Magnolia Homes under $500,000

Welcome to Magnolia, one of Seattle's most enchanting neighborhoods, where the beauty of nature meets the vibrancy of urban living. Nestled on a scenic bluff overlooking Puget Sound and the majestic Olympic Mountains, Magnolia offers a serene and picturesque setting that feels a world away from the hustle and bustle of downtown Seattle, yet is conveniently just a short drive or ferry ride away.

This charming neighborhood is characterized by its lush parks, stunning waterfront views, and a tight-knit community atmosphere. Magnolia is home to Discovery Park, Seattle's largest green space, featuring miles of trails, beaches, and breathtaking vistas that invite outdoor enthusiasts and families alike to explore and unwind. The neighborhood also boasts a delightful mix of local shops, cozy cafes, and restaurants, making it easy to enjoy a day out without venturing far from home.

For those seeking affordable housing options in this desirable area, Magnolia offers a range of homes priced under $500,000. Here, you'll find a variety of charming properties, from quaint bungalows to modern condos, perfect for first-time buyers or those looking to downsize. Each home reflects the unique character of the neighborhood, providing a warm and welcoming atmosphere for residents.

Living in Magnolia means embracing a lifestyle that balances tranquility with accessibility. Whether you’re enjoying a leisurely stroll along the waterfront, participating in community events, or simply soaking in the stunning sunsets, Magnolia is a neighborhood that invites you to create lasting memories. Come discover your dream home in this idyllic Seattle enclave!

Newest Magnolia Homes under $500,000

$379,000

2 Beds ⋅ 1 Baths ⋅ 2587267 MLS ⋅ ACTIVE Status

Perched on the top-floor corner, this inviting 2-bedroom, 1-bath condo offers privacy, abundant natural light, and beautiful northeast facing views over the Ballard Bridge toward the Cascade Mountains and Mount Baker. The warm, welcoming living room is anchored by a cozy wood-burning fireplace, creating the perfect place to relax on cool Northwest evenings. An updated kitchen features modern finishes and a functional layout, while the beautifully renovated bathroom adds a fresh, contemporary touch. The thoughtful floorplan maximizes both comfort and livability, making the home ideal for everyday living or entertaining. Start your mornings with coffee while watching the sunrise illuminate the mountains, then unwind by the fire at day's end. Conveniently located in quiet Magnolia, this top-floor corner unit offers peaceful neighborhood living with easy access to downtown Seattle and may other nearby neighborhoods, along with parks, schools, shopping, and all the best of the Seattle lifestyle.

3710 25th Place W Unit #405, Seattle

Listing Broker: Windermere RE Magnolia; Ginger Ard; 206-953-8586; GingerandKimo@windermere.com

$425,000

2 Beds ⋅ 1 Baths ⋅ 2586335 MLS ⋅ ACTIVE Status

Welcome to this charming 2-bedroom corner home in the heart of Magnolia! Tucked away as a quiet end unit, this beautifully laid-out home offers a peaceful setting overlooking Lawton Park, with a walking trail leading to the Ballard Locks. Freshly painted and move-in ready, the inviting interior features a well-designed floor plan, in-unit washer and dryer, radiant floor heating in the bathroom, and a private balcony to enjoy the serene surroundings. The welcoming lobby entrance adds to the appeal, while one assigned covered parking space provides added convenience. Enjoy community amenities including a pool, sauna, and cabana. The HOA fee includes water, sewer, garbage, central hot water, and earthquake insurance, providing added convenience and value. Unbeatable location near Discovery Park, the Burke-Gilman Trail, Ballard Locks, Met Market, and the Expedia Interbay campus. A wonderful opportunity to enjoy comfortable living in one of Seattle’s most sought-after neighborhoods!

3722 27th Place W Unit #201, Seattle

Listing Broker: Keller Williams Rlty Bellevue; Anne Salvino; 206-953-2485; salvino.anne@gmail.com

$296,875

1 Beds ⋅ 1 Baths ⋅ 2579988 MLS ⋅ ACTIVE Status

Peaceful and remarkably central, this sun-filled condo offers the best of Seattle living—quiet comfort with effortless access to the city’s top destinations. Just minutes from major tech hubs, Downtown Seattle, South Lake Union, and Ballard, and close to Magnolia’s village charm and nearby parks, the location strikes the perfect balance between calm and connectivity. Inside, oversized east-facing windows frame sweeping views of the Cascades, Queen Anne, and the Ballard Bridge, filling the home with natural light. The renovated kitchen features brand-new quartz countertops, stainless steel appliances, a breakfast bar, and generous cabinet space. An open dining area, covered patio, and spacious sunken living room reflect timeless mid-century modern style. The primary suite comfortably fits a king-size bed and includes a large walk-in closet with custom built-ins. Deeded parking is conveniently located just outside the unit entrance. Enjoy low HOA dues and access to amenities at The Eldorado, including an outdoor pool, resident lounge, and fitness room—all in a serene setting that keeps you close to everything.

