Washington Park: established capital on the Arboretum's edge
Estate-scale lots between the Arboretum and the lake, held by a mix of finance principals and families several generations in. Marketing here is discreet by convention.
The retiring-principal question
Washington Park's owners often approach retirement holding two large appreciated assets: a business or partnership stake, and the house. Since 2025 those are taxed differently at the state level. The stake carries up to 9.9% on sale; the house carries nothing. Which one funds the next stage, and in which year, is a sequencing question worth answering before either sale is committed.
How this market trades
Quietly. Estate-scale properties here move through relationships and targeted outreach more often than public listings, and the Arboretum adjacency premium is real but uneven street by street. Accurate valuation matters more here than in any averaged market.
This is not tax or legal advice. Aditya Kasturi is a licensed real estate broker, not a CPA, attorney, or financial advisor. Figures are illustrative, based on Washington and federal law as understood at the time of writing, and laws change. Confirm any strategy on this page with your CPA and, where relevant, your estate planning attorney before acting.
Common questions
Does Washington's capital gains tax apply to selling my home here?
No. Sales of real estate are exempt from the Washington capital gains excise tax at any price. Federal rules, including the primary-residence exclusion, still apply. Confirm the details with your CPA.
How do you market a home here without broadcasting it?
Targeted outreach to a vetted buyer pool, professional preparation, and a valuation strong enough to negotiate from. Public listing remains an option, not a default.
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