Eastlake Homes under $500,000

Eastlake Homes under $500,000

**Discover the Charm of Eastlake, Seattle**

Nestled along the picturesque shores of Lake Union, Eastlake is a vibrant neighborhood that perfectly blends urban convenience with serene waterfront living. Known for its stunning views, lush greenery, and a strong sense of community, Eastlake is one of Seattle's hidden gems. With its eclectic mix of historic homes, modern condos, and charming bungalows, this area has something to offer for everyone, especially for those seeking homes under $500,000.

As you stroll through the tree-lined streets, you'll find a delightful array of cafes, restaurants, and local shops that contribute to the neighborhood's unique character. The Eastlake community is particularly known for its friendly atmosphere, making it an ideal place for families, young professionals, and retirees alike. The proximity to downtown Seattle means that residents can enjoy the bustling city life while retreating to the tranquil embrace of Eastlake at the end of the day.

For homebuyers on a budget, Eastlake presents an exciting opportunity. With a variety of homes available for under $500,000, you can find charming properties that fit your lifestyle without breaking the bank. Whether you’re looking for a cozy apartment with a view of the lake or a quaint house with a garden, Eastlake offers affordable options that do not compromise on quality or location.

Embrace the Eastlake lifestyle where community, convenience, and natural beauty converge. With its affordable housing options and a welcoming spirit, Eastlake is not just a place to live; it's a place to call home. Come explore what makes this neighborhood so special!

Newest Eastlake Homes under $500,000

2727 Franklin Avenue E Unit #202, Seattle
$299,950
1 Beds ⋅ 1 Baths ⋅ 2595982 MLS ⋅ FIRST LOOK Status
City living with a cozy Eastlake vibe and skyline views to top it off! This inviting Seattle condo features an open floor plan and large windows that fill the space with natural light. Step onto your private balcony for fresh air and a peekaboo view, or head to the rooftop deck to enjoy views of the Seattle skyline, Space Needle, and Gas Works Park. Secure covered parking adds convenience, while nearby shopping, dining, and public transit make getting around a breeze. Just 2 miles from UW Montlake Hospital, this location offers easy access to major destinations. With no rental cap, this condo is a great opportunity for homeowners and investors alike. Ready to make your move? Bring your offer and come see all this Eastlake gem has to offer!

2727 Franklin Avenue E Unit #202, Seattle

Listing Broker: Real Broker LLC; Joshua Lopez; 206-596-5429; Joshua@TheBilingualAgent.com

2915 Franklin Avenue E Unit #A, Seattle
$455,000
1 Beds ⋅ 1 Baths ⋅ 2585814 MLS ⋅ ACTIVE Status
Some homes are built. L'Amourita was composed. Since 1909, this Seattle Historic Landmark has watched the light change over Lake Union, and it still wears its history beautifully: arched doorways, original millwork, inlaid oak floors, coved 9-foot ceilings, and an Art Deco tile fireplace that steals the room. The kitchen is a quiet conversation between old and new, with quartz counters and stainless appliances set among timeless built-ins. The main floor includes a beautiful living and dining room- flooded with natural light, a private bedroom, office space, and full bath. Below, a flexible lower level for a study, studio, guest room, or reading nook, plus a generous walk-in closet with room to dream, even a second bath? Storage is available, and the garden patio, European in spirit, is made for slow mornings and long evenings. Cat friendly, with dues that include property taxes and pre-inspected, L'Amourita makes historic living refreshingly easy. Freshly painted and conveniently located in Eastlake's vibrant neighborhood, this is a perfect place to call home.

2915 Franklin Avenue E Unit #A, Seattle

Listing Broker: Windermere RE Magnolia; Jennifer Sandmeyer; 206-459-6816; jennisandmeyer@windermere.com

2717 Franklin Avenue E Unit #102, Seattle
$425,000
1 Beds ⋅ 1 Baths ⋅ 2583924 MLS ⋅ ACTIVE Status
Discover the perfect blend of classic architectural touches, comfort, and convenience at your new Eastlake home or turnkey investment property! This inviting condo boasts gorgeous hardwood floors, new paint, cozy living area w/ fireplace, and views of the private garden space. You'll fall in love with the classic details; from the arched doorways, classic doors, and more. The modern kitchen has plenty of storage, and opens smoothly into your dining space. In-unit combination washer & dryer makes laundry a breeze. Well-run HOA w/ no special assessments. Walk (84 score), bike (79 score), or drive easily to Downtown, Lake Union, CapHill, Wallingford, Fremont, & more! Ask us about the $5,000 preferred lender credit for interest rate buydown!

