8 Richest Neighborhoods in Seattle
- Madison Park
- Phinney Ridge
- Pike Place Market
Broadmoor is the richest neighborhood in Seattle. Situated only 3.4 miles north of Downtown, this area’s unique character is defined by its affluent resident base, elegant estates, and proximity to the city center. The homes in Broadmoor are large and expensive, with an average sale value of $3.27 Million. This heavy price tag is largely due to the homes’ large, manicured lots and expansive views of Lake Washington.
Other key features of this neighborhood include 24-hour gated security, an active local community, and the Broadmoor Golf Club, one of the most exclusive and prestigious golf clubs in the Pacific Northwest. With so much to offer, it’s no wonder Broadmoor is universally considered one of the most desirable places to live in Seattle. It’s also the most expensive neighborhood in Seattle.
The second-richest neighborhood in Seattle is Denny-Blaine. Conveniently located only 3.4 miles northeast of downtown, this upscale residential area is known for its handsome homes, scenic greenspaces, and beautiful views of Lake Washington. Residences here are available in a mix of architectural styles, which range from cozy bungalows and cottages to sweeping luxury estates.
The crown jewel of this area is Denny-Blaine Park, which sits at the southern end of the neighborhood and offers residents beachfront access, picnic areas, tennis courts, and other outdoor recreation. Homes for sale in Denny-Blaine average $2.24 Million, making it the second-most expensive place to live in all of Seattle.
3. Madison Park
Madison Park is another one of the richest neighborhoods in Seattle. Located just 3.6 miles northeast of Downtown, this affluent neighborhood is home to some of the city’s most coveted real estate. Popular for its lush, tree-lined streets and stunning mountain views, this area is best suited for those who prefer an active lifestyle with plenty of opportunities for outdoor recreation. Particular hotspots include Madison Park Beach, which is perfect for swimming, sunbathing, tennis, golf, and many other outdoor activities.
Additionally, Madison Park is home to Madison Street, a thriving commercial district that offers abundant dining and shopping opportunities. Home values here average $2.22 Million, making Madison Park one of the most expensive neighborhoods in Seattle.
In addition to being one of the richest neighborhoods in Seattle, Laurelhurst is also one of the most family-friendly. Situated about 6.2 miles from the heart of Seattle, this area is home to an active, well-organized local community. Residents here will find no shortage of complementary programs and services, which include a community center, community garden, and a neighborhood newsletter – all of which add to the area’s emphasis on inclusivity.
This community spirit helps the area maintain a relatively low crime rate and makes it a highly coveted area among Seattle families. Laurelhurst real estate sells at an average of $1.85 million, making it another of Seattle’s richest neighborhoods.
Windermere is one of the most expensive places to live in Seattle. It’s a great area for those who prefer to live a little further from the bustle of inner-city life. Located roughly 7.1 miles northeast of the city center, this neighborhood is considered a suburb of Seattle and is known for its seamless blend of historical and modern architecture.
A highly exclusive area among the city’s elite, Windermere is considered desirable for its exceptional school districts, low crime rates, and abundant local greenspaces, such as Windermere Park. Residents can also find plenty of urban amenities along the neighborhood’s main shopping district, Sand Point Way, which boasts a wide selection of delicious eateries and boutique shopping. Home values here average $1.72 Million, making Windermere another excellent choice for upscale Seattle living.
Another one of Seattle’s richest neighborhoods is Montlake. This area is located about 4.2 miles from the city center and offers its residents stunning views of both Lake Washington and the Cascade Mountains. A primarily residential neighborhood, Montlake possesses a number of beautiful homes, which are all designed with custom architecture and landscaping.
Apart from its stunning residences, this area is also known for its parks and green spaces. Among these is the wildly popular Arboretum, which features several gardens, walking trails, and Japanese gardens. With a strong local community, highly-rated school district, and prime location, it’s no wonder that homes for sale in Montlake average $1.29 Million.
7. Phinney Ridge
A thriving community located about 5.6 miles west of downtown Seattle, Phinney Ridge is another one of the richest neighborhoods in Seattle. This area is best known for its stunning views of the Puget Sound, the Olympic Mountains, and the Seattle skyline – all of which keep local real estate prices averaging at about $1.02 million.
The neighborhood’s upscale homes and tree-lined streets also add to its wealthy atmosphere, bringing a distinctly affluent air to its streets. An extraordinary living situation for foodies, Phinney Ridge is home to a diverse range of dining opportunities; residents will find everything from Thai and Italian cuisine to local pubs along its manicured avenues. A vibrant neighborhood with plenty to offer, Phinney Ridge is not to be overlooked.
8. Pike Place Market
Pike Place Market is the richest Seattle neighborhood for those who desire quick access to the city. Situated within 1 mile of downtown Seattle, this area provides its residents with the most convenient location of any neighborhood on this list. But, in addition to this ideal commute, Pike Place Market is also considered desirable for its rich history, vibrant local community, and iconic public market.
The market features over 500 vendors who sell everything from fresh produce and seafood to handmade crafts and souvenirs. It is also home to the original Starbucks coffee shop, which is a popular attraction among tourists. Other draws to this neighborhood include its thrilling nightlife, bustling atmosphere, and quick transportation to all parts of Seattle. Pike Place Market real estate sells at an average price of $725k, making it one of the most expensive neighborhoods in Seattle.