Waterfront Living - The PNW Dream

 

2023 Waterfront Report

Lowbank / Highbank

Waterfront living has long been idealized in Western Washington. Whether it’s a secluded cove and private boat moorage to call one’s own, or the appeal of Puget Sound living in an effortless shoreline condo, there are myriad ways to revel in the natural splendor our waterways provide. Watch for migrating whales and soaring bald eagles from your perch on a bluff above the Hood Canal. Gather with friends and family in the park-like setting of a Bainbridge Island estate, with an adorable pocket beach, mature trees, and a stone firepit that make a home feel like a year-round vacation. Or, literally, walk from your back door right to the water’s edge and cast a line for fishing in the misty morning hours. 

Whatever your waterfront dream, as a Realogics Sotheby’s International Realty broker I have the inside edge on the properties that define this iconic style of PNW living. Here, I’ve offered a peek at some outstanding properties on Washington State’s saltwater and coastal waterways and identified the type of waterfront on which they sit, from stately bluffs to low banks, just a few short steps from the beach. 

Bluff/High Bank 

When someone mentions a property on a bluff or high bank, they are referring to a location that is perched on the edge of a cliff or steep slope, providing breathtaking vistas of the vast expanse of water below. These homes offer a unique perspective, granting homeowners and residents the privilege of witnessing awe-inspiring panoramic views.

The allure of living on a bluff or high bank lies not only in the stunning scenery but also in the exclusive access it provides to the water's edge. While there are often steps or trails leading down to the shoreline, it is crucial to note that the accessibility may vary depending on the incline and surrounding vegetation. At times, the descent might be easily manageable on foot, enabling one to explore the nearby shores and indulge in water-related activities. However, in certain instances, the water can be challenging to reach due to the terrain's steepness or dense foliage.

Despite the potential limitations, residing on a bluff or high bank boasts numerous advantages. The commanding view serves as a constant reminder of nature's grandeur, creating an indelible connection between the occupants and the surrounding environment. Whether it be witnessing the magnificent sunrise over the tranquil water or reveling in the vivid hues of a sunset painting the sky, the experience of living atop a bluff or high bank is truly unparalleled.

Furthermore, the elevated position offers a heightened sense of privacy. Separated from the hustle and bustle of everyday life, these properties provide a serene sanctuary where one can enjoy tranquility and peace. The commanding presence of the cliff or steep slope provides a natural barrier, further enhancing the seclusion and sequestered ambiance of these dwellings.

From a practical perspective, owning a property on a bluff or high bank also allows for a unique architectural design and construction opportunities. Homes are often built to maximize the view, with strategically placed windows, balconies, or terraces that take full advantage of the breathtaking scenery. These features transform regular living spaces into personal havens while simultaneously merging indoor and outdoor environments.

In conclusion, when a property is described as being on a bluff or high bank, it signifies a location of exceptional beauty and natural magnificence. From the vantage point of these remarkable dwellings, one can marvel at the splendor of the surrounding waters and revel in the seclusion and privacy they offer.

Low Bank & Moorage

The term "low bank" often comes up in real estate discussions, particularly when describing waterfront properties. If you're curious about what this term means and how it affects a property, allow me to provide you with an overview.

When a home is described as "low bank," it signifies that the property offers relatively easy access to the waterfront. Typically, this access is facilitated by a small flight of stairs or a gentle slope leading down to a pocket beach. In some cases, a dock might be present, but it is not a requirement for a property to be considered "low bank."

One distinguishing feature of low-bank properties is the presence of bulkheads. These structures act as delineations, separating the land above the natural water line from the shoreline it safeguards. These bulkheads help protect the property from erosion caused by wave action, and they contribute to the overall stability of the land.

One of the advantages of investing in a low-bank home is the ease of mooring a boat. Many low-bank properties come equipped with amenities such as a private slip, a floating dock, or a mooring buoy. These features provide a convenient and secure mooring location for boat owners, adding to the property’s appeal.

In summary, a low-bank property offers effortless access to the waterfront, often via a small set of stairs or a gentle slope. These homes typically include bulkheads to protect the land and may offer facilities such as private slips, floating docks, or mooring buoys for boat owners. Whether you enjoy a relaxing day at the beach or love exploring the water, a low-bank home provides an attractive option for those seeking a waterfront lifestyle. 

View the 2023 Realogics Sotheby’s International Realty prepared Waterfront Report.

Choosing a professional real estate broker with exceptional marketing, property presentation, and negotiation skills is paramount in today's competitive market, especially regarding waterfront homes for sale in the Seattle area. As a top broker at Realogics Sotheby's International Realty, my expertise and industry knowledge, and commitment to guide my clients through the constantly evolving market landscape, guaranteeing that they make the most informed decisions for their investment, lifestyle, and home. Danny would love to guide you through your next real estate journey, whether selling or buying. Reach out today!

Danny Varona

Danny Varona has earned a reputation for his unparalleled work ethic, earning him the #1 spot for Top Producing Broker in 2023 at the Bainbridge Island office, and #2 at the Seattle office in 2022. RealTrends ranked in the top 1.5% of agents in WA state. Clients consistently commend Danny for his unparalleled service and client advocacy, describing him as kind-hearted, trustworthy, and an attentive listener. A military veteran embodying the principle of ‘Service Before Self’, Danny serves his clients with unwavering fiduciary responsibility.

https://www.dannyvarona.com
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2023 Second Quarter Market Reports