Seattle Condo Authority Network • Eastlake
54-unit mid-rise at 425 Vine St, completed 2001. Established condominium building with over two decades of ownership history.
Building Profile
| Building Name | Montreux |
| Address | 425 Vine St |
| Year Built | 2001 |
| Total Units | 54 |
| Stories | Data to be verified |
| Neighborhood | Eastlake, Seattle, WA |
| HOA Fees | $400–$800/mo (est.) |
| Price Range | $375K–$1M+ |
| Rental Policy | Data to be verified |
| Building Type | Mid-Rise |
About This Building
Montreux is a 54-unit condominium mid-rise at 425 Vine Street, completed in 2001. With over two decades of HOA reserve accumulation and an established ownership community, the building provides buyers with a mature financial profile and an extensive comparable sales record.
The building's Vine Street address places it within Seattle's urban core. With more than 20 years of ownership history, Montreux has an established HOA and a track record that spans multiple real estate cycles, giving buyers strong due diligence data.
As a 2001 completion, units have been updated by successive owners across more than two decades of ownership cycles, creating a range of finish levels and price points within the building's 54-residence inventory.
Jeff Reynolds maintains sales data and HOA financials for Montreux within the Seattle Condo Authority Network. Stories count should be verified; contact Jeff for current listings and buyer strategy.
Due Diligence
Key factors every buyer should evaluate before making an offer at Montreux. Jeff Reynolds reviews these items as part of every buyer consultation for this building.
At 54 units, Montreux is near the threshold where some lenders apply additional scrutiny. Verify Fannie Mae eligibility, owner-occupancy ratios, and reserve fund status before committing to financing.
Montreux has been operating since 2001—a quarter century in Eastlake. Request the reserve study with attention to building systems that may be reaching replacement cycles. A well-funded reserve at this age is a positive sign.
2001 construction in Eastlake reflects solid mid-turn-of-century building quality. Verify current unit condition—original 2001 finishes versus renovated units vary meaningfully in value.
Montreux’s Eastlake location provides proximity to Lake Union, the Burke-Gilman Trail, and the neighborhood’s distinctive houseboats community. Verify specific address for walking distance to Lake Union waterfront and Eastlake Ave’s commercial corridor.
Buyer Fit
Montreux attracts specific buyer profiles based on its building format, location, ownership structure, and price point. Here is who Jeff Reynolds most often works with at this building—and why.
Montreux’s 25-year track record and Eastlake location deliver the neighborhood’s specific character with established HOA governance and competitive pricing relative to newer construction.
Jeff Reynolds can identify which Montreux units are at original-finish pricing and model renovation cost versus updated comparable value for buyers considering an improvement strategy.
Eastlake’s Lake Union character is genuinely unique in Seattle’s residential market. Montreux’s 25-year presence in the neighborhood means Jeff Reynolds has a detailed transaction history to share with buyers evaluating long-term ownership.
Market Data
Montreux trades at competitive Eastlake mid-market pricing. 2001 vintage offers strong value per square foot relative to newer Eastlake and SLU buildings. Condition-adjusted comps are important given 25 years of varying unit improvement levels.
| Unit Type | Recent Sale Range | Est. $/sq ft | Notes |
|---|---|---|---|
| 1-Bedroom | $450K–$620K | $475–$555 | Eastlake value vs. SLU and Capitol Hill |
| 2-Bedroom | $650K–$930K | $470–$548 | Updated units competitive with newer stock |
Pricing reflects Montreux in Eastlake (2001 vintage, 54 units). HOA estimated at $400–$800/mo. Contact Jeff Reynolds for current listings, verified HOA financials, and a personalized buyer analysis.
Knowledge Base
Before buying any Seattle condo, these guides answer the questions every buyer should resolve about HOA finances, financing eligibility, and closing requirements.
What condo HOA fees cover, how they're calculated, and what to look for in a building's fee structure.
How reserve funds work, what percent-funded means, and why the reserve study matters before you buy.
How rental caps, owner-occupancy ratios, and HOA delinquency rates affect your loan eligibility.
What the resale certificate contains, why it matters, and the key red flags buyers should watch for.
Explore More
Other condos in Eastlake at a similar price tier, with links to full building profiles, buyer analysis, and current market data.
See all buildings: Browse all Eastlake condo buildings →
Frequently Asked Questions
Montreux is located at 425 Vine Street, Seattle. Contact Jeff Reynolds for neighborhood context and proximity to local amenities.
Montreux has 54 residences. The building was completed in 2001. Contact Jeff Reynolds for current unit availability, floor plan details, and recent comparable sales.
Montreux was completed in 2001. With over two decades of ownership history, the building has an established HOA and mature reserve funds.
HOA fees at Montreux are estimated at $400–$800 per month depending on unit size. Contact Jeff Reynolds for verified current figures and reserve fund status.
Montreux's 2001 vintage and 54-unit scale typically deliver competitive pricing relative to newer inventory. Jeff Reynolds can provide a full market comparison and advise on current value positioning.
Your Eastlake Condo Specialist
Jeff Reynolds is Seattle's leading specialist in urban condominiums, with deep expertise in Montreux and every building in the Seattle Condo Authority Network. If you're buying or selling at Montreux, Jeff has the data, the relationships, and the track record to represent you.
Jeff tracks every sale at Montreux, maintains HOA financial data, and knows which floor plans and view orientations hold value best. This depth of building-level knowledge is what separates a specialist from a generalist.
Jeff Reynolds • Seattle Condo Authority Network • jeff.reynolds@compass.com
Current listings, recent sales, HOA financials, and buyer strategy. No obligation.