North Enatai Spanish Modern

Bellevue, WA
Luxury real estate french style home
*Not actual property photo. Used to show design intent.

Financial Overview

Acquisition:

$1,170,000.00

Improvements:

$1,200,000.00

Projected Net Profit:

$335,000.00

Total Preferred Equity Investment:

$600,000

Preferred Equity Projected Net Profit:

$167,500.00
(28% return on cash)

Minimum Preferred Equity Investment:

$50,000.00
(28% return on cash)

Projected Profit @ Minimum:

$14,000

Available Equity

$600,000

Remaining Equity

Contact Us for Details

Purchased to Value

34%

Projected Return

28%

Property Facts

Bedrooms: 5    Bathrooms: 6    Home SF: 5,650    Lot SF: 9,800

Property Summary

We are thrilled to share this opportunity with you as we create another stunning West Bellevue estate in one of the most prominent neighborhoods in Washington; Enatai. This new construction project will be surrounded by large brand new homes, boasting some of the shortest market times in the area. Think Contemporary. We are taking a page right out of Beverly Hills with this ultra-modern Spanish design, fit for a movie star. While very prevalent in other areas of the country, like California and Texas, this style has been virtually unavailable in the Northwest until now.

The home will feature warm wood tones paired with clean white stone and white stucco exterior; the centerpiece of the house will be the grand Spanish tiled fireplace. This modern masterpiece paired with time tested architecture will be ahead of its time, and the unique design will appeal to the buyer who wants more.

 

Transformation

The current home will be demolished to make way for a gorgeous new estate sized home on a partial view lot that will be manicured to perfection. Plans are already in review at the City of Bellevue, we are head of the curve and expects permits within a couple months!

The new home, designed by famed local architectural firm, Studio 19 Architects, will boast over 5650 sqft, with 5 bedrooms, 6 bathrooms, Office, Great room, Theatre Room with Wet Bar, Wine Cellar, Fitness Room, complete with Outdoor Entertaining spaces. All bedrooms will have walk-in closets and private bathrooms, The master bedroom will feature a deck with Bellevue skyline views, while the downstairs suite has a separate entrance which could make a great Nanny suite or Mother-in-Law unit.

The home will have a unique style and high end finishes to set it apart in the neighborhoods of West Bellevue, and to compete in the luxury market alongside other prevalent developers.

Reserve your equity!

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