The Ultimate Guide to Purchasing a Houseboat in Seattle
Fed up with condo life? Looking for community but don’t want to share walls with people? Maybe a houseboat is for you!
Imagine falling asleep to the lull of lake water and walking out your front door, throwing a paddleboard down, and taking off. Seattle's maritime culture offers a unique appeal for those looking to live on the water.
Houseboats, floating homes, and liveaboards on Lake Union provide a lifestyle filled with charm, adventure, and a connection to nature. This guide helps you navigate purchasing a houseboat in Seattle, covering financing, locations, utilities, moorage costs, and more.
Houseboat vs. Floating Homes
Yes, they are different. Houseboats are vessels designed for living on the water, capable of mobility. Think RVs, or Tiny Homes on wheels –but on water. They’re great for flexibility, because you can move from slip to slip with ease. They are more nimble, and generally have a lower cost. If this is the direction you’d like to go, consider regular maintenance, maritime regulations, the fact that you might have higher insurance rates.
Floating Homes, on the other hand, are stationary houses built on flotation systems, permanently moored. Think ADU, but again, on water. Because of this stability, they have easier utility connections, and can be much more spacious. The size can bring a higher price tag, and less flexibility in relocating.
Choosing a Location for Your Houseboat
Factors to Consider
Moorage Terms: Options include month-to-month, long-term leases, and owned moorage.
Cost of Moorage: Monthly fees range from $500 to $2,000.
Parking and Accessibility: Adequate parking and public transportation access.
Pet Policies and Rental Options: Do you want Fido to come along? Many dogs love water, but check to see if pets are permitted, and if renting out is allowed. A houseboat can make a lucrative short term rental if it’s in the marina policies.
Proximity to Amenities: Consider proximity to stores, restaurants, and services.
Prime Locations and Popular Marinas on Lake Union
Westlake
Westlake offers stunning views of downtown Seattle and Lake Union, making it perfect for those seeking scenic beauty and vibrant city life. Its proximity to amenities and a strong community vibe make it a top choice for houseboat living. The main drawbacks of this spot are price and limited moorage.
Check Out: Seattle Marina. Full-service marina with amenities like laundry and parking, highly rated for facilities and staff.
Eastlake
Eastlake provides a tranquil residential atmosphere combined with urban convenience. Ideal for families, it boasts quiet streets, parks, and easy access to public transportation, offering a serene yet connected lifestyle for houseboat owners. The main drawbacks are slightly higher prices and less accessibility to downtown.
Check Out: Lake Union Marina. Covered/uncovered slips, utilities, close to public transport, known for cleanliness and community feel.
Portage Bay
Portage Bay is nestled between the University District and Capitol Hill, offering lush, green surroundings and proximity to educational institutions. Its peaceful environment and natural beauty make it a sought-after location for those desiring a serene houseboat living experience. The main drawbacks include limited moorage and potential noise from nearby activities.
Check Out: Portage Bay Marina. Serene environment, secure moorage, appreciated for peaceful setting and nature proximity.
Gas Works Park Area
The Gas Works Park Area features a unique industrial aesthetic and is a haven for outdoor enthusiasts. With panoramic park views and abundant recreational opportunities, it appeals to those looking for an active, nature-centric houseboat lifestyle. The main drawbacks are the busy weekends and high foot traffic.
Selecting the Right Type and Size of Houseboat
Size & Square Footage
Houseboats come in various sizes and styles to match different needs and preferences. Small, basic boats are ideal for individuals or couples, offering essential living spaces at a lower cost and easier maintenance. Mid-sized houseboats are suitable for small families, providing more space and amenities like separate sleeping areas and modest kitchens. Large, luxurious floating homes feature multiple bedrooms, full kitchens, and spacious living areas, perfect for those desiring all the comforts of a traditional home on the water.
Budget
Consider the financial aspects of owning a houseboat:
Purchase Price: Prices range from $100,000 for basic boats to over $2 million for luxury floating homes.
Maintenance Costs: Smaller, newer boats are typically cheaper to maintain, while older or larger boats might require more upkeep.
Moorage Fees: Expect to pay $500 to $2000 per month, depending on the marina and location.
Insurance: Houseboats need specialized insurance, which can be costlier than standard home insurance.
