Continental Condominiums Delivers Suburban Living to Downtown Bellevue
The idea of suburban living in a fast-paced downtown environment seems contradictory, but a new, high-quality apartment-conversion project is now giving Bellevue-area homeowners the best of both worlds. Better yet, owning a home in downtown Bellevue has never been more affordable with a special limited financing package offered by Cascade Bank.
Continental Condominiums, which will hold its grand-opening sales event on Aug. 8, is situated along the quiet, tree-lined streets of the West Bellevue single-family neighborhood, across the street from Bellevue Square. This prime location features sweeping views of Mt. Rainier and serene urban parks, and gives homeowners immediate access to all the attractions that define Bellevue’s vibrant urban lifestyle.
“Before Continental, the only option for condominium-living in downtown Bellevue was in a high-rise environment,” said Continental Condominiums owner and developer Jim Cronkhite. “Our buyer is looking for something different — they want a cozy, more-intimate living experience, but still have access to all the exciting amenities of a downtown core.”
At Continental Condominiums, style meets the convenience of location, creating a one-of-a-kind “boutique”-living experience. The mid-rise building features 39 homes with open floor plans, quality appliances and fixtures. All Continental Condominiums homes are elegantly finished with a natural palette of granite, marble and hardwood accented with hand-blown glass pendants. And unlike high-rise towers, Continental Condominiums, at only four stories, makes it fast and easy for residents to get to and from their homes.
“Homeowners don’t want to spend 10 minutes, several times a day, waiting for and riding in an elevator. People are busy, and this is one of the many examples of what our boutique-living experience really means to buyers,” added Cronkhite.
With homes starting in the low $300,000s and three-quarters of the units listed under $500,000, first-time homebuyers don’t need to look outside the city anymore. A competitive financing package makes buying at Continental Condominiums comparable to renting, something that’s been attractive to young Eastside professionals who might otherwise live in Seattle or areas outside the city.
Through special financing offered by Cascade Bank, Continental Condominiums is promoting 3.875 percent on 30-year fixed mortgages to qualified buyers, for a limited time. In addition, the package, which requires no private mortgage insurance, provides up to 96.5 percent financing for purchases up to $600,000. With Cascade Bank’s special rate, buyers making a 3.5 percent down payment on a 1-bedroom, 1-bath Continental Condominiums home priced at $339,950 would make monthly mortgage payments of about $1,543.
“We’re seeing a great deal of interest from young professionals who want to be part of the downtown-Bellevue lifestyle, with its wide range of activities,” stated Solution Partners Northwest’s Rebecca Ungar, the residential-listing agent for Continental Condominiums. “Seattle is no longer the only place in King County where a downtown-living experience is possible.”
Continental Condominiums is located at 511 100th Ave. NE in Bellevue. The building offers quality residential spaces with sweeping views of Mt. Rainier, the Bellevue skyline, Downtown Park and the West Bellevue neighborhood. Continental also features an expansive rooftop deck where homeowners and their guests can enjoy private get-togethers and BBQs, or simply relax and absorb the surrounding scenery. The grand-opening event is scheduled for Sat., Aug. 8, at the Continental Condominiums property. More information is available at www.thecontinentalcondos.com.
About Continental Condominiums
Continental Condominiums offers a boutique-living experience in the West Bellevue neighborhood, across the street from Bellevue Square and the rest of downtown. The 39-home building is priced from the low $300,000s, with majority of homes listed at less than $500,000. The homes feature quality appliances, a palette of granite and marble and are accented with hardwood and hand blown glass pendants. The building is currently one of the only apartment-conversion projects in King County. More information is available at www.thecontinentalcondos.com.
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