Home Finance Former Microsoft CEO Steve Ballmer Buys Hunts Point Mansion for $9.8MM

Former Microsoft CEO Steve Ballmer Buys Hunts Point Mansion for $9.8MM

Microsoft, LA Clippers, Steve Ballmer, Jeanne Bluchel, Seattle Symphony, Hunts Point
Image Courtesy of Redfin

By Meghan Hall

Hunts Point, Washington, is a small—but idyllic—town located on a small peninsula on the Puget Sound’s Eastside, not far from the hustle and bustle of downtown Bellevue and the growing suburbs of Kirkland, Yarrow Point and Medina. In a recent transaction that closed on November 20th, Steve Ballmer, former Microsoft CEO and current owner of the Los Angeles Clippers, has bought a new home in Hunts Point along with his wife, Connie. The couple purchased the home for $9.8 million. 

The home was sold off by the family of Jeanne Bluechel, a long-time Puget Sound resident who passed away in August at the age of 64. Bluechel, born in Hollywood, Calif., moved to the region in 1951, and worked throughout the region to promote arts and education in roles as the Education Coordinator and Director of Development for the Seattle Symphony.

The Ballmer’s new home, located at 3810 Hunts Point Road, totals about 7,297 square feet of finished space, bringing the per-square-foot price to around $1,343. According to popular home listing site Redfin, the home features four bathrooms and five bedrooms. Its features include a fully furnished basement, wine cellar, cabana and gazebo, patio, gated entry and waterfront access. The property was built in 2006 and also comes with a 1.1-acre lot.

Design features include four fireplaces, ceramic tile and hardwood floors, hard surface countertops and stainless steel appliances and modern lighting. 

Redfin estimates the value of the home is roughly between $10.5 and $11.59 million. The home last sold in January of 2015 for $7.880 million, or about $1,097 per square foot. In September of 2005, the home was sold for $3.55 million, or about $487 per square foot.

Redfin also states that the median list price for properties in the surrounding area, including Bellevue, is about $2 million, or $700 per square foot. The number of homes sold over the last 30 days has been 45, notes the listing website, with many homes receiving multiple offers.