Nice pics in a recent Seattle Times article of a really elegant and warm condo interior in Madison Park. It's a good example of a downsizing for folks who are accustomed to the space and home-iness of a house but want the convenience and amenities of a condo. Of course, this assumes you've got the budget to make that transition without making many compromises but as you can see from these pics, it can be done ;-)
I came across this condo in Madison Park the other day. It's a new construction building with only 3 homes, prices ranging from $995,000-$1,495,000. Not cheap but, it's in Madison Park so don't be surprised that homes are going for close to or more than $1m. The building is set up just slightly above the sidewalk on 1611 43rd Ave E.
It's an interesting condo. Unit A is a townhome style condo with 2 bedrooms and 2 1/2 baths. This unit is closest to the street and has a patio leading out from the living room. Although it is a ground level home, the adequately landscaped patio provides a little more privacy from the sidewalk pedestrians. This home has a bedroom, living room, bathroom, kitchen and dinning area on the main floor. The glass stairway leads down to the lower level which has a 2nd bedroom, media room, bathroom, and a smaller kitchen (without cooking range). This home has the largest square footage of 2,063 and is priced at $995,000.
I have been waiting to tour Madison Lofts for a while. The project seems to be taking forever. Finally, yesterday I had the chance to drop by. I keep asking myself, what am I so attracted to this building? Is it because it is the only new construction condo in Madison Park, the intrigue of modern lofts living in the already upscale residential neighborhood, or Sunday night's news about the developer reducing their price per square foot from $700 to $500/square foot? I have to say it's all of the above.
I took the tour of some of their smaller units and penthouses as well. The lowest price for their loft unit is $429,000 (#210). The rest of them range from $519,950 to $579,950 with the penthouses asking for $799,950 to $1.2M. So far, the project has sold 4 units. Here are a few things about Madison Lofts:
The low profile Madison Lofts projects is set for completion and ready for touring this May.
Here are a few highlights for this project:
From the description, Madison Lofts construction seems to be very similar to 19th Ave Lofts but a little bit more upscale.
Madison Lofts, a low-profile condo project, is moving along nicely with its construction. I snapped the picture above this week. Prices for these homes are going to be available in January 2008 with sales likely to start in February 2008. The exterior is designed using concrete, steel, metal and brick, a rare low-rise mixed-use building in the Madison Park neighborhood.
Madison Lofts, a low profile loft project, is currently under construction. Last year, half of their units were auctioned off with sales prices undisclosed. The remaining units will become available this September.
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Madison Lofts is a 20 unit two story loft project located on Madison St between Lake Washington Boulevard and 29th Ave E. You don’t see too many new condos here. Right behind the condo is the arboretum Park. Drive about 1 miles east and you will reach Madison Park. The neighborhood has a lot to offer. Tree lined street, restaurants, grocery stores, cafés and beautiful Lake Washington are all a short stroll away. Well landscaped homes with different architecture designs can be found in this upscale neighborhood.
Lofts units facing north are going to have views of the park. The size of the lofts will range from 850 to 1,497 square feet. Price starts at $400,000.
Interior features
16' ceilings with a wall of windows
Freestanding stainless steel gas fireplace
Metal frame stairway to loft bedroom with walk-in closet and bath
Wide plank hardwood floors on the main level
Euro style kitchens with sleek stainless steel GE monogram appliances
Slab countertops and custom cabinetry in kitchen and baths
Custom lavatory and extensive tiling in the master and powder baths
Storage in unit
Pluses
• Easily accessible to the highway (520) using Lake Washington Boulevard.
• The convenience of walking to get your grocery, dropping a letter at the post office, getting a cup of coffee and picking up your clothes from the dry cleaners.
Minuses
• Getting in and out of the neighborhood may take some time during peak traffic hours since there are only a few roads that can bring you out of the area.
• Located along a major road, thus more road noise.
Some of you asked me about the Madison Lofts auction. They did have their auction a while ago. It went really well and they sold about ½ of the project. How much it went for were not disclosed. The developer is planning to hold the rest of the homes until construction is completed, currently estimated for spring of 2007.
Latest post on Madison Lofts.
Technorati Tags: Technorati Tags: Madison lofts, madison loft, madison lofts condo, lofts in Seattle, Lofts in Madison Park, Madison Park condos, Arboretum condos
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