3601 24th Avenue W Unit #207, Seattle

Listing Broker: COMPASS; Emily Shepodd; 206-617-4010; emily.shepodd@compass.com

$448,000

2 Beds ⋅ 2 Baths ⋅ 2572675 MLS ⋅ ACTIVE Status

PREFERRED LENDER CREDIT! 1% Preferred Lender Credit can be used towards rate buydown or closing costs. Thoughtfully updated and filled with natural light, this 2 bed, 1.75 bath condo in Magnolia's boutique 9 unit Nor'easter offers an open, easy flow layout ideal for everyday living and entertaining. The spacious kitchen with granite counters and stainless appliances connects seamlessly to the dining and living areas, where large windows frame views of Salmon Bay, the Ballard Bridge, and Fishermen's Terminal, and a private balcony extends the living space. Recent updates include fresh interior paint, new carpet, modern lighting, and a refreshed primary bath. Enjoy a generous primary suite, cozy fireplace, full size in unit laundry, and dedicated parking. The well maintained building has completed balcony resurfacing and interior common area updates, with no special assessments and a low HOA. Minutes to Magnolia Village, Discovery Park, neighborhood cafes, parks, and waterfront trails.

3700 W 25th Place Unit #201, Seattle

Listing Broker: Windermere RE North, Inc.; Nicole Gaba; 206-485-6308; nicolegaba@windermere.com

3505 W Government Way Unit #202, Seattle

$465,000

2 Beds ⋅ 2 Baths ⋅ 2571692 MLS ⋅ ACTIVE Status

Discover easy living and the perfect blend of city convenience and natural beauty from this fully refreshed Magnolia condo! A corner unit with fresh paint throughout, new kitchen appliances and hardware, new lighting, new plumbing, new bedroom carpets, new water heater, newer washer & Dryer and some bathroom updates. The kitchen is open to the dining room and expansive living room with a cozy fireplace for entertaining and rainy Seattle nights! Building amenities include a weight room, game/party room, a sauna, bike storage, secure garage parking and decent storage space. The exceptional location is adjacent to 534 acre Discovery Park with miles of forested trails and sandy beaches! A short stroll to local shopping, the Ballard Locks and bus service just steps away for easy travel to downtown and other Seattle destinations. A must see to fully appreciate.

3505 W Government Way Unit #202, Seattle

Listing Broker: Windermere RE Magnolia; James Goodman; 206-849-5280; jgoodman@windermere.com

$475,000

2 Beds ⋅ 2 Baths ⋅ 2563996 MLS ⋅ ACTIVE Status

Experience the best of Magnolia living in this stylish Top Floor corner-unit condo, flooded with natural light, showcasing vaulted ceilings and sweeping views of MT Rainier, Interbay, Golf Course and Queen AnneThe open-concept floor plan features a spacious living room with a cozy wood-burning fireplace, rich cherry hardwood floors, and a dining area that opens to a private covered deck—perfect for year-round entertaining or quiet relaxation. The kitchen flows seamlessly into the dining space, making gatherings effortless.Retreat to the serene primary suite with an ensuite bath and custom features. A versatile second bedroom or home office also offers flexibility for today's lifestyle.Additional highlights include in-unit laundry, 1 covered parking, 1 uncovered parking and an unbeatable location just moments from Magnolia's popular shops and restaurants, the Elliott Bay Trail, Ballard and downtown Seattle.Light-filled, view-rich, and ideally located—this is Magnolia living at its finest. Rental of unit requires application and approval by HOA.

2636 22nd Avenue W Unit #303, Seattle

Listing Broker: Windermere Mercer Island; Allen Hovsepian; 206-718-6500; allen@housetip.com

2000 W Barrett Street Unit #205, Seattle

$499,500

2 Beds ⋅ 2 Baths ⋅ 2561501 MLS ⋅ ACTIVE Status

Welcome home to this bright, second-story end unit offering 1,135 square feet of comfortable, modern living on the Magnolia/Interbay border. The spacious, open floor plan features fresh paint, new appliances that flows effortlessly into a cozy living area anchored by a gas fireplace. The oversized primary suite easily fits a king bed and includes a private five-piece bath with a walk-in closet. Step outside onto two large, private balconies-the perfect setup for outdoor dining, entertaining, or simply relaxing. This home in a well maintained and quiet building puts you minutes from Magnolia Village, Interbay Golf, and direct transit or Elliot Bay Trail routes to downtown, Seattle Center, UW, and Seattle Children's.

