RealtyLens
for saleRealtyLens property overview
$1,439,000

1507 Madrona Dr

Seattle, WA, 98122
View more Seattle, WA property pages
4Beds
2.25Baths
2,010Sqft
$716$/sqft

Listing Notes

Meticulously restored Arts & Crafts bungalow offers historic character and serene outdoor spaces in prime lakeside location. Classic storybook architectural details include sweeping roofline, box beam ceilings, extensive millwork, leaded glass accents, and old growth fir. Thoughtfully updated chef's kitchen and luxurious bath finished with Waterworks, Ann Sacks, and Cedar & Moss. Amazing outdoor spaces include a rocking chair porch, a covered balcony with views, and a beautifully landscaped backyard framing Mt Rainier. A walker's paradise just steps from Madrona Beach and Woods, a short trip via Madrona's iconic staircases to the notable shops & restaurants on 34th, and an easy jaunt to the marina district and the legendary Leschi Market. Visit 1507Madrona online for more.

Market Insights

Above nearby median+24%

$716/sqft vs a nearby median of $577/sqft.

Nearby median$577/sqft
Nearby properties7
Property size2,010 sqft
  • +24% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,010 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.17M$1.10M$1.25M · 77% confidence
vs ask $1.44M+$267k (+18.6%)

Asking price is about 18.6% above where comps + adjustments land — there is room to negotiate.

$577/sqft median across 7 tight comps × 2,010 sqft= $1.16M
  • Pre-war character+$29k +2.5%
  • Sparse street life−$17k −1.5%
Cumulative NYC adjustments+$12k+1.0%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position+24% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
22 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$1,439,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.