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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Kim Newton, Century 21 North Homes Realty

3
Bedrooms
4
Bathrooms
4,575
Square feet
$1,858
Per sq ft
Single Family Residence
Type
1942
Year built
58,724 sq ft
Lot
0
Days on market

About this property

An extraordinary and exceedingly rare waterfront compound in Magnolia, offering an unparalleled combination of privacy, scale and flexibility. Set across five contiguous waterfront lots with coveted no-bank access, this exceptional property includes a main residence, three detached accessory dwelling units and a studio- creating a truly unique opportunity for multi-generational living, a private legacy estate, or income- producing rentals. The four structures offer a total of 5 bedrooms, 4 ¾ bathrooms, 6151 sq ft of living space, all surrounded by the tranquility and beauty of the waterfront. Enjoy the serenity of waterfront living while remaining just minutes from downtown Seattle and the natural beauty of Discovery Park. A rare opportunity to own an expansive waterfront estate in Seattle's most sought after neighborhoods. Truly a must-see property.

Location & commute

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

Directions

Jeff's Neighborhood Guide

Get to know Magnolia

Jeff's Magnolia profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.

Also nearby, within the same NWMLS search area.

Property details

Listing details

Listing number
#2587601
Listed
September 30, 2026
Days on market
0
Price per sq ft
$1,858

Unit & building

Building
Magnolia Heights
Unit levels
Multi/Split

Parking

Parking
Detached Garage
Covered spaces
2
Total spaces
2

Views

View
MountainsSound

Construction

Year built
1942
Style
15 - Multi Level
Structure
House
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
ElectricPropane

Interior features

Features
Second KitchenSecond Primary BedroomBath Off PrimaryBuilt-In VacuumCeiling Fan(s)Dbl Pane/Storm WindowDining RoomFireplaceFrench DoorsPantrySaunaSecurity SystemSkylight(s)Vaulted Ceiling(s)Walk-In Closet(s)Water HeaterWired for Generator
Fireplaces
2
Fireplace type
Wood Burning

Flooring

Flooring
Ceramic TileHardwoodSlateCarpet

Appliances

Appliances
DishwasherDouble OvenMicrowaveRefrigeratorStove(s)/Range(s)Trash Compactor

Lot

Lot features
Cul-De-SacDead End StreetPavedSecluded
Lot size
58,724 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventional

Utilities

Water
Seattle Public Utilities
Sewer
Seattle Public Utitlities
Power
Seattle City Light

Schools

District
Seattle
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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

  • Multi/Split
  • Detached Garage
  • Mountains
  • Sound
  • House
  • Composition
  • Wall Furnace
  • None
  • Electric
  • Propane
  • Second Kitchen
  • Second Primary Bedroom

Listing history

  1. Listed

    $8,500,000

    September 30, 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

$49,498

Principal & interest
$42,981
Property tax (est.)
$6,517

Assumes $1,700,000 down (20%), a $6,800,000 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 October 21, 2026 at 2:45 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.