Curious about what’s happening with Meydenbauer Bay Park & Marina?
The first phase of Meydenbauer Bay Park is now 90% complete. Construction began in early May 2017 and is expected to be complete by the end of 2018. The expanded park will be closed through construction and access to the Marina parking lot is now off 100th Avenue NE.
According to the City of Bellevue website, project highlights will include:
Relocation and expansion of the public swimming beach
Construction of a new beach house with restrooms and showers
Creation of a curvilinear pedestrian pier and hand-carry boat launch
Conversion of the lower portions of the existing park into a natural ravine
Lake Washington Boulevard right-of-way improvements, including undergrounding of overhead power lines
99th Street parking lot and marina entrance improvements
Walking paths, picnic areas, pedestrian promenade and children’s play area.
A recent Draft Marine Spatial Plan for Washington’s Pacific Coast hopes to address potential new ocean uses such as offshore wind energy or offshore aquaculture that could adversely affect the marine waters along Washington’s Pacific Coast and their abundant natural resources. A companion Draft Environmental Impact Statement was also issued in October.
Challenged by increasing building and shoreline restrictions, aging housing stock, and an extreme scheduling backlog for quality contractors, waterfront buyers found fewer modern turn-key homes, in ideal settings, to capture their interest. Waterfront that ‘checked all the boxes’ was in high demand—commanding top prices in 2017—while those requiring considerable renovation/rebuild sat stagnant on the market or sold at well below prior market prices. Don’t expect this to turn around until builders and remodelers become more readily available.
A recently released Sea Level Rise Report published by Washington State Department of Ecology (November 2017) explores how local jurisdictions in Washington currently addressing sea level rise using goals, policies, and regulations in their SMPs.
Washington’s Coastal Atlas includes thousands of shoreline photos and environmental data on Washington’s lakes and beaches. An interesting report titled Washington Aerial Oblique Photography was released in September by the Shorelands & Environmental Assistance Program of the Washington State Department of Ecology. It outlines the history behind the acquisition of these photos that help manage and characterize the cumulative and secondary impacts of growth on Washington’s 28,000 miles of marine and freshwater shoreline over the last 40 years.
Waterfront terminology 101: BANK—The slope or rise behind a beach. Can range in height from a few feet to hundreds of feet. Low or no bank waterfront provides a more expansive beach-level view and is often more desirable adjacent to large (stable) bodies of water. Higher slopes are called bluffs. Shifted tress, scarps or benches in the slope, and debris below a bluff can indicate instability and the potential for landslides.
BULKHEAD—A rigid structure constructed on the beach to control erosion. They are used to protect upland property from wave attack or to hold back material eroding from the upper beach or bluff. Seawalls, revetments, and rockeries are types of bulkheads.
Check out this handy guide by the Washington Department of Fish & Wildlife.
Contemplating investing in a waterfront property or planning to renovate or rebuild your current waterfront home or dock? The Washington State Department of Ecology offers a good Introduction to the shoreline permit system webpage. Because all shoreline permits are processed by the local governments, it is imperative to know who to call for your jurisdiction. Another great resource for waterfront homeowners is the Washington Administrative Code (WAC) that governs shoreline management permit and enforcement procedures Chapter 173-27 WAC. The underlying law can be found at RCW 90.58.140(3) and RCW 90.58.050.
Shorelines are heavily regulated in King County and, love it or hate it, the tight guidelines help keep our Puget Sound lakes in good order. King County’s Lake Stewardship Program has produced several fact sheets on lakeside regulations.
4 NEW LISTINGS – Lake Sammamish ($1.6 M, $3.9 M), North Seattle ($2.4 M) and South Bellevue ($2.4 M)
4 PENDING SALES – Lake Sammamish ($1.6 M, $2.3 M) and Newport Shores ($3.1 M)
1 SOLD PROPERTY – Lake Sammamish ($2.8 M)
8 NEW LISTINGS – Enatai ($3.5 M), Holmes Point ($2.0 M), Kirkland ($7.0 M), Lake Sammamish ($1.6 M, $2.3 M), Mercer Island ($3.1 M), Newport Shores ($4.8 M), and West Seattle ($2.7 M)
2 PENDING SALES – Lake Sammamish ($3.2 M) and Newport Shores ($3.7 M)
2 SOLD PROPERTIES – Enatai ($5.1 M) and Kirkland ($3.2 M)
The most active quarter of the year for waterfront in the Seattle region, Q3 saw two very distinctly separate markets. The more moderate waterfront price points below $4 million experienced an increase in the number of homes for sale while the pace of sales slowed. Turn-key homes with desirable waterfront access were few and far between and many buyers appeared unwilling to purchase a home that didn’t measure up to their expectations.
1 NEW LISTING – Lake Forest Park ($2.4 M)
3 PENDING SALES – Cedar Park ($1.8 M), Magnolia ($1.8 M) and Newport Shores ($3.7 M-Contingent)
7 SOLD PROPERTIES – Kennydale ($1.9 M), Lake Sammamish ($2.4 M, $2.5 M, $3.2 M, $4.7 M) and Medina ($3.7 M, $23.4 M)
5 NEW LISTINGS – Denny Blaine ($9.0 M), Lake Sammamish ($3.2 M), Meydenbauer ($5.2 M) and Newport Shores ($3.7 M, $5.1 M)
2 PENDING SALES – Lake Sammamish ($2.8 M, $4.7 M)
4 SOLD PROPERTIES – Mercer Island ($4.1 M, $4.2 M), Seward Park ($5.5 M), South Bellevue ($4.0 M)
3 NEW LISTINGS – Magnolia ($2.0 M), Mercer Island ($6.5 M) and South Bellevue ($2.4 M)
4 PENDING SALES – Holmes Point ($3.5 M) and Lake Sammamish ($1.5 M, $2.4 M, $4.0 M)
5 SOLD PROPERTIES – Cedar Park ($2.0 M, $2.1 M), Lake Sammamish ($1.7 M), and Medina ($5.0 M, $6.3 M)
3 NEW LISTINGS – Holmes Point ($3.4 M), Magnolia ($2.0 M) and Yarrow Point ($9.4 M)
5 PENDING SALES – Broadview ($3.0 M), Kennydale ($1.9 M Contingent), Lake Sammamish ($3.0 M, $3.3 M), and Seward Park ($6.2 M)
4 SOLD PROPERTIES – Enatai ($3.0 M), Lake Sammamish ($3.3 M), Mercer Island ($2.2 M), and Meydenbauer ($21.0 M)
9 NEW LISTINGS – Cedar Park ($1.8 M), Kirkland ($2.9 M, $4.0 M), Lake Sammamish ($2.9 M, $3.3 M), Washington Park ($6.4 M, $7.9 M), and West Seattle ($1.2 M, $1.3 M)
4 PENDING SALES – Lake Sammamish ($2.5 M), Mercer Island ($4.7 M), Sand Point ($2.4 M), and Seward Park ($6.2 M Contingent)
2 SOLD PROPERTIES – Lake Sammamish ($2.6 M) and West Seattle ($2.2 M)