Moira Holley & Scott Wasner, Co-Founding Brokers of Realogics Sotheby's International Realty, Announce Record-Breaking $12 Million Sale "Sanctuary in the Sky" Condominium

SEATTLE, March 21, 2019 /PRNewswire-PRWeb/ -- Moira Holley and Scott Wasner, co-founding brokers of Realogics Sotheby's International Realty (RSIR)—and the preeminent luxury real estate brokers for Seattle and the Pacific Northwest region—once again demonstrated their unmatched leadership within the luxury in-city property sector, with today's announcement on their record-breaking $12 million sale of Seattle's "Sanctuary in the Sky" condominium—an architecturally arresting, two-level, 5,700 square foot urban oasis that boasts sweeping 270-degree views, 1,500 square feet of outdoor space, and bespoke interiors. This unique residence is ensconced in the Belltown neighborhood's most coveted high-rise community.

Holley and Wasner represented the seller of the Sanctuary in the Sky residence, and Michelle Jewell of Windermere Yarrow Point represented the buyer of the penthouse.

In 2005, Moira Holley represented the current seller during their purchase of the Sanctuary in the Sky residence. The 2005 sale, recorded at $5.6 million, was at that time, the largest sale of a Downtown Seattle property. The record breaking 2019 sale price of $12 million dollars, values the Sanctuary in the Sky residence at approximately $2,105 per square foot.

Considered among the most innovative collaborations between architect Rick Sundberg (Olson Sundberg Kundig and Allen), and interior designer Gregory Carmichael, those who dwell at Sanctuary in the Sky will revel in a bi-level residence possessing custom features celebrating a Northwest aesthetic, as well as sweeping views of the Space Needle, the waterfront and the Seattle skyline.

"Sanctuary in the Sky is a truly sublime and singular creation—its location, the panoramic nature of the views and its one-of a kind architecture, make Sanctuary in the Sky one of the region's most exquisite urban residences," said Moira Holley, co-founder, RSIR.

RSIR Co-Owners Dean and Stacy Jones note the record sale is yet another validation of Seattle's world-class stature on the rise.

"This impressive sale signals Downtown Seattle has joined its West Coast peer group of Vancouver, BC, San Francisco and Los Angeles for super prime condominium estates," said Dean Jones, president and chief executive officer, RSIR. "We applaud Moira and Scott for this benchmark accomplishment. We also congratulate the new owners and their broker for the purchase of this crowning jewel in our expanding cityscape."

According to the Northwest Multiple Listing Service (NWMLS), no other residential resale condominium has closed above $10 million in downtown Seattle.

The record sale follows another notable transaction. Wasner represented the buyer on a $9 million closing on March 12, 2019 at the Four Seasons Private Residences. The 5,111 square foot, two bedroom and three bathroom residence was tied for the third most expensive condominium sale in downtown Seattle. According to the NWMLS, either Wasner and/or Holley have been involved in one or both sides of six of the top eleven sales valued over $7 million in downtown Seattle since January 2000—the majority of which occurred at Four Seasons Private Residences, followed by penthouse or sub-penthouse sales at Escala, One Pacific Tower, Market Place Tower, Millennium Tower and now, Bay Vista Tower.

"My luxury clientele ranged from downsizers to second homeowners, and includes locals and international citizens," adds Wasner. "The common denominator is they are becoming increasingly comfortable with an investment at this level in downtown Seattle. The reality is that paying upwards of $2,000 per square foot or more is relatively modest compared with other gateway cities—that tells me we still have plenty of runway for prices to climb. These in-city estates don't come around that often."

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ABOUT MOIRA HOLLEY (moirapresents.com): Moira Holley is a co-founder and senior global real estate advisor for Realogics Sotheby's International Realty, a leading full-service brokerage. Ranked among the top 1% of the Seattle region's most successful luxury real estate brokers, Moira has represented many iconic luxury properties, including Seattle's Four Seasons Private Residences, where Moira served as the co-listing agent. Moira's skillful negotiations, strategic counsel and insightful analysis of critical trends within the specialized property sector, have created thousands of successful outcomes for buyers and sellers of distinctive residences, locally and throughout the world. Contact Moira at moirapresents.com or telephone 206.660.4787 and discover the residence that expresses your own unique style.

ABOUT SCOTT WASNER (cityorescape.com): Scott Wasner is a co-founder and senior global real estate advisor for Realogics Sotheby's International Realty, based in Seattle, Washington. Scott also served as the co-listing agent and director of private residences at the Four Seasons Hotels Seattle, where he oversaw the sales and marketing of $40,000,000 in luxury real estate. While Director, Scott executed the sale of a Four Seasons residence which established the record as both the highest-value residential transaction and largest condominium sale within the Greater Seattle Region. Contact Scott at cityorescape.com or telephone 206.910.1410 to experience, artful, exceptional luxury living.

ABOUT REALOGICS SOTHEBY'S INTERNATIONAL REALTY (rsir.com): Artfully uniting extraordinary homes with extraordinary lives, Realogics Sotheby's International Realty (RSIR) is a leading global sales and marketing brokerage firm in the Pacific Northwest. Recognized by the Puget Sound Business Journal amongst the fastest-growing private companies in Washington State in recent years and ranked #9 in the top ten largest residential real estate brands, according to Trendgraphix research. The boutique real estate firm of 235+ brokers service branches in downtown Seattle, Bainbridge Island, Kirkland, Issaquah and Madison Park. RSIR is a leading project marketing specialist currently representing more than $1 billion in new condominium developments planned throughout the Puget Sound region.

SOURCE Realogics Inc. l Realogics Sotheby's I

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