98116 Homes under $500,000

98116 Homes under $500,000

Welcome to the vibrant community of Seattle's 98116 zip code, a hidden gem nestled in King County, Washington. This picturesque area, which includes the charming neighborhoods of West Seattle, is known for its stunning views of the Puget Sound and the iconic Seattle skyline. With its lush parks, eclectic dining options, and friendly atmosphere, 98116 offers a perfect blend of urban convenience and natural beauty.

For homebuyers seeking affordability in this desirable location, you’ll be delighted to discover that there are homes available for under $500,000. This is a rarity in many parts of Seattle, making the 98116 zip code an attractive option for first-time buyers, young professionals, and families looking to plant their roots in a thriving community.

The real estate market here features a variety of options, from cozy bungalows and charming townhouses to updated condos, ensuring that there’s something for everyone. Many of these homes are just a short stroll away from the waterfront, local parks, and vibrant shops, making it easy to embrace the outdoor lifestyle that Seattle is known for.

In addition to its beautiful homes, the 98116 area boasts excellent schools, community events, and a welcoming atmosphere that fosters a strong sense of belonging. Whether you’re enjoying a weekend at Alki Beach or savoring a cup of coffee at a local café, life in this neighborhood is both fulfilling and enjoyable. Explore the possibilities in 98116, where your dream home awaits!

Newest 98116 Homes under $500,000

4118 SW College Street Unit #404, Seattle
$500,000
2 Beds ⋅ 2 Baths ⋅ 2596978 MLS ⋅ ACTIVE Status
Welcome to the best of North Admiral living! Tucked away on a quiet street, yet just steps from everything you love about this vibrant and highly desirable neighborhood. This light-filled, top-floor condo offers the perfect blend of comfort and convenience. Enjoy partial views of downtown Seattle from the living room, 2nd bedroom and private deck. An open living and dining area with a cozy wood-burning fireplace, and a spacious balcony that is perfect for morning coffee or evening relaxation. The kitchen features granite countertops and stainless appliances, while the larger primary suite offers a walk-in closet and ensuite 3/4 bath. Hard-surface flooring throughout means no carpet! Step outside and discover Metropolitan Market just a block away, the West Seattle Library across the street, and neighborhood favorites like Pizzeria 22, Mioposto, Circa, West Seattle Grounds, Current Coffee the Nook and Admiral Theater just a short stroll from home. This beautifully maintained, elevator-served building offers secure parking, dedicated storage, and the peace of mind that comes with major building improvements already completed and a smartly managed HOA. Alki Beach, the West Seattle Farmers Market, Water Taxi, transit, and the Junctions are all within easy reach. This is West Seattle living at its best, this is College Park West.

4118 SW College Street Unit #404, Seattle

Listing Broker: COMPASS; Emily Austin; 206-422-1398; emily.austin@compass.com

4831 Fauntleroy Way SW Unit #305, Seattle
$250,000
1 Beds ⋅ 1 Baths ⋅ 2592879 MLS ⋅ ACTIVE Status
Location, lifestyle, and effortless West Seattle living! Light-filled and beautifully refreshed, this inviting condo pairs a warm, modern feel with an unbeatable Alaska Junction location. Rich hardwood floors, a cozy fireplace, and an open, easy-flowing layout create a welcoming space for relaxing, dining, and working from home. The well-appointed kitchen features granite countertops, wood cabinetry, and a breakfast bar perfect for casual meals or entertaining. A spacious bedroom offers a peaceful retreat, while the private balcony invites morning coffee or evening unwinding amid treetop and neighborhood views. Enjoy the added convenience of covered parking, free shared laundry, a rooftop deck, and a well-managed HOA. All this just steps from the Junction’s vibrant mix of cafes, restaurants, shops, Whole Foods, the farmers market, parks, and convenient transit. With easy access to the bridge and beyond, this is West Seattle living at its best—connected, convenient, and effortlessly enjoyable!

4831 Fauntleroy Way SW Unit #305, Seattle

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

4444 44th Avenue SW Unit #B01, Seattle
$399,950
2 Beds ⋅ 2 Baths ⋅ 2592516 MLS ⋅ ACTIVE Status
Welcome to the heart of the West Seattle Junction, where convenience and neighborhood charm come together! This beautifully updated 2-bedroom, 2-bathroom condo offers the best of urban living with a brand-new kitchen and a thoughtfully designed floor plan. Bedrooms are located on opposite sides of the home, providing wonderful privacy and flexibility for guests, roommates, or a home office. Step outside and enjoy everything the Junction has to offer, from fantastic restaurants and cozy coffee shops to local boutiques, grocery stores, and neighborhood favorites—all just moments from your front door. And in a neighborhood where parking is a premium, you'll love having **two dedicated parking spaces** plus a separate storage unit. Whether you're grabbing your morning coffee, meeting friends for dinner, or enjoying a quiet evening at home, this condo makes West Seattle living easy!