Layout and Amenities
The design and features of your houseboat will affect your daily living:
Size and Rooms: Determine your need for bedrooms and bathrooms. Families may need multiple rooms, while singles or couples might require fewer.
Kitchen and Dining: Consider whether you need a full kitchen or a smaller kitchenette.
Living Space: Evaluate the size of living areas for comfort and entertaining needs.
Outdoor Space: Look for houseboats with decks or rooftop terraces if outdoor living is important to you.
Utilities: Ensure water, sewage, and electrical systems meet your needs and are up to date.
Financing & Insuring Your Houseboat
Depending on what you choose, your digs on the lake may not be considered “real property” and therefore won’t qualify for typical loans. Look for lenders specializing in maritime financing. I recommend checking out Sound Community Bank if you’re in the Puget Sound area. Also, you may consider lines of credit, asset loans, or cash purchases.
Another key difference is that living on the water can require a higher down payment, typically you’ll need to have around 20-30% of your total purchase price.
Because of the nonconforming nature of the houseboat, you will also need to secure specialized insurance.
Understanding Rules and Regulations
When purchasing a houseboat on Seattle's Lake Union, it's essential to understand the rules and regulations that govern this unique lifestyle. Best Management Practices should be followed to ensure environmental protection and sustainability. Each marina will have its own set of rules that must be adhered to, covering aspects like moorage, utilities, and community guidelines. Additionally, compliance with local building codes is crucial to ensure your houseboat meets safety and construction standards. Familiarizing yourself with these regulations will help you maintain a harmonious and legally compliant living environment on the water.
Utilities on a Houseboat
Water Supply: Often provided by the marina, with filtration systems for potable water.
Electricity: Supplied through shore power connections.
Sewage: Holding tanks need regular pumping; some marinas offer pump-out services.
Internet & Cable: Available through marina partnerships or satellite options.
Construction
Choosing the right hull material is crucial for durability. Wood offers a classic look but requires more upkeep. If you’ve read or watched The Boys in the Boat, you know there is something romantic about wood, but in a houseboat you’re less likely to see it. Fiberglass is lightweight and durable but can be damaged by impacts, and aluminum is highly durable and low-maintenance.
Thinking about construction for you DIY folks, keep in mind it's more complex than assembling an IKEA bookshelf, or a home on land. Custom-built houseboats, though pricier, offer personalized features and tailored designs. You might want to trust the experts for a professionally constructed floating home, and enjoy the peace of mind it brings.
The Joys of Houseboat Living
The Joys of Houseboat Living
This houseboat in the Sausalito marina is part of a bustling community of creatives. The floating homes are eccentric in design, and hidden away from the main roads.
Living on a houseboat in Seattle offers a unique lifestyle. Imagine waking up to the gentle rocking of the water, enjoying panoramic city skyline views, and being part of a close-knit community. The serene environment fosters peace and relaxation, making everyday life feel like a vacation. The eco-friendly aspect of houseboat living aligns with sustainable practices, offering a harmonious way of life.
Why People Choose Houseboats
Connection to Nature: Intimate connection to the environment.
Sense of Community: Tight-knit, unique social experience.
Sustainable Living: Smaller environmental footprint.
Adventure and Flexibility: Ability to move and explore different locations.
A Unique Lifestyle: Combines home comforts with maritime adventure.
Challenges and Rewards
Living on a houseboat comes with its own set of challenges and rewards. Seasonal adjustments are necessary as lake levels fluctuate, requiring regular attention to fenders and mooring lines. Maintenance is crucial, especially for different hull types; aluminum and steel hulls are preferred by lenders for their durability but come with higher initial costs. Additionally, be prepared with pressure pumps for freshwater tanks in case of water shut-offs. Despite these challenges, the unique lifestyle and close connection to nature make houseboat living a rewarding experience.
Conclusion
Purchasing a houseboat in Seattle offers a distinctive way of living. By understanding the differences between houseboats and floating homes, navigating financing, and choosing the right location and marina, you can find the perfect waterborne abode. Embrace the adventure and joy of living on Seattle's beautiful waterways.
Interested in houseboat living? Explore our listings of houseboats and floating homes on Lake Union. Contact us today to find the perfect waterborne home that suits your lifestyle and preferences. Let's make your move to a houseboat a seamless experience.
