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
17444 NE 40th Pl, Redmond, WA 98052 MAP
2 Bed 
2 Baths | 1,572 Sq. Ft.
Lake Villas Condominiums ~ Redmond
Available July 15 ~ Live the vacation lifestyle year-round at the gated Lake Villas community on the shores of Lake Sammamish. Tucked among beautifully maintained grounds in a true resort-style setting, this unique waterfront community offers an exceptional collection of amenities including a sparkling outdoor pool, hot tub, sauna, fitness center, clubhouse, private lakefront access, and kayak/paddleboard storage. Peaceful, private, this special residence offers a rare opportunity to enjoy resort-style living in one of Redmond's most distinctive communities. Photos simply do not capture the experience of being here.
This beautifully updated 2-bedroom, 2-bath home enjoys lake views, abundant natural light, and luxurious finishes throughout. The open living, dining, and kitchen spaces are perfectly positioned to capture the peaceful views beyond. The living room is anchored by a gas fireplace, hello instant ambiance. The well-appointed kitchen features stainless steel appliances, generous storage, and an adjacent coffee bar and open pantry area. Entertain with ease thanks to the wet bar complete with a beverage refrigerator and ice maker. The spacious primary suite enjoys direct access to the deck, ample closet space, and en suite bath with walk-in shower, plus a second vanity area. A generously sized second bedroom is served by a nearby hallway full bath with tub and shower. A dedicated laundry room completes the layout.
An expansive covered deck extends the living space outdoors, providing a serene setting for morning coffee, evening relaxation, or year-round enjoyment of the picturesque lakeside setting. A convenient storage locker is located just off the deck.
One covered parking space with EV charger included in the rent! Water, sewer and garbage services also included in the rent. Tenant pays for electricity, gas and cable/WIFI. Security deposit equal to one month’s rent includes a nonrefundable cleaning fee. Renter’s Insurance required. No pets, thank you. No smoking.
Lake Villas enjoys a prime Redmond location just minutes from Microsoft, SR-520, the new light rail station, and Redmond Town Center. Outdoor enthusiasts will appreciate close proximity to Idylwood Park, Marymoor Park, Lake Sammamish, and an extensive network of trails, making it easy to enjoy the best of both recreation and convenience.
For more information or a viewing, please contact Lisa Russell, Avenue One Residential, Seattle, WA - lisa@avenueoneresidential.com, 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: $4,200
- Application Fee: $60
- Security Deposit: $4,200
- Available 7/15/26
Pet Policy
- Cats not allowed
- Dogs not allowed
Amenities
- Fitness Room
- Lake Sammamish Access
- Outdoor Swimming Pool
- Spa and Sauna
- Private Community with Waterfront Amenities
- Community Lounge
- One Reserved Parking Space with EV Charger Included
Utilities Included
- Water/Sewer/Garbage
Appliances
- Stainless Refrigerator
- Stainless Range
- Stainless Dishwasher
- Microwave
- Washer/Dryer
- Beverage Cooler
- Ice Machine