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Gatewood Multifamily Home for Sale

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    $2,900,000

    • 4,490 Sq Ft

    7013 Seaview Terrace SW, Seattle, WA 98136

    Truly a one-of-kind investment/development property in highly sought after W. Seattle area. This rare 6-unit turnkey investment has water views & gorgeous sunsets along w/strong cash flow. Located in West Seattle’s Gatewood area, the Seaview Terrace Apts a perfect mix of studios/1-bed/2-bed/3-bed units. Each w/own flr plan. 4 units have been renovated w/updated baths, kitchen, stainless app & new

    Jamie Langsford Venture Real Estate Group LLC

    7013 Seaview Terrace SW, Seattle, WA 98136

Why Live in Gatewood

Gatewood, located in Seattle, is the city's highest point, providing stunning views of Puget Sound and the Olympic Mountains. The neighborhood slopes down to California Avenue, a bustling area with numerous shops and restaurants. Lincoln Park, a 2-mile drive away, features extensive waterfront access and various amenities, making it a popular local attraction. Gatewood is also 2 miles from the Fauntleroy-Southworth Ferry, offering convenient access to Vashon Island and the Kitsap Peninsula. The neighborhood is a mix of single-family homes, condos, and apartments, with architectural styles ranging from early 20th-century Strawberry box and ranch-style homes to modern multistory designs. Homes are typically close together with small yards, and most include garages. The area features both flat streets with sidewalks and hilly, narrow roads without them, all surrounded by Douglas fir trees. Educational options include Gatewood Elementary School, Denny International Middle School with a dual immersion program, and the highly rated West Seattle High School. Local parks such as Lincoln Park, Lowman Beach Park, Pelly Place Natural Area, Orchard Street Ravine, and Myrtle Reservoir Park offer various recreational opportunities, including hiking, biking, and waterfront activities. Residents can shop at West Seattle Thriftway, just 0.6 miles away, and enjoy dining options on California Avenue Southwest, including Peel & Press and Whisky West. Annual events like the Morgan Junction Community Festival and West Seattle Summer Fest add to the community's vibrant atmosphere. While there are some bus stops, most residents rely on cars for commuting, with Downtown Seattle a 16-minute drive and Seattle-Tacoma International Airport 10 miles away.

Home Trends in Gatewood, WA

Housing Trends

Median Sale Price
$925,000
Median Single Family Sale Price
$975,000
Median Townhouse Sale Price
$812,499
Median 2 Bedroom Sale Price
$460,000
Median 1 Bedroom Sale Price
$336,250
Average Price Per Sq Ft
$545
Number of Homes for Sale
22
Last 12 months Home Sales
106
Months of Supply
2.50
Median List Price
$899,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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