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Washington couple’s $50M retreat on Lake Washington lists for $71M

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Cite

TOI Real Estate Desk. (2026, September 20). Washington couple’s $50M retreat on Lake Washington lists for $71M. Times of India. https://timesofindia.indiatimes.com/real-estate/news/washington-couple-spent-nearly-two-decades-and-50-million-creating-a-resort-style-retreat-on-2-3-acres-of-lake-washington-the-two-home-waterfront-compound-now-asks-71-million/articleshow/134337483.cms

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Times of India · collected 2026-09-20 · by TOI Real Estate Desk

Quick Summary

Dwayne and Terese Clark are selling their luxurious two-home compound on Lake Washington for $71 million, which includes a main house of about 9,600 square feet with Italian-inspired decor and a smaller wellness retreat built in 2024. The couple, who have invested approximately $50 million over nearly two decades to transform the original 1.2-acre property into their waterfront sanctuary, are moving to Arizona due to Dwayne’s planned retirement from his senior-living company, Áegis Living. If sold at this price, it would break the residential real estate record in the Pacific Northwest, surpassing Jeff Bezos's recent sale of a nearby mansion for $63 million.
Written by AI on 2026-09-20, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

Dwayne Clark and his wife, Terese Clark, are selling their two-home property on Lake Washington, located in Hunts Point, Bellevue, Washington, for $71 million. The Clarks purchased the initial 1.2-acre waterfront compound in 2008 for $4.9 million and built a roughly 9,600-square-foot residence there. In 2017, they acquired an adjacent 1.12-acre property for approximately $8 million, on which they constructed a wellness retreat home. If the sale closes near the asking price, it would establish a record for residential real estate in the Pacific Northwest region. The Clarks' vision was to create a space reflecting their love of travel and Italy, incorporating unique architectural features like an Italian-style piazza into the compound's design.

Written for “Luxury Home Listing” on 2026-11-04, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Luxury Home Listing
Economy/Business · 1 article(s) covering the same event.

Compared with similar articles

Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
30
sentences that state something as happening or true
Uncertain
13%
4 of 30 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
59/100
Times of India's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-20 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Times of India · 4073 article(s) · 4 correction(s) detected
Running correction rate · 4 correction(s)

Who wrote this

TOI Real Estate Desk
128 article(s) here · 1 carrying a prediction
🔮 The difference in reported figures suggests that the coverage may have counted the property's overall tree population rather than only those planted by the singer.
🔮 Another feature that could appeal to prospective buyers is the availability of approved plans and permits for a swimming pool, offering the possibility of further developing the outdoor space.
🔮 However, Toby recently welcomed a baby with his wife, Scarlet Alexandra, and may now be looking for more space for his growing family.
🔮 Branden Williams and Rayni Williams of The Beverly Hills Estates have listed the property.
🔮 Its current listing price therefore represents no nominal increase over his original purchase price, although the eventual sale proceeds, carrying costs and any changes to the property’s condition will determine the financial outcome.
🔮 Other headline-making sales include British singer Robbie Williams’ Beverly Hills-area estate, which rapper Drake acquired in 2022 for a reported price in the mid-$70 million range, according to the Los Angeles Times.
🔮 Every New Yorker you meet will tell you how much they dream of owning a home in the city.
🔮 Furnishings and artworks were not included in the original asking price, although they could be negotiated separately.
🔮 Beyonce's mother on the family home For Beyonce's mother, Tina Knowles, the property was a place where the family could spend time together.
🔮 Aguilera told Realtor.com that clouds moving in from the coast could settle below the property, creating the impression of a blanket of fog resembling a waterfall.
Wire or desk byline, not an individual reporter.
Also by TOI Real Estate Desk
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 128 articles by TOI Real Estate Desk →

Topics

Bellevue Hunts Point Italian Italy Washington

Subjects

Dwayne PERSON · 5× Bellevue GPE · 3× Clarks ORG · 3× Italy GPE · 3× Arizona GPE · 2× Hunts Point GPE · 2× Italian NORP · 2× Jeff Bezos PERSON · 2× Terese PERSON · 2× Washington GPE · 2×

Narrative

If the sale closes near the $71 million asking price, it would establish a record for the region, listing agents Jay Kipp of Realogics Sotheby’s International Realty and Haleh Clapp of Compass told the publication.
framing: assertive · carried by 1 article(s) · first seen 2026-09-20
🔮 If the 2.3-acre waterfront compound sells near the asking price, it could set a record for Pacific Northwest residential real estate.
2026-09-20 · Times of India
Washington couple’s $50M retreat on Lake Washington lists for $71M · assertive framing

