Wednesday, December 19, 2018

Washington’s Most Expensive Home Is $45M Art Collector’s Modern Masterpiece

HuntsPoint-WA

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The Hunts Point home of art collector and travel entrepreneur Barney A. Ebsworth has come on the market for $45 million, making it Washington’s most expensive listing.

“It’s a legacy property, no question,” says listing agent Tere Foster of Compass. “It’s a very famous house.”

The owner, who died this year, called the home “an American Place.” The property is being sold by his estate.

The artful abode was created by architect Jim Olson of Olson Kundig. There’s even a book showcasing the home’s legendary art collection as well as its architecture.

Washington’s most expensive listing

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300 feet of waterfront

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Art hall with Venetian plaster walls

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Living room with floor-to-ceiling glass

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Chef’s kitchen

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Master suite

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Roof deck with fireplace

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The concrete, glass, and steel structure was built in 2003 for the owner to house his art collection.

“This understated house on the east shore of Lake Washington defers both to its wooded site and to one of the nation’s premier collections of modern American Art,” Olson writes on his website. “The resulting design weaves the two themes together—art into the home and the house into nature—into a comfortable place to live.”

While some of the artwork is visible in the listing photos, the collection has since been auctioned off in a record-breaking sale at Christie’s. Forty-two pieces were sold for over $317 million, including “Chop Suey,” by Edward Hopper, for $92 million. The space showcased works by Georgia O’Keeffe, Willem de Kooning, and Jackson Pollock, among other masters.

The home’s next owner may be inspired to start collecting as well, as the climate-controlled space features high ceilings, plenty of light, and a gallery wing.

The 9,420-square-foot, three-bedroom, four-bath mansion comes with 3.27 acres, including 300 feet of west-facing waterfront. There’s a distinct Frank Lloyd Wright aesthetic in the dwelling’s horizontal lines and floor-to-ceiling glass.

Inside, the walls are finished with Venetian plaster and the chef’s kitchen includes a separate catering kitchen. There’s also a formal dining room, decks, a patio, and private dock.

The metal-and-sod roof contains native plants. The tree-filled grounds look like an arboretum, according to Foster. The rooftop deck with a fireplace offers views of the water and city skyline. 

Other details include limestone, poured concrete, and hardwood floors; geothermal heating; and a master suite with a sitting area, fireplace, master bath with Japanese soaking tub, and an elevator to the crow’s nest.  

“Anybody that can afford something like this, it has everything that most high-end luxury buyers want,” Foster says. Many who could afford it already live on the pricey peninsula, which juts into Lake Washington and is a straight shot to Seattle. Local luminaries include former Microsoft CEO Steve Ballmer, Costco co-founder and former CEO Jim Sinegal, as well as former Seattle Seahawks owner John Nordstrom

Despite the dizzying price tag, Foster has fielded “serious interest” for the property, which is a rare find for this area.

“Properties don’t turn over at Hunts Point,” Foster says. “It’s the architecture for sure. It is the property, absolutely, and the location. It is the pinnacle piece of real estate in the Seattle market.”

The post Washington’s Most Expensive Home Is $45M Art Collector’s Modern Masterpiece appeared first on Real Estate News & Insights | realtor.com®.



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