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Seattle Bubble Forum Archive • View topic - New Construction Sale

New Construction Sale

Anything and everything relating to Seattle-area real estate.

Moderators: synthetik, The Tim, Lake Hills Renter

New Construction Sale

Postby Cougar » Sat Jun 14, 2008 6:09 am

As more new construction are reducing prices to keep inventory from sitting vacant, some aren't building after developing the lots, instead selling the lots as "build ready". Here is a mansion waiting for a buyer.

http://www.redfin.com/WA/Monroe/228-Kin ... e/12466762

26 acres, 11 fireplaces, 5 bedrooms, 5 baths, awesome view, yet....

Listing Price History

Feb 08, 2008 $1,495,000
Mar 10, 2008 $1,445,000
Apr 09, 2008 $1,395,000
May 08, 2008 $1,345,000
Jun 09, 2008 $1,295,000

I'm sure the builder imagined a better profit. It doesn't look pretty.
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Cougar
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Re: New Construction Sale

Postby Cougar » Sat Jun 14, 2008 6:18 am

High end builder must liquidate. Ready to build lot 12,( and many more) located in exclusive community of luxury view homes.

http://www.cbbain.com/PropertyDetail.as ... D=32017292
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Cougar
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Re: New Construction Sale

Postby The Tim » Sat Jun 14, 2008 7:55 pm

The Tim
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Re: New Construction Sale

Postby deejayoh » Mon Jun 16, 2008 1:27 pm

What kind of fool builds a $1mm plus mansion in the middle of nowhere on spec? Must be more to this story, me thinks.
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Re: New Construction Sale

Postby Cougar » Mon Jun 16, 2008 1:41 pm

Fool On The Hill

(The Beatles)

Day after day, alone on the hill,
The man with the foolish grin is keeping perfectly still.
But nobody wants to know him,
They can see that he's just a fool.
And he never gives an answer .....

But the fool on the hill,
Sees the sun going down.
And the eyes in his head,
See the world spinning around. :shock:
Cougar
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Re: New Construction Sale

Postby Cougar » Mon Jun 16, 2008 1:48 pm

I'd be interested but it doesn't mention having a "generator"! I did drive to see it, really amazing view once you climb the steep driveway. What I saw that was a shame was a long line of abandoned old rusted working trucks bumper to bumper on the property next to this. Sad. It would make a great get a way resort place, if people could find it.
Cougar
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