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6/10/25
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Anchor House Apartments, an 18-unit waterfront property in Seattle’s Eastlake neighborhood traded for $6.75 mil ($375k/unit) in a recent off-market transaction. The property is located at 2714 Fairview Avenue East, west of I-5 and north of the 520 Fwy.
Positioned along the shores of Lake Union, Anchor House offers direct waterfront access and panoramic views. The property presents significant value-add potential in a high-demand submarket, making it a desirable investment opportunity.
Dylan Simon, Jerrid Anderson, Matt Laird, and Jack Shephard with Kidder Matthews represented the seller, Casal Real Property LLC. The buyer, Anchor House Apartments LLC, acquired the property in an all-cash, non-contingent transaction, signaling a strong long-term investment strategy.
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