Seattle Floating Homes For Sale – Houseboats Holiday?

Seattle Houseboats For The Holidays – Flo Villa Floating Home

Seattle houseboats for sale

If you are interested in living on one of our city’s gorgeous Seattle houseboats then there are only two choices available in the Seattle floating homes real estate market.

There are two Eastlake floating homes for sale currently in the MLS.  One is on the Flo Villa dock and the other is on Wards Cove.

These Lake Union floating homes for sale range in price from $775,000 to $3,295,000 and are quintessential examples of Seattle Houseboats Living℠ and waterfront living in Seattle overall for that matter. What better way to live closer to the water than Afloat In Seattle™ anyway? Let’s look at one of our current favorite Seattle floating homes on the lake.  This gorgeous remodeled Lake Union floating home resides on the Flo Villa dock at 2207 Fairview Ave E in Seattle’s Eastlake neighborhood.  Moorage is secured and with dock approval you may be able to add a recreational boat as well. This gorgeous home was recently listed at $775,000.

2207 Fairview Ave E #11 From the MLS listing description:

The iconic lifestyle you have only dreamed about! Located in Eastlake’s enclave of floating homes, this mid-dock light and bright Lake Union beauty is completely remodeled with an open floor plan featuring 1 BR + flex space, vaulted ceilings, bamboo fl, & new kitchen! Enjoy cozy extras like heated bathroom floor, new electrical, plumbing, windows & insulation. Enhanced further only by the timeless willow tree that also resides here, this home has a great relationship w/ the lake.

  • 1 Bedroom (there is room to add a second bedroom if desired)
  • 1 BathSeattle Houseboats
  • 832 sq feet
  • Built in 1918 but completely remodeled
  • Annual taxes $1,042
  • Bamboo floors
  • radiant heated floors in bath
  • new kitchen
  • newer windows, roof, etc.
  • lots of energy efficient choices went into the upgrade of this one
  • new electrical and plumbing
  • vaulted ceilings
  • open floor plan
  • well organized dock
  • securely owned moorage

We are Seattle Houseboats Realtors and Your Seattle Floating Homes Experts:

We would love to show you this beautiful and thoughtful floating home.  Would you like to see this floating home or are you curious about learning more about Seattle houseboats on Lake Union or Seattle Waterfront Living℠? We would be happy to tell you all about it and show you some of our favorite spots around the lake, including this gem on the Flo Villa dock.

Molly Cartwright | 206.841.6800  | molly@cooperjacobs.com

Courtney Cooper | 206.850.8841 | cc@cooperjacobs.com

©Cooper Jacobs Real Estate

Seattle Houseboats Market Update

Seattle Houseboats Market Update April 2015:

Actives: There are five Seattle houseboats for sale in the “floating homes” category currently. List prices of these active Seattle houseboats range from $510,000 to $1,750,000.  There are Eastlake floating homes, Portage Bay floating homes, and a gorgeous Westlake floating home on the 2420 Westlake dock that we put on last week.

Here is some more on that one since we obviously feel it is the best of the Seattle houseboats on the market right now:

2420 Westlake Ave N Seattle houseboats

  • 2 bedrooms
  • 1.5 baths
  • amazing rooftop deck
  • ownership in income generating private marina
  • built in 1929, but 2008 remodel is more accurate of its presentation
  • 1065 square feet
  • $500/month dues
  • float size is 42 feet by 24 feet
  • annual taxes are only $1831
  • next dock over from the Sleepless in Seattle houseboat
  • $985,000

Pending Seattle houseboats: Currently there are four Seattle floating homes that are pending in the MLS.  In addition to these Seattle floating homes there is a house barge which is also pending inspection.  List price of these pending Seattle houseboats is $695,000 to $1,690,000.  One of them is on a leased dock, one is on a fee simple dock and two are on co-op docks.

In addition to these pending Seattle houseboats, there are two more which we have helped facilitate and  which are pending in Eastlake – priced at $575,000 and $920,000.

SOLD! Seattle floating homes sold in the last 30 days – Just one has closed according to the MLS.  2351 Fairview Ave E #K  was listed for $1,050,000 and sold for $1,000,000.  It has a garage and is on a condominium dock so the dues are lower and the taxes are higher.

Before I go on, let me clarify what a Seattle houseboat is since there is a lot of bad information out there:

In short, “Seattle Houseboats” is the general umbrella overall term which encompasses ALL of the following:

  1. Seattle floating homes – no motor and more permanently connected to sewer, electric, docks, etc.
  2. Vessel Seattle houseboats – navigable and move of their own propulsion but also act as livaboards.
  3. Seattle House Barges – not self propelled, city has grandfathered a number of them in, some hooked up to utilities.

