Treat this as historical market context until the listing data refreshes.
1507 Madrona Dr
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
$716/sqft vs a nearby median of $577/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
Asking price is about 18.6% above where comps + adjustments land — there is room to negotiate.
- Pre-war character+$29k +2.5%
- Sparse street life−$17k −1.5%
Property Read
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 history is still limited; review again as more market activity becomes available.
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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