1170 SW Alki 300, Seattle, WA 98116, Seattle, 98116 - 2 bed, 2 bath
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Seattle, WA 98116
This Spacious Waterfront Condominium is a Strong Value Opportunity, listed at $999,000—positioned well below the $1,098,194 Fair Market Value by 9%. This valuation gap offers $99,194 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the unit offers a panoramic water view and a private deck, though it invites cosmetic modernization. Served by highly-rated schools like Lafayette Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value in Alki.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1170 SW Alki 300 Subject | $999,000* List Price | 2 | 2 | 1,614 | $680 | - |
A 1333 Harbor Avenue SW 204 Sold | $1,275,000 | 2 | 2 | 1,650 | $773 | 0.3 mi |
B 1300 Alki Avenue SW 200 Pending | $899,000 List Price | 2 | 2 | 1,377 | $653 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (30 years old), the property is well-maintained but dated. The kitchen features original-style white cabinetry and white appliances that are over 20 years old. While functional and move-in ready, the interior finishes lack modern updates.
Situated in the highly sought-after Alki neighborhood of West Seattle, this property offers immediate access to beach trails, waterfront dining, and scenic views.
With 1,614 square feet of living space, this 2-bedroom condo provides a significantly larger footprint than typical urban units, offering a more spacious and comfortable layout.
The property is served by highly-rated schools, including Lafayette and Alki Elementary, both boasting an 8/10 rating, which supports long-term property value and family appeal.
The monthly HOA fee of $1,275 is substantial, which may impact buyer affordability and increase the overall cost of ownership compared to similar properties.
Built in 1996, the building is approaching 30 years of age, which may necessitate upcoming capital improvements or interior modernizations to stay competitive with newer developments.
2 bed 2 bath 1614 sq ft condo in Seattle
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades PK-5 • 1.5 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
Jul 8, 2026
$999,000
Initial Listing