4444 44th Avenue SW Unit #B01, Seattle

Listing Broker: Keller Williams Seattle Metro; Penny West; 206-817-6850; penny@pennywestrealestate.com

3435 California Avenue SW Unit #103, Seattle
$398,900
2 Beds ⋅ 1 Baths ⋅ 2585935 MLS ⋅ ACTIVE Status
Turn-key West Seattle living in an unbeatable location between Admiral and Alaska Junction. This beautifully maintained 2BD/1BA condo offers stylish updates, an open-concept layout, and exceptional convenience. The chef-inspired kitchen features newer appliances and spills through into the living room with a cozy gas fireplace and private balcony, perfect for morning coffee. The spacious primary suite includes a full bath, generous closet, and private outdoor retreat. Enjoy in-unit laundry, secure gated entry, elevator access, a secure parking garage with dedicated parking, and additional storage. Located in an intimate 19-unit community, this pet-friendly building has no rental cap, making it ideal for homeowners and investors alike. Just minutes to Alki Beach, Lincoln Park, restaurants, shopping, downtown Seattle, and Sea-Tac Airport. ***** recent special assessment has been paid by current homeowner*****

3435 California Avenue SW Unit #103, Seattle

Listing Broker: Windermere Real Estate/East; Mike Mincy; 206-271-1651; mike.mincy@windermere.com

4116 California Ave SW Unit #308, Seattle
$360,000
1 Beds ⋅ 1 Baths ⋅ 2572087 MLS ⋅ ACTIVE Status
WEST SEATTLE CONDO - $360,000 $10,000 BUYER INCENTIVE! Use the seller credit toward eligible closing cost or an interest - rate buy down, subject to lender approval. Welcome to Dakota, a beautifully refreshed condo in the heart of West Seattle! This bright and inviting home combines modern updates with an open, comfortable layout designed for everyday living and entertaining. New flooring and new carpet create a fresh, polished feel throughout, while abundant natural light highlights the warm finishes and spacious interior. Step out to the private balcony for a quiet outdoor retreat or enjoy the shared rooftop deck featuring sweeping views of the water and Mount Rainier. Secure building access and convenient parking add to the ease of city living. Ideally situated near The Junction, with a variety of restaurants, cafes, shops, parks, and everyday amenities nearby. With its desirable West Seattle location, thoughtful updates, private balcony, and rooftop deck, this condo offers an excellent opportunity to enjoy a stylish and convenient Seattle lifestyle.

4116 California Ave SW Unit #308, Seattle

Listing Broker: Keller Williams Rlty Bellevue; Liliia Serhiichuk; 425-263-1551; lily.serhiichuk@kw.com

2514 57th Avenue SW Unit #203, Seattle
$399,000
1 Beds ⋅ 1 Baths ⋅ 2562897 MLS ⋅ ACTIVE Status
Welcome to 2514 57th Ave SW #203, a light-filled Alki Point condo just steps to Alki Beach, dining, parks, and waterfront strolls. This 1 bed, 1 bath home offers 793 square feet of living space with LVP flooring, an open, spacious feel, and a balcony with peekaboo water views—a great spot to relax at the end of the day. Enjoy no-stairs access with a secured entry lobby and elevator, plus in-unit laundry, stainless appliances, and one designated off-street parking space. A well-run HOA and pet-friendly building round out the package in one of West Seattle’s beachside locations.

2514 57th Avenue SW Unit #203, Seattle

Listing Broker: Redfin; Angela Cramer; 206-201-2879; angela.cramer@redfin.com

4831 Fauntleroy Way SW Unit #103, Seattle
$360,000
2 Beds ⋅ 1 Baths ⋅ 2551476 MLS ⋅ ACTIVE Status
ASK ABOUT OUR SELLER'S INCENTIVE! Welcome to this beautifully updated ground-floor condo in the heart of West Seattle, offering the perfect blend of comfort, style, and everyday convenience. The bright, open layout features hardwood-style floors, abundant natural light, a cozy wood-burning fireplace, and sliding glass doors that open to a private patio—ideal for morning coffee, outdoor dining, entertaining, or unwinding at the end of the day. The modern kitchen features granite countertops, stainless steel appliances, rich wood cabinetry, and ample storage. The spacious primary bedroom offers dual closets, while the second bedroom enjoys direct patio access, making it a flexible space for guests, a home office, or a peaceful retreat. Additional highlights include an in-unit washer and dryer and a private parking space in a secure garage, adding valuable convenience. Residents also enjoy a shared rooftop deck with territorial views—a welcoming spot to gather with friends or relax at sunset. In a prime West Seattle location, just minutes from Alaska Junction, this home puts parks, restaurants, cafés, shopping, groceries, and everyday essentials close at hand. Public transit is just around the corner for an easy downtown commute, and an EV charging station is conveniently located across the street. No rental cap, modern updates, and inviting indoor-outdoor living, this stylish condo is a place to call home—and a smart opportunity for homeowners and investors alike.

4831 Fauntleroy Way SW Unit #103, Seattle

Listing Broker: Coldwell Banker Bain; Jorge Gustavo Elias; 415-650-8269; jorgegustavo.elias@cbrealty.com

2901 S Jackson Street Unit #304, Seattle
$368,000
1 Beds ⋅ 1 Baths ⋅ 2540720 MLS ⋅ ACTIVE Status
Welcome to Unit 304 at The City View — one of the more coveted units in this 29 unit boutique building. 304 offers something rare in condo living: a private 14 x 14 outdoor patio with a raised 6 x 10 garden bed- a genuine extension of your living space. Quiet and sunny by nature, the unit sits on the south side of the building, tucked away from street noise. The kitchen is beautifully appointed with quartz counters, stainless appliances, and tile backsplash. In-unit washer/dryer, a prime secured garage space, and a large dedicated storage unit round out the conveniences that set this home apart. Head up to the rooftop deck and you'll find spectacular city and mountain views with plenty of room to grill, chill, and entertain. Pet friendly. No rental cap. Minutes to Downtown, Leschi's waterfront, Capitol Hill, I-90, dining, and coffee. Easy living. Excellent location.

2901 S Jackson Street Unit #304, Seattle

Listing Broker: Windermere R E Mount Baker; Steven Gorecki; 206-579-8579; StevenGorecki@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.

How much is your home worth?

Get instant property value now!