Head down to the Epiphany Community Hall at 1805 38th Ave, this Saturday (1/14/2017) for the First Annual Madrona Winter Playfair! The event will take place between 4 and 7pm. Bring a craft or game to share, sing or play an instrument, or bring potluck snacks or beverages! Crafts and activities include Pokemon Play and Trade, learn to knit, play, book exchange, story reading, and much more! Everyone is welcome!

Babysitters are welcome to showcase their services!

Call Audrey at 206-329-8775 or 206-669-3995

Madrona & Leschi Real Estate Recap: November

Featured Leschi listing - 832 31st Ave. S - $1,250,000

Featured Leschi listing – 832 31st Ave. S – $1,250,000

November was a slow month for home sales in Madrona and Leschi with only 11 completed sales, down from 17 in October, but the median sales price for both neighborhoods combined was up an impressive 22 percent over the month, from $619,950 in October to $760,000 in November. On a yearly basis, median sales price was up nearly 10 percent.

Sellers continue to get good returns on their properties, with eight of the 11 homes sold selling for at or above listing price, and the highest list-to-sales-price ratio at 116 percent. It should be noted that three of the properties sold for asking price in Leschi were new-construction townhomes in the same development. Of the three properties that sold for below asking, the seller with the lowest list-to-sales price return still received 95 percent of their asking price. The most expensive sale of the month was a renovated 1909 home in Madrona that sold for $1,011,000; and the lowest sales price was $619,950 for one of the new construction town homes mentioned previously.

Currently there are 11 homes for sale in the two neighborhoods, with prices ranging from $735,000 for a classic Craftsman in Leschi to $2,880,000 for a “villa” style estate in Madrona.

If you are considering buying or selling a home in Madrona or Leschi, or if you would like more information about Seattle’s real estate market in general, please contact me!

Kristine Losh  |  206.953.6786  |  klosh@ewingandclark.com

Madrona Community Council Meeting Tonight, 12/1

MCC

Come meet with your neighbors and Madrona Community Council members tonight, December 1st, to discuss community issues and upcoming events. The meeting begins at 7:15 p.m. at the Madrona Playfield Shelterhouse. Here’s the meeting agenda for tonight:

  • Recap of Annual Wine Tasting/MCC Fundraiser
  • Discussion of the 40th annual Madrona Mayfair. Please come with ideas for special activities to commemorate this anniversary event for the neighborhood.
  • General community updates including: SDOT request for a traffic-speed study on 34th Avenue, an update on SDOT traffic plan along Union Street (comments from the SDOT/BRT Open House in November), discuss lighting plan – SDOT replacement plan for acorn lights in the Madrona Business District, results of Madrona PTSA grant for reader board on Union, and an update on the stage project at Madrona Park.
  • Budget Report
  • New Business

The Madrona Shelterhouse is located at 3211 E Spring St. Hope to see you there!

Save The Date: Epiphany School Open House In Madrona 12/3

Epiphany School LogoMadrona’s Epiphany School will be holding its annual open house on Thursday, December 3, from 6:30 to 8:30 p.m. Learn about the school, meet staff, hear from students and alumni, and take a tour of the campus. Epiphany School actively cultivates an awareness and respect for diversity in all forms, and strives to be an inclusive community by embracing the values of ‘respect, responsibility, and resourcefulness.’ For more information about the school, contact Greg Jones at gjones@epiphanyschool.org, or visit their website.

Featured Listing: Cool Madrona Contemporary

3505 E Olive Madrona Edited This impeccable architect-designed Madrona home features more than 4,000 square feet of sophisticated living space:  4 bedrooms and 3.5 baths in the main house, plus a renovated classic carriage house with an additional bed and bath. Featured in Seattle Met magazine in 2009, this home has 10-foot ceilings, windows everywhere, and spectacular finishes throughout. A gourmet chef’s kitchen and large dining room lead to a glamorous living room with a cozy fireplace. Vaulted ceilings upstairs give the bedrooms an airy feel, and additional loft areas provide play space or storage. The 1,300-square-foot carriage house, built in 1901 and updated in 2015, provides amazing live-work space or could serve as an Airbnb or rental property. A private fenced yard, outdoor living space, play area, and mature gardens complete this gorgeous piece of property.

For more information or for a private showing of this spectacular home, contact listing agents Dan Gottesman and Sam Chapin.

