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

$526,500

2 Beds ⋅ 2 Baths ⋅ 2573739 MLS ⋅ Seneca 8 BLDG.

Live in the heart of First Hill with convenience, comfort, and city access at your doorstep. This spacious, freshly painted, condo is filled with natural light! The expansive living area is anchored by a cozy fireplace and a wall of floor-to-ceiling windows that open to a private juliet balcony, providing views during the day, and sparkling city lights at night. The primary suite boasts a large closet and private bath, while the spacious second bedroom provides the flexibility of a guest room, home office, or both. Enjoy the added comfort of A/C and in-unit washer/dryer, and the convenience of an oversized parking space in a secure garage and an additional storage unit. Seneca 8 amenities include an on-site manager, fitness room, shared owners lounge with kitchen, and a large outdoor community deck with seating areas and grills. Ideally situated with easy access to Downtown, South Lake Union, and Capitol Hill—as well as I-5, SR 520, and I-90 making exploring the city or commuting a breeze.

1120 8th Avenue Unit #1603, Seattle

Listing Broker: Redfin; Kiley Lazarus; 206-604-5787; kiley.lazarus@redfin.com

$274,950

2591563 MLS

Enjoy the perfect blend of close-in country living with space to spread out while staying conveniently connected. Located just 5 miles from Costco and other Bonney Lake shopping and restaurants, and just down the street from the vibrant Tehaleh community with its many parks and trails. This 1.21-acre property features a moderately forested, classic Pacific Northwest setting with mature evergreens providing a private backdrop. Zoned Suburban Residential (SR) with electric on site, the level terrain offers wonderful flexibility for your vision - whether you are planning a custom home, shop, or an outdoor retreat. (Note: the neighboring home at 16511 193rd Ave E is also available for purchase, MLS #2591546, offering a unique opportunity to acquire both adjacent properties together!) Situated within the desirable Sumner-Bonney Lake School District, this parcel provides peaceful surroundings, room to breathe, and a lifestyle that seamlessly balances privacy with accessibility. Buyer to verify all information to their satisfaction.

16421 193rd Avenue E, Bonney Lake

Listing Broker: John L. Scott, Inc; Josh Hall; 253-267-8585; joshhall@johnlscott.com

$469,500

3 Beds ⋅ 2 Baths ⋅ 2591602 MLS ⋅ Terry Lane 3rd Add BLDG.

$10,000 buyer concession for % rate buy-down and/or closing costs. Welcome to this well-maintained single-level home offering 3 bedrooms and 2 bathrooms (3/4 bath & 1/2 bath). Living room features a wood stove and flows into the updated kitchen with casual eating space and an adjoining dining room that could be used as a family room. Hardwood and laminate flooring, double-pane windows, a security system, an electric furnace and heat pump installed in 2017, and a newer composition roof are just a few of the highlights. The home and detached garage have freshly painted exteriors, and all appliances stay including washer and dryer. Outside, enjoy a large partially covered patio, hot tub with covered gazebo, fully fenced level yard, and established apple, cherry, and pear trees. There’s exceptional space for vehicles, toys, hobbies, and projects with an attached 2-car garage, detached 2-car shop, additional shed/outbuilding, RV parking, and driveway parking for approximately 10 vehicles. Security cameras included. Conveniently located near shopping, dining, major freeways, JBLM, and outdoor recreation.

1008 151st Street E, Tacoma

Listing Broker: Toril Sells Houses Team; Toril Schoepfer; 253-350-2638; toril@torilsellshouses.com

14124 NE 181st Place Unit #H302, Woodinville

$317,950

2 Beds ⋅ 1 Baths ⋅ 2592845 MLS ⋅ Timber Ridge BLDG.

Welcome to Timber Ridge, nestled in the heart of Woodinville Wine Country! This charming third floor condo offers a spacious and inviting living area with a cozy wood burning fireplace, fresh interior paint, and brand new carpeting throughout. Step outside onto your private patio and enjoy the fresh air with comfortable separation from neighboring buildings. Enjoy low maintenance living with HOA dues covering everything except electricity, along with fantastic community amenities including an outdoor pool, clubhouse, fitness center, and hot tub. The fitness center and hot tub are available year round, adding exceptional value to the community. Ideally located within walking distance of downtown Woodinville, where you'll find renowned wineries, award-winning restaurants, shopping, and entertainment. Outdoor enthusiasts will appreciate being just minutes from beautiful parks and scenic walking, running, and hiking trails. Located within the highly acclaimed Northshore School District, this home offers the perfect blend of comfort, convenience, and Woodinville Wine Country living! No special assessments!

