
Seattle, WA 98116
This Luxury Waterfront Condominium is a Strong Value Opportunity, listed at $1,295,000—positioned slightly above the $1,270,130 Fair Market Value. While the property carries a Fair Condition Rating due to its 1998 vintage, it offers an iconic lifestyle with Panoramic City and Space Needle Views and a Spacious 1,737 sqft Layout. Located near the Alki promenade and Water Taxi, it provides a unique urban-coastal balance. This residence is an ideal acquisition for Luxury Owner-Occupants or Discerning Professionals seeking a premier Seattle address.
Luxury 2-bed condo at Point Nautica, Seattle. Features panoramic Space Needle and Elliott Bay views, 1,737 sqft, and prime Alki Beach location. Move-in ready.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1005 Harbor Avenue SW #400 Subject 2 bd · 3 ba · 1,737 sqft · $731 | $1,295,000* List Price | 2 | 3 | 1,737 | $731 | - |
A 1170 SW Alki 300 Sold 2 bd · 2 ba · 1,614 sqft · $604 · 0.1 mi | $975,000 | 2 | 2 | 1,614 | $604 | 0.1 mi |
B 1210 Alki Avenue SW 601 Sold 2 bd · 2 ba · 1,742 sqft · $772 · 0.2 mi | $1,344,000 | 2 | 2 | 1,742 | $772 | 0.2 mi |
C 1333 Harbor Avenue SW 204 Sold 2 bd · 2 ba · 1,650 sqft · $773 · 0.3 mi | $1,275,000 | 2 | 2 | 1,650 | $773 | 0.3 mi |
D 1140 Alki Avenue SW 505 Pending 3 bd · 2 ba · 2,090 sqft · $550 · 0.1 mi | $1,150,000 List Price | 3 | 2 | 2,090 | $550 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is 28 years old, placing it in the 'Fair' category (>20y). While the listing describes it as luxury and mentions a new building roof, the interior photos show original-style wall heaters and finishes consistent with its age. Without a recent major renovation of the kitchen and baths, the systems and aesthetics are considered dated by modern standards.
This premium corner unit offers unobstructed, panoramic vistas of the Seattle skyline, Space Needle, and Elliott Bay, providing a front-row seat to ferry traffic and seasonal whale sightings.
The 1,737 sqft floor plan features two full primary suites plus a den, complemented by the rare convenience of two side-by-side parking spaces in a secure garage.
Located directly on the Alki promenade and just a half-mile from the Water Taxi, the property offers seamless access to downtown Seattle while maintaining a relaxed beach-resort atmosphere.
The association fee of $1,698 per month is relatively high, which may impact the overall affordability and appeal for budget-conscious luxury buyers.
With over 250 days on the market, the property may face perception challenges regarding its current list price relative to market velocity for units of this vintage.
Phenomenal City View! Luxury abounds from this 4th floor 1737 square foot Corner residence at the elegant Point Nautica Condominiums! The well-designed floor plan with two primary suites, den/family room, full laundry room and a spacious kitchen that attracts easy gatherings will bring enjoyment for years to come! Imagine hosting a New Year's party with the dazzling cityscape and Space Needle as the perpetual backdrop! Unwind at the day's end by sitting on the view deck while watching the parade of crisscrossing ferries, ocean liners, paddle boarders and seasonal whale sightings or leisurely strolls on the Alki promenade - what more could you ask for! Just a half mile away is the dock for the Water Taxi (foot ferry) to whisk you on a scenic trip to downtown Seattle & back for sports events, shopping and so much more! Two side-by-side parking spots in the enclosed garage, security keyed elevator, new building roof and a well-established Homeowners Association create a beach lifestyle of ease and comfort. If you desire the best city view on market with sunrise to sunset vistas, perhaps this one must be yours! Aloha from Alki!
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades PK-5 • 1.6 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,737 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $1.29M | $548.3K |
| Price per sq ft | $746 | $551 |
| Built year | 1998 | 1997 |
| HOA | $1698 | $317 |
| Days on market | 270 | 63 |
Jan 27, 2026
$1,295,000
Initial Listing