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Esperance

Esperance

3.5
$684,204 Average Value
$442 Average Price per Sq Ft
5 Homes For Sale

Esperance is a suburban community on the outskirts of Edmonds

Welcome to Esperance, an established suburb on the outskirts of Edmonds that offers both tranquility and convenience. The peaceful, wooded suburbs provide a sense of seclusion while only being minutes from commercial comforts. "The area's central location is one of the biggest perks. Not only will you have an easy commute, but you're also close to beaches, parks and Edmonds' retail and dining," says Realtor Teresa Simanton.

A break in the privacy hedge gives a unique look to this Esperance home.
A break in the privacy hedge gives a unique look to this Esperance home.
Bike paths and walking paths make Esperance an easy place to navigate.
Bike paths and walking paths make Esperance an easy place to navigate.
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Options include split levels, ramblers, condos and town houses

Established homes built in the mid to late 20th century are a primary feature here, including spacious split levels, classic ramblers and two-story minimal traditional homes. Newer multifamily construction is also a perk of the area, with condos and town houses providing contemporary convenience. Prices in the area have a wide range, with condos costing between $300,000 to $400,000, established ramblers and split levels ranging from $600,000 to $900,000 and newly constructed town houses costing between $700,00 and $1 million.

Split-level homes are popular in Esperance.
Split-level homes are popular in Esperance.
New condos are being built in the Esperance neighborhood.
New condos are being built in the Esperance neighborhood.
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Highly rated schools in the Edmonds School District

Schools serving families in the community are part of the Edmonds School District, including Chase Lake Elementary School, which earns a B-minus grade from Niche. College Place Middle School has a B and offers the Cougar Learning Lab, which is an after-school homework and tutoring center that uses volunteers from nearby high schools to provide peer support. Edmonds-Woodway High School, rated A-minus, provides personalized education pathways, including an architectural drafting and design program that's won awards for decades.

Chase Lake Elementary School offers public K-6 education for families in Edmonds.
Chase Lake Elementary School offers public K-6 education for families in Edmonds.
College Place Middle School has an after-school homework and tutoring center.
College Place Middle School has an after-school homework and tutoring center.
Edmonds-Woodway High School is creating a brighter and better future for students grades 9-12.
Edmonds-Woodway High School is creating a brighter and better future for students grades 9-12.
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A community park, and beaches on the Sound and Lake Ballinger

Living here puts you just minutes from the pebbled, saltwater shoreline of Puget Sound. Just 3 miles away, you'll find public beaches like Marina Beach Park, where you can take in the water and mountain views while you have a bonfire or sunset stroll. You're also only a mile from Lake Ballinger, where you can fish, boat or swim in the sparkling blue lake. Within the neighborhood, you can enjoy Esperance Park. Encompassing over 10 acres of land, you'll find grassy athletic fields with a paved walking loop, a forested area with wooded trails, a playground with climbing structures and a zipline. The park also has an open off-leash dog area, making this a park everyone in the family can enjoy.

Signage for Esperance Park in Edmonds, WA welcomes visitors to a relaxing day.
Signage for Esperance Park in Edmonds, WA welcomes visitors to a relaxing day.
Walking trails line the parks in Esperance.
Walking trails line the parks in Esperance.
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Shopping staples and a variety of international cuisine

The neighborhood is primarily residential, but you'll find all the daily necessities along the Pacific Highway, like groceries, banks, pharmacies, coffee shops and restaurants. The area is home to a variety of international cuisine; you can get Chinese hotpot at Boiling Point, ramen at Yua Ramen, Korean barbecue at Hosoonyi Restaurant or pho at Than Brothers Restaurant. By looking at just a sample of restaurants located on one block, you'll always have options when you don't want to cook.

The central location is also close to attractions like Alderwood, a regional shopping mall; and the charming community of Downtown Edmonds, so dining and retail are always within reach.

Hosoonyi offers Korean cuisine in Esperance.
Hosoonyi offers Korean cuisine in Esperance.
Safeway in Esperance is conveniently located just off Highway 99.
Safeway in Esperance is conveniently located just off Highway 99.
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Convenient access to highways for commutes to cities like Seattle

Proximity to the Pacific Highway and Interstate 5 makes commuting to work or traveling for entertainment easy. You're less than 15 miles from Seattle, Everett and Bellevue.

Micaela Green
Written By
Micaela Green
Erik Knudsen
Photography Contributed By
Erik Knudsen
Melinda Anselmo
Video By
Melinda Anselmo

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Seattle Paine Field International

19 min drive

Bus

76th Ave W & 230th St SW

Bus

Edmonds Way & 236th St SW

Bus

238th St SW & HWY 99

Bus

238th St SW Nb Station

Bus

HWY 99 & 234th St SW

Bus

HWY 99 & 240th St SW

Bus

Aurora Ave N & 244th St SW

Reviews

Niche Reviews
3.5 4 Reviews
3.0 Niche User
4/25/2016 Niche Review
The general area is really nice--quiet and kind. However there has been a lot of very noisy development which lowers the momentary quality of life.
Are you familiar with the Esperance neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Esperance US
Homicide 1 4
Sexual Assault 4 4
Assault with Weapon 3 4
Robbery 4 4
Burglary 6 4
Motor Vehicle Theft 6 4
Larceny 6 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Esperance Demographics and Home Trends

Housing Trends

Median List Price
$695,000
Median Sale Price
$600,000
Median Single Family Sale Price
$800,000
Median 2 Bedroom Sale Price
$384,500
Median Change From 1st List Price
1%
Last 12 months Home Sales
20
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$442

Neighborhood Facts

Number of Homes
530
Number of Homes for Sale
5
Median Year Built
1978
Months of Supply
3.00
Average Single Family Home Size Sq Ft
1,785
Below the national average
1,929
Average Townhouse Size Sq Ft
1,811
Average 2 Bedroom Size Sq Ft
1,003
Average 1 Bedroom Size Sq Ft
671
Median Lot Size Sq Ft
9,147

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
3,286
Median Age
42
Population Density
5 ppl/acre
Population under 18
19.8%
On par with the national average
23.8%
Population over 65
17.7%
On par with the national average
19.1%

Finances

Median Household Income
$83,487
On par with the national average
$79,601
Average Household Income
$119,110

Education and Workforce

High School Graduates
90.7%
College Graduates
35.6%
Advanced Degrees
11.1%
On par with the national average
13.3%
% Population in Labor Force
69.6%
On par with the national average
64.9%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
36°F
Average Summer High Temperature
72°F
Annual Snowfall
4''

Area Factors

Somewhat Bikeable

Bike Score®

40 / 100

Somewhat Walkable

Walk Score®

67 / 100

Good Transit

Transit Score®

53 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Esperance
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