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JRJeff ReynoldsCompass · Seattle

Listed by Pamela A. Jensen, Windermere Real Estate Co.

11,105
Square feet
$513
Per sq ft
Multi Family
Type
1920
Year built
47,260 sq ft
Lot
84
Days on market

About this property

Turnkey Property on Lake Washington. Positioned on Lake Washington’s western shore in the sought-after Matthews Beach neighborhood, Beach Club Cottages is a 14-unit multifamily community comprised of six buildings on two adjacent parcels. Includes a two-story single family home, two single-family cottages, & three apartment buildings, each with three or four units. All the units have been updated with new kitchens & bathrooms. Finishes vary, with many featuring newer luxury vinyl tile flooring & appliances. Most of the units offer scenic lake views, & nine homes boast in-unit laundry with a common laundry room providing laundry service to the remaining units. Two of the units are on the water & offer private yards. Located steps from the Burke-Gilman Trail and a short walk to Matthews Beach, the property offers direct lake frontage, private beach access, boat slips, and a mix of garage and off-street parking. This high quality, turnkey property, with its desirable waterfront location, offers an investor the opportunity to own an income producing property with upside in one of Seattle’s coveted neighborhoods.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2510479
Listed
April 20, 2026
Days on market
84
Price per sq ft
$513

Unit & building

Unit
1-14
Stories in building
2
Units in building
14

Parking

Total spaces
15

Views

View
LakeMountains

Construction

Year built
1920
Style
56 - 10+ Units
Structure
Multi Family
Roof
CompositionTorch Down

Heating & cooling

Heating
BaseboardForced Air
Cooling
None
Energy source
Electric

Flooring

Flooring
Ceramic TileConcreteHardwoodVinyl PlankCarpet

Lot

Lot features
PavedSidewalk
Lot size
47,260 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventional

Utilities

Water
City of Seattle
Sewer
City of Seattle
Power
Seattle City Light

Schools

District
Seattle
Elementary
View Ridge
Middle
Eckstein Mid
High
Nathan Hale High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Lake
  • Mountains
  • Multi Family
  • Composition
  • Torch Down
  • Baseboard
  • Forced Air
  • None
  • Electric
  • Ceramic Tile
  • Concrete
  • Hardwood

Listing history

  1. Listed

    $5,700,000

    April 20, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$33,192

Principal & interest
$28,822
Property tax (est.)
$4,370

Assumes $1,140,000 down (20%), a $4,560,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.