MOIRA HOLLEY, A WINDERMERE PREMIER DIRECTOR, COMPLETES LARGEST IN-CITY LUXURY CONDOMINIUM PROPERTY SALE IN SEATTLE HISTORY

$5.6 Million Penthouse Sale Tops All Other Downtown Residential Transactions to date.

Seattle, Washington—May 10, 2005—Moira Holley, a leading residential specialist for Windermere Real Estate’s elite Premier Director Division, announced today, the largest ever recorded sale of a Downtown Seattle property: the purchase, by an anonymous buyer, of a 5.6 million dollar penthouse condominium located in Seattle’s Belltown neighborhood.

Described as a “Sanctuary in the Sky,” the 5,700 square foot, bi-level residence boasts a 300 degree, panoramic “Mountains to the Bay,” view of the Puget Sound Region. 

“The buyer received an incredible value for what is unquestionably Seattle—if not the region’s—most desirable residence,” Holley said. “Prices for Downtown’s most popular properties are soon to reach $1,400 per  square foot and exceed that number to nearly $1,800 per square foot at the new Four Season Residences, but our client secured his residence for just under $1,000 per square foot—an incredible real property coup in a fiercely competitive market.”

This record sale confirms the high desirability of urban living—a concept championed by Holley, a pioneering resident of the Pike Place Market and Belltown neighborhoods.  Before the closure of this sale, downtown luxury properties rarely exceeded $4 million dollars.  This transaction is expected to establish a new benchmark for penthouse luxury living in terms of square footage and price for value.

ABOUT MOIRA HOLLEY:

Moira Holley is a residential specialist for Windermere’s elite Premier Director Division. A noted authority on the art of in-city living, clients rely on Moira’s market intelligence and unique sensibility when selecting the house, condominium, loft or alternative living space creating  the perfect Puget Sound sanctuary. Contact Moira by logging onto www.moiraonline.com or telephone 206.660.4787 and discover the residence that expresses your own special style.

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