Claims (30 extracted, 4 hedged)

Dwayne Clark and his wife, Terese Clark, are selling their two-home property on Lake Washington, along with the adjacent land, for $71 million, according to a report by The Wall Street Journal. uncertain
Clark → sell → Journal
If the 2.3-acre waterfront compound sells near the asking price, it could set a record for Pacific Northwest residential real estate. uncertain
it → sell → estate
Last year, Jeff Bezos sold a mansion in the neighbourhood for a record-breaking price. asserted
Bezos → sell → price
In 2008, the Clarks purchased a 1.2-acre waterfront compound in Hunts Point, Bellevue, Washington, for $4.9 million. asserted
Clarks → purchase → million
They tore down the old cottage on the property and constructed a roughly 9,600-square-foot residence. asserted
They → tear → residence
About a decade later, they bought an adjacent 1.12-acre property for roughly $8 million, where they built a second home designed specifically as a wellness retreat. asserted
they → buy → retreat
The couple had a unique vision for their home. asserted
couple → have → home
Dwayne, 67, founder and CEO of senior-living company Áegis Living, and Terese, 66, a retired trauma nurse, wanted to create a space that reflected their shared love of travel, wellness and Italy. asserted
that → want → travel
People raised eyebrows when they built a piazza, an open courtyard enclosed on four sides and a feature of Italian architecture, at their waterfront home in Bellevue. asserted
they → raise → Bellevue
The structure didn’t make sense to some, as it is in one of Washington state's rainiest neighbourhoods. asserted
it → make → neighbourhoods
“People said, ‘No one has piazzas in Seattle,’” Terese told the WSJ. asserted
Terese → say → WSJ
But they did it anyway. asserted
they → do → it
The partly sheltered space allows them to enjoy the outdoors even when it is raining, and according to Dwayne, the piazza creates its own warmer ‘microclimate’. uncertain
piazza → allow → microclimate
The couple's affection for Italy drove many of the design choices across their Hunts Point property. asserted
affection → drive → property
Over nearly 20 years, they acquired furnishings and décor from their travels, layering the European aesthetic into what would become their waterfront sanctuary. asserted
what → acquire → aesthetic
Over the two decades, the couple has invested about $50 million. asserted
couple → invest → million
“What we’ve tried to do is create our own Four Seasons resort,” Dwayne said. asserted
Dwayne → try → resort
Despite putting a lot of effort into their waterfront homes, the Clarks are now moving to a sunnier climate. asserted
Clarks → put → climate
They are hoping to relocate to Arizona, and Dwayne also plans to retire from his role this year. asserted
Dwayne → hop → role
They have listed their Bellevue home for sale. asserted
They → list → sale
If the sale closes near the $71 million asking price, it would establish a record for the region, listing agents Jay Kipp of Realogics Sotheby’s International Realty and Haleh Clapp of Compass told the publication. asserted
agents → close → publication
Jeff Bezos sold his Hunts Point mansion last year for $63 million, Kipp pointed out. asserted
Kipp → sell → million
What the buyer gets Representative image generated using AI The buyer gets 2.3 acres of Lake Washington waterfront with two Mediterranean-style residences connected by a bridge over a koi pond. asserted
buyer → get → pond
The main house spans roughly 9,600 square feet, with three bedrooms, a piazza and rooms filled with Italian furnishings collected over decades. asserted
house → span → decades
The second property, completed in 2024, functions as a dedicated wellness retreat with indoor and outdoor pools, a separate stone cottage and an attached garage that doubles as a ballroom for entertaining. asserted
that → complete → entertaining
Two private docks provide direct access to the lake. asserted
docks → provide → lake
The entire compound arrives turnkey, with curated décor and design elements sourced exclusively from Italy. asserted
compound → arrive → Italy
According to Dwayne, these two houses were a ‘labour of love’. uncertain
houses → accord → love
Meanwhile, the Clarks also own a beachfront home in Santa Barbara, California, which they have listed for $44.999 million. asserted
they → own → million
They plan to relocate to Arizona, where they can pursue an active outdoor lifestyle with more consistent sunshine. asserted
they → plan → sunshine
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