From the WSJ Real Estate Archives

Jewel of the Emerald City

by Amir Efrati
From The Wall Street Journal Online

[House of the Week]

What: Three bedrooms, five bathrooms in 5,700 square feet.

Where: Seattle

Amenities: 1,500-square-foot terrace with views of downtown, Puget Sound, Elliot Bay and Mount Rainier. Eucalyptus cabinetry, library, three fireplaces, pool access.

Asking Price: $6.5 million

Opening Bid*: $5.9 million

Agent: Michael R. Chamberlin of John L. Scott Real Estate; (800) 924-9111

Due Diligence: This downtown duplex, on the 23rd and 24th floors of Bay Vista Tower, is close to the Space Needle and Frank Gehry’s Experience Music Project museum. Greg Riker, a former executive in high technology, and his wife, Janis, bought it in 1996 for $1.325 million and completely remodeled it during the next two years. The dining room doubles as a board room with a projection screen and there is a recording studio (Mr. Riker was also in the music business) that can be converted into a bedroom. The property is also available minus the attached one-bedroom guest suite, for $4.995 million.

Additional Photos

[dining room]
[den]
[kitchen]
[sitting area]
[entry]
[bedroom]
[bathroom]
[view]
[studio]

Photos by: Brian Francis

*The opening bid is Weekend Journal's estimate of a reasonable starting point for negotiations to buy the property, based on past sales, prevailing market conditions and interviews with local real-estate experts.

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