 10,000 sq ft Olson mansion, “The Bellisima,” that is listed for sale for $14.1 million.
Hunts Point is the wealthiest community in the state.  Eighty percent of the community’s homes are on the two sides of the point with one acre plus lots extending from the water to the one road in the center of the point.  The lots are low bank and noted for fabulous landscaping.
The above photographs of the mansions are from pages 126 and 136 in my book, Lake Washington 130 Homes.

(This is the eleventh chapter [go to next 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.)