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Greenwood Gold Mine

Smart Living & Investment

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Nestled in vibrant Greenwood, this charming property boasts a meticulously updated main house featuring two beds, 1.5 baths, and modern amenities like earthquake retrofitting, A/C, and upgraded electrical/plumbing. The 2018-built ADU offers 550 sq. ft. of contemporary living, complete with a kitchen, 1.5 baths, and an airy open layout with a lofted bedroom. Outside, a lush organic garden awaits, bursting with seasonal delights and multiple inviting patios, including a covered and heated one for year-round enjoyment. With a garage attached to the ADU and two extra driveway spots, this is your ideal home sweet home. Live in the main house while the DADU pays your mortgage! A savvy buyers best choice in Seattle Real Estate.

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  • $948,880 Price
  • 1,510 SF
  • 3 BED
  • 3 BATHS
  • 1-Car GARAGE

Neighborhood

Seattle's Greenwood neighborhood is a vibrant neighborhood brimming with character and charm. Known for its tree-lined streets, eclectic mix of shops, and diverse dining options, Greenwood offers a unique blend of urban amenities and residential tranquility. Residents and visitors can enjoy exploring local boutiques, cafes, and art galleries along Greenwood Avenue. The neighborhood also boasts beautiful parks like Carkeek Park, providing ample opportunities for outdoor recreation and scenic views of Puget Sound. Greenwood is home to a tight-knit community that hosts various events throughout the year, fostering a strong sense of belonging. Whether you're looking to stroll through a farmers' market, catch a live performance at a local venue, or relax in a cozy neighborhood café, Greenwood has something for everyone to enjoy.

Commute

Seattle's major employment hubs, like Amazon, Google, and Facebook, are convenient thanks to Greenwood's proximity to major transportation routes and public transit options. You can easily access Interstate 5, which provides a direct route south to downtown Seattle, where many of these companies are headquartered. Additionally, the area is served by several bus routes, including those operated by King County Metro, plus Microsoft and Amazon Shuttles, offering reliable alternatives for commuters. While traffic congestion during peak hours is a consideration, the availability of carpool lanes and alternative routes can help mitigate delays. Overall, Greenwood offers a variety of commuting options, ensuring accessibility to Seattle's bustling job market.

Lifestyle

As the NW of the NW, you should expect Greenwood to be VERY North West. Greenwood offers a tranquil lifestyle characterized by turn-of-the-century homes set on larger lots, providing residents with ample privacy and room to breathe. The neighborhood's charm lies in its tree-lined streets adorned with quaint craftsman-style houses, each boasting its unique character. Greenwood's appeal extends beyond its residential tranquility, with a delightful array of neighborhood shops, boutiques, and cafes just a stone's throw away. Residents enjoy easy access to these local treasures, indulging in artisanal treats and discovering hidden gems while still relishing the comfort of their spacious abodes. Furthermore, Greenwood's community spirit thrives through various neighborhood events and gatherings, fostering a sense of belonging and camaraderie among its residents. Here, amidst the serenity of larger lots and the allure of neighborhood delights, Greenwood offers a genuinely idyllic living experience in the heart of Seattle.

Value

🏡 Looking to invest in a home that offers more than just a place to live? Welcome to the world of DADUs! By purchasing a home with a Detached Accessory Dwelling Unit (DADU), you're not just securing your primary residence but also unlocking a lucrative rental opportunity. Imagine the extra income stream from renting out this additional space, whether it's a cozy guesthouse, a stylish studio, or a fully equipped apartment. DADUs not only increase the value of your property but also provide flexibility, whether you're accommodating guests, housing extended family, or simply seeking additional rental income to offset your mortgage. Don't just buy a home; invest in a lifestyle with endless possibilities and financial rewards with a DADU! 🌟 #InvestSmart #DADULiving #UnlockOpportunity 🏠

STATS & LOCATION

Median Home Price

Commute Times

  • 18mto Amazon Spheres

  • 35mto Amazon Spheres

  • 20mto Microsoft Redmond

  • 60mto Microsoft Redmond

listing highlights

Detached Dwelling with longterm rent for $1,800 per month or $3,200 a month short term rental
Large, fenced, corner lot with many relaxing, entertaining and gardening options.
Hot tub off covered patio
Covered and heated patio
Main house earthquake retrofitted
New electrical
New Plumbing
Fresh Paint
Refinished wood floors throughout
Lots of parking, plus one car garage
A/C and heat pump
Ultimate smart decision

Flexibility in a home

Are you looking to dive into homeownership? Picture this: You, cozy in your own home, complete with a detached accessory dwelling unit (DADU) for added flair. Why should you consider it? Well, for starters, flexibility is the name of the game! Imagine this: The DADU could fetch you a sweet $1,800 monthly if you opt for long-term renting. But hold on, there's more! Don't sweat if work calls you elsewhere in a couple of years. Rent out the main house and keep that property earning its keep in your investment squad. Or, spice things up with short-term rentals on platforms like Airbnb. You could be looking at a whopping $3,200 monthly, according to the gurus at AirDNA. Plus, think of the savings on cleaning and stocking – cha-ching! And here's the kicker: When relatives come knocking, you've got the perfect crash pad ready to roll. Talk about being the family hero! So, the ball's in your court whether you're eyeing long-term gains or embracing the Airbnb hustle. Come check out this gem in Greenwood, Seattle, and make a move you'll pat yourself on the back for. It's a win-win, my friend! Seattle homes for sale near you await – don't miss out!

grow your money tree with this seattle investment property

Investment

Greenwood outperformed Seattle in 2023. As one of Seattle's more popular neighborhoods, it is no wonder Greenwood's residence value outpaced Seattle as a whole. Commuting options are many, with multiple access points to most of Seattle's employment centers. This home also sports an accessory unit, detached from the main house and with its own street access, that you can rent long-term/short-term or have family live with you when needed. Flexibility is a crucial feature for a long-term investment, and that is what this home is.

Location

Greenwood is a vibrant neighborhood brimming with character and charm. Known for its tree-lined streets, eclectic mix of shops, and diverse dining options, Greenwood offers a unique blend of urban amenities and residential tranquility. Residents and visitors can enjoy exploring local boutiques, cafes, and art galleries along Greenwood Avenue. The neighborhood also boasts beautiful parks like Carkeek Park, providing ample opportunities for outdoor recreation and scenic views of Puget Sound. Greenwood is home to a tight-knit community that hosts various events throughout the year, fostering a strong sense of belonging. Whether you're looking to stroll through a farmers' market, catch a live performance at a local venue, or relax in a cozy neighborhood café, Greenwood has something for everyone to enjoy. If you are looking for Seattle homes for sale near you, come and see what we are offering.

Commute

If you're commuting to Seattle, Greenwood is a little better than you might first imagine. The I-5 car pool lanes are always going your direction. Highway 99 is also a good option for Greenwood commuters. Seattle's major employment hubs, like Amazon, Google, and Facebook, are convenient thanks to Greenwood's proximity to major transportation routes and public transit options. You can easily access Interstate 5, which provides a direct route south to downtown Seattle, where many of these companies are headquartered. Additionally, the area is served by several bus routes, including those operated by King County Metro, plus Microsoft and Amazon Shuttles, offering reliable alternatives for commuters. While traffic congestion during peak hours is a consideration, the availability of carpool lanes and alternative routes can help mitigate delays. Overall, Greenwood offers a variety of commuting options, ensuring accessibility to Seattle's bustling job market.

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