What $1 Million Can Get You in These Seattle Neighborhoods

In spring of 2020, Seattle’s median home price is $767,906, and from April 2019 to April 2020 we’ve seen a YOY increase of 15% in the greater Seattle area. But what type of home (and how much home) you can get will vary a lot depending on neighborhood, and each micro-neighborhood has its own nuanced market to account for.

In this post, you’ll find examples of current live home listings (as of the publication date of this blog post, that is!) that are listed for around $1 million in a variety of Seattle neighborhoods.

Have a question about buying or selling a home in Seattle? We’re always happy to chat—click here to get in touch!

Queen Anne

Queen Anne is home to Seattle most famous icon: The Space Needle! But this popular destination neighborhood that’s tucked in between Downtown Seattle, South Lake Union, Fremont, and Elliott Bay is so much more. This highly desired Seattle neighborhood is home to everything from modern condo buildings and urban amenities to gorgeous historic homes and small town charm. Take a moment to explore what makes this neighborhood so special here.

Queen Anne Median Home Price for April 2020:

• Residential: $1,015,000
• Condo: $485,000

Here’s an example of what ~$1 million will get you in Queen Anne:

• Listed for $1,004,995
• Located at 2143 9th Ave W #14 Seattle, WA 98119
• MLS #: 1560455
• 2Beds + 2.25 Baths
• 1,362 square feet
• Built in 2020

Contemporary design meets luxury living in this townhome located in the award-winning new construction at McGraw Square by Toll Brothers. Highlights include the open-concept floor plan ready for entertaining; a sumptuous master bedroom complete with a walk-in closet; a bath with a dual vanity and private WC; and $40,000 in included options.

Click here to see all photos + info! 

Belltown/Downtown

Right in the heart of Seattle, the Downtown/Belltown area offers everything from scenic waterfront parks and stunning vistas to lively nightlife and a thriving arts scene, all at your fingertips. Many people choose to live here so they can live, work, and play in the same neighborhood.

Belltown/Downtown Seattle Median Home Price for April 2020:

• Residential: N/A
• Condo:$649,000

Here’s an example of what ~$1 million will get you in Downtown:

• $1,051,000
• Located at 526 1st Ave S #524 Seattle, WA 98104
• MLS #: 1527825
• 1Beds + 1.75 Baths
• 1,713 square feet
• Built in 1909

Located in Downtown Seattle’s historic Pioneer Square neighborhood, this reimagined condo offers luxurious amenities and modern style at every turn. Unit highlights include high-end upgrades throughout, including a Sub-Zero built-in wine fridge, custom built-ins, custom California Closets in the master bedroom, and more.

Views of fabulous sunsets, majestic mountains, and shimmering Elliott Bay are all yours with this luxury penthouse. Presenting a rare opportunity, this corner unit features an open design, floor-to-ceiling windows, a chef’s kitchen, custom cabinetry, and premium building amenities.

Click here for all photos + info!

Central District

As with most Seattle neighborhood boundaries, it depends on who you ask, but generally speaking, the Central District (aka “The CD”) is nestled in between Capitol Hill, First Hill, North Beacon Hill, and Lake Washington. It’s prime central location offers residents excellent commuting options thanks to its close proximity to Downtown Seattle and the I-90 Bridge (which provides easy Eastside access).

Central District Median Home Price for April 2020:

• Residential: $814,000
• Condo: $433,500

Here’s an example of what ~$1 million will get you in the Central District:

• Listed for $995,000
• Located at 1614 E Yesler Wy Seattle, WA 98122
• MLS #: 1597573
• 4 Beds + 2.75 Baths
• 2,300 square feet
• Built in 2015

This end-unit townhome boasts fabulous city views that stretch from the stadiums to Downtown Seattle, and it’s prime location puts you just steps from transit and parks and merely blocks to dining. This unique design includes street level commercial space in addition to pristine, modern living spaces (don’t miss the chef-ready kitchen and the master floor with stunning views of Mt. Rainier!). This condo also has an attached single-car garage and a rare eco-friendly Built Green ®4-star rating.

Click here to see all photos + info.

Eastlake

Tucked in between Lake Union and Interstate-5, Eastlake offers easy access to South Lake Union, University of Washington, the 520 Bridge, and of course, I-5. Destination restaurants, fabulous views of Lake Union, and a community of house boats are just a few of this Seattle neighborhood’s standout characteristics.

Eastlake Median Home Price for April 2020:

• Residential: $726,500
• Condo $470,000

Here’s an example of what ~$1 million will get you in Eastlake:

Presented by the award-winning Green Canopy Homes, this innovative townhouse boasts Net Zero Energy efficiency. Discover a bright and inviting floorpan, a luxurious master suite with a spa-inspired master bath, a private deck with partial water views, flexible living space, and more. Plus, this home is prepped for solar paneling and an EV charging station.

Click here for all photos + info!

Magnolia 

Situated right along scenic Elliott Bay and tucked in between Discover Park and Interbay, Magnolia is a picturesque Seattle neighborhood with some of the best views in town. Residents especially love the kid-friendly setting and the easy commute into Downtown Seattle and South Lake Union.

Here’s an example of what ~$1 million will get you in Magnolia:

• Listed for $1,049,000
• Located at 3257 25th Ave W Seattle, WA 98199
• MLS #: 1595283
• 3 Beds + 2.50 Baths
• 2,360 square feet  
• Built in 1990

Have a question about buying or selling a home in Seattle?

We’re always happy to chat—click here to get in touch!