1012 2nd Avenue W, Seattle, WA 98119, Seattle, 98119 - 4 bed, 5 bath
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Seattle, WA 98119
This Luxury Queen Anne Estate is a Strong Value Opportunity, listed at $2,600,000—positioned well below the $2,857,890 Fair Market Value by 9%. This valuation gap offers $257,890 in Instant Equity for a residence in Mint Condition (Rating 2). Featuring panoramic views of the Space Needle and Mt. Rainier, the 4,400 sq. ft. home boasts a gourmet kitchen, a rare level backyard, and a private primary suite deck. It is the ultimate sanctuary for Owner-Occupants or lifestyle-focused buyers seeking iconic Seattle living with significant built-in financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012 2nd Avenue W Subject | $2,600,000* List Price | 4 | 5 | 4,400 | $599 | - |
A 1225 9th Avenue W Active | $1,925,000 List Price | 4 | 3 | 3,640 | $529 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1902 build date, the property has undergone a comprehensive, high-end renovation within the last 5 years. The interior features a modern gourmet kitchen with premium appliances, updated bathrooms with contemporary fixtures and tiling, and refinished hardwoods. The exterior and systems appear meticulously maintained and updated, meeting the criteria for mint condition.
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 4,400 sq. ft. home features a thoughtfully updated open floor plan with a gourmet kitchen, premium stainless appliances, and a luxurious primary suite designed for contemporary living.
The property boasts a rare level backyard and a wraparound deck, complemented by a two-car garage and driveway, providing exceptional outdoor space and parking for the area.
Originally built in 1902, the home may require more intensive ongoing maintenance and potential system upgrades compared to newer constructions, despite its modern updates.
Being positioned next to the iconic Kerry Park means the immediate area experiences significant tourist foot traffic and noise, which may impact the resident's sense of privacy.
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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| Built year | 1902 | - | 0% |
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Apr 22, 2026
$2,600,000
Initial Listing