8716 Sand Point Way NE, Unit 114

Seattle, WA 98115

$5,700,000
Price
18
Beds
16
Baths
11,105 Sq. Ft.
$513 / Sq. Ft.
11,105
Sq. Ft.
$513
per Sq. Ft.
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Listing provided courtesy of Windermere Real Estate Co., Kidder Mathews
Source: Northwest MLS

Description

Turnkey Property on Lake Washington. Positioned on Lake Washington’s western shore in the sought-after Matthews Beach neighborhood, Beach Club Cottages is a 14-unit multifamily community comprised of six buildings on two adjacent parcels. Includes a two-story single family home, two single-family cottages, & three apartment buildings, each with three or four units. All the units have been updated with new kitchens & bathrooms. Finishes vary, with many featuring newer luxury vinyl tile flooring &...Turnkey Property on Lake Washington. Positioned on Lake Washington’s western shore in the sought-after Matthews Beach neighborhood, Beach Club Cottages is a 14-unit multifamily community comprised of six buildings on two adjacent parcels. Includes a two-story single family home, two single-family cottages, & three apartment buildings, each with three or four units. All the units have been updated with new kitchens & bathrooms. Finishes vary, with many featuring newer luxury vinyl tile flooring & appliances. Most of the units offer scenic lake views, & nine homes boast in-unit laundry with a common laundry room providing laundry service to the remaining units. Two of the units are on the water & offer private yards. Located steps from the Burke-Gilman Trail and a short walk to Matthews Beach, the property offers direct lake frontage, private beach access, boat slips, and a mix of garage and off-street parking. This high quality, turnkey property, with its desirable waterfront location, offers an investor the opportunity to own an income producing property with upside in one of Seattle’s coveted neighborhoods.
  1. Listed by Pamela A. Jensen • Windermere Real Estate Co.
    P: (206)-522-9600 pamelajensen@windermere.com
  2. Listed by Dan Swanson • Kidder Mathews
    P: (360)-705-2800 dan.swanson@kidder.com

Property Details for 8716 Sand Point Way Northeast, Unit 114

Community Name
Matthews Beach
School District
Seattle
View
Lake, Mountains
Number of Assigned Spaces
15
Total Covered Parking
0
Entry Date
04-20-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 04/20/2026 02:28 PM

Property Details for 8716 Sand Point Way Northeast, Unit 114

StatusActive
MLS #2510479
Days on Market5
Cumulative Days on Market5
Taxes$62,193 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size1.08 AC / 47,260 SF
CountyKing County
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Location

Listing Courtesy of Windermere Real Estate Co.; Kidder Mathews
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Building Information for 8716 Sand Point Way Northeast, Unit 114

Stories2Residences14Year Built1920Building Size-Lot Size1.08 AC / 47,260 SF

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$33,885 per month

30 year fixed, 6.46% Interest

Principal and Interest

$28,702

Property Taxes

$5,183

HOA Dues

$0

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Property Information for 8716 Sand Point Way Northeast, Unit 114

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Deck, Dock, Electric Car Charging, Fenced-Partially
  • Area: 710 - North Seattle
  • Elementary School: View Ridge
  • Middle Or Junior School: Eckstein Mid
  • High School: Nathan Hale High
  • Effective Year Built Source: Public Records
  • Directions: Property is on Sand Point Way just south of the intersection with Inverness Dr NE.
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: Yes
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 3.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Concrete, Hardwood, Vinyl Plank, Carpet
  • Amenities: Basement,Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition, Torch Down
  • Waterfront Description: Low Bank, Lake
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 11021
  • Power Company: Seattle City Light
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: PKCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2010
  • Photos Count: 32
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: PKCR
  • Parcel Number Free Text: 3426049041
  • Building Condition: Very Good
  • Calculated Square Footage: 11105
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 11105.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 15
  • Number of Stories in Building: 2
  • Unit Number: 1-14
  • Vacancy Rate: 2
  • Number Of Units Total: 14
  • Units Below Grade: false
  • Units In Building Total: 14
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 148722
  • Gross Adjusted Income: 393131
  • Gross Rent Multiplier: 13.8
  • Gross Scheduled Income: $411,655
  • Insurance Expense: $11,258
  • Net Operating Income: $244,409
  • Other Expenses: $64,250
  • Total Monthly Income: 32288
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1000
  • Rent Unit 1: $2,950.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 701
  • Rent Unit 2: $2,195.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 550
  • Rent Unit 3: $2,315.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 600
  • Rent Unit 4: $1,695.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 600
  • Rent Unit 5: $1,995.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 592
  • Rent Unit 6: $1,915.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 592
  • Rent Unit 7: $2,185.00
  • Bedrooms Unit 7: 1
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 988
  • Rent Unit 8: $3,400.00
  • Bedrooms Unit 8: 2
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 2
Unit 9
  • Name Unit 9: 9
  • Washer/Dryer Unit 9: true
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 988
  • Rent Unit 9: $3,465.00
  • Bedrooms Unit 9: 2
  • Fireplaces Unit 9: 0
  • Bathrooms Unit 9: 2
Unit 10
  • Name Unit 10: 10
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 650
  • Rent Unit 10: $2,358.00
  • Bedrooms Unit 10: 1
  • Fireplaces Unit 10: 0
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 11
  • Washer/Dryer Unit 11: false
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 650
  • Rent Unit 11: $2,150.00
  • Bedrooms Unit 11: 1
  • Fireplaces Unit 11: 0
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 12
  • Washer/Dryer Unit 12: false
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 450
  • Rent Unit 12: $1,495.00
  • Bedrooms Unit 12: 1
  • Fireplaces Unit 12: 0
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 13
  • Washer/Dryer Unit 13: false
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: true
  • Square Feet Unit 13: 406
  • Rent Unit 13: $1,685.00
  • Bedrooms Unit 13: 1
  • Fireplaces Unit 13: 0
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: 14
  • Washer/Dryer Unit 14: true
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: true
  • Square Feet Unit 14: 757
  • Rent Unit 14: $2,485.00
  • Bedrooms Unit 14: 2
  • Fireplaces Unit 14: 0
  • Bathrooms Unit 14: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9827.0

Property History for 8716 Sand Point Way Northeast, Unit 114

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Listed (Active)

NWMLS #2510479

$5,700,000—
DateEvent & SourcePrice
04/20/2026

Listed (Active)

NWMLS #2510479

$5,700,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 8716 Sand Point Way Northeast, Unit 114

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
View Ridge Elementary School
Public - PK to 5
Eckstein Middle School
Public - 6 to 8
Nathan Hale High School
Public - 9 to 12
Stephen Decatur Elementary School
Public - K to 5
Rating
School
Distance
View Ridge Elementary School
PublicPK to 5

Eckstein Middle School
Public6 to 8

Nathan Hale High School
Public9 to 12

Stephen Decatur Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 8716 Sand Point Way Northeast, Unit 114, Seattle, WA 98115

8716 Sand Point Way Northeast, Unit 114 is a multi-family home for sale in Seattle, WA 98115. This property was listed for sale on April 20, 2026 by Windermere Real Estate Co., it's currently listed at $5,700,000. This listing's school district is Seattle Public Schools. Nearby schools include View Ridge Elementary School, Eckstein Middle School and Nathan Hale High School. 8716 Sand Point Way Northeast, Unit 114 is a 18-bed, 16-bath, 11,105 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Windermere Real Estate Co.; Kidder Mathews

Based on information submitted to the MLS GRID as of 04/20/2026 02:28 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.