A little about Seattle houseboats from Wikipedia:

Seattle is home to a relatively large collection of houseboats (capable of moving under their own power) or “floating homes” (houses built on floats) neighborhoods, particularly in Lake Union and Portage Bay. The earliest houseboats in Seattle were recorded in 1905, and peaked with over 2,000 houseboats in the 1930s. There are currently approximately 500 houseboats in Seattle. Most houseboats are designed and built for inland lakes and waterways only.

*Molly Cartwright and I are Seattle houseboats REALTORS not just real estate agents who sell Seattle houseboats.  As actual paying members of the National Association of Realtors, we are able to able to ethically sell homes.  Realtors abide by a strong code of ethics which non-Realtors are not required to.  Make sure that when you are buying Seattle houseboat that your broker is also an actual Realtor – not just a real estate agent. It makes a difference in how they are perceived by industry professionals and you want someone representing you who has a good reputation and who you know will act honestly and ethically in a transaction.

If you are purchasing a vessel type Seattle houseboat then make sure that you are using a licensed vessel broker not just a real estate agent.  Vessels are indeed boats so proper licensing should be in place to sell them.  Molly and I also have our vessel license through our SeattleAfloat.com Seattle houseboats division. You have a choice when it comes to who represents you.

More pictures of our gorgeous Westlake floating home listing:

Please call or text Molly if you would like more info or a private showing: 206-841-6800

Westlake, $985,000 - Image 14


Seattle Real Estate: Interest Rates, Affordability, And What’s Next

Looking At Seattle Homes For Sale, Interest rates, and Affordability – Should You Buy Now?  Or Wait?

The fact is that interest rates on 30-year, 20-year and 15-year fixed rate mortgages are some of the lowest in history.  We don’t know how they will increase over the next two years.

In discussions with friends about their plans to purchase a home I often hear them say that they would like to purchase in a year or two.  This is great news for everyone.  However, I usually try to educate them on the current advantages of low mortgage interest rates. – Cooper Jacobs Real Estate

Taking advantage of a 4% or lower loan rate can save prospective homebuyers thousands, if not over $100,000 in the amount of interest paid on the life of a loan.[1] Currently, interest rates on a 30-year fixed loan are setting at 4.02%.  That is the lowest since June 2013.[2] With the economy on track for a solid 3.5% annual growth and inflation rising, investors are beginning to dump bonds for stocks.[3] This, in turn forces financial institutions to raise the interest rates on loan products to keep a profit.

Seattle homes

The economy is no doubt on an upward trajectory.  Baring another economic disaster, the economy will continually improve and force interest rates up.  Can we predict whether interest rates will be significantly higher in 2016?  The answer is no.  However, we can say with confidence that they will be higher and when it comes to your money every dollar matters.

Current homeowners are taking advantage of these low interest rates by refinancing.  They understand the significant savings to be had by leaving their 30-year fixed rate mortgage for a new 20-year or 15-year fixed loan instead.  In fact, 44% of people who refinanced in the third quarter “ditched their existing 30-year fixed rate loan in favor of a shorter-termed 15-year or 20-year loan.  It’s the second quickest exodus from the 30-year fixed rate mortgage in recorded history…”[4]

So, instead of putting off the home buying process for another year or more, people should begin to get their feet wet.

  • Build a relationship with a local Seattle Realtor
  • Ask your Realtor for their trusted resources such as a referral for a lender.
  • Find out what kind of loan options you can qualify for and what is available.

By taking advantage of these resources you can be prepared to pull the trigger when you find a home that you love.  It should also be noted that using a Realtor that is from your neighborhood is a service that will cost you, as a potential home buyer, nothing out of pocket.  So, let a professional help you do the searching and narrow down the choices for you.  In the end, it is all about making things smooth and easy while saving money.


[1] Lisa Ward, “The Steep Cost of Not Refinancing,” The Wall Street Journal, November 9, 2014.

[2] Average 30 Year Fixed Mortgage rates, http://www.mortgagenewsdaily.com/data/30-year-mortgage-rates.aspx

[3] The Detroit News, “U.S. 30-Year Mortgage Rate up to 4.02%,” http://www.detroitnews.com/story/business/personal-finance/2014/11/10/mortgage-rates-rise/18779027/

[4] Dan Green, Today’s Low Mortgage Rates Push Borrowers Away From 30- Year Loans, http://themortgagereports.com/16858/freddie-mac-refinance-report-transition-15-year-30-year-mortgage-loan

Cooper Jacobs Real Estate  206-236-9696

Seattle Houseboats Inventory Trickling In……

The Seattle Houseboats market:  Finally starting to get some listings trickling in….

