Portage Bay Real Estate

Welcome to Portage Bay, a charming waterfront neighborhood nestled in the heart of Seattle, Washington. This idyllic community is located in King County, offering residents a perfect blend of urban convenience and serene waterfront living.

Portage Bay is a sought-after destination for those looking to enjoy the beauty of the Pacific Northwest while still being close to all the amenities that Seattle has to offer. The neighborhood is known for its picturesque views of the bay and the surrounding natural landscapes, making it a haven for outdoor enthusiasts and nature lovers.

With its proximity to the University of Washington and downtown Seattle, Portage Bay provides easy access to a wide range of dining, shopping, and entertainment options. Residents can enjoy leisurely strolls along the waterfront, explore the local parks and green spaces, or take advantage of the vibrant cultural scene that Seattle is famous for.

Real estate in Portage Bay offers a mix of architectural styles, from cozy waterfront cottages to modern luxury homes, ensuring that there is something for everyone in this diverse and welcoming community. Whether you are looking for a peaceful retreat or a vibrant urban lifestyle, Portage Bay has it all.

Come and discover the beauty and charm of Portage Bay – where waterfront living meets city convenience in perfect harmony.

Newest Listings in Portage Bay

$1,400,000

4 Beds ⋅ 2 Baths ⋅ 2589394 MLS ⋅ ACTIVE Status

As quintessentially Seattle as it gets! Perched up above the street to maximize privacy, this Portage Bay gem keeps its 1920's charm intact while being modernized smoothly for 21st century living. Full of personality from period details like built-ins, hardwood floors, a built-in bar area & other craftsman details you love, accentuated by extensive, thoughtfully done updates both inside & out. A 2024 full remodel of the kitchen transformed the space into something out of a magazine, equipped w/ professional-grade appliances from Fisher & Paykel, quartz counters, custom hand-blown pendant lights from Seattle Glassblowing Studio, & handmade lavastone tile backsplash. Flexible & accommodating layout w/ 2 beds & a full bath on both the main & the upper level, while a blank slate, full-height basement offers extra room for storage, hobbies, or your creative ideas. Other great updates you might not see: a full electrical rewire (bye-bye, knob & tube!), new gutters w/ guards, heated floors in the kitchen & main hallway, a French drain & sump pump added to the basement, newer water heater, & an EV-ready garage. Outside, a fenced yard plays host to a delightful patio, apple & pear trees, & a custom shed. Nestled in one of the city's most tight-knit communities w/ great eats, coffee, parks & more within blocks. Stroll across the bridge to UW, Agua Verde, Saint Bread or Gasworks for the ideal Seattle day. Just turn the key & enjoy!

3117 Broadway E, Seattle

Listing Broker: RE/MAX Northwest; Sarah Odegaard; 206-478-1560; sarahodegaardfox@gmail.com

$950,000

3 Beds ⋅ 3 Baths ⋅ 2594672 MLS ⋅ ACTIVE Status

Beautifully built townhouse in fantastic Portage Bay location, near UW with easy downtown and freeway access. Live large in this one owner home with 3 garage spots. Glide into your large 2 car attached garage and store your gear in the street level 3rd garage...bikes, boats, boards...you live near the lake here, take full advantage of this unparalleled convenience. Private end unit with a large view deck that sits above the street with hot tub that can stay, or can be removed, if you prefer the space for gardening or just daydreaming. A gas fireplace, AC, a well-laid-out kitchen and a roomy top floor owner's suite mean this townhouse lives like a house. Near the Burke Gilman trail, Gas Works Park, South Lake Union, Fremont, Capitol Hill and 520 for quick eastside access.

3128 Franklin Avenue E Unit #B, Seattle

Listing Broker: Redfin; Karen S Jones; 206-473-2540; karen.jones@redfin.com

3121 Franklin Avenue E Unit #23, Seattle

$339,900

1 Beds ⋅ 1 Baths ⋅ 2588772 MLS ⋅ ACTIVE Status

Prepare to be swooned! Welcome to the Ives - a boutique vintage building steps from the best of Eastlake and Portage Bay. Irreplaceable period details make each day in this sunny corner residence feel special, from original leaded-glass windows, multiple built-ins & nooks, and hardwood floors rich with patina. Ultra-rare and super coveted private 1 car garage with electricity is one of only 3 available in the building, and is individually titled. Remodeled kitchen and bathroom bring modern day creature comforts and amenities alongside the classic charm. Epicenter location provides seamless access to multiple commuter routes & excellent proximity to UW and South Lake Union. Secure lobby entry, full-size storage unit, community laundry room, bike storage and pet friendly.

