Real Estate in South Seattle is varied from water front to mountain views, from urban centers to rural pastures, from sleek commercial to industrial. If it is real estate or south Seattle, it is fair game to post on this blog. This blog has a focus on Rainier Beach, of which I follow the market conditions.
This summary includes Rainier Beach, Upper Rainer Beach, Dunlap, Pritchard Beach and Kubota Gardens, with a north boundary from Kenyon, south boundary of Bangor, east boundary 62nd Ave South, and West Boundary of Martin Luther King Way, using the information available on the NWMLS.
Currently there are 50 active residential listings on the market. Low $236.700 Median $ 379,975 High $759,000 Average Price per Square foot is $224
Currently there are five multi family houses on the market.
High price $550,000
Average Price per Square foot is $184.81
Currently there are 5 vacant residential development lots on the market.
A look at selected properties listed in Rainier Beach
8301 54th Ave South, MLS number 27103918 , The picture above is from the master bedroom
This is one of three new homes built just of Seward Park Ave South. The houses have been built that the Lake Washington view is preserved from each house. The house has all the necessary nice touches. I liked the master bedroom lay out, being able to wake up and see the lake is cool. This house is walking distance to Pritchard’s beach, one of my favorite public, but private feeling beaches on Lake Washington. I like it be cause the beach is sunny on most afternoons, and there is a nice walking trail in the woods just south of the beach.
Just around the corner is house where the value is in the land. Check out 845 55th Ave S, MLS# 28021629, if you are looking for some place to build your own house. Again, this is a great little neighborhood, walking distance to nice beach and a short walk to the shopping area of Rainier Beach.
This is the second investment property that my wife and I purchased. We purchased with owner occupied financing. We lived in the owners unit for a year. My wife got a job in Redmond, so the commute was rough on her, so we moved to the Leschi community, but I fell in love with the neighborhood because of the good restaurants, and potential for the real estate upside in the under discovered neighborhood it is.