Seattle Real Estate Spotlight: Montlake
Montlake is a quiet, picturesque residential neighborhood that serves as a gateway from Capitol Hill and Madison Park to neighborhoods north of the Ship Canal via the Montlake Bridge and indirectly the University bridge. Montlake sits on Portage Bay, but there are very few (less than a handful) of waterfront homes. This is as a result of the waterfront being dominated by parks and marinas. Moreover, the neighborhood is dominated by homes and has very few condos or apartment buildings. Unlike the large estates on nearby North Capitol Hill, most Montlake homes are generally between 2,000 and 3,500 sq ft.
Montlake Real Estate Search
History
John Boyer platted the land in what would become Montlake in 1905, with the intent of making the area east of 24th Avenue an enclave for exclusive residences. The Montlake Cut, connecting Lake Washington with Lake Union, was completed in 1916. Thereafter, residential real estate development continued through the early 1940’s. Dredged material from construction of the cut was deposited on former marshlands. Consequently, those former marshlands were later developed into Montlake Playfield. Furthermore, the Washington Park arboretum was completed in 1941.
Montlake Bridge November 1928 – Courtesy Seattle Archives
Points of Interest
Montlake has a small business district that runs along 24th Avenue East between East Lynn and East McGraw streets. For instance, it is home to the Montlake Public Library, restaurants, coffee shops, an antique shop, and other services. In addition, Montlake is also a hub for Seattle’s Greek community, as it is home to the beautiful St. Demetrious Greek Orthodox Church. Furthermore, the neighborhood is home to the Seattle Yacht Club and Queen City Yacht Club is also nearby. Other points of interest are The Cut, the Montlake (draw) Bridge, and West and East Montlake Park which connect to Marsh and Foster Island through the floating Waterfront Trail.
Washington Park Arboretum Waterfront Trail Connects to East Montlake Park – Courtesy of Seattle Parks
Demographics
| Montlake | Seattle | |
| Median Household Income | $101,319 | $45,736 |
| Single Males | 19% | 23% |
| Single Females | 12% | 18% |
| Median Age | 37 | 37 |
| Homes With Kids | 28% | 18% |
| Average Household Size | 2 | 2 |
| Average Commute Time (Minutes) | 23 | 26 |
Residential Market Report
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