The Longest Pending Sale

Does anyone remember the 13,000-square-foot Tacoma mansion I mentioned a few times on these pages back in 2011? After a series of price drops from $8 million, to $7 million, to $6.4 million, and eventually $5.4 million over the course of nearly three years on the market, it finally went pending.

In June.

Of last year.

So what could possibly cause a home to be pending for seventeen months and counting? John Gillie at the Tacoma News Tribune has the story.

Weyerhaeuser mansion owners and neighborhood remain locked in a dispute

Photo by Russ Carmack — News Tribune staff photographer file, 2004
Photo by Russ Carmack — News Tribune staff photographer file, 2004
A long-simmering dispute over the use of Tacoma’s former Weyerhaeuser mansion as an event site appears headed for a showdown in early December before a city hearing examiner.

The mansion’s current owner, Oregon-based Corban University, is seeking to sell the 1923-vintage English Tudor mansion, a chapel and classroom building on the grounds to Seattle-based Blue Ribbon Cooking School. Blue Ribbon has been leasing the mansion and its grounds from the university for two years as a venue for weddings, parties and corporate events.

Those events, say the mansion’s neighbors, have created chaos along the tree-lined streets near the mansion as event goers used the streets for parking, have brought their boisterous behavior outside the mansion gates as they leave late at night and have raised the decibel level of the neighborhood with loud music.

Corban University confirmed that Blue Ribbon still has an agreement to buy the mansion subject to its obtaining a permit that will allow it to operate the venue profitably.

Sounds like a load of fun for everyone!

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About The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.

4 comments:

  1. 1

    Wild Parties

    Can destroy the place too….yeah, parking lots of “beer party” cars in the driveway means you can’t get out. Yep, the roads in front of the neighbors eliminate that inconvenience. Let’s hope they sobered down before driving [er, uh, crashing] their way out.

  2. 2
    Shoeguy says:

    Corban University?

    More like Charles Xavier’s School for the Gifted.

  3. 3
    Jonness says:

    If the deal falls through, how about we all go in on it? Either that, or we can rent it for a night and have a massive party. :)

  4. 4
    minitheden says:

    I have been there for an event. I explored the entire estate. One of the coolest things was the built in pipe organ. We parked on the street as did many others and I can see how the neighbors would be bothered by that.

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