South Lake Union Homes with FHA Terms

South Lake Union Homes with FHA Terms

Welcome to South Lake Union, one of Seattle’s most vibrant and rapidly evolving neighborhoods! Nestled just north of downtown, South Lake Union is renowned for its dynamic blend of urban living, scenic waterfront views, and a thriving tech scene. Home to major companies like Amazon, this area has transformed into a hub of innovation, attracting professionals and families alike.

Stroll along the picturesque Lake Union, where you can enjoy kayaking, paddleboarding, or simply soaking in the stunning views of the Seattle skyline. The neighborhood is also rich in culture, featuring an array of museums, art galleries, and theaters, making it a perfect destination for art enthusiasts. With a plethora of restaurants, cafes, and breweries, there’s always a new culinary delight waiting to be discovered.

For those considering a new home in South Lake Union, you’ll be pleased to know that many properties are available with FHA financing terms. This option is ideal for first-time buyers or those looking to invest in this burgeoning area, as it allows for lower down payments and more accessible financing. Whether you’re eyeing a modern condo with panoramic views or a charming townhouse nestled in a quiet street, South Lake Union offers a variety of housing options to suit every lifestyle.

Experience the perfect blend of city life and natural beauty in South Lake Union. With its thriving community, diverse amenities, and convenient location, this neighborhood is not just a place to live, but a place to thrive!

Newest South Lake Union Homes with FHA Terms

$350,000
1 Beds ⋅ 2 Baths ⋅ 2572971 MLS ⋅ ACTIVE Status
Wake up to vibrant city views in this bright east-facing Marselle residence, where floor-to-ceiling windows fill the home with natural light. Quietly positioned on the 5th floor, this well-designed layout lives larger than expected with a spacious primary suite, oversized den ideal for office or guests, and an additional 3/4 bath. Features include walnut hardwood floors, slab granite island, stainless appliances, in-unit laundry, and a private balcony. Vent to hook up portable A/C unit. Includes secure parking and storage. Ideally located near Seattle Center and Climate Pledge Arena, with easy access to South Lake Union. Enjoy iconic Space Needle and MoPOP views from the rooftop decks, including New Year’s fireworks. Pet-friendly and professionally managed with premium amenities including a fitness center, yoga studio, resident lounge, and three rooftop decks with BBQs and sweeping Space Needle views. FHA & VA approved. No rental cap or special assessments!

699 John Street Unit #516, Seattle

Listing courtesy of RexMont Real Estate.

$299,000
1 Beds ⋅ 1 Baths ⋅ 2569701 MLS ⋅ ACTIVE Status
In the heart of Westlake, steps from South Lake Union and Lake Union Park, the Alterra Condominium offers this bright corner 1 bedroom, 1 full bath residence. Oversized windows and 9' ceilings fill the space with natural light. Fresh paint, newer carpet and stainless steel appliances throughout make this home turnkey and move in ready. The open layout offers whole house radiant heat and two private decks, ideal for entertaining. The spacious bedroom includes a large walk in closet and the bathroom offers ample cabinet space. In unit washer and dryer, secured entry and garage parking add everyday convenience. Building amenities include a rooftop deck with sweeping views, a fitness room and a clubhouse. Walking distance to major employers including Google, Amazon and Facebook, along with Lower Queen Anne, restaurants and public transit. HOA dues cover water, sewer, garbage, gas, earthquake insurance and internet. And NO rental cap!

1000 Aurora Avenue N Unit #311, Seattle

Listing courtesy of COMPASS.

$385,000
1 Beds ⋅ 1 Baths ⋅ 2536157 MLS ⋅ ACTIVE Status
Prime downtown Seattle location! Bright and spacious 1-bedroom, 1-bath corner unit with abundant windows that fill the home with natural light. The open-concept living area offers a unique, airy feel, while the kitchen features slab granite countertops, an undermount sink, and ample cabinetry. The oversized laundry room provides extra storage space, and a convenient coat closet welcomes you at the entry. Located within walking distance of Seattle Center and just minutes from shopping, dining, entertainment, and major employers including Amazon, Meta, and Google campuses. HOA dues include access to a fitness center, yoga room, and a community lounge with a full kitchen and pool table. The rooftop deck features BBQ grills, seating areas, and garden beds for growing your own vegetables while enjoying spectacular views of the Space Needle. Pet-friendly building with no rental cap, making it ideal for both homeowners and investors. The seller purchased this home for $535,000 and has priced it aggressively solely to downsize, creating an outstanding opportunity to own an exceptional downtown property at an incredible value.

699 John Street Unit #502, Seattle

Listing courtesy of Skyline Properties, Inc..

$534,000
2 Beds ⋅ 3 Baths ⋅ 2465528 MLS ⋅ ACTIVE Status
Incredible value in South Lake Union- now priced below taxed assessed value! Stunning two story townhouse style unit at Nautica condominium in South Lake Union. Extra large 2bd home underwent extensive remodel in 2023. Main living floor features open spaces, private balcony with peek-a-boo view of Lake Union. Updated kitchen with stainless steel appliances and eating space, quartz countertops and LVP flooring throughout. Gas fireplace and range. Upper level features two large, fully renovated bathrooms. Primary bedroom boasts spacious walk in closet with sunroom/storage space. Rooftop deck with city and lake views. Two dedicated garage parking spaces, two spacious storage units. Updated building with strong HOA. Walking distance to Amazon HQ, Google and Meta.

1425 Dexter Avenue N Unit #611, Seattle

Listing courtesy of Windermere RE/Capitol Hill,Inc.

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