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1802 38th Avenue, Seattle, WA, 98122

2beds
3baths
1,182sqft
$869,000
$735price/sqft
$5,236/moest. monthly cost
$209,440/yrincome needed

About This Home

Madrona Townhome // Impeccably maintained and better than new, this exceptional 2023 townhome is nestled within one of Madrona's most desirable enclaves. Offering the rare feel of a true single-family home community with the convenience of townhome living, the location places you just moments from Lake Washington, neighborhood parks and trails, the duck pond, acclaimed local markets, boutique wine bars, neighborhood favorites, and Epiphany Parish School. Thoughtfully designed and filled with natural light, the home features open-concept living and dining spaces anchored by an eat-in kitchen on the main level, a private en-suite primary retreat above, and a flexible entry-level bedroom ideal for guests, a home office, or fitness space. Better-than-new amenities include a private rooftop deck, motorized smart blinds, heated bathroom floors, mini-split heating and cooling on the main and upper levels, and forced-air heat on the entry level. Superior insulation and quality construction create exceptional comfort and efficiency, while a dedicated parking space with EV charging capability provides everyday convenience. Just minutes from downtown Seattle, I-5, and I-90, this rare offering combines sophisticated design, modern functionality, and an exceptional Madrona lifestyle. Move-in ready and meticulously cared for, it presents a compelling opportunity for both owner-occupants and investors seeking quality, location, and lasting value.

Getting Around

60
WalkingSomewhat Walkable
48
TransitSome Transit
67
BikeBikeable

Schools

4/10
5/10
8/10
Garfield High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 2023

Materials

  • Foundation: Poured Concrete
  • Roof: Composition,Flat,See Remarks
  • Construction materials: Cement Planked,Cement Plank

Notable Dates

  • Major remodel year: 2023

Other

  • Builder name: Alchemy Design Build

Type & Style

  • Home type: Townhouse
  • Architectural style: Contemporary,Townhouse
  • Property subType: Townhouse,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Gas,Water Heater Location: Entry Level

Basement

  • Basement: None

Bathroom Full

  • Level: Second

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Entry Hall

  • Level: Lower

Features

  • Bath Off Primary,Pantry
  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,Engineered Hardwood
  • Fireplace features: Gas

Heating & Cooling

  • Heating features: Ductless,High Efficiency (Unspecified),Radiant,Wall Furnace,Electric,Natural Gas
  • Cooling features: Ductless,Insert

Interior Area

  • Total structure area: 1,182
  • Total interior livable area: 1,182 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Second

Utility Room

  • Level: Lower

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 769808002000
  • Zoning: NR3
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Entry location: Lower
  • Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,Pantry,Walk-In Closet(s),Water Heater
  • Has view: Yes
  • View description: Lake,Mountain(s),Territorial
  • Has water view: Yes
  • Water view: Lake
  • Topography of land: Level
  • Residential vegetation: Garden Space

Lot

  • Lot size: 1 sqft
  • Features: Curbs,Paved,Sidewalk,Cable TV,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Patio,Rooftop Deck

Parking

  • Total spaces: 1
  • Parking features: Driveway,Off Street
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,394$52,728
Home Insurance *$143$1,716
Property Taxes $550$6,600
Electricity $149$1,793
Total$5,236$62,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$179,520/yr
40% on housing$157,080/yr
45% on housing$139,626/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$735This listing

vs Other Active Listings

Avg $/sqft

ZIP 98122$377
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98122$557
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$869,000
2026-06-25Listing removed$915,000
2026-05-15Listed for sale$915,000
2023-06-07Sold$868,850
2023-05-22Pending sale$868,850
2023-05-19Listed for sale$868,850

For Sale by Agent

AgentJay H Kipp
BrokerageRealogics Sotheby's Int'l Rlty

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