14124 NE 181st Place Unit #H302, Woodinville

Listing Broker: COMPASS; Julian Flunder; 425-299-5858; julian.flunder@compass.com

$1,498,000

3 Beds ⋅ 3 Baths ⋅ 2593095 MLS

Discover a peaceful retreat tucked at the end of a quiet cul-de-sac, where mature trees, striking natural boulders, and a park-like setting create privacy just minutes from the city. Inside, vaulted ceilings and a dramatic wall of windows bring the surrounding greenery into the spacious living room, where a fireplace creates a cozy gathering place. The kitchen connects seamlessly to the sitting and dining areas, creating an inviting great-room layout for everyday living and entertaining. Skylights, abundant windows, and fresh paint throughout enhance the home's bright, welcoming feel. With three bedrooms, three baths, a den, and a versatile lower level, there's room to live, work, host, and unwind. Previously used as a home office, guest suite, and second living area, these flexible spaces offer possibilities for today's changing lifestyles. Enjoy a serene residential setting with convenient access to downtown Bellevue, Seattle, and Sea-Tac Airport. Located in Bellevue Schools: Somerset, Tyee Middle, and Newport High. A peaceful setting, versatile living spaces, and city convenience come together in a home ready to be enjoyed.

4679 144th Place SE, Bellevue

Listing Broker: Windermere Real Estate/East; Stephanie J. Kristen; 206-200-0222; stephaniek@windermere.com

$1,325,000

4 Beds ⋅ 3 Baths ⋅ 2593133 MLS ⋅ Lumina BLDG.

{{Contemporary elegance & thoughtful design}} define this distinctive new-construction townhome where soaring 12-foot cathedral ceilings bring volume + architectural character to the light-filled interiors. The heart of this chic property is a chef-inspired kitchen featuring an oversized waterfall-edge island, ceiling-height cabinetry, quartz counters, & an in-drawer microwave. The adjoining dining area creates a natural setting for gathering & entertaining, while a generous walk-in butler pantry w/ butcher block counters, a sink, & open wood shelving adds valuable prep space. The great room invites relaxation, w/ custom built-ins, a striking feature fireplace & sliding doors to the patio. The versatile main level includes a 4th bedroom and a ¾ bath, offering flexibility for guests, hobbies, multigenerational living, or a dedicated home office. Upstairs, the primary suite offers a private retreat complete w/ a fireplace, a walk-in closet & beautifully appointed en-suite featuring a frameless, zero-curb tiled shower, double vanity, wall-mounted Delta fixtures, + heated floors for that sanctuary spa feel. 2 additional bedrooms, a hall bathroom, utility room & large linen closet complete the second floor. 2-car garage & fenced front yard w/ patio; this home balances refined interiors with everyday functionality. Perfectly situated within walking distance of downtown Bothell, w/ dining, coffee, parks & trails just minutes away, bringing convenience & connection to the everyday.

18603 B 104th Avenue NE, Bothell

Listing Broker: eXp Realty; Troy Anderson; 206-504-3660; concierge@tendhometeam.com

$649,950

3 Beds ⋅ 2 Baths ⋅ 2592993 MLS

Move-in ready North Bend rambler on a usable .45-acre cul-de-sac lot with mountain views. 1,790 square feet with an easy open floor plan: updated kitchen, formal dining, laundry, and a second living area off the kitchen that walks out to a 500 sq ft back deck. Three bedrooms and two full baths on one level, including a spacious primary suite with walk-in closet. Fenced backyard plus patio and hot tub. Work shed and garden shed. Wide front parking for up to six vehicles, RV, boat, or toys no garage, no basement. 1990 Fleetwood double-wide manufactured home. Public water (Sallal), septic, electric forced air. Vinyl plank and carpet. Dishwasher, dryer, refrigerator, range, and washer stay. Walk to Opstad Elementary; bus to Twin Falls Middle and Mt. Si High in the Snoqualmie Valley district. Quiet setting with quick access to waterfalls, hiking, and skiing, and small-town North Bend amenities.

43230 SE 140th Street, North Bend

Listing Broker: Homes Northwest; Paul Nelson; 206-261-7355; paulandc@gmail.com

$500,000

3 Beds ⋅ 2 Baths ⋅ 2592940 MLS ⋅ Derbyshire #4 PP ACT MH Plat BLDG.

Discover comfortable, easy living in this beautifully updated, single-level home, ideally located at the end of a cul-de-sac on a generous 1/4 acre fully fenced lot. Offering 3 bedrooms, 2 bathrooms, and 1,248 square feet of living space, the inviting open-concept floor plan seamlessly connects the living, dining, and kitchen areas. Vaulted ceilings enhance the sense of space, while attractive laminate flooring and a crisp white kitchen with a center island create a fresh, welcoming atmosphere. A wood-burning fireplace adds warmth and character to the living area. The thoughtfully arranged floor plan features a private primary suite separated from the two additional bedrooms and the built-in office space adds to the convenience and flow of this turnkey home. Outside, enjoy a spacious covered deck overlooking the yard, with room for gardening, entertaining, or simply relaxing amid the natural surroundings. Additional highlights include outbuildings for storage and ample off-street and RV parking. Conveniently located near shopping, dining, schools, and everyday amenities, this property offers a wonderful combination of indoor comfort, outdoor space, and accessibility. Come explore this inviting home and imagine the possibilities!

