Sunday, May 27, 2012

1st Visit to the Methow

In March 2011, we made our first trip to the Methow to look at properties. We were super excited to meet with Sheila and explore the area. Sheila had identified a ton of properties and told us to bring our snowshoes. 

The drive to the Methow was an important consideration. We knew this one factor could be a deal-breaker because if the drive kept us from going, then it was not worth having a cabin in that area. There are two main routes to get to the Methow from Seattle, but only one in the winter months. In the winter, Washington's North Cascades Highway (elevation 5,477 ft.) is completely closed. It can take less than 3.5 hours to get to Mazama from Seattle on the North Cascades Highway; however, it can take 4.5 to 5 hours taking I-90 over Stevens Pass (elevation 4,061 ft) or Blewett Pass (elevation 4,102 ft.).

In March, the North Cascades Highway is closed, so we would be taking the long way around. When we made it to the Valley, we understood why Sheila had recommended we bring snowshoes. As we drove from Carlton up to Mazama, snow blanketed everything and there was serious accumulation the closer we got to Mazama. Overall, the drive was long, but we were not ready to pass judgment just yet.

The next morning we work up bright and early to meet Sheila at the Mazama Junction Country Store. Over the next 8 hours, we walked properties ranging from 1/2 acre to more than 20 acres in size. The landscape and the amenities varied on each property. Some of the properties were on the side of a mountain with 360 degree views and not a tree in sight, while others were heavily treed with territorial and mountain views. Some of the lots had water and electricity at the property line, while others had no services whatsoever. Many of the properties were designed as part of a larger community governed by a home owners associations. We learned that the HOA is generally responsible for maintaining any common area and ensuring that the community roads are plowed in the winter.

After a long day of looking at properties, we found our focus shifting towards properties with the following characteristics:
  • Treed with some elbow room
  • Private with electricity and water on the property
  • Governed by an HOA with reasonable covenants and restrictions
  • Easily accessible
  • Mountain or territorial view



the draw of eastern Washington

We were drawn toward eastern Washington because of the landscape and weather. We looked into land around Cle Elum and the Methow Valley, and to get a better read on both, we talked to friends, real estate agents, bankers, and architects. 

Initial information from local banks proved very helpful. Not only did they provide options for financing the land, but local banks had information on available properties, loans being written, and market conditions. Of particular interest, we learned that Kittitas County (i.e., the county Cle Elum is located) had banned new wells in the upper portion of the county, unless water rights were clearly defined. As a result, many of the banks were not underwriting loans for vacant land because wells could not be dug. This was a huge factor for us because obviously, we'd need water.

When researching the Methow Valley, we discovered a number of vacant lots that looked promising. Banks were writing loans and deals were being closed on vacant land even in a down market. Without many contacts in the Methow, we reached out to an architect who had designed a number of beautiful homes in that area. The architect put us in contact with a real estate agent that would turn out to be our most important resource for the Valley, Sheila Coe.

After a video conference with Sheila where we discussed price, size, use, etc., we were on our way to setting up a trip to the Valley. In the meantime, Sheila began identifying properties from Twisp to Mazama for us to visit.