Grace Alvarado

Grace Alvarado

Real Estate Broker
206.245.9575
terrakeyhomes@gmail.com

Grace W. Alvarado is more than a real estate broker—she's a trusted advisor, skilled negotiator, and strategic partner dedicated to helping clients navigate one of life's most important financial decisions. With more than 20 years of experience spanning real estate, finance, construction, and development, Grace combines market expertise, business insight, and genuine care to deliver exceptional results. Armed with a Bachelor's degree in Business Administration and Marketing, Grace has built her career on integrity, innovation, and a passion for helping individuals and families build long-term wealth through real estate.

Whether assisting first-time homebuyers, seasoned investors, luxury home sellers, or clients navigating major life transitions, she brings professionalism, precision, and personalized guidance to every transaction. Grace is known for helping clients navigate significant financial and lifestyle transitions with confidence, compassion, and clarity. Clients appreciate her honest communication, strong negotiation skills, creative marketing strategies, and ability to simplify even the most complex transactions while keeping their goals at the center of every decision.

Grace's dedication to excellence has earned her numerous industry accolades, including the 2021 Pierce County National Association of Realtors Special Achievement Award and multiple top individual production honors with Keller Williams Tacoma. She also served for several years on the Agent Leadership Council, where she mentored fellow real estate professionals, collaborated on leadership initiatives, and helped support the growth and success of her brokerage community.

Outside of real estate, Grace is passionate about making a difference through service. She volunteers with organizations such as Make-A-Wish Foundation, Compassion International, Young Life, and Go On The Mission. Her commitment to giving back led to being recognized by Make-A-Wish for her volunteer efforts. She also participates in Community Emergency Response Team (CERT) initiatives, reflecting her belief that strong communities are built through leadership and service.

When she's not helping clients achieve their real estate goals, Grace enjoys hiking, staying active, traveling, and cheering on the Seattle Seahawks. She's a proud wife, mother, and dog mom to an energetic yellow Labrador who keeps life fun and adventurous. For Grace, real estate is about far more than buying and selling homes. It's about creating opportunities, building lasting wealth, and helping people move confidently into their next chapter.

New Listings

7709 Fairway Avenue SE Unit #203, Snoqualmie
$615,000
3 Beds ⋅ 2 Baths ⋅ 2587121 MLS ⋅ Falls At Snoqualmie Condo BLDG.
Set in the heart of Snoqualmie Ridge, this 3 bed, 2 bath and 1,319 sq ft condo is centrally connected to everything the Ridge has to offer. Move-in ready: updated & freshly painted, this is flexible, easy-care, low maintenance living. With a wall of south facing windows, natural light fills the Great Room. Wide plank engineered hardwood flooring throughout the entire home is complemented by contemporary kitchen and bathroom updates. The kitchen features maple cabinets, stainless steel appliances, new quartz countertops & tiled backsplash. Plenty of cabinet space and raised breakfast bar for quick bites & casual conversation. Sliding doors in living area open to a balcony. The primary suite is a treat - a large room, with walk-in closet, and updated ensuite bathroom features double sinks, oversized walk-in glass shower and HEATED TILE FLOORS (rarely found in condos!) keeps your toes warm on chillier days. The second bedroom is adjacent to the hallway bathroom with laminate tile flooring and quartz countertops. A flexible third bedroom, with double French glass doors & its own closet, also works beautifully as a den or home office. A dedicated laundry area with built-in cabinetry adds practical storage, while the oversized one-car garage with storage nook provides additional room for bikes, gear & more. Rental cap not met & well managed HOA. Added flexibility for buyers purchasing for a relative: per HOA guidelines, rentals to relatives do not count toward the community rental.

