PROSPECTUS - To Prospective buyers, investors or developers

Ladley's View Park Twenty Acre Estate
7382 View Park Road S.E.
Port Orchard, Washington 98367

The estate is private, gated and secluded and is located on twenty acres of land on View Park Road S.E.  The property has a Port Orchard address and is located between Port Orchard and Gig Harbor, Washington, in the Olalla, Washington area.  The view is of Colvos Passage, the North end of Vashon Island, Puget Sound, Seattle and the Cascade mountain range.  Elliot Bay, Alki Point, Queen Anne Hill, West Seattle, downtown Seattle, the Space Needle, Key Arena, etc., can all be seen in the distance.  The estate is only a few minutes from the Southworth to West Seattle ferry terminal and is only a thirty minute ferry ride from West Seattle.  Seatac International Airport is less than an hour away by way of the Tacoma Narrows Bridge.  The estate is secluded from all neighboring properties and has a stand of old-growth firs and hemlocks on three sides with the world-class view on the fourth or East side.   

The estate is one-of-a-kind and is loaded with features that are not found on other estates.  The property boasts approximately 9,000 square feet of living area in the major 6,000 square foot East wing, the 2600 square foot South wing and the 500 square foot Little House.  There are also six other buildings on the property.  These include a motorhome garage that has been used to store a motorhome or boat and has been used as an exercise and dance center as well as a weightroom facility.  There is a dedicated generator building that contains a 150 Kilowatt generator and a 2000 gallon concrete diesel vault plus a 300 gallon day tank.  The generator with it's state of the art transfer switches runs everything on the property, so that power is never lost when Puget Sound Energy fails.  This system is automatic and instantaneous.  This feature is a $400,000.00 investment in itself.  There is also a woodshop, a proshop that holds the grounds maintenance equipment and two well buildings.  The property has two wells that each supplies over 30 gallons of water per minute.  All of the maintenance equipment, a six figure investment, goes with the property.  This equipment makes landscaping maintenance an easy one man task.  Landscape maintenance is seasonal.  The irrigation system on the property is automatic and electronic.  

Property features include five large bedroom suites, three kitchens, six fireplaces, guest quarters for guests or a chef or a maid.  Office space that can be used for offices or as an extra apartment, a media room, a dedicated massage room, a Swedish sauna, a live-steam sauna, a game room, a spa with hottub and exercise equipment, a $12,500.00 security system to all major structures, a $65,000.00 stereo system installed by Magnolia HiFi, a walk-in steel refrigerator and a walk-in steel freezer, seven bathrooms, some of which have eight-headed Swedish showers and whirlpool tubs and/or a live steam unit.  Some baths have Italian bath fixtures, vessel sinks and extensive slate or marble treatment.  There is a marble and stainless wetbar area in the media room with stainless sink, refrigerator and microwave.  There is a wine cellar.  The main kitchen in the East wing of the estate is incredibly well designed with state-of-the-art appliances and an unbelievable amount of cabinet space.  The outside of the East wing boasts a patio and an 1815 square foot second story deck for entertaining.  The entire East wing was remodeled/rebuilt from the studs inward between 1999 and 2002 at a cost of $2,000,000.00.   

The estate boasts a nine hole par three golf course, a 7200 square foot professional tennis court with lighting for night play, a basketball court, a horseshoe court, trout ponds and nature trails with flora and fauna guides for visitors.  The landscaping and golf course have underground irrigation which is all automatically controlled.  There are hundreds of hydrangeas, azaleas, rhododendrons, dahlias, gladiolas and other plants in the landscaping.  There are also twelve fruit trees, kiwi vines, fig trees and a formal garden area.   

The inside of the estate features special five-step wall treatment, pre-selected old-growth fir for moldings and cabinets that was chosen at the mill to be used on the property.  All woodwork was then done on site.  There are thousands of square feet of slate tile and late 1800's Eastern white pine flooring taken from a New Hampshire farmhouse, and over a hundred recessed halogen twelve volt lighting fixtures.  There is an entry area fountain, chandeliers, fans and two heating systems.  A radiant heating system under the slate flooring areas can be used or the main heating system which is propane can be used.  This system features an attic furnace, heat pump and two 1000 gallon subterranean propane tanks.  All roofing is standing-seam metal to last a lifetime.  The drive is paved and has lighting as does the gated entrance.   

There has been over six million dollars invested in the development of the Ladley estate.  The property was originally listed at $5,400,000.00.  The Ladleys now want to move on after twenty years of developing this estate and have lowered the price accordingly.  The estate is now listed for sale at a price of $2,992,500.00.  This is now an incredible oportunity, not only for the individual looking for a private, secluded estate, or a corporate retreat, etc., but now can be purchased as an investment with resale in a year or two at a huge profit, or the estate can be short platted to three other five acre lots.  Three other seven figure homes could be built and a profit of several million could be seen.  It could also be further developed as a Bed and Breakfast Resort property or enhanced to an inn or larger venture.    

The estate can also be purchased as a turn-key purchase with all of the furnishings included for an additional fee.

1-360-871-9600
Fax - 1-360-871-9599