Presenting Realogics Sotheby’s International Realty’s 2026 Waterfront Report

Realogics Sotheby’s International Realty is proud to present our 2026 Waterfront Report, exploring the data, trends, and insights that will make purchasing or selling in these remarkable markets smooth sailing. Whether you’re searching for a lakefront estate with a private dock to moor your boat, Puget Sound views topped off by snow-capped mountains, or an iconic Seattle floating home, this report is the ultimate resource in charting your voyage. 

In 2026, only 3.4% of total single-family home sales across the 12 counties analyzed were waterfront properties, proving that not only is this market desirable—it’s truly rare. From year-over-year changes in important data points, from median sales prices to inventory levels, the report highlights how market trends ebb and flow throughout the 12 counties and 16 communities reported on. 

In examining the 16 communities across the Puget Sound region, there was ample variance in pricing from 2024 to 2025. In Bellevue, the median sales price there was a 29% year-over-year increase in the median sales price, increasing from $3,862,500 to $5,000,000. However, communities like Sammamish and Issaquah (combined for our reporting purposes), saw a price correction in 2025, with a 19% year-over-year decrease in the median sales price. As distinct as these homes are from non-waterfront properties, they are as distinct from each other. In San Juan County, the average for days on the market was 133 days, compared to Kirkland, where the average was 51 days. These markets move at different paces, with various factors like buyer demand, inventory levels, and pricing affecting how quickly properties close. 

Explore the full Waterfront Report, and reach out to a trusted RSIR advisor if you’d like to discuss the findings or begin your own waterfront home search. 

We’ve curated a list of exceptional waterfront properties at every price point to inspire your real estate journey. 

Under $1 Million

4617 Erlands Point Road NW, Bremerton | Offered at $995,000

3 Beds | 1.5 Baths | 2,000 Square Feet

An incredible opportunity to have your own beachfront cabin compound on Erlands Point. This west facing property enchants with a charming three-bedroom, 100-year-old log home, with a separate one-bedroom and one-bath ADU cottage. With 105 feet of low bank waterfront, gorgeous sunsets and long summer days filled with beach combing, swimming, clamming, kayaking or paddleboarding, you will love life in this spectacular setting. 

Represented by Kristi Nelson

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$1 Million to $3 Million

6617 149th Avenue NW, Lakebay | Offered at $2,799,950

3 Beds | 3.5 Baths | 3,762 Square Feet

Set behind the gates of a quiet waterfront community, this handcrafted Pacific Northwest retreat pairs 100′ of low-bank shoreline and sandy beach with commanding views of Mount Rainier, Henderson Bay, Carr Inlet, Raft Island, and Gig Harbor. The three-bedroom, 3.5-bath contemporary lodge showcases soaring timber beams, warm natural materials, and walls of windows framing the ever-changing waterfront.

Represented by Kira Hackett

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12145 Arrow Point Loop NE, Bainbridge Island | Offered at $2,598,000

3 Beds | 3 Baths | 3,195 Square Feet

A refined expression of post-modernism by renowned Seattle architect John Brenneis, set in a stunning waterfront setting with sweeping Olympic Mountain and Puget Sound views from every room, abundant natural light, and unforgettable sunsets. Follow the solid beach stairs to your own ±90 feet of bulkheaded shoreline, dotted with oysters and anchored by a distinctive natural boulder, a rarity along Bainbridge’s shoreline, with your own deep-water mooring buoy for days on the water. 

Represented by Danny Varona and Matthew Paige

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$3 Million to $5 Million

13401 Manzanita Road NE, Bainbridge Island | Offered at $4,788,000

4 Beds | 4.5 Baths | 4,855 Square Feet

A rare offering in Manzanita, one of Bainbridge Island’s most sought-after neighborhoods, known for the best Olympic mountain views and the most expansive water vistas along the island’s prized west side. Set on 2.37 level acres, the property unfolds with a rare sense of openness, privacy, and light.

Represented by Danny Varona and Matthew Paige

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2369 Fairview Avenue E #6, Seattle | Offered at $4,600,000

3 Beds | 3.25 Baths | 2,866 Square Feet

Designed by Vandeventer + Carlander Architects, this modern floating home continues Seattle’s rich tradition of life on Lake Union, offering coveted southern exposure and sweeping views of Downtown, Queen Anne Hill, Gas Works Park, the Olympics and Space Needle. Thoughtfully designed, the floorplan inverts a traditional layout by placing public living spaces on the upper level to maximize light, views, and entertaining. 

Represented by Jay Kipp

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$5 Million to $7 Million

1621 10th Street W, Kirkland | Offered at $6,598,000 (Pending)

3 Beds | 3.25 Baths | 3,420 Square Feet

Rare opportunity to own 60’ of Lake Washington waterfront in Kirkland with sweeping views of the city skyline and Olympic Mountains. Ceilings and skylights fill the home with natural light, complemented by fresh interior paint, new carpet, and a gas fireplace creating a warm gathering space. 

Represented by Val Burmester 

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2837 E Lake Sammamish Parkway NE, Sammamish | Offered at $5,495,000

4 Beds | 5.5 Baths | 5,630 Square Feet

A timeless expression of Mediterranean elegance unfolds along the shimmering shores of Lake Sammamish. Set on 117’ coveted low-bank waterfront with a private dock, this extraordinary 5,630-square-foot estate captures panoramic lake and Cougar Mountain views, inviting a lifestyle defined by beauty, recreation, and effortless luxury. Arrive through a grand entrance framed by stately columns and marble flooring, where soaring ceilings and walls of windows fill the home with radiant natural light and waterfront scenery.

Represented by Neda Perrina

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Over $7 Million

8260 Avalon Drive, Mercer Island | Offered at $9,590,000

5 Beds | 5 Baths | 5,390 Square Feet

Delight in unobstructed stunning Mt. Rainier views from the private dock and airy and light five-bedroom, five-bath residence. An unusually large, flat lawn and multiple entertaining decks invite seamless indoor-outdoor living for all to enjoy along with 69 feet of rare, low-bank shoreline, and a covered boat slip. 

Represented by Robyn Kimura Hsu and Rachel Schindler

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Mercer Island | Offered at $28,000,000

5 Beds | 5 Baths | 8,420 Square Feet

The result of a visionary partnership between Robert Maloney Architects and Thom Schultz and Mercer Builders, this gated European-inspired estate reflects a seamless union of design excellence and masterful construction. Set on over an acre with 100 feet of prime west-facing, no-bank Mercer Island waterfront, offering sweeping lake and city views, a rare private beach, and a dock with boatlift and cover. 

Represented by Becky Gray

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