Live on the Water in Seattle for $125,000!

A true floating lifestyle, Lake Union waterfront, city and mountain views, spacious decks, and even glimpses of the Space Needle make 2401 N Northlake Way in Seattle, Washington one of the more unusual properties available at this price.

Currently listed at $125,000, this 1979 Cruise-a-Home offers approximately 290 square feet, 2 sleeping areas, and 1 three-quarter bathroom. It sits in a covered slip at Seattle Marina on Lake Union.

Most importantly, this is not a conventional house with land included. The vessel occupies a leased marina slip with advertised moorage of $760 per month plus utilities.

Reduced from $149,000

The floating home originally came to market in September 2025 at $149,000.

After multiple reductions, it is now listed for $125,000, representing a total reduction of $24,000 from the original asking price.

Compact but Clever Interior

At approximately 290 square feet, every inch of interior space matters.

The floating home has been updated with brand-new flooring, helping give the compact interior a fresher appearance.

The layout includes a living area, kitchen with eating space, two sleeping areas, and a three-quarter bathroom—all arranged on one level.

Updated Kitchen

The kitchen has also received updates and includes a cozy sitting or dining nook.

A refrigerator and stove/range are currently listed as included with the sale.

While the kitchen is compact, its arrangement is designed around the limited footprint of the vessel.

Two Sleeping Areas

The current MLS identifies 2 bedrooms, although the listing description more accurately refers to them as two sleeping areas.

Given the unusual nature and small size of the property, buyers should verify exactly how these spaces are classified and configured rather than comparing them directly with bedrooms in a conventional house.

Spacious Waterfront Decks

Outdoor space is a major part of the appeal.

Despite having only 290 square feet inside, the vessel offers multiple deck areas where you can relax directly over the water.

The covered marina slip helps make the outdoor spaces more usable throughout Seattle’s changing seasons.

Lake, City & Mountain Views

Views are one of the strongest reasons to consider this property.

The MLS identifies Lake Union, city, mountain, and territorial views, while the listing also highlights peek-a-boo views of the Space Needle.

For someone who has always wanted to experience Seattle waterfront living, this offers a very different alternative to a traditional condo.

Gated Marina & Parking

The vessel is located inside a gated marina, adding privacy and controlled access.

Off-street parking is also available—an important convenience in Seattle.

The location puts residents within minutes of the University of Washington, grocery stores, shopping, restaurants, and everyday amenities.

Built for Life on the Water

The Cruise-a-Home includes a 250-gallon fuel tank, 150-gallon freshwater tank, and 76-gallon waste tank.

Heating is provided by an electric heat pump, while no air-conditioning system is listed.

Public water is identified, but there is no conventional sewer connection, making its onboard systems another important consideration for buyers.

$760 Monthly Moorage

The biggest recurring expense beyond the purchase price is the marina slip.

Current moorage is advertised at $760 per month plus utilities.

Buyers should confirm the current slip agreement, marina approval requirements, insurance, utilities, financing options, maintenance responsibilities, future moorage increases, and whether the slip transfers with the vessel before purchasing.

Listed at $125,000

For $125,000, this isn’t simply a tiny Seattle home—it’s an entirely different way of living.

With Lake Union waterfront, two sleeping areas, updated flooring and kitchen, multiple decks, gated marina access, and views toward the Seattle skyline, this Cruise-a-Home offers a unique alternative for someone who wants to live directly on the water.1st image of 2401 N Northlake Way

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Listed on Zillow

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