One Main Street Condominiums sold 2 more of its 57 homes last week. The remaining 10 homes, a variety of 1-bedroom condos, range from 662 to 880 square feet and are priced at $299,900 to $439,900.

These residences feature air conditioning, German-engineered cabinetry, hardwood floors, and garage parking. The location includes a new retailer, the Italian deli Mercato Stellina, on the main level.

In January, Bellevue Towers sold 13 homes, bringing this urban condominium project to 50 percent sold. The remaining homes include studio and 1-bedroom condos priced from the $300,000s, 2-bedroom residences priced from the $600,000s, and penthouses priced from $2 million. The homes range from 807 to 6,398 square feet.

Bellevue Towers offers concierge service and gives residents access to a variety of amenities, including: a 24,000-square-foot urban garden, a private screening room, a large dining room with a terrace and kitchen, a fitness center, a spa and sun deck, and a terrace with a fireplace and barbecue grill.

Readers, what do you like about living in downtown Bellevue?

A 37th floor condominium at Lincoln Tower in Downtown Bellevue has just been listed for $4.5 M. The 2-bedroom, 3,007 square-foot unit has gorgeous views of the Seattle skyline, Olympics, and Mount Rainier.

According to the real estate listing, the original owner purchased the unit as a shell and has since customized the unit. The master suite has a jetted tub, steam shower, and refined cabinetry, just to name a few of the amenities inside the home. The unit includes 2.5 bathrooms and 2 parking spots.

The condo was originally sold for $2,475,000 in 2006 and is now being sold for over 80% more.

650 Bellevue Way NE #3704
Bellevue, WA 98004

Bellevue Towers’ remaining homes include studio and one-bedroom residences, ranging from 807 square feet to 6,398 square feet. Prices start from the $300,000’s.

The Bellevue Towers include a 42-story North Tower and a 43-story South Tower. Each tower has its own lobby with concierge service. Residents of Bellevue Towers have access to a large urban garden that defines the two towers, a private screening room, large dining room with terrace and chef’s kitchen, fitness center, spa and sun deck, and a great room that opens to an expansive outdoor terrace with fireplace and barbecue grill.

Pricing and tour information available online.

Have you wondered how the million-dollar condos have been selling in Downtown Bellevue? UrbanCondoSpaces, a local real estate blog, recently researched how condo homes ranging from $800K – $1.5M have been selling.

The data showed that within a 6-month range, from June – December 2011, 11 condos were sold. The units averaged 1,988 square feet. On average, the 11 condos sold at 97% of their listing prices. As the article points out, there are likely additional discounts that are being given to buyers, such as closing cost credits or upgrades within the units.

Here is a breakdown of which buildings have been selling units within the above mentioned price range, from June – December 2011:

Bellevue Towers: 8
One Lincoln Tower: 1
One Main Street: 1
10055 Meydenbauer: 1

Credit: UrbanCondoSpaces

The 10-story, 57-unit complex opened in early 2010.  One Main Street represents one of the only three new condo development projects in Downtown Bellevue.  The other developments that currently have new condos for sale include Bellevue Towers & Washington Square.

The One Main Street showroom is typically open Saturday through Wednesday 11 AM to 5 PM at 10000 Main Street.  For questions about One Main Street, or to make appointments call 425-452-6246.

The company reported that it was “out of contract” on the southern part of the block, according to an article in the Seattle Daily Journal of Commerce. Touchstone Corporation had a purchase-and-sale agreement with Wasatch Development Associates, which owns the superblock.

The Washington Square superblock — bordered by Northeast 8^th and 10^th streets and 106^th and 108^th avenues northeast — was intended to be a 15-story complex with 250 hotel rooms, about 320,000 square feet of office space, and 20,000 square feet of retail space, according to Touchstone’s website.

Now Wasatch Development Associates is working with design firm NBBJ to develop a project with office, hospitality, and retail space on the 10.5-acre block. The northeast corner of the block could also include housing.

Bellevue Towers will host a festive evening of holiday shopping at its condominium homes in downtown Bellevue in December.

Bellevue Towers’ holiday trunk show runs from 4-8pm on Wednesday, Dec. 7, throughout various homes, including models on the upper floors of the north tower, at 500 106^th Avenue NE.

The event features decorative holiday treatments, home and fashion accessories, hostess gifts, specialty food baskets, jewelry, and gifts for pets from a variety of northwest merchants. Purple Café & Wine Bar will provide wine and hors d’oeuvres. Complimentary valet parking will also be available

This 42- and 43-story condominium community offers studio and 1-bedroom residences, priced from the $300,000s, 2-bedroom homes priced from the $600,000s, and penthouses priced from $2 million. For more information, call (425) 454-9922.

Merchants in attendance:

• Masins Design
• Orvis Maison
• Wee Tots Urban Dogs
• Alicia Per Terra Bella
• Gourmet Blends City Flowers
• Bellevue Arts Museum Store
• VueSociety

In the last couple years there has been an abundance of frozen yogurt shops in Downtown Bellevue. Unfortunately it looks like Shnoo was not able to survive and has recently closed its shop, which is located at Washington Square next to Top Pot Doughnuts. This is the 2nd frozen yogurt shop to close in Downtown Bellevue, as 3 Berries at The Courtyard Marriott was also previously a victim to the excess amounts of frozen yogurt establishments.

Red Mango, Blissberri, and CeFiore will be met by Yogurtland when it soon opens on Bellevue Way. Will another shop fall victim in the year to come?

In May of 2010 we reported a One Lincoln Square penthouse condominium that was for rent. At that time it was available to be rented for $17,500 a month. That same property, according to the real estate listing, is now available for sale as a bank-owned property for $4,950,000.

The lavish home is located on the 42nd floor and is 4,058 square feet; it has 2 bedrooms, 2 ½ bathrooms, and includes a theatre room. The 20-foot tall floor-to-ceiling windows allow for beautiful views of Mt. Rainer and The Olympics. The condo is filled with luxury finishes that must been seen to be appreciated, including the highlight of the living room – a Chihuly glass chandelier.

One Lincoln Square condo owners also have access to the Westin Bellevue’s pool, fitness center, and spa.

Address:
650 Bellevue Way NE #4102
Bellevue, WA 98004

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Update: The price has just recently been lowered to $4,500,000

This family-friendly event will offer guests the opportunity to enjoy grilled food, meet neighbors, and talk with Washington Square’s sales staff. Washington Square will also host a raffle where there will be an opportunity to win some great prizes.

The barbecue will take place at noon to 2pm Saturday, July 16, at Washington Square Canyon Townhome 10.