2000 W Barrett Street Unit #205, Seattle

Listing Broker: Windermere Real Estate GH LLC; Patrick Slack; 206-718-6835; patrickslack@windermere.com

$278,000

1 Beds ⋅ 1 Baths ⋅ 2553853 MLS ⋅ ACTIVE Status

You wont get a better price on a beautiful condo with Amazing views in all of Seattle! Move in ready, 1 bedroom unit in highly sought-after Magnolia. The open concept living space is drenched in light from the floor to ceiling windows. Enjoy your morning coffee watching the Ship Canal & the Cascade mountain range while sitting on your covered deck. In Unit washer/Dryer, 2 storage unit spaces & dedicated parking. Conveniently located close to Discovery Park, Magnolia Village and Public transit. Don't miss the Outdoor Pool, Clubhouse & gym. $8200 HOA credit towards any future assessments

3661 24th Place W Unit #306, Seattle

Listing Broker: RE/MAX Metro Realty, Inc.; Jessica Froehlich; 206-769-7312; jessica.froehlich@metroeastside.com

$395,000

2 Beds ⋅ 1 Baths ⋅ 2549369 MLS ⋅ ACTIVE Status

Spacious open floor plan with floor to ceiling windows that fill the home with natural light. The view is stunning and includes the Cascade mountains, ship canal, Queen Anne & Ballard. Watch the boats travel past as you sip your morning coffee. Kitchen features stainless steel and granite. Spacious primary BR w/2 closets & ensuite full bathroom. Office/den has same oversized windows with panoramic view and can be closed off with barn doors and doubles as a second bedroom with included Murphy bed. Close to Whole Foods, Met Market and the beaches and trails of Discovery Park. Commute to downtown & SLU on the Burke Gillman trail nearby. Common areas include, club house, gym and outdoor pool. Storage and two parking spaces included. HOA dues include hot water.

3601 24th Avenue W Unit #305, Seattle

Listing Broker: KW Greater Seattle; Michael J. Ross; 206-724-2582; rossm@kw.com

$350,000

2 Beds ⋅ 1 Baths ⋅ 2532887 MLS ⋅ ACTIVE Status

Well-maintained corner-unit condo in sought-after Aravita! This 2-bedroom home offers abundant natural light, added privacy, and an east-facing balcony with territorial views. Features include granite countertops, in-unit washer/dryer, wood-burning fireplace, designer ceiling fans, secure entry, elevator access, garage parking, bike storage, and Amazon lockers. Pet-friendly community with no rental cap and a pre-inspection available. Ideally located in Magnolia/Interbay near popular restaurants, coffee shops, parks, Interbay Golf Center, and the Athletic Complex. Close to QFC, Whole Foods, Metropolitan Market, and Albertsons, with easy access to RapidRide, major bus lines, bike routes, Discovery Park, and the future Dravus light rail station.

3045 20th Avenue W Unit #202, Seattle

Listing Broker: Redfin; Amy Laughter; 315-563-1383; amy.laughter@redfin.com

$285,000

1 Beds ⋅ 1 Baths ⋅ 2534939 MLS ⋅ ACTIVE Status

Welcome to Aracita, a beautifully updated condo in the heart of Magnolia offering comfort, convenience, and exceptional value. This one-bedroom residence features hardwood floors, updated kitchen, granite countertops, stainless steel appliances, and the convenience of in-unit laundry. Recent appliance upgrades include a brand-new stove and newer microwave, washer, and dryer, making this home truly move-in ready. The open-concept layout lives larger than its footprint, while expansive southeast-facing windows and a spacious private balcony fill the home with natural light and showcase cozy courtyard views. A cozy wood-burning fireplace adds warmth and character, creating an inviting atmosphere year-round. Aravita reflects strong ownership and stewardship, with major building improvements including new siding, insulation, windows, and a newer roof, plus planned elevator modernization. Residents enjoy secure building access, elevator service, Amazon Locker package delivery, bike storage, and a dedicated parking space in a secure garage in addition to ample street parking. Ideally located near Discovery Park, Ballard, Queen Anne, Fremont, South Lake Union, Elliott Bay, Downtown Seattle, and major employment centers, this home offers outstanding access to dining, shopping, recreation, and commuting options. A protected bike lane connects directly to the Elliott Bay and Burke-Gilman trail systems.

3045 20th Avenue W Unit #209, Seattle

Listing Broker: eXp Realty; Stacie Haworth; 425-750-9002; stacie@haworthconsulting.com

$469,950

2 Beds ⋅ 2 Baths ⋅ 2532401 MLS ⋅ ACTIVE Status

Nestled in nature this small enclave of seven homes sits on the edge of The Kiwanis Preserve Park (wildlife sancutuary) and Discovery Park. This cute home is move in ready so you can start your Magnolia adventures this summer! Great floor plan with two primary suites. End unit has fresh paint and new carpets. The main floor has hardwood floors and is an open plan with kitchen, living/dining plus a nice size balacony to enjoy the natural environment that surrounds you. Upstairs is bright primary, adjacent full bath and laundry. Lower level has huge private suite with walk in closet and attached full bath (also could be an office and media room!). Maple Creek is a gated community with personality plus. One Car off street parking. Near shops, restaurant and coffee and Metropolitan Market, Fisherman's Terminal and Magnolia Village. Easy commute to downtown, Fremont, Ballard and Queen Anne. Fur baby friendly! You have got to see this unique townhome in a popular spot!

3406 W Government Way Unit #7, Seattle

Listing Broker: Windermere Real Estate Co.; BethAnn Warner; 206-387-3006; bwarner@windermere.com

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