Charming Magnolia Rental Properties
Magnolia offers a uniquely peaceful, “oasis-in-the-city” lifestyle, perched on a hilly peninsula just northwest of downtown Seattle. Known for its quiet, tree-lined streets and a strong sense of community, the neighborhood feels miles away from the urban bustle while remaining only a 15-minute commute from the city center. Residents are drawn to the 534-acre Discovery Park, Seattle’s largest green space, which features miles of trails, rugged sea bluffs, and the historic West Point Lighthouse. The neighborhood’s heart is “The Village,” a charming commercial district filled with local boutiques, cozy cafes, and family-owned restaurants that foster a classic, small-town atmosphere.
Living and Renting in Magnolia, WA
Finding a home in this prestigious area is an elevated experience when exploring our portfolio of Magnolia rental properties. The local market features a diverse mix of housing, from stately mid-century modern homes and classic Craftsman houses with views of Puget Sound to sleek, contemporary condos near Interbay. Renting in Magnolia provides the perfect balance of suburban tranquility and high-end urban living, supported by top-rated schools like Catharine Blaine K-8. At Avenue One, our dedicated management team ensures a seamless leasing process, helping you find a high-quality residence that captures the breathtaking vistas and sophisticated charm of this iconic Seattle peninsula.
Search for Cities We Serve In
Avenue One Residential services the greater Seattle area. Here is a short list of a few cities and neighborhoods that we’re proud to service:
Seattle
Bellevue
Kirkland
Mercer Island
Renton
Issaquah
Redmond
Ballard
Queen Anne
Magnolia
Downtown Seattle
Capitol Hill
West Seattle
Edmonds
Bothell
Lynnwood
Please contact us directly to inquire regarding a specific location.
What People Say About Our Leasing Team
We were living in a property managed by them in Magnolia and they were totally professional. All the maintenance issues were addressed on time and I would happily recommend them to anyone. Yes, I had a larger portion of my deposit deducted during my move out, but we were going through a lot at that time personally, and the entire process was totally hassle free.
– Vivek B.
Avenue one is the best! I just moved back to Seattle from LA and ended up in the most perfect building on Queen Anne through Avenue One! The team is so kind and attentive, and the building is beautifully maintained. Would highly recommend them for anyone looking for a great leasing company!
View Available Magnolia Rental Properties
7800 SE 27th St #305, Mercer Island, WA 98040 MAP
2 Bed 
2 Baths | 1,899 Sq. Ft.
7800 Plaza Condominiums ~ Mercer Island
Available July 24th ~ Enjoy refined island living in this stylish and spacious 2-bedroom + DEN condo in the heart of desirable Mercer Island. Offering nearly 1,900 square feet of thoughtfully designed living space, this beautiful corner residence combines comfort, functionality, and an exceptional downtown location.
A formal entry welcomes you into the expansive living room, where high ceilings and abundant natural light create an inviting atmosphere. The generous dining area is ideal for both everyday living and entertaining - a nice extension of living space. The well-appointed kitchen boasts abundant countertop space, stainless steel appliances, including gas cooktop/range, and a convenient built-in desk—perfect for meal planning, or managing daily tasks. The spacious primary suite serves as a private retreat, featuring a sitting area, peaceful park views, a walk-in closet, and a luxurious five-piece bath. A second bedroom is bright and generously sized, while the versatile den provides an ideal space for a home office, media room, or reading nook. Additional conveniences include an in-unit utility room with washer and dryer and a private balcony—perfect for morning coffee or unwinding while enjoying the fresh air.
Ideally located just moments from shops, restaurants, parks, and easy access to both Seattle and Bellevue, this exceptional home offers the perfect blend of space, style, and convenience.
Two reserved parking spots in secure garage as well as storage unit are included in rent! No pets, thank you. No smoking.
Water, sewer, garbage and gas utilities are included in the rent. Tenant pays electricity and cable/WiFi, along with the $300 HOA-assessed move in fee. Security deposit equal to one month's rent includes a nonrefundable cleaning fee. Renter's Insurance required.
7800 Plaza is located in the heart of downtown Mercer Island where retail, restaurants and a pretty sculpture park are right outside your door. Easy I90 access gets you to Seattle or Bellevue in a snap!
For more information, or to schedule a tour please contact Lisa Russell, Avenue One Residential, Seattle, WA at lisa@avenueoneresidential.com or 206-356-9851.
To review our application screening criteria, please copy and paste this link into your browser: https://www.avenueoneresidential.com/wp-content/uploads/2024/10/Screening-Criteria-2.pdf
Rental Terms
- Rent: $5,000
- Application Fee: $60
- Security Deposit: $5,000
- Available 7/24/26
Pet Policy
- Cats not allowed
- Dogs not allowed
Amenities
- Private Deck
- 2 Reserved Garage Parking Spaces
- Storage Unit Included
- 2 Bedrooms PLUS Office
- Amazing Mercer Island Location
Utilities Included
- Water/Sewer/Garbage
- Gas
Appliances
- Stainless Refrigerator
- Gas Cooktop/Oven
- Stainless Dishwasher
- Microwave
- Washer/Dryer