The First Art Newspaper on the Net Established in 1996 United States Sunday, May 24, 2015


Washington Mansion with Dale Chihuly Chandelier Finally Sells at 70 Percent Off
MERCER ISLAND (AP).- A Seattle-area mansion with an Egyptian-themed indoor pool and a 12-foot chandelier by glass artist Dale Chihuly has finally sold — for the bargain-basement price of $12 million.

The sellers put the 23,000-square-foot home on the market six years ago, and they initially listed it for $40 million. But the Mercer Island property didn't move, and The Seattle Times reports that an auction firm reduced the minimum bid on the property to $12 million in May.

The Puget Sound Business Journal identified the buyer as James Peter Edwards, the owner of Video Only, a Tukwila-based chain of electronics stores.

The sellers were Chuck and Karen Lytle, who founded the Leisure Care retirement-community chain. They're downsizing to an 11,000-square-foot waterfront mansion in Hunts Point, in Seattle's eastern suburbs.

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Information from: The Seattle Times, http://www.seattletimes.com


Copyright 2010 The Associated Press.

Dale Chihuly | Seattle-area Mansion | James Peter Edwards |




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