7709 Fairway Avenue SE Unit #203, Snoqualmie

Listing Broker: Windermere Real Estate/East; Ali Mills; 425-753-1810; Alimills@windermere.com

4408 E Mercer Way, Mercer Island
$2,998,000
5 Beds ⋅ 4 Baths ⋅ 2589293 MLS
Certain features just stand out when you walk into this home. Maybe it's the way the vaulted ceilings and walls of glass pull in the ever changing views of Lake Washington, or how every room feels connected to the outdoors. Mornings begin with the sun rising over the lake, evenings end on the rooftop deck, and in between there's plenty of room to gather, celebrate, or simply enjoy a quiet night at home. The remodeled kitchen and generous living spaces flow effortlessly onto a deck that stretches the length of the house, overlooking a level backyard and the kind of peaceful setting where eagles and deer are regular visitors. The primary suite is a retreat of its own with a fireplace, soaring ceilings, a spacious bath, and an adjoining room that can be a home office, nursery, fitness room, or inspiring art studio. Two additional bedrooms continue the theme with vaulted ceilings and abundant natural light. Above the 3-car garage is a completely separate space that's ideal for anyone working from home, with room for several people to work comfortably. It could also be easily transformed into an ADU for guests, extended living, or rental income. The lower level was designed for making memories, with room for movie nights, a pool table, additional bedrooms, a sauna, and easy access to the backyard. Tucked into Mercer Island's north end, you'll enjoy quick access to Mercerwood Shore Club, schools, parks, and I-90, while feeling surrounded by nature every day.

4408 E Mercer Way, Mercer Island

Listing Broker: John L. Scott, Inc.; Lori Holden Scott; 206-232-8600; Lorih@johnlscott.com

317 NE 58th Street, Seattle
$1,420,000
5 Beds ⋅ 4 Baths ⋅ 2589320 MLS
Prime Green Lake location offering timeless 1912 character, a true systems-first renovation & unbeatable walkability! Original boxed beam ceilings, wainscoting & gracious living/dining proportions remain, while the owners invested $500K into what most buyers never see. Groundworks—the nation's largest foundation company—reinforced the foundation under full City permit with independent third-party geotechnical oversight, carrying a lifetime, transferable warranty. Knob-and-tube wiring & galvanized plumbing were fully removed, the main water line replaced, windows replaced throughout & the home re-insulated to code, delivering genuine quiet & even temps room to room. A high-efficiency heat pump with a second upstairs return duct ensures balanced comfort, & the panel was upgraded to 200A and EV-ready. Every bath was rebuilt to the studs; the kitchen opened to the backyard with upper-tier cabinetry & a full KitchenAid package. Also included: a new 50-year transferable-warranty roof, a decommissioned oil tank & a completed inspection/sewer scope on request—every big-ticket item is already done. Out back, a level yard & sunny south-facing deck catch sun all afternoon; upstairs, take in city, mountain & University views. Set on a quiet, friendly block, it's a 10-minute walk to Green Lake, 12 min to Whole Foods & steps from light rail & the 62 bus line, with top-rated schools & easy parking nearby.

317 NE 58th Street, Seattle

Listing Broker: Skyline Properties, Inc.; Wei Li; 425-753-2831; weili@seahomepedia.com

405 Tacoma Boulevard, Algona
$420,000
1 Beds ⋅ 1 Baths ⋅ 2589124 MLS
Welcome Home to this charming Algona property offering the perfect combination of updates, space, and opportunity! This 1-bedroom, 1-bath home sits on an extra-large lot of more than 1/3 acre and backs directly to the Interurban Trail, creating a unique setting with room to garden, entertain, or simply enjoy your own private outdoor space.Inside, you'll find newer engineered hardwood flooring throughout, vinyl windows, updated copper plumbing, and updated electrical. The newer roof provides added peace of mind, while the efficient layout makes the most of every square foot.The detached garage is a standout feature, offering both 110V and 220V power plus plumbing—ideal for a workshop, hobbyist, additional storage, or future possibilities. An additional shed off the back of the garage provides even more storage.Outside, this property truly shines! Irrigation supports an impressive variety of established fruit and garden plants, including apple trees, blueberry bushes, plum trees, and more, along with over 100 feet of grape vines. With this much land, there is plenty of room to bring your gardening and outdoor living ideas to life.Conveniently located with easy access to Hwy 167, Hwy 18, and I-5, making commuting a breeze. Close to major shopping, dining, and everyday amenities, yet tucked away on a spacious lot backing to the trail. Come see all this unique Algona property has to offer!

405 Tacoma Boulevard, Algona

Listing Broker: eXp Realty; Kristi Ann Kaylor; 206-371-2930; kristikaylorrealestate@gmail.com

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Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. All listings provided by IMLS are marked with the official IMLS IDX icon.

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 PACMLS