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According to an advertorial posted in the Seattle Times this weekend, Olive 8 is two-thirds sold. If those numbers are correct they would have sold approximately 150 units thus far. There are a total of 229 units in the building. Olive 8 and Escala make up nearly 80% of the new construction inventory left in… [Continue Reading]
Project: Olive 8 Neighborhood: Downtown Check out this new rental listing on the 18th floor at Olive 8. It is on the NW corner of the building with pretty incredible views. The asking is $4,295 per month. Unit features include: 2 bed, 2 bath with gas fireplace 1,600sf Floor to ceiling glass Stainless steel gas… [Continue Reading]
According to a recent media release See Here, Olive 8 is reporting 15 sales since their reset on 1/1/11. In addition, representatives from the project say they have seen an increase in buyer/broker tours, offers written and an uptick in foreign investment. According to Dean Jones, Owner of Realogics Sotheby’s Int’l Realty, “…….We do sense… [Continue Reading]
As you know by now, I have a job outside of writing this blog. I help people buy and sell condos/homes just like many other brokers in our city. I think I do a pretty good job keeping UCS informative without using it as a platform to consistently plug my own business. On that note,… [Continue Reading]
Project: Olive 8 Neighborhood: Downtown In the final day of our Olive 8 penthouse series, we are highlighting “penthouse three”. Read below for more details: PENTHOUSE THREE 2 bedrooms plus den 2.5 bathrooms 2,835sf (2,317 interior & 518 exterior) 39th Floor Southeast views. PRICING Previous Pricing ($3,050,000) Current Pricing ($2,450,000) Percentage Change (19.6) FLOOR PLAN PHOTO… [Continue Reading]
In the second day of our Olive 8 penthouse series, we have highlighted “penthouse two”. Read below for more details and enjoy the pictures! PENTHOUSE TWO 2 bedrooms plus den 2.5 bathrooms 2,753sf (2,242 interior & 529 exterior) 39th Floor Northeast views. PRICING Previous Pricing ($3,150,000) Current Pricing ($2,595,000) Percentage Change (17.6) FLOOR PLAN PHOTO… [Continue Reading]
As many of you know, Olive 8 has “reset” its approach for 2011. They have pro-actively addressed their marketing, pricing and selling. At this point, many of us have already analyzed the new price changes (see here), but I think you will also enjoy viewing the penthouse options if you have not seen them already. I… [Continue Reading]
As you may have seen recently, Olive 8 made some bold moves to re-invegorate their sales process. First and foremost they gave Realogics/Sotheby’s the exclusive to sell their remaining inventory. Secondly they have gone on record as of this morning with an 18% price reduction across the board (Press Release). Lastly, they also released an… [Continue Reading]
Do you remember just 2-3 years ago when the Seattle skyline was full of high-rise construction cranes? That’s not the case anymore. When it comes to condos, we might not see another project built for 4-5 years. What does that mean for new construction condo inventory? Statistically it can be proven that inventory is in decline;… [Continue Reading]
See below for a press release announcing the newest change at Olive 8. Realogics/Sotheby’s will be selling the remaining inventory. A big congratulations to Dean Jones for earning the business. I’m still in Mexico enjoying time with my family, so I will share more of the details soon. RSIR Media Release – Olive 8 _December… [Continue Reading]
Two units purchased at the Olive 8 Auction are now being rented. Both 2504 and 2604 are on the market for $2,000 (See Here). Both units are owned by the same individual. I toured these units and although they are a bit small, the views are incredible from the 25 & 26th floor. For anyone… [Continue Reading]
Have you used walkscore yet? It is a super resourcful technology that allows you to see the neighboring amenities from a particular address. If you are a boomer looking for walkability or a young professional hoping to be surrounded by the cities best restaurants and nightlife, Walkscore can be a perfect step in the evaluation… [Continue Reading]
As you may have noticed over the last few days, we have listed a few condos in the 2200 Westlake project (Loft living & W1105). After dropping off a few items in one of the units yesterday, I decided to walk to the Wells Fargo at 7th and Olive. It sits across the street from… [Continue Reading]
JUST SOLD Olive 8 Condos | Denny Triangle | Downtown Seattle 737 Olive Way, #2601 Seattle, Wa 98101 1 Bedroom | 1 Bath 689 Square Feet Sold for $161,000 less than the original asking price! Breathtaking views of Elliot Bay, Downtown, Lake Union and Capitol Hill. Beautiful hardwoods, granite counter tops, and top of the… [Continue Reading]
I thought I would share some pics from Olive 8. I attended a final walk-through with a client who closes on their home next week! For those of you that have never done one before, they are kind of fun. You meet with a representative from the project who gives you a tour of your… [Continue Reading]
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