Home

Cost-of-Living: Generally Above the National Average

 

Washington Retirement Communities

 

Providence Point

4135 Providence Point Drive SE

Issaquah, Washington  98029

Established, Wooded Providence Point Offers a Mix of Condominium Homes in an Awe-Inspiring Setting

 

Previous Issues:

Below Average Cost-of-Living Communities

Average Cost-of-Living Communities

Above Average Cost-of-Living Communities

 

Age-Restricted Retirement  Communities

 

 

 

Retirement Communities

 

 

 

Active Adult Living

 

 

 

 

 

 

 

 

 

 

 
Nestled in the lush foothills of Washington's Cascade Mountains, on the southern edge of Lake Sammamish and just thirty minutes southeast of Seattle, is the town of Issaquah (population 11,500).  Within this safe, quiet town, and spread across 180 green acres, is the beautiful active adult condominium community of Providence Point, one of the first master-planned, 55+ retirement developments in the Pacific Northwest.  This established community is nearly 25 years old (although the site was first purchased by the Sisters of Providence in 1955) and home to 1,250 residents.

Retirement Real Estate

X
X

 

 

Providence Point is a truly lovely development, with views of Lake Sammamish and the Cascades at almost every turn, and the grounds are thickly covered with trees, flowering plants and manicured lawns.  There are 1,008 condominium units divided between seven separate villages, each with its own identity, and in some cases, its own architectural style.  Floor plans range from 800 sq. ft. to 2,300 sq. ft. and come in fifty different designs, giving the community an eclectic and authentic ambiance.   The majority of homes feature one-level living in a building with six to eight units, but there are also one-level duplexes, two story town homes and apartment style homes with a common lobby and hallway entrance.  The mix of housing is a major selling point, and the wooded grounds give neighbors a true sense of privacy.

 

Home prices range from the mid- to high $100,000s to the mid-$600,000s; generally speaking, the less expensive condo units were built in the mid-1980s and 1990s and have roughly 800 sq. ft. to 900 sq. ft. with one bedroom, one bath and a detached garage.   Mid-priced units ($350,000 or so) may have also been built in the 1980s and 1990s, have around 1,500 sq. ft. with two bedrooms and two baths and a detached garage.  The most expensive units look like single-family homes, were generally built in this century and have between 2,000 to 2,500 sq. ft., two bedrooms and two baths, vaulted ceilings, gas fireplaces, wall sconces, bay windows and amazing views, as well as two parking spaces and a detached garage.  Of course, individual units vary.   This is an established community, but a new condominium building, The Crest, is currently under construction and will have the last new homes in Providence Point.   These units start in the low $300,000s.  Call (425) 392-2300 for more information.

Each village has its own HOA, but the overall community is managed by the Providence Point Homeowners Association.  Monthly homeowner assessments are based upon the square footage of each unit and include some utilities, security, insurances, community amenities, exterior building and grounds maintenance and maintenance of common buildings.  Real estate taxes are not included.  HOA rates are on the high side and range from the low $400s per month to nearly $800 per month. 

Town Hall is at the center of Providence Point and houses a clubhouse with a pool, a sauna, a library, exercise rooms and Bake's Place, an intimate jazz supper club.  Residents also enjoy a putting green, a community garden and tennis courts.  An extra perk of life at Providence Point is the continuing education program called Communiversity.  This program, started in 1985, offers a variety of informal, non-credit classes taught by certified instructors, many of whom are retired university professors.  Classes are eight weeks long, and topics include modern history, poetry, folk dance and more.

 

Providence Point's transportation bus has scheduled stops throughout the community and takes residents to downtown Issaquah for shopping, as well as to Seattle for the symphony, museums, restaurants, Mariners' baseball games and excellent coffee!   This is also a safe community, protected by a hidden fence with entrances either guarded or utilizing a secure key card system to gain access.

The stunning natural beauty of this region is what brings many retirees to western Washington.  The climate is on the cool side; summer temperatures top out in the high 70s.  Winters are overcast with temperatures in the 30s, 40s and 50s.    Humidity is high, averaging 90% in the mornings but dropping down to an average of 65% in the afternoons.  Precipitation ranges from 8 inches (November) to 1 inch (July) per month.


Great Retirement Communities Newsletter is published weekly by Webwerxx, Inc.  2770 S. Elmira St., #152, Denver, CO  80231. (303) 358-0512.  Copyright © 2006-2008.  All rights reserved.  No part of this electronic publication may be reproduced without the express written consent of Webwerxx, Inc.  All attempts were made to verify the accuracy of the information contained in this bulletin, but some information may have changed since publication. Webwerxx, Inc. cannot be held responsible for information that has changed since this publication appeared online.  Please contact us at staff@greatretirementspots.com if you have questions or comments.