Last week, S&P Case-Shiller released the latest Home Price Index and shortly after, the Seattle Times proclaimed the rapid decline of residential home prices in the Seattle metropolitan region. Contrary to headlines, however, the trendlines paint a much more nuanced picture. To be sure, Seattle was still named among the top three fastest growing regions on the Index, reporting an 8.4 percent year-over-year gain in home prices.
Between Eagle Harbor and Port Blakely lies a few beautiful communities in one of the most tranquil settings on Bainbridge. This area is surrounded by water with beautiful views of Seattle and the sound. The neighborhoods and communities are a peaceful respite from the bustling activity of Winslow, while all the city amenities are just a 10 minute drive away.
The ‘Winslow Core’ neighborhood is a short stroll and a 35 minute ferry ride to downtown Seattle, so it is the most pedestrian friendly area on Bainbridge. It is also home to the largest concentration of Islanders. Living in Winslow means easy commuting during the week, leisurely walks to the bakery on the weekend, and quick trips to the library or market.
The Sunrise Drive area is the beautiful northeastern most part of Bainbridge Island, just north of Rolling Bay and east of Madison Ave. This gorgeous waterfront neighborhood is highly sought after because of the stunning sunrises (hence the name) and lively views of the Puget Sound shipping lanes, Cascade Mountains, downtown Seattle and Mt. Rainier. Close proximity to the Agate Pass bridge and easy access to the ferry are an added bonus.
As you arrive on Bainbridge Island, you will notice the beautiful shoreline that juts out to the east called Wing Point. It’s a lovely centrally located neighborhood with gorgeous views of Puget Sound and the skyline of Seattle. The original settlers on the point would watch the great numbers of bald-headed eagles that would nest in Eagle Harbor, inspiring the name Wing Point.
Realogics Sotheby’s International Realty will be hosting a series of rotating artists for the monthly Bainbridge Island Art Walk at the “Island Living Gallery”. I would like extend a warm welcome to everyone to stop by the gallery, which is located at 240 Winslow Way East, on Friday, December 2nd for the next Bainbridge Island Art Walk.
Rolling Bay, a popular neighborhood on Bainbridge Island, is the proposed site for a new eco-friendly development “Sunshine Square.” This centrally located neighborhood will provide “residents the opportunity to live and work in an exceptionally-designed development in an historic part of the island”.
Last week, our new Bainbridge Island branch office on Winslow Way opened. Occupying approximately one half of the Old Hardware Store – a nostalgic icon of Bainbridge Island heritage built in 1948 – our global real estate brand is now poised for growth. I feel incredibly fortunate to work in a space as beautiful as this one.