1012 2nd Avenue W, Seattle, WA 98119, Seattle, 98119 - 4 bed, 5 bath
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Seattle, WA 98119
This Newly Renovated Luxury Residence is a Strong Value Opportunity, listed at $2,900,000—positioned well below the $3,113,232 Fair Market Value by 6%. This valuation gap offers $213,232 in Instant Equity. Boasting an Excellent Condition Rating, the home features a gourmet kitchen and iconic views of the Space Needle and Mt. Rainier. With a rare level backyard and proximity to Kerry Park, it perfectly balances lifestyle prestige with financial upside. This is an ideal acquisition for Luxury Homeowners or Savvy Investors seeking a trophy asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012 2nd Avenue W Subject | $2,900,000* List Price | 4 | 5 | 4,400 | $708 | - |
A 1942 7th Avenue W Active | $3,295,000 List Price | 6 | 4 | 4,100 | $804 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1902, the property has undergone an extensive and high-end renovation within the last few years, bringing it to current luxury standards. The interior features a gourmet kitchen with premium stainless appliances, pristine refinished maple flooring, and modern recessed lighting. The bathrooms are updated with contemporary fixtures, including a freestanding soaking tub and a fireplace. The overall condition shows no signs of deferred maintenance, with crisp millwork and updated windows throughout.
Situated on the prestigious south slope of Queen Anne adjacent to Kerry Park, the property offers world-class, unobstructed views of the Space Needle, Seattle skyline, Elliott Bay, and Mt. Rainier.
The home features a rare level backyard and a two-car garage with a driveway, providing exceptional utility and convenience that is highly uncommon for the steep terrain of the south slope.
This 1902-built residence has been thoughtfully updated with a gourmet kitchen, premium appliances, and an open floor plan that seamlessly blends classic architecture with contemporary luxury living.
Being located directly beside Kerry Park, a major Seattle landmark, results in significant daily foot traffic and crowds, which may compromise the sense of privacy and quiet for the homeowner.
Despite extensive updates, the 1902 original construction may require more vigilant maintenance and potential upgrades to century-old structural or mechanical systems compared to newer builds.
Ultimate south slope of Queen Anne location with views of Space Needle, Seattle skyline, Elliott Bay, Alki Beach, Mt. Rainier & Olympics. Prominently positioned beside iconic Kerry Park, thoughtfully updated home features open, light-filled floor plan w/crisp white millwork, re-finished hardwood floors, and seamless indoor-outdoor living. Expansive main level centers around stunning gourmet kitchen w/premium stainless appliances. Primary suite includes private view deck and fireplace. Lower level offers media room w/bar and guest suite, for extended stays. Top-floor bonus room adds flexible living space. Wraparound deck and rare level backyard not often seen on the south slope. Two-car garage and driveway provide extra off-street parking. Walk to Climate Pledge arena, or many of Queen Anne’s cherished shops, restaurants, and cafes...this is elevated Seattle living at its finest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
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| Beds | - | - | 0% |
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| Built year | 1902 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 26, 2026
$2,900,000
Initial Listing