There are still more buyers than sellers. Inventory is low!  This is similar to other Seattle neighborhoods where inventory is difficult to come by. We do know of a few Seattle houseboats on the horizon as far as market inventory, so stay tuned and we will keep you posted, but in the mean time, I wanted to get a Seattle Houseboats floating homes market update online. Seattle houseboats for sale

Seattle Houseboats Market Update for floating homes on Lake Union and Portage Bay:

Currently there are four Seattle houseboats listings which are Seattle floating homes. Interestingly enough, these Seattle houseboats are priced across the board.  There are two Seattle houseboats that are one bedrooms and listed at $449,000 and the new listing priced at $525,000.  These are both in Eastlake and are wonderful choices and happen to be on the same dock.  The dock these two are on is one of the most well run Seattle floating homes co-ops on Lake Union.  It consists of three docks belonging to “The Log Foundation” and is known for its great reputation.  The three docks in The Log Foundation are the most Southern Eastlake docks that there are so they are a great choice for views and also if you happen to be commuting to South Lake Union (Amazon).  Cats are ok and small lap dogs, too, but you still have to get them approved by the board.

seattle houseboats

2025 Fairview Ave E #R is the newest one listed of these four.  It is a one bedroom/one bath home with the awesome roof top deck everyone wants when they think Seattle houseboats. It is 950 square feet and has a great spot to have your boat alongside.  This home is part of the larger cooperative (The Log Foundation) and they own the moorage slips,  so it is a secure way to own a Seattle floating home.  Let myself or Molly know if you want to see this one or any of them.

There is a great Portage Bay houseboat for sale right now and also another end of dock Eastlake home.  These are priced at $750,000 and $2,888,000.  Personally, I think the Portage Bay floating home is a great buy. Molly and I have sold end of dock Seattle houseboats and look forward to seeing some great ones come on the market as we have a few buyers ready and willing and eager to purchase an end of dock home.  After all, this is Seattle waterfront living at its best!

OH!  Almost forgot!  If you are interested in Seattle New Construction floating homes, then there is one more slip available in the MLS for the newest Seattle houseboats dock, Ward’s Cove.  This is floating homes – not vessels or barges and the new floating home does have to meet certain building requirements and specifications.

We are happy to walk you through any of this. Have a great day! (OH! If you want to list your Seattle floating home or Seattle Houseboat, let us know, please – we would be happy to also just evaluate it for free. no strings attached…)

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Penthouse Unit Available In Veer Lofts!

The two level Veer Lofts Penthouse is available!

Veer Lofts Penthouse

Inspiring South Lake Union Penthouse with sun-drenched floor to ceiling windows & 18 foot ceilings. Urban luxury living at its best has exciting spaces including open hip kitchen & floor plan, beautiful master bed/bath, & flexible spaces for guests/office.

Enjoy your outdoor entertaining spaces & Space needle views: 3 decks with hundreds of square feet of space! A block to streetcar, 2 blocks to Lake Union Park, near Amazon, storage, 2 Parking spots, 2 approved bike racks, + this unit can have a BBQ!   $885,000

For more information, please visit our Veer Lofts page, South Lake Union Real Estate page, or the full MLS listing:  401 9th Ave N.  Additionally, here is a photo gallery of more pictures of this luxurious Penthouse loft in the desirable heart of Lake Union!

For your own private showing:  Molly Cartwright at 206.841.6800 or Courtney Cooper 206.850.8841.  You can also email us at molly@cooperjacobs.com  or courtney@cooperjacobs.com

All The Single Ladies: Female Homebuyers The New Norm

As a broker for the past eight years, and as a woman with quite a few female friends who are single into their 30s and 40s, I have noticed a growing phenomenon. The Single Female Buyer.

With women more employed than ever, and with the average couple marrying later and bringing their own assets and properties to the relationship, women are not waiting until marriage to buy their first home.

According to the State of the Nations Housing: 2009 report, compiled by the Joint Center for Housing Studies of Harvard University, “social and economic trends have given women a more powerful presence in housing markets. Between 1980 and 2000, the number of households headed by unmarried women increased by almost 10 million.” The same study, however, also states that, “because women still earn less on average than men do, they are more likely to face housing problems than either married-couple households or households headed by unmarried men.”

Statistics on Women and Homeownership

  • Interestingly, single female buyers accounted for nearly twice as large a share as single male buyers for both first-time buyers (23 and 15 percent) and repeat buyers (17 and 9 percent).
  • Twenty percent of recent home buyers were single females, and 10 percent were single males.
  • More women (15.5 million) than men (11.8 million) lived alone. Among these, women were more likely than men to own their homes (56% vs. 47%).
  • About one-quarter of the nation’s nearly eight million single mothers spend more than half of their incomes on housing, compared with one-tenth of households headed by single fathers.
  • Over the time period of 1994-2002, the number of unmarried females owning homes climbed from 13.9 million to 17.5 million.

