Leavenworth Real Estate

Archive for the 'Leavenworth Vacation Homes' Category

Leavenworth Real Estate | Sold Homes July 2009

In July, 7 homes sold in the Leavenworth area.  No condos sold this month.

 

812 Cedar Street, Leavenworth

List price: $229,000.  Sold price: $203,000.

Days on Market: 206

2 bedrooms | 1 bath | 720 sqft| .04 acres.

Small home with a garage on a small lot.  This home last sold Aug 2008 for $190,000.

 

 

21720 Palamino Road, Leavenworth

List price: $230,000.  Sold price: $209,000.

Days on Market: 228

1 bedrooms | 1 bath | 870 sqft| .30 acres.

Cozy cabin at the corner of Stirrup and Palomino in Ponderosa neighborhood.

 

 

15801 Cedar Brae Road, Leavenworth

List price: $295,000.  Sold price: $288,000.

Days on Market: 77

2 bedrooms | 1 bath | 900 sqft| .57 acres.

Cute cabin across the street from Lake Wenatchee on the south shore.  On market for 18 days before it went under contract.

 

 

21305 Stetson Road, Leavenworth

List price: $368,000.  Sold price: $320,000.

Days on Market: 326

3 bedrooms | 2 bath | 1650 sqft| .39 acres.

Cabin on a quite street in the Ponderosa neighborhood.  Open floor plan with good living space.

 

 

324 Tumwater Drive, Leavenworth

List price: $3,490,000.  Sold price: $325,000.

Days on Market: 64

3 bedrooms | 2 bath | 1260 sqft| .14 acres.

In town rambler in a newer section of town.  I believe the inital list price was bit of a typo, one too many zeros, but it made me do a double take.

 

 

17594 North Shore Drive, Leavenworth

List price: $599,000.  Sold price: $465,000.

Days on Market: 196

3 bedrooms | 3 bath | 3100 sqft| .24 acres.

Newer construction across the street from Lake Wenatchee on the north shore.  Has been on/off the market since 2008.  Builder was using it for a bit.  One reason for long time on market was due to the unknown fate of a platted lot between this home and N. Shore Dr.

 

 

12022 Spromberg Canyon Road, Leavenworth

List price: $749,000.  Sold price: $627,150.

Days on Market: 962

4 bedrooms | 3 bath | 3896 sqft| 6.20 acres.

This property was on the market from ’04 to ’06 and then again from ’08 to when it sold this month.  Used as a B&B it also has a second home on the property.  Additionally, it is set up for horses.

 

More Leavenworth Real Estate Info

• Click Here to See Leavenworth Sold Homes for June 2009
• Click Here to See Cashmere Sold Homes for July 2009
• Click Here to Search for Leavenworth Homes for Sale

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.

Leavenworth Real Estate | Sold Homes June 2009

June was a busy month with 8 single family homes sold in the Leavenworth area, 1 home in Peshastin, and 2 condos in Leavenworth.

 

172 Evans Street, Leavenworth

List price: $294,000.  Sold price: $217,000.

Days on Market: 395

4 bedrooms | 1.75 bath | 1734 sqft| .24 acres.

1950′s home in town.  This home had a flat roof which contributed to the discounted price and the long days on market.

 

 

18690 Rieche Road, Leavenworth

List price: $249,000.  Sold price: $249,000.

Days on Market: 51

2 bedrooms | 1.5 bath | 1344 sqft| .34 acres.

Cute, barn shaped  cabin with a two car garage close to Coles Corner.  Aggressively priced, it was on the market 10 days before it went pending.

 

 

245 Center Street, Leavenworth

List price: $275,000.  Sold price: $267,500.

Days on Market: 51

3 bedrooms | 1.5 bath | 1730 sqft| .30 acres.

In-town rambler, this home sat on 4.5 city lots.  Nice mountain views with large back yard.

 

 

 

415 Ash Street, Leavenworth

List price: $309,000.  Sold price: $270,000.

Days on Market: 226

3 bedrooms | 2 bath | 1444 sqft| .14 acres.

Leavenworth classic home with original refinished floors and  turn of the century charm.

 

 

2307 Pine Tree Road, Leavenworth

List price: $489,000.  Sold price: $350,000.

Days on Market: 231

3 bedrooms | 2 bath | 1172 sqft| .41 acres.

