September 22, 2021 — Madison Park is a neighborhood in Seattle, WA located east of downtown on the shore of Lake Washington.
There are currently 3 single family homes for sale and 2 condos for sale in Madison Park. There are typically about 8 home and condo sales per month in the neighborhood.
$2,018,000 is the median price for single family homes sold in the last 6 months. 2,760 SQFT was the median house size which is $731 per square foot.
Madison Park is considered one of Seattle's more desirable neighborhoods because of its clean, tree lines streets, well landscaped yards and attractive, well kept homes, large public parks, public Lake Washington beach (with lifeguards in the summer) and popular neighborhood shops and restaurants.
The Madison Park neighborhood located 3.2 miles north-east of downtown Seattle where E Madison St ends at the shores of Lake Washington.
Broadly speaking, Madison Park could include the private golf course community Broadmoor and the Washington Park neighborhood. This page and the homes and condos shown refer more specifically to the Madison Park core (east of Broadmoor and Washington Park), generally located within a short walking distance to Madison Park’s beach, shops and restaurants along E Madison St.
Many of the original homes in Madison Park were built in the 1920s on lots around 4,000 to 5,000 sqft with the exception of the Canterbury area which was developed in the 1950s on lots generally over 7,500 sqft. Madison Park has seen steady increases in its average home size over the last 20 years as older, smaller homes are replaced by newer homes.
There are several large condo buildings in Madison Park, particularly along 42nd Ave E and 43rd Ave E where several developments are built on Lake Washington and in some cases, built several hundred feet out over the lake.
Madison Park is a fully developed neighborhood without any new large developments so new single family homes are built at a pace of just 2 to 3 homes per year on the few remaining vacant lots or on lots where an older home has been torn down. New homes in Madison Park are usually around 3,500 to 4,500 sqft.
Madison Park is served by the Seattle Public Schools District, McGilvra Elementary School, Meany Middle School and Garfield High School. Many residents also choose to send their children to one of several private schools in the area.
The neighborhood is named for the public park Madison Park located on E Madison St which features kid play equipment, a grass field and two lit tennis courts.
Madison Park is also home to Madison Park Beach, a sandy public beachfront on the shore of Lake Washington
One of the main draws of Madison Park is the quick access to downtown Seattle and easy access to both floating bridges (520 and I90).
There is also Metro Bus Line #11.