Home AEC 3.7-Acre Development Site in Woodinville’s Harvest Community Sells for $15MM

3.7-Acre Development Site in Woodinville’s Harvest Community Sells for $15MM

Woodinville, Harvest, Wood Mountain LLC, Harvest Retail Partners LLC, Windward Real Estate Services; Halvorson Family, VP Companies Inc., Kidder Mathews, Woodinville Custom Wines, The Woodhouse Wine Estates, Matthews Winery, Martedi Winery

By Catherine Sweeney

More space in Woodinville’s master planned community Harvest is selling. In one recent transaction, Harvest Retail Partners LLC, a development company based in Sun Valley, Idaho, purchased a vacant 3.7-acre site for $15 million. The property was sold by Wood Mountain, LLC, a joint venture that acquired the property in 2018.

The property is the third lot on the 19.5-acre Woodinville development site. Referred to as Harvest, the development would create a mixed-use community anchored by a 165-room hotel and spa and offering various wine tasting venues. The community would also feature a mix of retail, residential and commercial space.

The larger Harvest planned community was acquired in 2018 by the joint venture, which consists of Windward Real Estate Services; Halvorson Family, Kirkland, WA and VP Companies, Inc. of Sun Valley Idaho. In 2020, Wood Mountain secured a development agreement and entitlements from the City of Woodinville, according to a previous announcement on the project.

Earlier this year, an additional site within the Harvest community sold for $19 million to a private real estate developer, according to a news release from Kidder Mathews. The site totals 2.7 acres and is located on Northeast 145th Street near the Sammamish River.

The development site is also located near a number of vineyards, including Woodinville Custom Wines, The Woodhouse Wine Estates, Matthews Winery, Martedi Winery and more.