River front property in Chiwawa River Pines.  This home got foreclosed on and the bank ended up as the sellers.

 

 

8211 Lynn Street, Peshastin

List price: $598,000.  Sold price: $379,000.

Days on Market: 317

4 bedrooms | 3 bath | 2930 sqft| .44 acres.

This home is located in Peshastin on the Wenatchee River.  This home last sold in 2005 for $350,000.

 

 

16740 North Shore Drive, Leavenworth

List price: $675,000.  Sold price: $457,000.

Days on Market: 402

4 bedrooms | 2.75 bath | 2420 sqft| .76 acres.

Large cabin with great front room across the street from Lake Wenatchee.  While this home had unobstructed lake views, it did not have lake access.

 

 

8515 Icicle Road, Leavenworth

List price: $525,000.  Sold price: $515,000.

Days on Market: 49

2 bedrooms | 3 bath | 1801 sqft| .72 acres.

Great cabin on Icicle Road with nice mountain views.  Part of the cabin was used as a nightly rental.  This home was on the market 6 days before it went under contract.

 

 

9284 Icicle Road, Leavenworth

List price: $1,690,000.  Sold price: $1,300,000.

Days on Market: 428

3 bedrooms | 3.5 bath | 4376 sqft| 2.27 acres.

Modern home on 2+ private acres with a commanding view of the Wenatchee River.  Tied for the most expensive single family home ever sold in the Leavenworth area.

 

 

 

Leavenworth Sold Condos:

 

340 Prospect Street F-2, Leavenworth

List price: $219,900.  Sold price: $215,000.

Days on Market: 13

2 bedrooms | 1.75 bath | 1027 sqft.

This condo went straight to pending and was never on the market.  West side of town, this condo can not be used as a nightly rental.

 

 

1509 Alpensee Strasse #5, Leavenworth

List price: $629,500.  Sold price: $425,000.

Days on Market: 716

2 bedrooms | 2 bath | 1500 sqft

New construction condos on the Wenatchee River with nice finishes and great river views.  This development has had a couple of different agents and a series of price reductions.

 

 

More Leavenworth Real Estate Info

• Click Here to See Leavenworth Sold Homes for May 2009
• Click Here to See Cashmere Sold Homes for June 2009
• Click Here to Search for Leavenworth Homes for Sale

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.

Leavenworth Forest Fires – An Insurance Prospective

Guest Post by Eric Kossian of Leavenworth Insurance

The areas surrounding the towns of Leavenworth, Cle Elum, Twisp, Chelan, Entiat, Winthrop and parts of Wenatchee are some of the most fire prone areas in Washington, where there are large numbers of homeowners at risk. From year to year the wild land fuels, level of drought, temperature and weather combine to make a moderate to severe fire season.  You can view the full seasonal assessment each year at www.predictiveservices.nifc.gov/outlooks/outlooks.htm

These areas are some of the most lightning struck areas in the entire United States (often in the form or dry lightning) and it is not uncommon to have 10- 20 fires started from one passing storm further compounding the problem for firefighters.

What Has Been Learned From Past Fires?

1.       Stay alert for evacuations during mid June to Oct. If there has been a lightning storm or you smell smoke, turn on the radio to listen for any evacuation updates. With limited Sheriff personnel and a fast moving fire, they do not always have the time to notify everyone door to door so make your own decision. If you are advised to evacuate, do so immediately; fires can move 20- 40 miles in an hour under the right conditions.  Do not think that you will be able to make any difference by staying; leave that to the firemen. If you have time, close all windows and doors when leaving to prevent smoke damage and remove from against the house (at least 30 ft. away) any easily burnable items such as stacked firewood.

2.       Prepare your Property. Have only very low vegetation (such as green grass), if any, surrounding the 1^st 50 feet from the home. Any trees within 50 ft should be limbed up to 15 ft to prevent fire turning your pine trees into flaming torches. Firefighters will make decisions about whether or not your home is “defensible” by the level of fuels present immediately surrounding your home.  You might even ask your local fire dept. to give you their recommendations for what you can do to make your property safer.

