The property is one of seven lake-adjacent multifamily properties in the Seattle MSA

Seattle – August 20, 2025 – CBRE arranged the $63.25 million (about $381,024 per unit) sale of Archstone Redmond Lakeview Apartments, a 166-unit garden-style multifamily community in Redmond.

CBRE’s Eli Hanacek, Mark Washington, Kyle Yamamoto and Natalie Kasper represented the seller, AvalonBay.

“This acquisition represents a rare opportunity to secure a rare generational asset on the waterfront. With limited future development in the area, Archstone’s enduring value is underscored by its irreplaceable positioning and the long-term upside it offers to the buyer,” said Hanacek, vice chairman and managing director of CBRE’s Multifamily team in the Pacific Northwest.

Located at 4250 West Lake Sammamish Pk

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