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Listed by Valerie Hwang • Windermere Real Estate Co..Some photos are virtually staged
FOR SALE

$1,145,000

Est. $6,342/mo

Price reduced $103,000 from the original $1,248,000 asking price

5 bd•3.5 ba•2,705 sq ft

11737 40th Avenue NE #A, Seattle, WA 98125

• Listed Sep 10, 2026•57 days active · 57 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Windermere Real Estate Co.; Valerie Hwang; 206-778-4470; valhwang@windermere.com

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Listing Broker: Windermere Real Estate Co.; Valerie Hwang; 206-778-4470; valhwang@windermere.com

About this home

NEW: 3% BUILDER CREDIT, YOUR WAY - use it for rate buy down, closing costs, or a price reduction of up to $34,350. Built with exceptional craftsmanship and refined finishes, this new construction in Matthews Beach stands apart with distinctive details and efficient floor plans that deliver real value and the ease of everything new. Sited on a quiet, tree-lined street, this 2,705 SF, 2-level, 5 bed/3.5 bath home offers peaceful surroundings with city convenience. Enter into the open great room, framed by picture windows, with living & dining flowing around a statement marble island kitchen featuring built-in seating, stainless appliances & a deck for grilling. Two main-floor bedrooms + full bath flex offer space for multi-generational living, offices or play. There is a separate powder room for guests. Upstairs, the primary suite features a walk-through closet & spa bath with soaking tub, walk-in shower + double vanity. Two more bedrooms, full bath + laundry complete this level. Tall ceilings, wide-plank oak floors, brass details & a warm natural palette give the home a polished, comfortable feel built to last. New systems, efficient heat & AC, fully fenced right-sized yard, detached EV garage & builder warranty. Move-in ready. Minutes from Magnuson Park, the Burke-Gilman Trail & University Village, with easy transit to UW, downtown & major job centers. Built by Confluence Development.

Property type
Single Family
Year built
2026
Interior
2,705 sq ft
Lot size
0.074 acres
Parking
1-car garage
Price / sq ft
$423
HeatingDuctless
CoolingDuctless
Property taxes$5,370/yr (est.)
HOA dues$117/mo
School districtSeattle

Listed by Valerie Hwang • Windermere Real Estate Co.

Listing updated: October 9, 2026 at 02:36pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2580512

Around this home

RexMont OfferEdge™

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11737 40th Avenue NE #A, Seattle, WA 98125

List price
$1,145,000
Down payment
$229,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Interior features

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Sprinkler System
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Water Heater

Kitchen

  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 5 bedrooms total
  • 2 on the main level
  • 3 upstairs

Bathrooms

  • 2 full bathrooms
  • 2 three-quarter bathrooms (shower, no tub)
  • 3.5 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • 2 Story
  • 2,705 sq ft finished

Flooring

  • Ceramic Tile
  • Engineered Hardwood
  • Carpet

Heating & cooling

  • Ductless heating
  • Ductless cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Vegetation
Garden Space
Zoning jurisdiction
City
Bus route
65,75

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Water heater location
Main floor
Power company
City of Seattle
Water company
Seattle Public Utilities
Sewer company
Seattle Public Utilities
Garbage service
Seattle Public Utilities
Irrigation water rights
No

Rooms & extras

Bathtubs
3
Showers
3

New construction

New construction state
Completed
Estimated completion
Aug 6, 2026
Builder
Confluence Development LLC
Square footage source
Builder plans
Lot size source
Builder plans

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sun and shade

How many hours of direct sun each part of this lot gets on the day you pick. Hover the map to read a spot.

0 h11.0 h

Daylight 7:30 AM to 6:30 PM Pacific, 11.0 hours

Sun and shadows come from terrain and mapped buildings. Trees are not shown, so a yard under big trees can be shadier than this map. Sun map by ShadeMap.

Schools

Ratings via SchoolDigger

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.

Sales & Tax Records for 11737 40th Avenue NE #A

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 9, 2026
    Price reduced
    NWMLS via MLS Grid · #2580512
    $1,145,000
    $423/sq ft
  2. Oct 9, 2026
    Price reduced
    NWMLS via MLS Grid · #2580506
    $1,085,000
    $401/sq ft
  3. Sep 22, 2026
    Sold
    NWMLS via MLS Grid · #2529897
    $600,000
    $222/sq ft
  4. Sep 10, 2026
    Listed
    NWMLS via MLS Grid · #2580512
    $1,248,000
    $461/sq ft
  5. Sep 10, 2026
    Listed
    NWMLS via MLS Grid · #2580506
    $1,198,000
    $443/sq ft
  6. Aug 21, 2026
    Pending
    NWMLS via MLS Grid · #2529897
    $599,000
    $221/sq ft

Mortgage payment forecast

$7,193 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Windermere Real Estate Co.; Valerie Hwang; 206-778-4470; valhwang@windermere.com

Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 53 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,550,000 Sold

    0 days ago

    4 bd•4 ba•~3,340 sq ft•Single Family

    11340 23rd Avenue NE, Seattle, WA 98125

    3%

    Under list

    30

    Days on market

    0.9 mi

    Distance

  • $940,000 Sold

    3 days ago

    3 bd•1.75 ba•~1,320 sq ft•Single Family

    11040 Alton Avenue NE, Seattle, WA 98125

    5%

    Over list

    19

    Days on market

    0.4 mi

    Distance

  • $680,000 Sold

    1 week ago

    3 bd•1 ba•~1,010 sq ft•Single Family

    3830 NE 123rd Street, Seattle, WA 98125

    0%

    Over list

    29

    Days on market

    0.2 mi

    Distance

  • $1,325,000 Sold

    1 week ago

    5 bd•3.5 ba•~2,940 sq ft•Single Family

    10705 41st Place NE, Seattle, WA 98125

    5%

    Under list

    41

    Days on market

    0.6 mi

    Distance

  • $1,161,000 Sold

    1 week ago

    3 bd•2 ba•~2,490 sq ft•Single Family

    3825 NE 115th Street, Seattle, WA 98125

    1%

    Over list

    19

    Days on market

    0.2 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 9, 2026 at 02:36pm (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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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