Roomy Mansion With a View
On Washington's Puget Sound

What: Four bedrooms, four bathrooms in 7,320 square feet on less than an acre.

Where: Seattle

Amenities: Five fireplaces, 150-foot water frontage, temperature-controlled 5,000-bottle-capacity wine cellar, library. All bedrooms are en suite, and all three levels of the home have large terrace space.

Asking Price: $8.9 million

Opening Bid*: $8.3 million

Listing Agents: Lisa Strain and Katharine Gibson, Windermere Real Estate, 206-527-5445

Due Diligence: Owners Ron and Bonnie Elgin finished building this three-story Italianate-style home in 1995 on land they bought two years earlier for about $1.75 million. Mr. Elgin, a 63-year-old advertising executive, says the couple razed a Colonial-style home that stood on the property, which is on a peninsula that juts into Puget Sound. (The house's neighborhood, the Magnolia district west of downtown Seattle, is dotted with expensive homes.) About 2,500 square feet of terrace and balcony space surrounds the house, which has wide views of the sound, San Juan Islands and the Olympic Mountains. All of the four bedrooms have balconies, and most of the rooms have water views. Sixteen-foot-high doors open to a foyer with marble floors and double-barrel vaulted ceilings more than 20-feet high. A great room includes a floor-to-ceiling fireplace with hand-carved, ornate designs. A wraparound terrace surrounds the home's main level.

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