Here's a fun comparison of the 1940's Ballard / Seattle shoreline and the current view from Google Earth.
The now view is of the Seaview Avenue shoreline at the entry to Salmon Bay and Shilshole Bay at the location of the now Ray's Boathouse, former Anthony's, Ballard Elks Club, Sunset West Condos and the south corner of Shilshole Bay Marina.
The bit of land across the channel is the NE corner of the Magnolia neighborhood.
The 1940 view shows a different less developed shoreline with the reindeer ship, the SS Bering beached in front of the now Elks Club. In the 1940's, the Tregoning Boat Company was located there.
I believe the Ballard ferry landing was just south of (or above here) of Ray's Boathouse (to Port Ludlow and Suquamish).
The older photo also shows more beach homes across from Seaview Ave. Only a few are left now along with a few condos and misc buildings.
From a surfing perspective, Point Shilshole is the point of land jutting out in the older photo. There's a nice wind swell rolling in and whitewater just offshore and along the shore.
Looks like a good surf spot. We surf freighter and wind waves on Shilshole Bay so without the extra development and marina, we'd have one more downwinding and shore break spot!
Below is a Now and Then view from the Ballard Elks Lodge with the SS Bering looking out into Shilshole Bay. The ship was burned to make way for development in the early 1960'. Now view from the Ballard Elks Sunset Cam.