Portage Bay Real Estate

Portage Bay Real Estate

Welcome to Portage Bay, a charming neighborhood nestled in the heart of Seattle, Washington. Located in King County, Portage Bay offers a unique blend of urban living and natural beauty that makes it a sought-after destination for residents and visitors alike.

One of the defining features of Portage Bay is its picturesque waterfront location. Situated on the eastern edge of Lake Union, residents can enjoy stunning views of the water and the city skyline. This proximity to the water also provides ample opportunities for recreational activities such as boating, kayaking, and paddleboarding.

In addition to its natural beauty, Portage Bay boasts a vibrant community atmosphere. The neighborhood is home to a mix of families, professionals, and students from nearby institutions like the University of Washington. This diverse population contributes to the eclectic dining scene and vibrant local businesses that can be found throughout the area.

Portage Bay is also known for its convenient location. With easy access to Interstate 5, residents can quickly reach downtown Seattle and other popular neighborhoods. The University District, Capitol Hill, and South Lake Union are just a short drive away, offering even more dining, shopping, and entertainment options.

Whether you're seeking a peaceful waterfront retreat or a lively urban experience, Portage Bay has something for everyone. Its combination of natural beauty, community spirit, and convenient location make it an ideal place to call home in Seattle.

Newest Listings in Portage Bay

3117 Broadway E, Seattle
$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

4237 University Way NE, Seattle
$200,000
2594295 MLS ⋅ ACTIVE Status
Prime Turnkey Restaurant on University Way! Fantastic opportunity to own a fully equipped, turn-key restaurant in a high-density, heavily trafficked college district. Features low rent, established customer potential, and versatile potential for various food concepts. Ready for a new owner to take over and thrive!

4237 University Way NE, Seattle

Listing Broker: Skyline Properties, Inc.; Jackie Zhang; 206-953-6788; meixijackie@gmail.com

1212 E Shelby Street Unit #5, Seattle
$2,590,000
3 Beds ⋅ 2 Baths ⋅ 2592688 MLS ⋅ ACTIVE Status
End-of-dock with uninterrupted views straight down the Montlake Cut, this rare front-row floating home offers the quintessential Seattle "houseboat" lifestyle. You own the moorage as a member of theco-op dock, complete with your own private boat slip, low-bank bulkhead waterfront, and two expansive decks designed for effortless outdoor entertaining, swimming, and launching your paddleboard. Inside, all-main-floor living features light-filled interiors, soaring vaulted ceilings, and gorgeous hardwood floors, all thoughtfully designed by architect Eric Hogeboom. The clever layout places the primary suite on its own with stunning water vistas and direct deck access, while two additional bedrooms sit on the opposite side of the home with dedicated bath space—all framed by brand-new windows ideal for taking in the summer boat parade or watching winter migratory birds. Freshly painted inside and out, packed with storage including an attic, and wrapped in panoramic views on three sides, this is an extraordinary opportunity to live right on the water.

1212 E Shelby Street Unit #5, Seattle

Listing Broker: Urban Living; Matt Goyer; 206-203-6242; matt@urban-living.com

2524 Boyer Avenue E Unit #446, Seattle
$469,000
2 Beds ⋅ 1 Baths ⋅ 2592215 MLS ⋅ ACTIVE Status
Midcentury charm meets waterfront living with pretty Portage Bay views and serene garden outlooks. Originally built for the 1962 World’s Fair, this beautifully updated unit blends timeless design with modern comfort. The open, light-filled layout showcases fresh paint, warm hardwood floors, expansive windows, and seamless indoor-outdoor flow to a private deck—perfect for morning coffee or sunset dining. The refreshed kitchen features sleek quartz countertops, stylish backsplash, and new appliances, all opening effortlessly to the main living spaces for easy entertaining. A cozy wood-burning fireplace anchors the living room, while two bright bedrooms and an updated bath offer comfortable retreats. Additional highlights include an in-unit washer/dryer, covered parking, and dedicated storage. Enjoy community waterfront amenities with docks for paddleboarding or kayaking, plus storage. Pet-friendly, well-managed, and just minutes to downtown, SLU, UW, as well as I-5 and 520 for easy commuting.

2524 Boyer Avenue E Unit #446, Seattle

Listing Broker: Windermere Real Estate Midtown; Tamara P. Canero; 206-527-5445; tcanero@windermere.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

3121 Franklin Avenue E Unit #2, Seattle
$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

3261 Fuhrman Avenue E, Seattle
$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

3121 Franklin Avenue E Unit #1, Seattle
$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

2818 Boyer Avenue E Unit #8, Seattle
$695,000
2 Beds ⋅ 1 Baths ⋅ 2565181 MLS ⋅ ACTIVE Status
First time on the market in more than 30 years, this floating home in a 51' slip on a co-op dock with dedicated parking space offers a rare opportunity to own a piece of Seattle's iconic waterfront lifestyle on coveted Portage Bay. Affectionately known as *Fleetenhus*, this quintessential Scandinavian-inspired floating cottage captures the simple beauty of life on the water, where every day begins and ends surrounded by the sights and sounds of the bay. The efficiently designed two-bedroom, one-bath home has been refreshed with a new roof, fresh interior & exterior paint, new carpet, and new appliances, creating a welcoming retreat ready to enjoy today while offering the opportunity to personalize over time. What truly sets this home apart is its exceptional relationship to the water. Generous wraparound overwater decks create an expansive outdoor living environment that feels immersed in Portage Bay, offering abundant space for dining, entertaining, relaxing, or simply watching changing light dance across the water. A small boat slip with channel access makes it easy to head out for a paddle or cruise. Ownership includes the cooperative dock slip and dedicated parking space. Rarely does a floating home with this combination of history, character, generous outdoor living, coveted location with room to expand become available. An exceptional opportunity to become part of one of Seattle's most treasured waterfront communities with easy commute options via H2O, 520 or I5!

2818 Boyer Avenue E Unit #8, Seattle

Listing Broker: COMPASS; Sally Keadle; 206-484-7988; sally.keadle@compass.com

2822 Boyer Avenue E Unit #1, Seattle
$1,425,000
2 Beds ⋅ 1 Baths ⋅ 2558153 MLS ⋅ ACTIVE Status
Welcome to The Salty Dog, a nod to the old nautical slang for a best friend, a favorite person, and now, your favorite floating home. Built in 1974 on a concrete float, this Portage Bay retreat is Pacific Northwest to its core. Tongue-and-groove cedar, vaulted ceilings, and picturesque windows frame the water at every turn, bringing a sense of complete serenity indoors. Two beds, one full bath, and a highly functioning 815 square feet packs the punch. Extensive updates include: New roof, windows, and decking. Fresh interior and exterior paint, Bosch dishwasher and Sub-Zero refrigerator. New bathroom vanity, New sewer line, New carpets and re-stained hardwood floors, Air conditioning, New gangway, Level Lock smart entry. Tie up your boat, toss a ball for the dog in the lake, fire up the grill, and let the day slow down. This location is a major bonus. Tucked between I-5 and SR 520, Portage Bay offers an easy commute south to downtown Seattle or east to Bellevue and Kirkland. A dedicated parking space and moorage for your boat mean you can arrive, settle in, and stay awhile.

2822 Boyer Avenue E Unit #1, Seattle

Listing Broker: Windermere Real Estate Midtown; Molly A Cartwright; 206-841-6800; molly@windermere.com

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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.
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