2717 Franklin Avenue E Unit #102, Seattle

Listing Broker: Real Broker LLC; Daniel Dovinh; 206-310-3362; daniel@dovinhgroup.com

2634 Franklin Avenue E Unit #202, Seattle
$360,000
1 Beds ⋅ 1 Baths ⋅ 2573216 MLS ⋅ ACTIVE Status
Charming, light-filled 1-bed/1-bath corner condo in the heart of Eastlake with peek-a-boo views of Lake Union! Located in the historic Mara Bella, this inviting 583 sq. ft. home blends timeless 1920s character with thoughtful modern updates. Beautiful oak hardwood floors, coved ceilings and original millwork add warmth and personality, while large west-facing windows fill the home with natural light and offer glimpses of Lake Union. The updated kitchen features quartz countertops, stainless steel appliances, dishwasher and a cozy breakfast nook. Spacious bedroom, charming full bath with subway and hexagon tile, generous closet space and convenient in-unit washer/dryer complete the home. Separate storage provides additional space. NO RENTAL CAP and NO SPECIAL ASSESSMENTS offer added flexibility and peace of mind. Enjoy an incredible Eastlake lifestyle just blocks from the waterfront, neighborhood parks, restaurants, coffee shops and everyday conveniences. Leave the car behind and explore the neighborhood or take advantage of nearby transit and easy access to SLU, Downtown Seattle, UW and I-5. Whether you're looking for a charming place to call home or a flexible investment opportunity, this is a special opportunity to own a piece of classic Seattle in one of the city's most convenient neighborhoods!

2634 Franklin Avenue E Unit #202, Seattle

Listing Broker: Pointe3 Real Estate; Brenden DuBois; 206-940-8230; brenden@pointe3.com

10 E Allison Street, Seattle
$298,000
1 Beds ⋅ 1 Baths ⋅ 2563195 MLS ⋅ ACTIVE Status
Nestled in the sought-after Eastlake community, this charming houseboat is the perfect blend of comfort and lifestyle. Updated and designed with a functional layout, “Little Happiness” features a cozy living room, inviting kitchen with dining area, one bedroom, a spacious sleeping loft, and a ¾ bath. The hull measures approximately 45’ x 15’, and is built on steel pontoons, providing a comfortable and efficient living space to enjoy life on Lake Union. The showstopping rooftop deck is your private escape with panoramic views and unforgettable Seattle sunsets. Imagine starting your morning with coffee living on the lake! Spend mornings, afternoons and weekends with nearby amenities; pop over to FRAM to sip and enjoy the surroundings, enjoy paddle boarding, relax at Wild Haus Sauna, explore the parks, pea patch and all the vibrant neighborhood amenities that make Eastlake so desirable. A rare opportunity to embrace a more inspired way of living — “Little Happiness” is a hip, unique alternative to traditional condo living. Whether you’re seeking a full-time residence, a weekend retreat, or a one-of-a-kind Seattle experience, this beautifully updated houseboat offers houseboat living with personality, charm, and endless possibilities. See to believe!

10 E Allison Street, Seattle

Listing Broker: Coldwell Banker Bain; Cindy M. Peschel-Hull; 206-930-3526; cindy.peschelhull@cbrealty.com

3217 Eastlake Avenue E Unit #302, Seattle
$425,000
2 Beds ⋅ 1 Baths ⋅ 2499359 MLS ⋅ ACTIVE Status
SELLER willing to look at contributing to buyer 2/1 buy down of interest Rate. Centrally Located in the Global hub of Computer Technology, Biotech and Life Science. UW, Hospitals, Seattle CBD and Capitol Hill. Fresh water ways of Lake Washington and South Lake Union connecting to salt waters of Puget Sound Through the Hiram Chittenden locks, The PNW version of the Panama Canal. This pet friendly Condominium community and this unit offer an open floor plan with well thought out space. Kitchen with barstool dining, Dining area can accommodate 8 easily. Full size washer/dryer, Main bedroom with 2nd bedroom off entrance. Bath with tub, Secure garage parking with storage locker, bicycle racks This unit has perfect Feng Shui and vibrancy.

3217 Eastlake Avenue E Unit #302, Seattle

Listing Broker: Skyline Properties, Inc.; Sonny Kwan; 206-819-8228; sonnykwan@sonnykwan.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!