3.       Fire losses are basically one of 3 levels:  1. If a house is actually burned at all, it has a 90% chance of being a total loss.  2. Only 10% of homes with actual fire damage are partial burns, such as a garage door or deck.  3. Smoke Damage:  After a wild fire, it is not uncommon to see no damage to homes but all their contents in piles outside. (source: Insurance Journal May 18,2009)

4. 5 key things to look for in a good homeowner’s policy. Many of the best insurance companies offer less than ideal policies. Not all policies are the same; here’s some key things to consider:

A.      Does your home have “full replacement cost” or the more limiting “extended replacement cost” like 95% of policies have. That can make a difference of $100,000 or more in out of pocket costs after any fire.

B.       Does your policy have “ordinance and law” coverage to pay for current code requirements or will your policy just pay to replace what was there?

C.      Does your policy have “additional living expense” (ALE) coverage or broader “loss of use” (LOU) coverage? ALE will not pay for your additional living expenses if you are just required to evacuate for a week but have no damage to your home, whereas LOU pays for up to two weeks when “civil authority prohibits use”.

D.      Furthermore, some companies limit coverage from ALE or LOU to a specific time limit of 12-24 mo. For larger home or in areas where the number of homes having to be replaced exceeds the number of quality contractors to go around it is very unlikely the 12 mo. limit on additional living expenses will be enough.

E.       Many policies limit either ALE or LOU to 20% of the estimated replacement cost of the home. Better policies provide 25%, 30% or just a time limit and that can mean an additional $20-40,000 in out of pocket costs paid by the insurance company for the average homeowner.

Eric Kossian, Underwriting Specialist, owns an independent insurance agency catering to financially responsible homeowner clients throughout Washington State. He can be reached at by email at [email protected]

Kahler Glen Condos : Oversupply = Time to Buy

Updated 4/23/2012

Condos at the Kahler Glen Golf Course near Lake Wenatchee have been a favorite with Leavenworth vacation home buyers for the past few years. Everyone seems to have a favorite reason:

• On the Kahler Glen Golf Course
• XC ski out the door in winter on groomed trails
• About 200 sqft bigger than other 2 bedroom condos
• Minutes to Lake Wenatchee
• Easy to add to Kahler Glen Rental Pool

 

 

 

 

 

 

 

 

From 2005 to 2007 we saw relatively few condos at Kahler Glen come on the market and even less of the Natapoc units on Clubhouse Drive. This scarcity has caused prices to climb up and up and up. In 2005, 2006, and 2007 all the units that came on the market were sold.

In early 2008, I had a client ask about Kahler Glen Condos and I helped him find one, even though there weren’t any listed. We were able to get one for $325,000 which included a membership to the Kahler Glen Athletic Club .   A few months later another agent listed a unit for $369,000.

Unfortunately for Kahler Glen Condo owners more units came on the market in 2008 as our real estate market was quieting down and the stock market was taking a nose dive. As more units came on the market, and no condos sold, the sellers had to adjust their prices.

In 2008, 3 Kahler Glen Condos were listed on the MLS and in 2009 an additional 2 were added to the list. In 2009, oversupply lead to dropping sales prices and I wrote that this might be a good time to take advantage of low prices.

Despite an increase in sales, supply continued to outpace demand at Kahler Glen. The following is an updated chart showing the history of Kahler Glen condo prices over time.

 

 

Kahler Glen condominium prices have dropped approximately 50% of their value since the peak of the market in 2007. They are the only subsection of the Leavenworth market to do so.

Future pricing of these condos depends on the number of units available for sale in relation to the number of sales.

Click here to see which Kahler Glen units are currently for sale.

 

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.

Leavenworth Real Estate Update | Sold Homes April 2009

Two homes sold in the Leavenworth area in April, one in town and one out off of Chiwawa Loop Road.  No condos sold this month.

 

416 Burke St, Leavenworth

List price: $269,000.  Sold price: $250,000. 

Days on Market: 90

3 bedrooms | 1 bath | 2326 sqft| .22 acres.

Former US Forest Service house, this home has a full basement with two additional non-legal bedrooms.  It also sits on three city lots and has a garage.

 

 

 

 12310 Allen Road, Leavenworth

List price: $459,950.  Sold price: $393,000. 

Days on Market: 197

3 bedrooms | 2 bath | 1712 sqft| 2 acres.

Cute cabin in the Shugart Flats area.  Great Patio and part of the acreage is parked out with a nice area for kids to play.

 

 

More Leavenworth Real Estate Info

• Click Here to See Leavenworth Sold Homes for March 2009
• Click Here to See Cashmere Sold Homes for April 2009
• Click Here to Search for Leavenworth Homes for Sale