Magnolia is a quiet, comfortable neighborhood close to Downtown. Situated on a peninsula west of Queen Anne, Magnolia was primarily built between 1930 and 1960, giving it a very different architectural feel from its neighbors, Queen Anne and Ballard. Made up of two hills, Magnolia enjoys views of downtown from east hill, and views of the water from west hill. Its natural boundaries create limited through-traffic and one of the lowest crime rates in the city. The neighborhood, which has almost an island-like quality, is a mix of upscale contemporary homes, mansions, ranch-style houses, condominiums and apartments.
The area has an urban center called “The Village” which lies in a valley in-between Magnolia’s two hills. Here you’ll find delicious restaurants, cafes, shops and grocery stores.
Magnolia is also home to a number of local parks, including Magnolia Park and Discovery Park, Seattle’s largest green space. This sprawling 534-acre park has woods, open areas, beaches and a lighthouse and is kept wild for an urban wilderness experience.
As of March 6th, 2013, the least expensive property for sale in Magnolia is a 1 bedroom, 1 bath condominium priced at $185,900 while the most expensive active single family home is a 7 bedroom, 4.5 bath 1933 Tudor offered for $4,850,000. Looking at the last 90 days, the Median List Price in Magnolia is $957,475 with homes selling for a Median Sale to List Price of 100.3%.