It is an honor to wrap up my 2019 listing season with one of my very favorite homes on the island.  I sold this home to my clients back in 2013 and it made my top 10 list that year.  This home was already special and charming before my clients bought it and sprinkled their style and talent for design all over it.  It did not take my clients long to find the best of the best contractors (Tom Whealdon Construction, Salisbury Woodworking, Chameleon Fine Home Painting, Seri Yekel Design) on the island and they did some amazing remodeling and renovations on this home over the past seven years and today it is truly EXCEPTIONAL!

It is certianly one to see in person.  Open Sunday, December 8th from 1-4pm or reach out for a private showing. 

Find out much more about this fine home at bainbridgeviewhome.com or at the Windermere site.

Offered at $1,448,000

10578 Sunrise Drive NE  on Bainbridge Island.

10578 Sunrise Dr NE on Bainbridge Island.

The fabulously remodeled kitchen.

Living room with vaulted ceilings and centerpiece river rock fireplace.

The cozy family room.

Charming main floor hallway.

The master suite retreat.

The spa-like master bathroom.

View from the master bedroom.

The guest apartment over the garage.

The sandy beach – deeded beach access is via a private trail.

Front of the home.

Aerial view of the property.

Details about the home:

Enjoy views of the Sound and deeded beach access from this charming, jewel-box home tucked behind mature, professionally-designed landscaping. Reimagined and masterfully crafted by fine local builder Tom Whealdon, this home is a beautiful marriage of high-end finishes and thoughtful details. Divine chef’s kitchen with French range and Sub-Zero fridge, spa-like master suite retreat, and wide plank quarter sawn oak flooring. The 650 sq ft guest apartment shares the same refinement. A rare find.

  • three bedrooms – 3,241 sq ft in main home
  • guest apartment over garage – 650 sq ft
  • Sound and Cascade Mountain views
  • .59 acres – flat lot
  • deeded beach access
  • remodeled by Tom Whealdon; originally built in 1961
  • chef’s kitchen, spa-like master bathroom, quarter sawn oak floors, wool carpeting
  • fine finishes and  updated fixtures throughout the home
  • two main floor bedrooms; master bedroom on second level
  • heated 2-car garage

Please reach out for a private showing.

Again, much more info on the home can be found here.

 

 

 

 

 

 

 

On December 6, 2019, in Homes, Listing, Open Houses, Top 10 Homes, by

Blakely Harbor on Bainbridge Island.

Things That We Know Are True

In the real estate business, we know never to count our proverbial chickens. Offers aren’t made until directed by a client. Offers aren’t successful until they are accepted. Inspections aren’t completed until everyone is satisfied.  And we never take a transaction closing for granted. Every step forward is a cause for celebration. We view the market in the same way, especially since 2008. So when we say that the first quarter of 2018 had many similar challenges as the first quarters of the past few years, we mean that there was strong demand, some supply, affordable interest rates, and a solid outlook. So we celebrate the first quarter, warts and all.

Beautiful Imperfections

Even some of the warts aren’t as bad as they might seem. This is particularly true of inventory, which has experienced new lows. At the beginning of April, there were only 40 available (active) single family home listings on the island. This includes all prices, pre-sale homes (which haven’t even been finished yet), and your typical cadre of homes that are woefully overpriced or in a condition or location most normal buyers shy away from. (Bainbridge is different from Seattle, where these types of things tend not to deter buyers.) Nevertheless, 66 homes sold in the first quarter, which surpassed our sales from the past two years. Those additional sales also confuse the lower inventory numbers because homes were essentially selling faster (some might call it “velocity” or “higher turn”) so there would have been more homes left on the market if we sold homes at last year’s rate. (The average cumulative days on market fell from 85 in 2017 to 70 this year – a 17.6% drop).

Combined with a 20% increase in both average and median prices (for the first time, our average price for a quarter is over $1 million), you would have to conclude that our market is very strong. Granted, buyers are paying more with fewer choices, but we are still seeing buyers looking west from Seattle and finding a far saner market with much better values. This surge is not limited to single family. Condominium sales matched last year (technically, up by one) with the median price growing 12%, from $515K to $575K. Land sales, unimpressive last year, burst out of the blocks in 2018 with a 50% increase in lots sold and a 100% increase in median price ($217,500 to $435,000).

