
Seattle, WA 98116
This Turnkey Waterfront Condo is a Strong Value Opportunity, listed at $675,000—positioned well below the $683,739 Fair Market Value by 1%. This valuation gap offers $8,739 in Instant Equity. Featuring a Good Condition Rating, the unit includes a private view deck and updated kitchen. Located near top-rated schools like Lafayette Elementary, this home offers a premium Alki lifestyle. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1140 Alki Avenue SW #204 Subject 2 bd · 2 ba · 1,424 sqft · $480 | $650,000 | 2 | 2 | 1,424 | $480 | - |
A 1101 Harbor Avenue SW 2C Sold 2 bd · 2 ba · 1,146 sqft · $589 · 0.2 mi | $675,000 | 2 | 2 | 1,146 | $589 | 0.2 mi |
B 1101 Harbor Avenue SW 3C Sold 2 bd · 2 ba · 1,146 sqft · $585 · 0.2 mi | $670,000 | 2 | 2 | 1,146 | $585 | 0.2 mi |
C 2115 California Avenue SW 402 Sold 2 bd · 2 ba · 1,157 sqft · $519 · 0.7 mi | $600,000 | 2 | 2 | 1,157 | $519 | 0.7 mi |
D 1613 California Avenue SW 101 Sold 2 bd · 2 ba · 1,077 sqft · $441 · 0.4 mi | $475,000 | 2 | 2 | 1,077 | $441 | 0.4 mi |
E 1301 Harbor Avenue SW 310 Active 2 bd · 2 ba · 1,277 sqft · $548 · 0.3 mi | $699,900 List Price | 2 | 2 | 1,277 | $548 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1975, the unit is well-maintained and move-in ready with recent updates including fresh paint, new carpet, and a new water heater. The kitchen is described as updated with newer stainless-steel appliances, and the building features a modernized elevator, placing it in the 'Good' category for functional, renovated older stock.
The property offers rare, unobstructed views of the Olympic Mountains, Puget Sound, and the Seattle city skyline, showcased through a dramatic theater-sized picture window and a private view deck.
At 1,424 square feet, this condo features a generous split-bedroom floor plan that maximizes privacy, an exceptionally wide living room for entertaining, and move-in ready updates including fresh paint and new carpet.
Located in the heart of Alki, the home provides immediate access to the scenic waterfront promenade and is within walking distance to the foot ferry, offering a seamless commute to downtown Seattle.
The association fee of $709 per month is a significant recurring cost that may impact the overall affordability and appeal for buyers sensitive to monthly carrying costs.
Built in 1975, the property may require more frequent long-term maintenance or capital improvements compared to newer developments, despite recent unit-level updates.
The Biggest City View for the Best Price! Mountains. Sound. City lights. Take your pick—Unit #204 delivers all three. This thoughtfully designed 2-bed, 1.75-bath single-level condo puts breathtaking views center stage, framed by a dramatic, theater-sized picture window and a view deck. Fresh paint, new carpet, and a new water heater make this home move-in ready. The smart split floor plan balances privacy and flow: the primary suite claims the view as its own private retreat, while the guest bedroom sits tucked quietly toward the back. At the heart of it all, an updated kitchen with newer stainless-steel appliances anchors the space—functional, central, and built for easy living. The exceptionally wide living room is a standout, light-filled and made for entertaining. Step outside and live the Alki lifestyle. Stroll the scenic waterfront promenade or catch the foot ferry - which is just a short level distance - for a fast, easy ride downtown ideal for game days and nights out. And the value matches the view: 1,424 sq ft, dedicated parking, private storage, newer full-size washer/dryer, reasonable HOA dues, and a modernized elevator in a well-kept building. Water views. City lights. Mountain peaks. One home, every angle covered. 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 | 2.0 | 2.0 |
| Square foot | 1,424 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $650.0K | $548.3K |
| Price per sq ft | $456 | $551 |
| Built year | 1975 | 1997 |
| HOA | $709 | $317 |
| Days on market | 40 | 63 |
Oct 1, 2026
$675,000
$685,000
-1% Price Drop
Initial Listing
Sep 14, 2026
$685,000
Initial Listing