Estates Northwest: Seattle Real Estate Blog : Washington: Seattle: Belltown

Belltown real estate:  Condos with big city and Sound views:

This Belltown city view condo shot was taken fomr the South end of Belltown just out of Downtown Seattle proper, but gives you a good idea of how many opportunities there are for good city light views in Belltown condos and  also Downtown Seattle condo real estate.

Belltown condos with water and  city views: There are many buildings with good views - both Puget Sound and city views - even some of Lake Union, but make sure to check out the the surrounding buildings and height limits. 

Belltown is just North of Downtown Seattle and offers some wonderful living options if you want an affordable in city Seattle condo!  Here are some great search options if you want a good idea about buying condos in Belltown and Downtown Seattle or any other Seattle real estate info:

Belltown condos

Downtown Seattle condos

Want to see some interiors from my recent Downtown Seattle condo and Belltown condo tours?  I always take snapshots on tour and then send a wrap up report to the buyers if we don't see anything they fall in love with or if they want to take another look a what we saw.  After four or five condos and walking around on what I call the Aerobic Downtown Seattle real estate tours, the pictures help.  This one was from a unit in Cristalla in early Belltown (corner of 2nd & Lenora).  I took some of 98 Union in Downtown Seattle as well as Royal Crest in Belltown, but I liked this shot the best. We love our hardwoods in Seattle - even with real estate in the air.  I am happy to share if you want to see any other photos of some of my tours.

Downtown Seattle condos are surprisingly affordable if you are willing to go low square footage and Belltown condos are another great option for being right in city.

We are happy to help you find your perfect Downtown Seattle living situation - feel free to shoot any questions this way!

Belltown real estate:  Just North of Downtown Seattle, you can find some affordable condo options with big views. Here are some Puget Sound views I took from the Gallery condo building in Seattle's Belltown neighborhood.  The Gallery Building does have some great views - both of Puget Sound and the Space Needle, but I really hope a lot of research was done by the buyers who bought at the Gallery auction the other night. 

Belltown condos - checking out the area. Careful attention to height restrictions and building plans is required when buying Seattle condos in a neighborhood that is changing as much as Belltown is  - and at such a rapid pace.  One of the units I looked at had expansive views, but I know very well based on an article I saw in the paper weeks back that there is a building going up that will block a major part of the seascape. Sure, they will still have a view and there is no certainty with anything we do, but at least get all the facts. 

There are great views of the Puget Sound and Downtown Seattle in Belltown:

Belltown real estate

Seattle real estate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Looking for Belltown Gallery Auction Results? The Gallery Auction has long been one of Belltown's most anticipated events.  It was astounding to witness the sheer volume of dollars that were spent on these places! 

Gallery Auction results surprising for many!  It was extremely interesting to see the mass exodus of hopeful would be Gallery Auction bidders who thought they might get a steal. There were some good deals last night, but nothing I couldn't have negotiated up front in a normal purchase and sale without the pressure of the auction itself.  It just goes back to my earlier statement:  "Do not be afraid to put in an offer that may not be socially acceptable."  In the case of the Gallery before the auction, they may have taken it based on auction result numbers I saw last night.

So here are the Gallery Auction results as I recorded them personally, so I should put in a disclaimer that I am human and may have made a mistake.  By the way, these are in auction bid order:

Unit      SQFT    Previous Price       Min Bid        Winning Bid Amt

1020     1438         $995,200          $449,000         $735,000

1103     1226         $895,990          $499,000         $650,000

920       1438         $995,200          $449,000         $607,000

820       1438         $990,200          $449,000         $592,000

720       1438         $923,400          $449,000         $588,000

903       1226         $895,990          $499,000         $621,000

703       1226         $795,900          $449,000         $548,000

1102     1301         $924,600          $449,000         $566,000

1002     1301         $887,500          $449,000         $564,000

702       1301         $810,700         $375,000          $547,000

1006     1066         $736,990         $325,000          $450,000

906       1066         $731,990         $325,000          $440,000

706       1066         $649,990         $325,000          $419,000

402        961          $573,400        $245,000          $412,000

1107      883          $636,500        $295,000          $462,000

1104      880          $619,990        $295,000          $455,000

1004      880          $573,200        $295,000          $413,000

1117      672          $504,500        $225,000          $380,000

1118      771          $509,990        $225,000          $344,000

1017      672          $467,600        $195,000          $338,000

1018      771          $499,990        $225,000          $337,000

618       845          $484,000        $215,000          $347,000

507       883          $466,300        $195,000          $282,000

407       883          $440,700        $195,000          $277,000

1111     603          $448,800        $225,000          $326,000

1011     603          $427,800        $215,000          $330,000

1115     586          $428,000        $225,000          $321,000

1015     586          $400,100        $215,000          $318,000

715      603           $365,100        $215,000         $310,000

620      843           $481,300        $225,000         $331,000

420      843           $467,800        $225,000         $289,000

1112    603           $426,400        $195,000         $301,000

1114    603           $425,000        $195,000         $300,000 

1012    603           $413,800        $195,000         $297,000

612      603           $368,100        $195,000         $280,000

721      605           $388,700        $195,000         $243,000*

403    1160           $694,990        $399,000         $434,000

201    1116           $658,000        $335,000         $384,000

624      699          $410,700        $195,000          $300,000

424      699          $400,000        $195,000         $284,000

521      836          $423,800        $195,000           ***

421      836          $420,800        $195,000           ***

623      791          $424,500        $195,000           ***

423      791          $397,500        $195,000           ***

*In my opinion, the winning bidder for unit 721 probably got one of the best deals of the day.  Although the unit is right next to the owner's lounge and I have heard that there is quite a bit of horizontal sound traveling in Gallery, this was a phenomenal price to get into that location!

*** At this point, I had to accompany my bidder out of the room, but I will update later with results from the last four auction results.

Gallery Auction Results Wrap Up -

Overall, I would say Gallery raked in far more dollar per square foot than I would expect them to have.  I would say this proves that Seattle real estate is alive and well and that Belltown real estate is still moving!  The condo market has definitely changed and we will be seeing more of these types of sales in my opinion based on the backlog of inventory.

Belltown Real Estate anyone? We are getting pretty excited for the Gallery auction on Sunday!  I will be there with a client.  We have two more spots open for bidders in the office if you want to get in last minute and see what the action is all about.  Gallery in Seattle's Belltown neighborhood is offering studio like spaces and up (an open one bedroom concept) with starting bids around the 50% mark from their previous asking prices - $195,000 and up. 

Belltown luxury! Most of the units available offer impressive finish work and astounding views for the money of both the Puget Sound and the Space Needle.  Even if the unit does not have a view it is still in an excellent location in the heart of Belltown.  

Gallery Auction View Condos:  I have a couple cautions for would be bidders:  The building across the street is rented out to a couple tenants and there is room for it to go up in height.  I would also want you to know that just Northwest a block or so is the location of another building going up which will block out much of the Puget Sound views that are so attractive in a few of the units. 

Two Gallery Auction representation spots left!  Let us know if you are interested in participating in one of Belltown real estate 's biggest 2009 Seattle real estate events! We will also make sure you check out the lounge, roof top deck, fitness room, guest suites and more while you are there!

Update:  Gallery Auction Results