Northshore Kenmore: Hilarious Website [now offline]

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Northshore Kenmore: Hilarious Website [now offline]

Postby The Tim » Mon May 19, 2008 7:07 pm

----- July 2009 update -----
If you have arrived here looking for the official homepage of Northshore Townhomes in Kenmore, their website is no more. You may want to check out their landing page on ForRent.com, instead.

The following thread chronicles the amusing and sad tale of this out-of-place and horribly marketed townhome development in Kenmore. Enjoy.
----- end of update -----

Northshore Kenmore is an 86-unit townhome development fairly close to my house that is nearing completion. Their website totally cracked me up.

"Just 12 miles from Bellevue Square" (oh and by the way just half a block from James G. Murphy auction which broadcasts their auctioneers on loudspeakers pointed right at you).

And what's with the happy smiling couple super-obviously photoshopped in front of a seaplane? Have they actually been down to the waterfront here in Kenmore? It's pretty much entirely industrial all around the Kenmore Air harbor, all the way to Log Boom park (which is nice, but rather small).

Here's the largest unit on Redfin, asking $365k. The listings proudly proclaim that "the new Village By The Lake city center will be blocks away." Who knows when this so-called "village" will really be built. It's been Kenmore's pie-in-the-sky dream for years now, and all we have to show for it is an empty park & ride lot and some pretty drawings.

I wonder how low they'll be able to drop the prices before they start to face losses. Looks like they paid around $1 million for the land in 2002. Napkin calculation... 86 units, average $325k... if they get current asking they'll take in around $28 million. What do you figure construction cost them? $5 million? $10 million?

In any case, I really am interested to see if they manage to sucker people into these things at the current prices.

Image
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby rent for now » Mon May 19, 2008 7:18 pm

Totally Hot
Totally New
rent for now
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby johnsgonefishin » Tue May 20, 2008 4:42 pm

Only 2 miles from a cold war nuclear missle silo,
TOTALLY HOT!
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby tuxmelvin » Tue May 20, 2008 7:17 pm

Down the street are the newly remodeled Vermont condos, which are going between $189K and $239K. They are not having any luck selling them. When I was there they had sold one unit, and they've been for sale since the beginning of this year. Ouch.
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby The Tim » Tue May 20, 2008 8:33 pm

johnsgonefishin wrote:Only 2 miles from a cold war nuclear missle silo,
TOTALLY HOT!
Huh?
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby The Tim » Tue May 20, 2008 8:33 pm

tuxmelvin wrote:Down the street are the newly remodeled Vermont condos, which are going between $189K and $239K. They are not having any luck selling them. When I was there they had sold one unit, and they've been for sale since the beginning of this year. Ouch.
Plus those are right next to the golf course, and only 11 miles from Bellevue Square!
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby rentalbliss » Wed May 21, 2008 4:54 am

Have you seen the Verdeaux off of 160th, you have a great view of 405. My dad stopped in to see how sales were going and they had according to the sales office sold 6 out of 96 units after over 200 days. For the same price including $250 HOA you can buy a nice SFH with 2000 SQ ft and a large lot within a mile of these and not be looking at the freeway.

http://www.redfin.com/WA/Bothell/15700- ... e/12243707
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby deejayoh » Wed May 21, 2008 7:49 am

rentalbliss wrote:Have you seen the Verdeaux off of 160th, you have a great view of 405. My dad stopped in to see how sales were going and they had according to the sales office sold 6 out of 96 units after over 200 days. For the same price including $250 HOA you can buy a nice SFH with 2000 SQ ft and a large lot within a mile of these and not be looking at the freeway.

http://www.redfin.com/WA/Bothell/15700- ... e/12243707

loved this bit:

Listing Price History
Date Price Oct 12, 2007 $399,990
Jan 11, 2008 $409,990
Apr 21, 2008 $399,990
Source: NWMLS

222 days on the market. I wonder why?
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby rose-colored-coolaid » Thu May 22, 2008 9:11 am

The Tim wrote:
tuxmelvin wrote:Down the street are the newly remodeled Vermont condos, which are going between $189K and $239K. They are not having any luck selling them. When I was there they had sold one unit, and they've been for sale since the beginning of this year. Ouch.
Plus those are right next to the golf course, and only 11 miles from Bellevue Square!


Speaking of which, what's the deal with substituting miles for minutes directly? If a community is 11 miles from Bellevue Square, I guess I could make the trip in 11 minutes.

At 2:00 AM.
On a weeknight.
And if you redefine "from" to me you can see the complex from the freeway.

But if you go to Bellevue Square on a Saturday afternoon, it can take 11 minutes to make a 4 block drive down NE 8th St.
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby johnsgonefishin » Sat May 31, 2008 7:56 pm

Most people do not know of the old nike missle silo on the hill near there. I do not know alot about them but from what others have said is that they were for striking Russia or if a mass of war planes were on route they could detonate a nuke in the air. The missles often were equiped with 30 kiloton nuclear devices.
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby The Tim » Sat Jun 07, 2008 6:16 pm

Hah!

Image

Because a sunny beach with palm trees really says "Kenmore, Washington" (even more so than the smiling couple in front of the Vancouver BC seaplane did).

Also, they're advertising furnished units starting at $279k on billboards around here (though the website shows $299k and doesn't mention the furnished bit). The smallest units they have are 2 bed, 2.25 bath, 1,325 square feet. This pretty much totally screws the folks around the corner trying to sell their 2/2.25 units for $340k and $345k.

The guy asking $345k for his paid $281k back in October 2005, so at this point I have a hard time imagining how he's going to sell without taking a loss.

[Edit:]
Here's an ad I found on their website advertising the furnished units (click to enlarge):
Image
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby EastSider » Sun Jun 08, 2008 9:01 am

The Tim wrote:Hah!

Because a sunny beach with palm trees really says "Kenmore, Washington"

LOL
I like their graphic :lol:
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby rose-colored-coolaid » Sun Jun 08, 2008 10:52 am

I NEED a house in Kenmore. White sand beaches, palm trees, warm ocean waters. I hear everyone who lives (you have to buy a house to live BTW) there also gets a complimentary seaplane. Or at least a Sea-Doo.

Unfortunately, all my real estate friends have been explaining to me eg nauseum that there are literally no homes available for purchase. Foot traffic is so strong right now, that literally nobody is trying to sell their home, and if anybody does accidentally put their home up for sale (Zillow's "Make Me Move" feature), the house sells before the owners even hit submit on an outrageous "Make Me Move" price.

[sigh] I'll never have my dream of owning a condo in Kenmore, Washington. Those of you who are still young enough, learn from my failures. Don't end up like me!
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby The Tim » Mon Aug 04, 2008 7:23 pm

Aww, they took down their hilariously bad website!

Also interesting, I was walking through there today and noticed a little sign in the window of the sales office that said:
Now Renting!
2 & 3 Bedrooms from $1,630 a month!!
Pre-Lease Your New Home Today!
-> Spacious Floorplans ranging from 1,325 sq ft - 1,668 sq ft

Here's their listing on Rent.com.

A cursory search found 2-bedroom, 1,134 sq ft apartments for rent in Kenmore for $1,195. That's $1.05 per square foot.

Northshore's Plan B if they can't find 86 people with $300k to buy townhomes in Kenmore is to rent the units out at $1.23 per square foot, or 15-20% more than the local going rate.

Good luck with that.
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Re: Hilarious Website for New Construction Townhomes in Kenmore

Postby The Tim » Thu Aug 14, 2008 7:57 pm

Totally New! Totally Luxurious!

Image

Totally inappropriate for the Kenmore market! Totally not selling!
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