With the neighborhood’s Millionaire’s Row and Harvard-Belmont Landmark District, it’s not unusual to see spectacular Capitol Hill real estate listings. It’s no Neighbours, but a 1912-built Interlaken Dr. E home is worthy of note.
For one, it’s owned by a trust associated with Seattle rocker Ann Wilson. For two, its $4.7 million price tag might provide further evidence of softening home prices in Seattle.
The listing describes a seven-thousand-square-foot “mansion” with “exquisite original wood floors, grand staircase, stained glass, French panes, speak easy, pool, spa and pool house.”
It does not mention that the current listing price is more than 20% lower than what they were asking for the property last spring. The dramatic price drop isn’t exactly typical but Seattle has been seeing falling prices. Over the last three months of 2018, Seattle home prices dropped 3.3%, the largest decrease in the U.S.
If you are, indeed, interested in owning a very expensive but lovely chunk of Seattle real estate with Emerald City cultural connections, perhaps we can interest you in this 115-year-old E Aloha five-bedroom that was once the home of playwright August Wilson.
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