Mccaw Buys Kenny G's Hunts Point House
Seattle Times Eastside Bureau
HUNTS POINT - Though neither side has tooted its horn about the deal, Grammy-winning saxophonist Kenny G has sold his estate on Lake Washington to high-tech magnate Craig McCaw.
A spokesman for McCaw confirmed the purchase of the 12,200-square-foot English manor-style house built by Kenny G in 1995. The house, which was once splashed across the glossy pages of Architectural Digest, comes loaded with all the accoutrements - swimming pool, tennis court, soundproof recording studio and the seaplane with which the former resident buzzed the homes of his Fortune 500 neighbors.
The home had been on the block for nearly two years, prompting talk that Kenny G, aka Kenneth Gorelick, would have to lower his asking price of $26.5 million. While no one would disclose the sale price, a knowledgeable source only laughed at rumors it fetched less.
Gorelick assembled the three-acre estate starting in 1990, paying roughly $8.8 million for the properties and homes. He built a home later that was assessed at $5.1 million. Gorelick could not be reached for comment.
McCaw, the intensely private chairman of the Kirkland-based satellite company Teledesic, sold his McCaw Cellular Communications to AT&T in 1994 for $11.5 billion.
Seattle Times staff reporters Ian Ith and Monica Soto contributed to this report.
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