Seattle Real Estate Spotlight: Madison Park
Madison Park is situated on the shores of Lake Washington in central Seattle. A chic neighborhood with a vibrant, long-standing commercial district that is home to some of the city’s finest restaurants, Madison Park is a popular choice for those looking for city living with a relaxed, small-town ambience. Furthermore, the neighborhood is just minutes from the University of Washington and a short trip from Downtown Seattle.
Residential Search
Madison Park is in the 98112 ZIP code. Search Madison Park real estate (homes, condos, rentals) here:
History
The original inhabitants of the Madison Park, like most of Seattle, were members of the Duwamish tribe, who used the fertile land and waters for hunting, gathering, and fishing. In the 1860s, Judge John J. McGilvra bought 420 acres of land in the area, parceled some of it out for sale, and cut a road – later named Madison Street after the 4th President. Although only three miles from Downtown Seattle the distance was too far for many to travel. Thus, a cable car was built with 24 acres for public use for swimming, boating and playing to draw people to Madison Park. As a result, the plan worked and Seattle residents still travel to Madison Park today for the am activities over 120 years later.
Madison Park Pavilion drew crowds as early as 1900.
Points of Interest
With small boutiques and one-of-a-kind restaurants, Madison Park and adjoining Madison Valley offer a vibrant community atmosphere and abundant green space. For instance, residents stroll the paths of the Washington Park Arboretum year round, and flock to Madison Park Beach in the summer months. In addition, numerous parks and public areas line the main thoroughfare of East Madison Street, and Madison Park is home to the esteemed Broadmoor Golf Course and Washington Park Botanical Gardens.
Demographics
| Madison Park | Seattle | |
| Median Household Income | $75,034 | $45,736 |
| Single Males | 12% | 23% |
| Single Females | 17% | 18% |
| Median Age | 44 | 37 |
| Homes With Kids | 15% | 18% |
| Average Household Size | 1 | 2 |
| Average Commute Time (Minutes) | 24 | 26 |
Residential Market Report
Madison Park’s commercial village continues to be the hub for the the local area; thus, for the market report we include the surrounding residential Seattle neighborhoods of Broadmoor, Denny Blaine, and Washington Park.
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