Madison Park Homes under $500,000

Welcome to Madison Park, a hidden gem nestled in the heart of Seattle, Washington. Known for its picturesque tree-lined streets and stunning waterfront views, this charming neighborhood offers a unique blend of suburban tranquility and urban convenience. Madison Park is bordered by the serene shores of Lake Washington, providing residents with ample opportunities for outdoor recreation, from leisurely strolls along the waterfront to picnics in the lush green parks.

The community is rich in character, featuring a delightful mix of historic homes and modern residences. While Madison Park is often associated with upscale living, there are also fantastic opportunities for first-time homebuyers and those looking for affordable options, with homes available under $500,000. These properties offer a perfect entry point into this vibrant neighborhood, allowing you to experience the charm and convenience of Madison Park without breaking the bank.

Residents enjoy easy access to a variety of local amenities, including boutique shops, cozy cafes, and gourmet restaurants that cater to diverse tastes. The neighborhood is also served by excellent schools and is just a short drive or bus ride away from downtown Seattle, making it an ideal location for both families and professionals.

With its welcoming atmosphere, strong sense of community, and beautiful surroundings, Madison Park is more than just a place to live; it’s a place to thrive. Discover your dream home in this enchanting neighborhood, where comfort and convenience come together to create the perfect Seattle lifestyle.

Newest Madison Park Homes under $500,000

$379,000

1 Baths ⋅ 2586587 MLS ⋅ ACTIVE Status

Fantastic 4th floor pied a terre in Lakeside West. Stunning views of Mt Rainier, Lake Washington and the Bellevue skyline. Super low maintenance studio that could easily be turned back in to a one bedroom. Updated kitchen and bath. Washer and dryer hookups in unit. Super easy access to downtown, and the East side. Steps away from the shops, restaurants and parks that make Madison Park the premier destination in Seattle!

2040 43rd Avenue E Unit #415, Seattle

Listing Broker: Realogics Sotheby's Int'l Rlty; Hoady Spencer; 206-372-1092; hoadyspencer@gmail.com

$399,000

1 Beds ⋅ 1 Baths ⋅ 2576175 MLS ⋅ ACTIVE Status

Nestled on a quiet street with serene tree cover, this mid century modern top floor 1 bedroom condo provides zen light and energy while being just a hop, skip, and jump from the bustle and amenities of coveted Madison Park. Entry foyer greets with ample storage on both sides of the hallway. Enter into the generously sized dining and living room with floor to ceiling windows, gorgeous brand new engineered hardwood floors, automated window covers, and perfect treehouse feeling private deck. Kitchen with cherry cabinets and efficient design, but if cooking is not your jam, then there are a dozen eateries within close proximity. Spa-like bathroom with bidet and glass enclosed shower. Big bedroom offers plenty of space for WFH and / or a king size bed + dual closets. Park Lane is a welcoming retro 1950s community of 15 homes. Laundry rooms and storage on each level. Contemplating a car free lifestyle? This is the ultimate opportunity to ground into a community with everything at your finger tips: shops, restaurants, groceries, coffee, and public transportation. An idyllic existence in the midst of the city IS possible. It's right here.

1616 41st Avenue E Unit #305, Seattle

Listing Broker: Windermere Real Estate Midtown; April Geneva; 206-940-8080; April@Windermere.com

2501 Canterbury Lane E Unit #320, Seattle

$465,000

2 Beds ⋅ 1 Baths ⋅ 2567060 MLS ⋅ ACTIVE Status

Step into sun-drenched waterfront living with this west-facing 3rd-floor (of four) view condominium at Canterbury Shores in coveted Madison Park. This spacious home features open entertainment areas, an updated kitchen, in-unit laundry, and a private covered deck with views toward evening sunsets, Lake Washington, and the UW football stadium. Additional conveniences include dedicated parking and private storage. Professionally managed Association on over three acres of park-like grounds. Residents enjoy full-time on-site management, elevators, fitness room, outdoor heated pool, private dock with boat moorage, kayak/paddleboard storage, little sandy beach, bike storage, and beautifully landscaped open lawns. The community recently completed an $11 million renovation including new siding, roof, windows, and patios, with no rental cap and no special assessments. Moments from Madison Park Beach, charming shops, cafés, restaurants, parks, the Washington Park Arboretum, and a transit stop providing direct access to light rail and downtown Seattle, plus easy connections to the University of Washington, Bellevue, the Eastside, and I-5. Enjoy a rare resort-style waterfront lifestyle—and a fantastic value—where every day feels a little more like a vacation.

