Following the widely attended property preview opportunity last weekend, the first home in Fort Lawton’s Montana Circle went onto the market yesterday, and was met with significant media attention.
The Homes at Fort Lawton’s biggest press mention of the day comes from the Seattle Times. As the largest newspaper in the state, an exhibition from the Times on the project did not go unnoticed.
Announcing the official first home to hit the market for sale, the Times chronicled the huge undertaking made by Rise Properties, who purchased the vast property from the US Navy in February. The chance to own a piece of property amidst Seattle’s preeminent public park is enough to garner attention and buzz on its own, the Times notes.
As such, bidding wars are to be expected but Gary Blakeslee, Vice President for Rise hopes to curtail a chaotic sales process in preference of buyers making their first and best offers. Still, President and CEO of Realogics Sotheby’s International Realty, Dean Jones, expects multiple offers on each of these extremely unique homes as they come to market.
“We hope to attract a standout offer on the home, which makes the choice obvious to our seller,” said Jones. “While price is certainly a factor, so is the passion for the park and the history of Fort Lawton. It’s clear to me that Rise Properties is very focused on programming the best stewardship for the ongoing legacy of these one-of-a-kind residences.”
The Homes at Fort Lawton did not always exist in Discovery Park; in fact, Discovery Park itself owes its existence to the previously held US Army fort being bequeathed back to the city of Seattle. The opportunity to live just minutes from downtown Seattle, all while feeling a world-away in an expansive 534-acre park with breath-taking views of the Puget Sound and Olympics.
The history of the land is as interesting as the project of renovating and preserving these homes.
Following the onslaught of media attention, urbnlivn, the Seattle Real Estate blog, highlighted how monumental of an event the first home going on the market it. Urbnlivn casts a light on how truly painstaking and detail-oriented of an undertaking this project is for Rise Properties.
“This wasn’t a quick flip. The developer, RISE Properties, is super passionate about the project and certainly got their hands dirty re-developing homes that were built between 1899 and 1935.”
Urbnlivn eloquently showcases the homes and honors and recognizes the time and care that went into their preservation and renovation.
The Daily Journal of Commerce‘s Real Estate reporter, Nat Levy, marked the day the first Montana Circle home to be listed with an in-depth look into the care and detail that went into such an impressive project.
“The Rise team spent about $200,000 on each of the smaller houses and $600,000 on each of the bigger ones. Some are done and others are still getting upgrades. The work includes new electrical, mechanical and plumbing systems; radiant heat in some of the floors; new roofs, paint and siding; window repairs; and new appliances. The team is also trying to keep all the architectural details that can be saved. ‘You get the benefits of new construction (but) with historic brick walls downstairs and historic exterior,’ Blakeslee said. ‘We think that’s pretty special.'”
Rounding out an impressive day of media attention, the Seattle Post-Intelligencer highlighted how truly unique these homes really are, even for a city who is know stranger to unique homes such as Seattle. Citing the shear fact that the homes were formerly military, the PI proclaims the Homes at Fort Lawton are “about as unique as they come.”
Despite how beautiful and well-preserved they are, being on a historic site was not without hurdles along the way: “‘The toughest part is behind us,’ Blakeslee said, referring to the arduous, bureaucratic process of readying historic homes for public sale. ‘We all recognize the responsibility of conserving the living legacy of Fort Lawton, while at the same time creating a distinctive residential community.'”
Doing the job right and doing it with great care is of utmost importance to the developer, Rise Properties, when embarking on the huge project.
Given all the recent exposure in print and online, it’s no surprise that broadcast media was to follow. King 5 was first to report the first listing, and news anchors offered their own commentary on the opportunity to live in a park.
*Please note, the Grand Tour Event has been rescheduled for October 10th.