Magnolia Homes under $500,000

Welcome to Magnolia, a hidden gem nestled in the heart of Seattle, Washington. Known for its stunning views of the Puget Sound and the iconic Seattle skyline, Magnolia offers a unique blend of urban convenience and natural beauty. This charming neighborhood is surrounded by lush parks, including Discovery Park, which boasts miles of walking trails, beaches, and breathtaking vistas.

Magnolia is perfect for those seeking a vibrant community atmosphere while still enjoying the tranquility of nature. With its close-knit feel, residents often gather at local cafes, farmer’s markets, and community events, fostering a sense of belonging that is hard to find elsewhere.

For homebuyers looking to invest in this desirable area, Magnolia presents an exciting opportunity with a selection of homes priced under $500,000. While the Seattle housing market can be competitive, Magnolia offers a variety of options that cater to diverse needs and lifestyles. From cozy townhomes to charming bungalows, there’s something for everyone. These homes not only provide comfort but also allow residents to enjoy the neighborhood’s rich amenities, including top-rated schools, local shops, and easy access to public transportation.

Whether you’re a first-time buyer, a growing family, or looking to downsize, Magnolia is an inviting choice that combines affordability with the quintessential Seattle experience. Explore the possibilities of making Magnolia your new home, where you can enjoy both the beauty of nature and the vibrancy of city life, all without breaking the bank. Your dream home awaits in this enchanting neighborhood!

Newest Magnolia Homes under $500,000

$399,800

2 Beds ⋅ 1 Baths ⋅ 2599218 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

2510 W Bertona Street Unit #431, Seattle

$430,000

2 Beds ⋅ 2 Baths ⋅ 2596762 MLS ⋅ ACTIVE Status

Welcome to Magnolia Ridge! This spacious top-floor condo offers vaulted ceilings, engineered hardwood floors, natural light, and a comfortable layout with room to spread out. The inviting living area features a wood-burning fireplace, while the generous dining space is perfect for entertaining. Step outside to your private deck overlooking greenery, offering a peaceful retreat from the city. Enjoy covered parking, additional storage, an outdoor pool, and clubhouse amenities. Conveniently located near Magnolia Village, Discovery Park, Ballard, and downtown Seattle, this home offers a wonderful combination of space, comfort, and location. Covered parking space with easy access to complex and unit.

2510 W Bertona Street Unit #431, Seattle

Listing Broker: Portico Real Estate; David K Marks; 206-550-3283; david@porticonw.com

$469,000

2 Beds ⋅ 2 Baths ⋅ 2595536 MLS ⋅ ACTIVE Status

Two bed, two bath condo in an unbeatable location! Enjoy the convenience of being within a short walking distance to The Magnolia Village, schools, restaurants, shopping, coffee shops, and everyday amenities, with a park located directly across the street for added outdoor enjoyment and green space. Inside, the home features a thoughtfully updated kitchen with modern finishes, ample cabinetry, and great flow into the dining and living areas, making it ideal for both everyday living and entertaining. A private west-facing walkout patio offers the perfect place to relax and enjoy plenty of afternoon sunlight. The primary suite includes its own private bath, while the second bedroom and full bath offer flexibility for guests, a home office, or additional living space. large windows bring in natural light throughout, creating a warm and inviting atmosphere. The functional floor plan offers comfortable living with plenty of storage and easy maintenance. Included parking adds convenience and value in this highly desirable building. if you're looking for a low maintenance home, and the perfect blend of comfort and walkability, this condo offers exceptional lifestyle and location.

2858 32nd Avenue W Unit #106, Seattle

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

$424,000

2 Beds ⋅ 2 Baths ⋅ 2593199 MLS ⋅ ACTIVE Status

$10,000 SELLER CREDIT + 1% PREFERRED LENDER CREDIT! Incredible views at a price that's hard to beat! Thoughtfully updated and filled with natural light, this 2-bedroom, 1.75-bath condo in Magnolia's boutique 9-unit Nor'easter offers comfort, style, and convenience. An open-concept layout connects the kitchen, dining, and living areas, with large windows showcasing stunning views of Salmon Bay, the Ballard Bridge, and Fishermen's Terminal. Enjoy a private balcony, spacious primary suite, cozy fireplace, full-size in-unit laundry, and dedicated parking. Recent updates include fresh paint, new carpet, modern lighting, and a refreshed primary bath. The well-maintained building offers low HOA dues and no current special assessments. Minutes from Magnolia Village, Discovery Park, and waterfront trails. Exceptional views, thoughtful updates, and valuable buyer incentives—don't miss this Magnolia opportunity!

3700 W 25th Place Unit #201, Seattle

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

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

$450,000

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

$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

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Magnolia Homes under $500,000

Newest Magnolia Homes under $500,000

How much is your home worth?

How much is your home worth?