2501 Canterbury Lane E Unit #320, Seattle

Listing Broker: Windermere Real Estate/East; Skylar Agnew; 206-335-9537; skylar@windermere.com

2501 Canterbury Lane E Unit #119, Seattle

$495,000

2 Beds ⋅ 2 Baths ⋅ 2563896 MLS ⋅ ACTIVE Status

Tucked privately on the shores of Lake Washington in the sought-after neighborhood of Madison Park, Canterbury Shores is a peaceful waterfront retreat paired with ultimate urban convenience. This one-level condo lives large and has been lovingly maintained by a single owner for nearly half a century. Awash in natural light, the ground-floor unit features a wall of windows and an open-concept great room that seamlessly connects the living, dining and kitchen spaces. Three sets of sliding glass doors open to a private covered patio equipped with an automated shade screen, allowing for effortless year-round indoor-outdoor enjoyment. The home comes with a deeded parking space just steps from the unit, ample guest parking, storage unit and in-unit laundry hookups. The complex is situated on over three acres boasting open lawn areas, an in-ground heated pool, fitness room and bike storage. Boaters and swimmers will love the private dock access, optional moorage and secure storage for kayaks, canoes, paddleboards, etc. Canterbury Shores recently completed an $11 million dollar renovation, including new siding, roof, windows, patios and more. Perfect for investors or homeowners alike, the building has no rental cap, no special assessments and features full-time, on-site management. Transit stop sits just outside the complex entrance providing a direct connection to the light rail station and downtown Seattle. This is a rare resort-style, waterfront lifestyle in the heart of Seattle.

2501 Canterbury Lane E Unit #119, Seattle

Listing Broker: Real Residential; Tory Frol; 253-732-3549; tory@realresidential.com

$350,000

1 Baths ⋅ 2553093 MLS ⋅ ACTIVE Status

MOTIVATED SELLER—LAKE living in this view condo in Madison Park captures the effortlessly cool, true mid-century modern waterfront vibe-where simplicity, light and an idyllic setting do all the work. Lakeview Lanai sits right on the water with a rare, almost retro-resort feel—complete with a dock, outdoor pool and direct lake access—giving it that laid back, Palm Springs meets Seattle energy. Southern facing unit with gorgeous light, views and private patio—perfect for sipping coffee and watching the boats go by. Original tile in the kitchen and bathroom bring authentic mid-century character. Steps to the beach, cafes, dining and darling shops that make Madison Park so iconic. Quick commute to downtown or the Eastside. Large private storage for unit AND community storage for bikes and water toys.

1600 43rd Avenue E Unit #212, Seattle

Listing Broker: Windermere Real Estate Midtown; Melissa Boucher; ;

$395,000

1 Beds ⋅ 1 Baths ⋅ 2463247 MLS ⋅ ACTIVE Status

Experience luxurious waterfront living in the heart of Madison Park! This beautifully updated top-floor one-bedroom, one-bathroom condo boasts stunning views of Lake Washington and is just a stroll away from the local amenities Madison Park has to offer. Relax on your private balcony while soaking in the expansive lake and beach scenery. Enjoy access to the community dock for day moorage, paddleboarding, kayaking, and a plethora of waterfront activities. The unbeatable location provides easy access to downtown, 520, and public transit. With no rental cap, this property represents an incredible investment opportunity.

1800 43rd Avenue E Unit #401, Seattle

Listing Broker: John L. Scott, Inc; Rob Condiotty; 425-753-0654; robco@johnlscott.com

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