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

2125 California Avenue SW Unit #302, Seattle
$549,950
2 Beds ⋅ 2 Baths ⋅ 2588670 MLS ⋅ Admiral Court BLDG.
Welcome to this bright and inviting 2-bedroom, 2-bath condo in the highly desirable Admiral District, where privacy, comfort and convenience come together beautifully. This home feels peaceful and private while keeping you close to everything West Seattle has to offer.Step inside and you’ll love the open-concept kitchen, dining and living space, designed for easy everyday living and effortless entertaining. Gather around the countertop seating, cozy up beside the gas fireplace, or step outside to enjoy your own private patio.The primary suite is your personal retreat, featuring a generous walk-in closet and a distinctive glass-block wall that brings character and natural light into the spa-like bath. The second bedroom has its own attached bathroom, making it ideal for guests, roommates, a home office or flexible living arrangements.And then there’s the storage—lots of it! From patio storage and generous interior closets to hallway storage and your own garage storage unit, there’s room for everything without sacrificing your living space.Enjoy the added convenience of secure building entry and a secure garage with TWO parking spaces—a rare and valuable bonus in West Seattle.Whether you're looking for your first home, a smart investment, or a place to enjoy everything the Admiral District has to offer, this condo delivers the combination of space, privacy, parking, storage and location.

2125 California Avenue SW Unit #302, Seattle

Listing Broker: John L. Scott R.E. Lake Tapps; Tom O'Connell; 206-898-4243; TomOConnell@JohnLScott.com

17803 SE 257th Street, Covington
$795,000
5 Beds ⋅ 4 Baths ⋅ 2576542 MLS
Welcome to this beautifully refreshed 5 bedroom, 3.25 bath, 3,220 sq ft home in the desirable Woodcreek community! Fresh interior paint and new blinds throughout create a bright, inviting feel. The welcoming entry opens to a large living space, which flows into a second living area with an open concept dining space and remodeled kitchen, creating a wonderful gathering space for everyday living and entertaining. The kitchen features quartz countertops and backsplash, soft close cabinetry, center island, pantry and new appliances. A cozy gas fireplace adds warmth to the living room, while the spacious layout extends outdoors to a huge back deck, perfect for entertaining and enjoying outdoor living. Upstairs, you’ll find generously sized bedrooms with walk-in closets, a versatile bonus loft and a spacious primary suite with an en-suite bath updated with a bidet and new light fixtures. The 3 car garage includes an additional bonus space built into the third bay, offering flexibility for a home office, hobby room, workout space or extra storage. Enjoy Woodcreek amenities including a large community park, sport court and picnic area, along with convenient access to Costco, LA Fitness, shopping, dining and everyday conveniences in Kent and Covington. Thoughtful updates, flexible living spaces and a fantastic location make this home a must see!

17803 SE 257th Street, Covington

Listing Broker: Redfin; Kappie Durr; 206-228-6084; kappie.durr@redfin.com

14548 SE 51st Street, Bellevue
$2,100,000
4 Beds ⋅ 3 Baths ⋅ 2580458 MLS ⋅ Horizon View BLDG.
Bring your vision to a compelling Bellevue property where sweeping 180-degree vistas extend from the Olympic Mountains to the Cascades. Set on a 20,100-square-foot lot in Horizon View, this 4-bedroom, 3-bath mid-century home captures Lake Washington, the Bellevue skyline, Mt. Baker & Lake Sammamish. Walls of windows frame Cascade sunrises, Bellevue’s evening lights & sunsets over Lake Washington toward the Olympics. The open floorplan offers an exceptional canvas to renovate, modernize or reimagine. The entry-level primary suite features a private view balcony, two walk-in closets & full bath with skylights. A second main-level view bedroom could also serve as an office. Downstairs, a spacious family/bonus room, two bedrooms, full bath & second kitchen offer flexibility for guests, multigenerational living or a potential ADU, subject to requirements. A wood-burning fireplace upstairs & gas fireplace downstairs add warmth to both levels. The fully fenced backyard features established fruit trees & garden areas, while two large rooms beneath the deck & garage provide valuable storage or workshop space. Two garages offer covered parking for four vehicles, & abundant additional parking. A secondary driveway provides rear access & potential for a future DADU or alternative configuration. Buyer to verify zoning, feasibility & requirements with the City of Bellevue. Located in the Bellevue School District, this distinctive property invites your architect, contractor & imagination.

