luxuryspaces.net

In Puget Sound, $1 million doesn’t get you a luxury home anymore.

Sure, you can buy a 4,000-square-foot view home in Mukilteo, complete with a pool and indoor home theater. Or a 3,250-square-foot home on 3 acres in Woodinville. Or a new McMansion on a regular-sized lot on the Sammamish Plateau. Maybe a 1,300-square-foot condo in Belltown or Bellevue.

But luxury you won’t get. Nowadays, a luxury home will cost double, even triple, that in some neighborhoods, agents and appraisers say. The luxury price threshold is more like $3 million.

At the end of November, 110 single-family homes and eight condos priced at more than $3 million were listed for sale in King County, and 10 single-family homes but no condos above $3 million were for sale in Snohomish County, according to the Northwest Multiple Listing Service.

Here’s a look at what you could get if you were home shopping with a budget big enough for luxury:

The most expensive home on the market in King County is a 22,779-square-foot Mercer Island mansion listed for $40 million. The mansion, belonging to Chuck and Karen Lytle, has been on the market more than two years. Some of its more interesting features include a closet with a climate-controlled vault for furs, two wine cellars, four laundry rooms, two saltwater pools � one indoor, one outdoor � and lots of marble.

The priciest place in Snohomish County, a 12,232-square-foot home, lists for $7.95 million and has six bedrooms, seven-and-a-half baths, a 75-foot swimming pool, four-car garage, wine cellar, conservatory and 9 acres with a water view. It has a buyer in a deal subject to inspection.

By: Jane Hodges
Read more from seattletimes.nwsource.com