Using median home prices from online real estate company Zillow, PSBJ has compiled a lit of the most expensive neighborhoods in the Puget Sound region. You probably won't be shocked all to find out Medina tops the list with a $2.02 million median home value. You may or may not be surprised to find Downtown Kirkland checking in at No. 2 with a median home value of $1.33 million. The top Seattle neighborhood? Laurelhurst, home of this $10.4M listing. We decided to take a look at the market and find out the cheapest possible options in each of the ten most expensive neighborhoods on the list. This is going to be a very expensive Least Expensive list.Read More
Let's See The Least Expensive Homes For Sale in Puget Sound's Most Expensive Neighborhoods
No. 1 Medina ($845K House)
When it originally listed, this 2-BR was asking $900K. Guess even in Medina you have to ball play cause they've come down a little bit. As it is, it's the only listing on the market right now under a million. Gotta say, in any other neighborhood they're probably asking closer to $500-600K.
No. 2 D'town Kirkland ($287K Condo)
Pretty decent-looking ground-floor two-bedroom condo here that puts you minutes from the downtown sector. They've come down from $295K after 19 days, guess they're used to things moving pretty quick in Downtown Kirkland.
No. 3 Laurelhurst ($918K House)
You can get in to Laurelhurst for under a million...but just barely. This 3-BR, 2-bath home dates back to 1922 but has clearly been renovated more recently. The luxury master suite comes with a great south view, huge walk-in closet and soaking bath. Living here also makes you "Beach Club eligible" whatever that means.
No. 4 Mercer Island ($259K Condo)
In between all those massive mansions you'll find plenty of condo buildings on Mercer Island. The current cheapest champ is this 646 square-foot 1-BR. Looks like you get a private deck, fireplace, washer/dryer and storage space. You're also right in Mercer Island Town and close to the main shopping area.
No. 5 Windermere ($335K Townhome)
We were surprised to find anything in Windermere under $500K but here we are. To be fair, it's the only thing under $799K so it's not like affordable places are all over the place. At 1,330 square-feet, it's pretty big for a 1-BR. Tall ceilings in the bedroom make a difference.
No. 6 Madison Park ($719K Condo)
Another neighborhood with only one listing under a million. This 2-BR started out asking $739K but chopped $20K off after a little under a month. Pretty nice view from the covered patio and the sunroof in the kitchen brings some light into what would otherwise be a fluorescent space. $722 in monthly HOA dues, FYI.
No. 7 Meydenbauer ($685K Condo)
You're never far from the water in this neighborhood and this $685K condo is one of the few places you can anchor down for less than $1M. Living in a ground floor corner condo has it's advantages here as it's easy access to the kayak launch and swimming pool. There's also a "vegetable bed for residents," which doesn't mean what we thought it meant at first.
No. 8 North Bellevue ($235K Condo)
The median home value in North Bellevue is $914K but there's plenty of condo options in the $200-300K range available. We dig the hardwoods choice over carpet and they also pack a modern kitchen into this 777 square-foot space. Don't forget about the Ccmmunity clubhouse w/ indoor/outdoor pool & hot tub. How could you?
No. 9 Eastgate ($375K Condo)
Another Bellevue neighborhood, Eastgate, the cheapest option here is a 1,286 square-foot 2-BR condo with Lake Sammamish & Cascade views. The breakfast bar differentiates the space a little bit. Great spot for commuters who need I-90 access.
No. 10 Montlake ($725K House)
We top out in this Seattle neighborhood where you only have four available options under $1.1M. This one hit the market at $749K before coming down. The 2,500 sqaure-foot 3-BR is a real Seattle classic with lots of vintage details and built-ins. It does need some work too, though, and we think it might not get this kind of price if it was located in, say, Wallingford.