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2040 Westlake Avenue N #14, Seattle, WA, 98109

1beds
1baths
300sqft
$199,000
$663price/sqft
$1,312/moest. monthly cost
$52,480/yrincome needed

About This Home

Rare Lake Union Floating Home | Fully Refit in 2023 | Unique Waterfront Lifestyle Experience a rare opportunity to own a floating home on Seattle’s iconic Lake Union — where everyday living feels like a retreat. This houseboat underwent a comprehensive out-of-water refit in 2023, including hull servicing and thoughtful updates, offering improved condition and added peace of mind for the next owner. Wake up to gentle water views, enjoy the natural light reflecting off the lake, and unwind in the evening with the city skyline just minutes away. Located close to downtown Seattle, the home offers convenient access to restaurants, cafes, and major employment hubs while maintaining a sense of privacy and calm on the water. Ideal for personal use, a weekend escape, or long-term ownership as a distinctive lifestyle asset. The moorage environment is quiet and secure, providing a unique balance between urban living and waterfront serenity. Floating homes in this location are rarely available, making this a compelling opportunity for buyers seeking something truly special in Seattle. Buyer to verify moorage details, use, and applicable regulations. Private showings by appointment only. FOWR 715.

Getting Around

71
WalkingVery Walkable
65
TransitGood Transit
97
BikeBiker's Paradise

Schools

9/10
8/10
McClure Middle SchoolGrades 6-80.9 mi
8/10
The Center SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1968

Materials

  • Foundation: See Remarks
  • Roof: Flat
  • Construction materials: See Remarks

Notable Dates

  • Major remodel year: 1968

Type & Style

  • Home type: SingleFamily
  • Architectural style: Floating Home/On-Water Res
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Cabinet by entrance

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Bath Off Primary
  • Flooring: Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Electric,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Wall Furnace,Electric,Propane
  • Cooling features: None

Interior Area

  • Total structure area: 300
  • Total interior livable area: 300 sqft

Kitchen With Eating Space

  • Level: Main

Property

Details

  • Parcel number: 420038171740
  • On leased land: Yes
  • Zoning: FOWR
  • Zoning description: Jurisdiction: City
  • Special condition: See Remarks

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Bath Off Primary,Fireplace,Water Heater
  • Has view: Yes
  • View description: Canal,City,Lake,Territorial
  • Has water view: Yes
  • Water view: Canal,Lake
  • On waterfront: Yes
  • Waterfront features: Lake,No Bank
  • Frontage length: Waterfront Ft: 15
  • Topography of land: Level

Lot

  • Lot size: 601.13 sqft
  • Features: Curbs,Boat House,Deck,Dock,Fenced-Partially,Gated Entry,Moorage,Patio,Propane,Rooftop Deck
  • Lot size dimensions: 40 x 15

Parking

  • Parking features: Off Street

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

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 $1,006$12,072
Home Insurance *$31$372
Property Taxes $126$1,512
Electricity $149$1,793
Total$1,312$15,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,982/yr
40% on housing$39,360/yr
45% on housing$34,986/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

$663This listing

vs Other Active Listings

Avg $/sqft

ZIP 98109$391
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98109$641
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
2026-04-27Price change$199,000
2026-04-14Listed for sale$219,000

For Sale by Agent

AgentIvy Lee
BrokerageWeLakeside

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