3121 Franklin Avenue E Unit #23, Seattle

Listing Broker: John L. Scott, Inc; Nick Gerisilo; 206-372-0218; info@HappyHomeTeam.com

$275,000

1 Baths ⋅ 2586791 MLS ⋅ ACTIVE Status

Welcome to The Ives, a 1928 Seattle classic at the crossroads of Eastlake & Portage Bay. This spacious corner studio is bright and utterly charming with an abundance of period details; coved ceilings, built-ins, hardwood floors and leaded glass French doors concealing a space saving Murphy bed. A walk in closet large enough to double as home office space, an inviting living room, separate dining area and a remodeled kitchen. A canvas of greenery beyond large windows for peace and privacy in a pet friendly building with a secured storage space, shared laundry and bike room. Stellar location allowing for easy access to neighborhood cafes, Lake Union’s waterfront as well as UW, Capitol Hill, South Lake Union and Downtown. Quintessential Seattle city living!

3121 Franklin Avenue E Unit #2, Seattle

Listing Broker: Lake & Company; Demetra Apostolou; 206-909-3482; demetra@lakere.com

$2,750,000

2568199 MLS ⋅ ACTIVE Status

The Portage Bay Plaza located at 3261 Fuhrman Ave E, presents a rare opportunity to invest in the extremely well-located north end of Portage Bay between the Eastlake and Montlake neighborhoods. The property offers large floor plans with a mix of seven 1-bedroom / 1-bath units and two 2-bedroom / 1.5-bath units, plus ample off-street parking. Wood-frame construction with a well-maintained brick exterior gives the building genuine mid-century character, while private decks with views of the Bay set it apart from typical residences in the neighbor-hood. Sitting on a large 9,220 SF parcel zoned LR3 (M), the property also carries long-term redevelopment optionality for townhomes or a larger apartment project. Current ownership has well maintained the property with meaningful recent capital improvements, while a new owner has an attractive opportunity to increase income by bringing on professional management and completing interior renovations. The majority of units feature hardwood or LVP flooring, with recent upgrades including updated cabinetry, quartz countertops, stainless-steel appliances, and mod-ern lighting. This leaves a clear and straightforward path to increasing value: finish the renovation program in the units that have not yet been updated, push parking income toward market, and add in-unit laundry to more units, which ownership has already proven out by converting one unit during their hold.

3261 Fuhrman Avenue E, Seattle

Listing Broker: Westlake Associates, Inc.; Reid Jones; 206-505-9401; reid@westlakeassociates.com

$275,000

1 Baths ⋅ 2560151 MLS ⋅ ACTIVE Status

Vintage corner-unit condo at the historic 1928 Ives building perfectly blends period romance with modern city convenience. A formal entry and dedicated dining area lead into a bright living space featuring gleaming hardwood floors, while leaded glass French doors elegantly frame the room. Large unique iron picture windows frame beautiful maple trees outside and flood the rooms with beautiful natural light from two directions, highlighting original mahogany woodwork, coved ceilings, graceful arches and built-ins. The thoughtfully modernized open kitchen features an island, quartz countertops, stainless steel appliances and a built-in breakfast nook, while the bathroom showcases classic octagon tile floors. Set in a secure, pet-friendly building with shared laundry, bonus secure storage and bike room, this home places you close to Lake Union waterfront recreation, neighborhood cafes, and the Burke-Gilman Trail. With quick access to Interstate 5, Capitol Hill, South Lake Union, UW, and downtown, this home offers an unforgettable mix of historic character and effortless Seattle living.

3121 Franklin Avenue E Unit #1, Seattle

Listing Broker: Redfin; Patrick Beringer; 206-310-4742; patrick.beringer@redfin.com

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Portage Bay Real Estate

Newest Listings in Portage Bay

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