Sunday, August 2, 2009

Report: Martin Tobias sells hilltop home for a very cool $4.3 million

Seattle technology executive Martin Tobias has sold his Queen Anne home to a Florida biotech executive for $4.3 million, reports The Seattle Times.

The 4-bedroom modern home -- with spectacular views of the Space Needle and Mount Rainier -- was the subject of a feature article in the Times' Pacific Northwest Magazine last summer. At the time, Tobias was reportedly trying to sell the home for $5.9 million. Zillow.com currently puts a value of $3 million on the property. Here's the description via Zillow:

Designed by Master Architect Eric J. Cobb, this remarkable residence is the ultimate in modern architectural design and construction. This distinctive residence offers over 5,000 square feet of sophisticated urban living and unsurpassed views of Seattles skyline, Puget Sound and Mount Rainer. Rich concrete flooring throughout is dramatically offset by striking pale walls that can accommodate any sizable art collection. Sited on a large double lot, this property offers a fabulous backyard with expansive view patios for the utmost in privacy and entertaining capabilities.

The buyer is Brent Stiefel, a Miami area biotech exec who attended the UW and whose family sold their company to GlaxoSmithKline earlier this year for $3.6 billion.

Tobias, a member of Bellevue's Ignition Partners and the former CEO of Loudeye Technologies and Imperium Renewables, now heads the Seattle upstart Kashless.

So, speaking of high-end real estate from rich Seattle techies, which pad would you rather have: Tobias' fabulous view home on Queen Anne or Rob Glaser's swanky condo in Belltown, which sold earlier this year for a whopping $9.75 million?

 


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