Montlake Foreclosures For Sale in Seattle

Foreclosures in Montlake on SeattleHome.com are homes that are owned by a bank or lender.  These are sometimes referred to as REO (Real Estate Owned), ORE, or bank-owned homes.  Other foreclosures are sold at county auctions, which are riskier and require all-cash buyers.
In contrast, these bank-owned foreclosures are fairly straightforward and allow for bank financing. Even inexperienced buyers have access to bank-owned foreclosures. Our buyers have the option of an inspection period before closing the contract on a foreclosure. This allows the buyer a short-term "grace period" in case the property doesn't live up to their expectations.

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Montlake, Seattle


The Montlake neighborhood, wedged between Capitol Hill and the University District, draws its urban feel from the waterway that cuts through it. Crafstman-style homes and historic Tudor houses dominate the area and lend a placid air to the Montlake Cut, a part of the ship-bearing canal between Puget Sound and Lake Washington. Montlake residents regularly walk across the Montlake Bridge to attend Washington Huskies football and basketball games on the weekends.

Montlake Market Statistics

Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Montlake. You can see the latest trends in pricing, affordability, supply and demand. We invest in this research so our clients always have the latest insights to make the best decisions with confidence. Below are the latest home pricing trends for Montlake based on zip code 98112.


Median home prices for MontlakeAverage Days on Market for Montlake
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