Views from the waterfront homes include the Olympic Mountains, Puget Sound, Commencement Bay, Mount Rainier and downtown Seattle.
RUSTON — The Commencement, a luxury condominium community near Tacoma, had approximately $13 million in sales activity since December 2015, and interest continues to be strong.
“It was a very busy year at The Commencement,” says Cindy Stewart, co-listing agent for the property. “Not only did we enjoy continued traction in the Tacoma-area, but we saw significant interest from King County buyers, too. As real estate prices there continue to rise at a rapid pace, many King County residents are venturing to the Tacoma area to look at homes and are discovering the charm of Ruston and The Commencement. Several times I’ve heard people say, ‘This reminds me of Seattle when I moved there years ago.’ ”
She says the accelerated pace of sales during the summer prompted the developer, Real Capital Solutions, to prepare and release additional inventory ahead of schedule. The Commencement is 65 percent sold out, with more than $25 million in sales during the last two years.
Homes at The Commencement range in size from 1,680 to 2,300 square feet and feature high-end finishes, gas fireplaces, decks for an indoor/outdoor living experience in warmer months, and garage parking. Views from the waterfront homes include the Olympic Mountains, Puget Sound, Commencement Bay, Mount Rainier and downtown Seattle.
Prices for The Commencement’s luxury condominiums start in the $500,000s.
“There isn’t anything quite like The Commencement in the greater Tacoma area,” says JoAnn Jett, managing broker at Windermere Professional Partners and co-listing agent with Stewart. “Ruston is an exceptional place to live, and this property is arguably the best buy around. Buyers recognize that and are jumping at the opportunity to own here.
“Quality construction, location and ease of living seem to be the three most common reasons that our buyers decide to move to The Commencement.”