Below is a slew of articles chronicling this rapidly growing phenomenon and suggesting to you, the Single Female Buyer, what you ought to do in terms of real estate investment. My advice is from the heart: buy a home. If you can find a way to do it, especially now that we have gotten through the slump and are in a healthier economic climate, do it.  Nobody can evict you, raise your monthly housing cost, tell you not to paint the kitchen yellow, restrict your pets, etc. Because land ownership has not historically been a woman’s place, it was hard for me to find a great quote by a woman pertaining to this. But as a wise man once said, “Buy dirt, they aren’t making any more of it”. Ownership of one’s home is powerful, both financially and personally. There is nothing I love more than seeing someone become more empowered. Unless that person is trying to take my parking spot.

Sources: 2011 NAR Profile of Home Buyers and Sellers, (Chicago, IL: National Association of REALTORS®, 2010) and The State of the Nation’s Housing: 2012, (Joint Center for Housing Studies at Harvard University, 2012).

Single, female and shopping for a home, (MSN Real Estate, Jan. 29, 2013).

Guess Who’s Driving the Demand for Rental Apartments?, (CNBC, Jan. 29, 2013).

Here’s Some Advice For All The Single Ladies Flooding The Housing Market, (Business Insider, May 16, 2012)

Singles dive into the real estate market, (MSNBC, July 12, 2011).

What Women Home Buyers Want, (Builder, Jan. 14, 2011).

Women Home Buyers, a Major Economic Force in the Industry, Have a Language All Their Own, (NAHB, Aug. 23, 2010).

Single Women Home Buyers: Key to the Housing Recovery?, (AOL Real Estate, May 14, 2010).

Wanted: Single Women Home Buyers, (SmartMoney, Apr. 9, 2010).

Singles, especially women, a growing share of homebuyers, (Chicago Tribune, Feb. 28, 2010).

Women make up their mind faster when buying a home, (Inside Tucson Business, Sept. 11, 2009).

Gender differences abound in the home-buying process, (RISMedia, Sept. 1, 2009).

Single women skilled in house buying, (Washington Times, July 11, 2008).

Women homebuyers growing in number, (Ventura County Star, Jan. 27, 2008).

They’re buying solo, (Newsday.com, Mar. 15, 2007).

Singles taking stride in the home buying market, (The Hammond Times,Feb. 17, 2007).

As the Nation Changes, So Do Home Buyers, (RISMedia.com, Feb. 13, 2007).

Seattle Floating Homes: New One On The Market With Owned Slip!

Seattle floating homes inventory is LOW..seattle houseboats

Brand new on the Lake Union floating homes market and on the acclaimed Tenas Chuck cooperative dock, is Houseboat C for sale for $515,000. This 2 bedroom/1 bath floating home is highly sought after OWNED moorage on a great Seattle houseboat dock!  Looking for the ultimate in Seattle waterfront living?

Eastlake, $515,000 - Image 1

If you would like more information or to schedule an appointment to see it, let us know – houseboats@cooperjacobs.com

Listed by Cooper Jacobs Real Estate LLC Seattle floating home Brokers / Realtors Courtney Cooper and Molly Cartwright

How To Buy When You Already Own

How To Buy When You Already Own
Do you own your home or condo but want to sell it and buy something with more space, a different location, or perhaps a view?

One option is to take out a HELOC. A Home Equity Line of Credit (ask me for a lender with great programs of these right now) lets you take out a certain percentage of your home’s equity to use as a downpayment on your new home. To find out how much equity you have, contact a Realtor, like myself, to research the value of your home (it changes ALL the time). If you have a certain percentage of equity, you can qualify for a new loan. And if you’re preapproved for your new home loan, I can get the home you want to sell prepped for the market pronto!

Another option is a bridge loan. A bridge loan has some ramifications though. They generally tend to have higher interest rates and need to be paid back in a specified amount of time. It’s like a short term loan on your current property to buy a different property. It’s all about timing with a bridge loan. You can find out more about bridge loans HERE.

You can always make an offer contingent on your home selling. This is perhaps the option offering the least amount of risk. Of course with our current market today, properties are moving fast and a contingent offer isn’t as clean as an offer with a definitive close date, for example. But if are you a homeowner considering the contingent offer option, consider the right list price and a home in tip-top shape, it won’t take long to sell.

molly a. cartwright | seattle realtor
cooper jacobs real estate, llc
206.841.6800
“Serving home buyers and sellers in Seattle’s most popular neighborhoods”