$1,949,000
Est. $9,876/mo3 bd•1 ba•2,280 sq ft
1871 40th Avenue E, Seattle, WA 98112
• Listed 2026-06-16•New today
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Based on information submitted to the MLS GRID as of June 16, 2026 at 02:14pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Nestled on a quiet, tree-lined street in Madison Park, this wonderfully maintained mid-century brick residence blends privacy and timeless architecture with designer updates. Featured in the New York Times and set on a rare street-to-street lot, the stately property welcomes you through a gated courtyard and secure entry. Floor-to-ceiling wraparound windows fill the open main level with natural light, highlighting gracious living and spaces ideal for everyday living and entertaining. The updated kitchen features stainless steel appliances, Carrara marble surfaces, and a casual dining nook. Three bedrooms are located on the main level in addition to a Travertine accented bathroom. Two fireplaces—one in the living room and another in the lower-level media/recreation room—create warm and inviting gathering spaces throughout the home. Lower level also features a 3/4 bathroom, storage and garage access. Step outside to enjoy the private garden with irrigation system, and backyard deck, perfect for outdoor dining and entertaining. An attached two-car deep garage adds convenience. Just blocks from neighborhood shops, the Saturday farmers market, Madison Park Beach, and highly regarded McGilvra Elementary School as well as independent schools. Downtown Seattle, UW and the Eastside only minutes away, this home offers a rare opportunity in one of Seattle’s most coveted neighborhoods.
Listed by John P. Madrid • Realogics Sotheby's Int'l Rlty
Listing updated: June 16, 2026 at 02:14pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2539587
Open houses
5 dates$2,216,000
+$267,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.92M and $2.6M.
Rental earnings
$6,650/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$2,300,000Last sold price
1857 41st Avenue E, Seattle, WA 98112
$1,915,000Last sold price
1921 37th Place E, Seattle, WA 98112
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
1871 40th Avenue E, Seattle, WA 98112
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$11,977 per month
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 7 days.
$1,525,000 Sold
7 weeks ago
4 bd•2.5 ba•~3,500 sq ft•Single Family
2463 26th Avenue E, Seattle, WA 98112
2%
Under list
—
Days on market
0.8 mi
Distance
$3,295,000 Sold
7 weeks ago
4 bd•1.5 ba•~4,000 sq ft•Single Family
1615 39th Avenue E, Seattle, WA 98112
4%
Under list
—
Days on market
0.2 mi
Distance
$3,550,000 Sold
8 weeks ago
4 bd•3.5 ba•~3,839 sq ft•Single Family
1427 Woodrow Place E, Seattle, WA 98112
0%
Under list
—
Days on market
0.4 mi
Distance
$4,125,000 Sold
2 months ago
6 bd•2.5 ba•~7,457 sq ft•Single Family
2161 E Interlaken Boulevard, Seattle, WA 98112
6%
Under list
—
Days on market
0.9 mi
Distance
$1,675,000 Sold
2 months ago
3 bd•2 ba•~2,410 sq ft•Single Family
1207 26th Avenue E, Seattle, WA 98112
6%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Seattle School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