27236 116th Place SE, Kent

Listing Broker: Engel & Voelkers Seattle DT; Julie Fontanez-Laing; 206-623-9697; julie.fontanez@evrealestate.com

$679,500

3 Beds ⋅ 1 Baths ⋅ 2590670 MLS ⋅ Yates Addition BLDG.

Skip the condo and enjoy a house with your own yard! This beautifully renovated, move-in-ready 3-bedroom Meadowbrook bungalow blends original 1925 charm and hardwood floors with an open, inviting layout perfect for everyday living and entertaining. A spacious covered back porch opens to a fully fenced backyard with raised garden beds and plenty of room for pets, gardening, outdoor dining, or gathering around a fire pit. Situated on a generous 6,920 sq. ft. lot with off-street parking, directly across from the Jane Addams soccer field and minutes from Meadowbrook Community Center, parks, restaurants, shopping, and transit. Enjoy the freedom of single-family living without condo HOA dues. Explore the potential for a future backyard cottage (DADU) or another unit or two when you are ready to grow. Recent improvements include a new roof, electrical and drainage upgrades. Why settle for a condo when you can have a home, a yard, and room to grow? Schedule your private showing today!

11017 31st Avenue NE, Seattle

Listing Broker: RE/MAX Gateway; Maria Lindberg; 360-739-6789; maria@pacificpartnersre.com

$749,950

3 Beds ⋅ 3 Baths ⋅ 2591546 MLS

Nestled in a quiet community just down the street from the vibrant Tehaleh community with its scenic parks & trails, this fantastic home offers the ultimate private sanctuary on a lush, tree-lined 1.22-acre lot. Designed for both comfort & peace of mind, the property features major updates including a newer roof, heat pump, and A/C. Inside you’ll enjoy brand-new carpet, fresh interior paint, and an inviting layout. The main level includes a spacious living room centered around a cozy wood stove, flowing seamlessly into the dining area and generous kitchen complete with a garden window, sleek black appliances, and a large pantry. Step outside onto the expansive covered deck to relax or host gatherings while overlooking your serene backyard oasis. The lower level provides exceptional flexibility, offering a large family room, hot tub room, a versatile office, a bonus/guest room, and brand-new LVP flooring in the half bath. Additional highlights include an attached 2-car garage and a long driveway with ample space for RVs, trailers & guests. Enjoy peaceful country living while remaining just a few miles from the Bonney Lake shopping district. Plus, Bonus Opportunity: The neighboring 1.21-acre vacant lot is also available for purchase - an incredible chance to expand your footprint or create your dream property. Your private sanctuary awaits - schedule your showing today!

16511 193rd Avenue, Bonney Lake

Listing Broker: John L. Scott, Inc; Josh Hall; 253-267-8585; joshhall@johnlscott.com

$599,500

3 Beds ⋅ 2 Baths ⋅ 2593103 MLS

Meticulously maintained and recently painted with charm and class. Quiet, well established neighborhood on an excellent cul de-sac- with a beautiful, landscaped front, back and side yard. Mature trees provide excellent shade and privacy. Raspberries with a nice garden area. common area adjacent to the side yard of property provides extra space for quietness or activities.

649 C Court, Enumclaw

Listing Broker: Engel & Voelkers Bellevue; Dale Rasmussen; 425-324-5704; dale.rasmussen@evrealestate.com

$1,868,000

4 Beds ⋅ 4 Baths ⋅ 2593125 MLS ⋅ 16654 NE 12th St Condominium BLDG.

East Bellevue new construction with the floor plan buyers are looking for: four bedrooms on the upper level, a private lower-level office, attached two-car garage, mudroom, fenced yard, and refined designer finishes minutes from Bridle Trails, Lake Sammamish, Microsoft, and Bellevue amenities. The main level offers an open, light-filled layout with a seamless connection between the kitchen, dining, and living spaces. The kitchen features a large island, JennAir appliance package, custom cabinetry, and elevated finishes that bring both style and function to the heart of the home. The living area is anchored by a fireplace and opens to the fenced outdoor space, creating an easy flow for everyday living and entertaining. Upstairs, all four bedrooms are thoughtfully positioned on one level, including a spacious primary suite with a spa-inspired bath and walk-in closet. The lower-level office provides valuable flexibility for working from home, hobbies, or additional lifestyle needs. A mudroom, attached two-car garage, and smart storage throughout add practical convenience to the home’s modern design. Located in a convenient East Bellevue setting near parks, trails, Lake Sammamish, major employers, shopping, dining, and commuter routes, this home offers new construction comfort, thoughtful design, and a highly functional layout in one of Bellevue’s most connected locations.

16654 NE 12th Street, Bellevue

Listing Broker: The Agency Seattle; Melissa Harris; 206-853-9825; melissa@melissaharrisre.com

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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