New construction on Bainbridge Island

The Supply Chain

We know that demand is strong this year, but what about supply? The building behind Harbor Steps (between Cave and Ferncliff) is called Bainbridge Landing and will consist of about 114 rental units. The DR Horton project on Sunrise and Torvanger (11 homes) is about 70% complete with two homes remaining for sale. Quadrant is building 19 homes on Weaver (they are well under construction). The Reserve at Winslow on Finch Road features 12 luxury homes, Madison Grove off of Duane Lane includes eight luxury homes, and Madison Landing at 937 Madison Avenue includes 24 condos. These three properties are being developed by Island Communities by Millennial. The Roost has begun their second phase of live-work structures and The Residences at Pleasant Beach is going in for permits on their second tier of 12 homes. All of these projects are being built within the geographic boundaries of our current comprehensive plan, which has pushed density into specific neighborhoods on the island, leaving the vast majority of our land mass with its much lower density zoning.

Looking Around

How about our neighbors to the west and north? The North Kitsap market (Hansville to Poulsbo) is also active and fast-moving right now. There, 167 homes sold in the first quarter, with an average of 46 days on market, and at a selling pace 34% faster than ours. Since 2015, the median price (currently $385K) has risen 23%, almost 17% of which was a change from this year over last year. Things are popping across the Agate Pass Bridge.

The Value of Knowledge

If the first quarter is an indicator of the rest of the year, it appears we are in for an active year in Bainbridge Island real estate. To keep things moving in the right direction, experienced real estate agents bring a lot to the table. In an environment when buyers need to make decisions on sometimes short pressurized timeframes, a good agent will have sellers’ listings prepared in a fashion where the potential buyers feel more comfortable stretching their budgets. When representing buyers, it’s as much about preparing them to be able to act as it is about advising on locations, limits and putting things in the proper perspective. This guidance to both sides may sound “simple” but often makes many thousands of dollars’ worth of difference in transactions (to say nothing of the peace of mind it provides all parties).

So, right now,  things are good – occasionally a little stressful, but good. Please feel free to call or email to talk about how this current market can work with your current real estate plans.

Grateful. Humble. Excited.

2017 is in the books.  And 2018 is already in the works.  2018 is going to be another busy year.  I am so grateful for the 30 plus islanders who trusted me with their home purchases or home sales.  Or both.  It was a fun and action-packed year working with both repeat clients making moves around the area and helping even more newcomers discover and settle into our amazing island. I am humbled and thankful for the clients who put their trust in me to help them navigate this complex, completive market. I am energized and excited to see what 2018 has in store.

Stay tuned for next blog post about my Top Ten Favorite Homes of 2017. There is one home I still can’t get out of my head . . .

Traditional Polar Bear Plunge at Lytle Beach

Polar Bear Plunge on Bainbridge Island.

Polar Bear Plunge on Bainbridge Island.

Another very Bainbridge tradition.  Make sure you don’t party too hard on New Year’s Eve so you can make it to the Polar Bear Plunge on New Year’s Day.  No need to sign up, just show up a little bit before noon on January 1st, 2018 at Lytle Beach with a swimsuit, a towel, and enough nerve to jump in the very cool Puget Sound waters. Every year a local takes charge and blows a horn to signal the start of the plunge. Parking can be tight and tricky, so I’d suggest arriving around 11:30.  Some folks come earlier and make a bonfire.  Fingers crossed for another sunny one!

What: Bainbridge Island New Year’s Day Polar Bear Plunge

Where: Lytle Beach on the south end of Bainbridge Island

When: Noon on January 1st

 

On December 29, 2017, in Activities, Community, Parks, by

Winslow 2017 Holidays Tree LightingThe Holidays are Here

Today is Small Business Saturday.  Get out and shop and support your local merchants, friends, and neighbors.  There are a host of activities going on in downtown Winslow today, including the Christmas Tree Lighting tonight from 6pm-7:30pm.  Below is a summary of what you can do downtown today to help burn off some of that turkey.

  • Holiday specials in Winslow store 10am to 6pm
  • Hot chocolate in Madrone Lane 1pm-3pm and learn more about the Holiday Giving Trees around Winslow 
  • Free horse drawn carriage rides at the Winslow Green 1-3:30pm
  • Christmas Tree Lighting and entertainment in Madrone Lane 6pm to 7:30pm with holiday music by the excellent BHS Band
On November 25, 2017, in Activities, Community, Events, Shopping, by

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