Welcome to Providence Point


Living in Providence Point, WA

Tucked into the foothills above Lake Sammamish, Providence Point is unlike anything else in the area — a gated, resort-style 55+ community built around wellness, walkability, and a genuinely different pace of life than the family-oriented neighborhoods surrounding it. Developed by the Swanson-Dean Corporation between 1984 and 2004 on 161 rolling acres, it was one of the first active-adult communities of its kind in the Pacific Northwest, and it's remained one of the most established.

The community is organized into seven distinct villages, each with its own architectural character, spread across the property's wooded, view-oriented terrain and bordered by Laughing Jacobs Creek. For buyers downsizing from a larger Eastside home, or relocating specifically for an active-adult lifestyle, it's one of the most distinctive housing options in the region.

Providence Point Real Estate

About Providence Point

Providence Point is one of the Pacific Northwest's most established 55+ communities, offering a maintenance-free lifestyle with genuinely resort-style amenities on a wooded plateau overlooking Lake Sammamish. The mix of seven distinct villages, built out over two decades, gives buyers real variety in architectural style and unit size within one secure, gated setting.

Providence Point holds a notable place in Pacific Northwest retirement housing history — it was the first retirement development in the area to offer buyers the right to purchase their homes outright, rather than the lease or entry-fee models common at the time. Original units in the 1980s ranged from roughly $55,000 to $135,000; today's resale pricing reflects both the community's maturity and its enduring demand. The community remains resident-governed: nine elected volunteers serve on an umbrella board overseeing overall governance, while each of the seven villages elects its own board to manage village-specific policies and budgets.

Providence Point Housing Market

Providence Point offers something genuinely valuable: a meaningfully lower barrier to entry than the surrounding single-family markets, with median sale prices running $485,000 to $522,000. Recent pricing reflects a healthy correction of roughly 6.9% to 7.7%, opening real opportunity for buyers who've been priced out of the area's typical single-family homes. At around $390 per square foot — up a modest 1.2% over the past year — Providence Point continues to hold steady, long-term value. Homes here typically spend 20 to 50 days on market depending on unit type, giving buyers real room to compare options and make a confident decision.

The range across the community offers something for nearly every stage of life. Entry-level 1-2 bedroom condos start around $395,000 to $440,000, providing genuine affordability in a highly desirable area. Larger townhomes and attached villas with single-level layouts or attached garages run $525,000 to $675,000 and beyond, while premium units with territorial greenbelt or elevated neighborhood views offer an especially appealing combination of privacy and value, with a median listing baseline around $447,000.

Since this is exclusively condominium and attached housing rather than single-family, reach out to Melissa Waller for an accurate, current valuation on a specific Providence Point property.

Why Buy a Home in Providence Point?

For buyers 55 and older who want to downsize without sacrificing lifestyle, Providence Point offers a genuinely rare combination — resort-style amenities, a secure gated setting, and direct access to Lake Sammamish State Park and the surrounding wildland parks, all while staying close to shopping in both Sammamish and Issaquah and within easy reach of Seattle. Downsizing transactions come with their own set of considerations — HOA transfer rules, condo financing requirements, timing a sale alongside a purchase — and Melissa Waller's full-service approach for both buyers and sellers is built around exactly that kind of coordination.

Explore More Sammamish Neighborhoods