Seattle is no stranger to luxury real estate—typically waterfront mansions bought and sold by executives at Amazon, Starbucks, Boeing, and Microsoft. So it’s no shocker that Washington’s most expensive listing is located just outside Seattle.
However, this pricey property stands out: Clocking in at nearly 526 acres, Misty Isle Farms is a working cattle ranch and estate on Vashon Island.
“To have 500 acres this close to Seattle is very, very rare,” listing agent Brad Vancour says.
The property was the home of Thomas J. Stewart, who founded the food distribution conglomerate Services Group of America, one of the largest privately held companies in the country. He died in a helicopter crash in 2010.
Misty Isle Farms is simply massive. It features a 6,500-square-foot main home and seven additional houses for guests and employees. There’s a 12,000-square-foot car showroom, 60-acre arboretum with 3,000 trees, eight miles of trails, 11-stall barn, golf driving range, chipping and putting areas, private landing strip for smaller airplanes, and roll-away helipad for daily commuting to the city.
The property is anchored by the five-bedroom, 4.5-bath ranch home built in 1980 with views of Mount Rainier. The step-down living room has a two-sided stone fireplace and bank of floor-to-ceiling windows looking out on the backyard, swimming pool, and 3-acre artificial lake.
The master bedroom features large windows on three sides and a reading alcove. There’s a walk-in closet and master bath with soaking tub and walk-in glass shower.
Stewart was known on the island for hosting extravagant fundraisers for local branches of the Republican Party, and for funding fireworks displays over Quartermaster Harbor, according to a profile in the Seattle Times. In 2006, he moved his company’s headquarters to Arizona. The following year, he put Misty Isle Farms on the market for $125 million—which at the time was one of the most expensive residential listings in history.
After his death, his family relisted the property in 2015 for $43 million, reduced the price to $33 million last year, and cut the price again in January.