What’s for Sale in South Lake Union
From wider bus lanes to tech offices spanning city blocks, South Lake Union is growing
By Cassie Gruber January 13, 2016
This article originally appeared in the February 2016 issue of Seattle magazine.
Neighborhood Snapshot
Population: 5,341
Median Household Income: $50,278
Median Home Value: $400,633—9.2 percent less than the Seattle average and 46.8 percent greater than the Washington average.
Median Rent Prices: $1,188
Walkscore: 91—Lake Union is in the top 10 of the most walkable neighborhoods in Seattle.
C You Real Soon: Passed last November, the Proposition 1 Let’s Move Seattle levy contains plans for the Seattle Department of Transportation to improve traffic flow throughout South Lake Union by creating dedicated RapidRide bus lanes along Westlake Avenue and expanding the RapidRide C Line to better connect the neighborhood to downtown.
Work And Play: New restaurant and retail offerings are replacing the warehouses and industrial buildings historically associated with SLU as the rapid growth of the tech job market increasingly reshapes this city neighborhood into an area for young professionals to live and work in.
Additional reporting by Madeline Lootens
POPULATION: 5,341
Lot Life
Price: $499,000
Square Footage: 867; 1 bed, 1.5 baths
Number of units: 99
Property Taxes: $4,300
Year Built: 2009
Listed: December 2015
Neighborhood Public Schools: Lowell Elementary (ranked 4/10), McClure Middle School (8/10), Garfield High School (6/10)
Vaulted wood ceilings add rustic charm to this modern loft, Photo by Seattle Home Photography
Enjoy city views from the private balcony, Photo by Seattle Home Photography
Suite Escape
Price: $549,000
Square Footage: 918; 1 bed, 1 bath
Number of units: 59
Property Taxes: $4,034
Year Built: 2006
Listed: October 2015
Neighborhood Public Schools: Lowell Elementary (ranked 4/10), McClure Middle School (8/10), Garfield High School (6/10)
Hardwood floors flow throughout the open layout, Photo by Tucker English Photography
Private office space makes it easy to work from home, Photo by Tucker English Photography
Park(ing) Spot
Price: $799,000
Square Footage: 1,206; 2 beds, 1.75 baths
Number of Units: 102
Property Taxes: $5,156
Year Built: 2006
Listed: November 2015
Neighborhood Public Schools: Lowell Elementary (ranked 4/10), McClure Middle School (8/10), Garfield High School (6/10)
Spacious living and dining rooms make for easy entertaining in the city, Photo by Evan Parker
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