Downtown Kirkland is about to get a major upgrade with Central Peak Residences, a new boutique condo project from local developer Cordillera Homes. This four-story, 26-unit building is rising where the old U.S. Bank stood, just steps from Marina Park, and it’s designed for those who want luxury living without the fuss.

Homes here range from about 1,150 to 2,400+ sq ft, with smart tech, EV-ready parking, and big balconies or terraces perfect for soaking up the Kirkland vibe. Prices start just over $1 million and can go north of $3 million for penthouses.

What’s cool is that this isn’t just about a flashy building — it reflects a bigger trend on the Eastside. While Bellevue’s high-rises grab headlines, the real action is quietly happening with these low-rise, boutique-style condos and townhomes. Buyers, especially those 55 and up, are craving homes that are stylish, easy to maintain, and right in the middle of walkable neighborhoods with cafes, parks, and shops nearby.

Recent changes to condo laws and better builder insurance have helped projects like Central Peak break ground, while a strong local market and cash-ready buyers keep things moving — even with higher interest rates.

Sales start this fall, with move-ins planned for 2027. Plus, expect a neighborhood café and rooftop terrace to make this building feel like a real community.