Madrona and Leschi Real Estate Recap – October

Featured listing - 3505 E Olive St. - $1,875,000

Featured listing – 3505 E Olive St. – $1,875,000

Real estate activity in Madrona took an interesting turn in October, with sales activity up from September but average sales price down by 37 percent. There were five sales of single-family homes in Madrona in October, compared to just two in September, but October’s average sales price was $684,800, down from $942,000 in September. Leschi saw 12 completed sales in October at an average sales price of $644,562, down from $934,265 in September. Sales activity for the two neighborhoods was consistent on a yearly basis, with just one fewer sale this year (17) than October 2014 (18). But average prices in the two neighborhoods combined were down over the year, with the 2015 average at $656,397 compared to the 2014 average of $753,379.

However, owing to relatively small sample sizes, numbers for these two neighborhoods are easily skewed by the addition of one or two high- or low-priced sales, meaning average prices are sometimes not accurate representations of the neighborhoods’ markets as a whole. The area’s market remains strong, with 13 of the 17 properties sold selling for at or above listing price, and the highest list-to-sales price ratio at 129.93 percent for a classic 1921 home in Madrona.

Currently there are 21 active listings in Madrona and Leschi combined, with prices ranging from a low of $615,000 for a single-family home in Leschi, to a high of $5,895,000 for a lakefront contemporary home in Leschi.

These statistics were gathered from the Northwest Multiple Listing Service, but were not compiled or published by that organization.

Please feel free to contact me if you would like to further discuss the Madrona and Leschi real estate markets, or if you would like a complimentary price estimate of your home.

Kristine Losh, Ewing & Clark, Inc.

Featured Listing: 1801 33rd Avenue

Main photo for Madrona blogNow available in Madrona, this home is a testimonial to design and urban living. Built in 2005, this 3-bedroom, 3-bathroom home is set on a sunny corner lot and is filled with natural light from numerous windows. Designed with a sensitivity toward a contemporary lifestyle, this home offers an open floor plan, high ceilings, bamboo and hardwood floors, a chef’s kitchen, dining room, and a deck with a view that is perfect for entertaining. A multi-purpose room on the lower level offers plenty of additional space.

Located just blocks from Madrona’s main business district, you’ll be within walking distance of the coffee shops, restaurants, and shops that give the neighborhood its friendly character. Numerous parks are nearby, and the home is a short walk from Lake Washington and Madrona beach. Minutes from downtown, and a short jaunt to the Link Light Rail station for easy access to the airport.

For more information about this home or for a private showing, please contact listing agents Jane Powers and Betsy Terry at Ewing & Clark, Inc.

Madrona Community Council Meeting Tonight, 11/3

MCCCome meet with your neighbors and Madrona Community Council members tonight, November 3, to discuss community issues and upcoming events. The meeting begins at 7:15 p.m. at the Madrona Playfield Shelterhouse. Here’s the meeting agenda for tonight:

  • Update on the city rezone of 1106 34th Avenue
  • Final planning for the annual wine tasting fundraiser event taking place November 14
  • Initial planning for the 40th (!) annual Madrona Mayfair
  • General community updates, including the SDOT request for a traffic-speed study on 34th Avenue, and update on SDOT traffic plan along Union Street
  • Annual elections for Madrona Community Council officers

The Madrona Shelterhouse is located at 3211 E Spring St. Hope to see you there!

Madrona Wine Tasting Event – Nov 14th

Madrona WineCome join your Madrona neighbors for the Fifth Annual Fall Wine Tasting event on Saturday November 14 from 6:30-8:30pm at St. Therese Church and stock your wine cabinet just in time for holiday entertaining.

Tickets are on sale now for $32.50.  All tickets include wine tasting with special pricing on a variety of wines, including deep case discounts (pennies above cost!).

Ticket sales benefit the Madrona Community Council and fund neighborhood activities like Mayfair, Halloween and other community-building events.  A special thank you to Leschi Market for arranging the wine selection.

We hope to see you there this year!  It is a fun event and open to all who are 21 years-old and up.

Volunteers Needed For Halloween In Madrona Kickoff Event

PumpkinsThe Madrona Community Council has been hosting a Halloween celebration for the little ghosts and goblins of Madrona since 1995, and this year is no exception. A kickoff event at the Shelterhouse at the Madrona playground will take place between 4:00 and 6:00 p.m. on the 31st, and volunteers are needed to provide sweet treats (either candy or baked goods) for the trick-or-treaters. E-mail Stacey Kryman at staceykryman@gmail.com if you would like to volunteer. More info to come on all the Madrona Halloween festivities!