What’s Wrong With This House: Light-filled Magnolia Abode
This hillside home in Magnolia has been on the market for 193 days. Why?
By Lauren Mang July 15, 2015
Each month, we crawl through real estate listings on various websites searching for homes–in all sorts of price points and locations–that for some reason, just haven’t found the right person or family to call their own. Sad. But why haven’t these seemingly lovely dwellings sold? A few months ago we featured this one (which shockingly still hasn’t been scooped up) and got tons of great reader theories as to its continued market presence. My favorite: That it was haunted by a wealthy ghost.
If you’ve ever wanted to live in a house in Magnolia with spectacular views, now is your chance. This 2,600-square-foot, four-bedroom pad along 42nd Avenue W overlooks the Lake Washington Ship Canal and the Cascade mountain range. Pick a floor–you’ve got two that are full of windows and outdoor space. Plus, it’s located on a private, dead-end street and is a breezy walk to the Locks and Discovery Park.
So why hasn’t it sold? Price, as we all know, is usually a factor, and in this case it appears the owner lowered the price in April 2015 from $1,190,000 to it’s current asking at $1,170,000. It has an open floor plan with dark bamboo flooring and vaulted, beamed ceilings, so you’d think buyers would be clamoring to snatch it up. The kitchen is nothing to write home about, however. It’s rather small and you’d think at such a high price point, you’d be getting a bit more of a chef-inspired cooking spot.
Take a look at the photos below and see what you think.
So what do you think? Why hasn’t this Magnolia property with incredible views sold? Tweet us your theories and we’ll retweet the best ones we get!
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