14548 SE 51st Street, Bellevue

Listing Broker: Coldwell Banker Bain; Chad Hardisty; 425-941-8834; chadhardisty@cbbain.com

17804 164th Avenue NE, Woodinville
$3,780,000
5 Beds ⋅ 4 Baths ⋅ 2586828 MLS
This Hollywood Hill estate sits on two acres of meadow and forest with thoughtful architecture and a deep appreciation for the land. Inspired by Frank Lloyd Wright’s guidance to “identify the best feature of your land…and build somewhere else,” the home is positioned to honor its surroundings through tall windows, sight lines, and vaulted ceilings. Minutes from Woodinville’s wine country and within top rated Northshore schools, it offers a rare blend of privacy, design, and convenience. A cedar perimeter fence, circular driveway, motorized entry gate, buried utilities, and stormwater containment establish a secure future-ready setting. Wide hallways, doors, and stairs create an open, effortless flow. Hardwood flooring throughout and a dramatic floating staircase anchor the interior, complemented by tall casement windows and natural light. The home offers two primary suites: a main floor suite suited for multi-generational living, and an upper floor suite with exceptional daylight, numerous windows, beautiful slab-wall showers, and motorized shades. The Chef’s kitchen features a large island, solid cherry cabinetry, Wolf double ovens and six-burner cooktop, Subzero towers for fridge, freezer, and wine, multiple sinks, and walk-in pantry. Standing-seam metal roofing, Hardie siding, gas systems, fire sprinklers, Milgard windows, radiant-heated tile, extensive automation, and an EV charger complete a crafted estate—recently built but impossible to replicate today at this price.

17804 164th Avenue NE, Woodinville

Listing Broker: Coldwell Banker Bain; Ken Graff; 206-283-5200; ken.graff@cbrealty.com

9745 2nd Avenue NW, Seattle
$950,000
4 Beds ⋅ 3 Baths ⋅ 2588548 MLS ⋅ Greewood Avenue Add BLDG.
Beautifully updated 4-bedroom, 2.75-bath Greenwood home offering 2,080 sq. ft. of flexible living space on a generous 8,128 sq. ft. lot. The open main level features genuine hardwood floors in the living, dining and kitchen areas, complemented by crown molding, high baseboards, 2-panel doors, recessed lighting and new casement-style windows with top-down/bottom-up shades. The spacious kitchen is designed for gathering with granite countertops, soft-close cabinetry, tile backsplash, large island with pendant lighting and stainless steel appliances that stay. The main level features a primary bedroom with private bath and walk-in closet, plus a second bedroom and guest bath with tile shower surround and flooring. Downstairs offers two additional bedrooms, bath and a huge rec/theater room with plenty of space for movie nights, games, home gym or a separate living area. New carpet in the two upper bedrooms adds to the move-in-ready feel. Step outside to a large, level backyard with drought-resistant landscaping and plenty of room for gardening, play, pets or summer entertaining. Off-street parking and attached carport add everyday convenience. New solar panels installed April 2026 and a new electrical panel provide modern efficiency and potential energy savings. Convenient access to the D Line, shopping, dining, neighborhood amenities and local parks!

9745 2nd Avenue NW, Seattle

Listing Broker: Berkshire Hathaway HS NW; Ken Knoke; 206-295-2808; KenKnoke@BHHSNWRealEstate.com

421 2nd Street W, Kirkland
$3,998,000
4 Beds ⋅ 4 Baths ⋅ 2589117 MLS
West of Market Wonder - a designers dream and stunning residence in Kirkland’s coveted West of Market. Beautifully positioned on a quiet corner with views of Lake Washington, the Olympics, Mt. Rainier, and Heritage Park one block from DT Kirkland restaurants and shopping. Spanning three dramatic levels, the home is anchored by a showstopping glass staircase and bridge--an architectural centerpiece that earned a Platinum Award for Best Detail—and also includes a 3-floor elevator for effortless movement throughout. The main floor hosts the serene primary suite w/fireplace, private patio, two walk-in closets and sumptuous ensuite bath. Two additional bedrooms w/French doors and English gardens, a shared bath and laundry. The expansive top living space is show stopping with vaulted ceilings and a room that has no separation from the gourmet kitchen to the living spaces into an impressive, airy retreat with abundant natural light. Enjoy coffee and croissants in the morning w/French doors to a Juliette balcony overlooking the gardens. Or, sip tea and read in the cozy reading room. Expansive Living/dining area invites entertaining and flows out to the large patio with a retractable awning invites day-to-night enjoyment, stargazing, and incredible west-facing views. The lower level offers a bedroom with ensuite and a large bonus room. Tons of Storage. A three-car garage with shop and close proximity to downtown Kirkland and Waverly Beach complete this exceptional offering.

421 2nd Street W, Kirkland

Listing Broker: Realogics Sotheby's Int'l Rlty; Val Burmester; 425-652-2335; valerieburmester@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