1250 Alki Avenue SW #3H, Seattle, WA 98116, Seattle, 98116 - 2 bed, 2 bath
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1250 Alki Avenue SW #3H
Seattle, WA 98116
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,352Sq Ft
0Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$861,816
4% AboveMARKET VALUE
SUMMARY
This Luxury Waterfront Condominium is a Strong Value Opportunity, listed at $999,000—positioned well below the $979,083 Fair Market Value by -2%. Featuring a Mint Condition Rating, this 2022-built residence offers panoramic Puget Sound views, an infinity pool, and designer finishes by Susan Marinello. Located near top-rated schools like Lafayette Elementary, this home provides a sophisticated, resort-inspired lifestyle. It is an ideal acquisition for discerning professionals or owner-occupants seeking a turnkey, high-amenity sanctuary on Alki Beach.
Estimated Market Value
$861,816
Based on Realkey algorithm analyzing recent comparable sales in Seattle.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1250 Alki Avenue SW #3H Subject 2 bd · 2 ba · 1,352 sqft · $637 | $899,000* List Price | 2 | 2 | 1,352 | $637 | - |
A 1388 Alki Avenue SW 402 Sold 2 bd · 2 ba · 1,495 sqft · $742 · 0.2 mi | $1,110,000 | 2 | 2 | 1,495 | $742 | 0.2 mi |
B 1101 Harbor Avenue SW 2C Sold 2 bd · 2 ba · 1,146 sqft · $589 · 0.3 mi | $675,000 | 2 | 2 | 1,146 | $589 | 0.3 mi |
C 1101 Harbor Avenue SW 3C Sold 2 bd · 2 ba · 1,146 sqft · $585 · 0.3 mi | $670,000 | 2 | 2 | 1,146 | $585 | 0.3 mi |
D 1564 Alki Avenue SW 106 Active 2 bd · 2 ba · 1,353 sqft · $610 · 0.4 mi | $825,000 List Price | 2 | 2 | 1,353 | $610 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2022, this luxury waterfront condominium is less than 10 years old and in mint condition. It features flawless modern finishes by a renowned designer, premium concrete and steel construction, and top-tier amenities with absolutely no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Waterfront Location
Situated on Seattle's iconic Alki Beach, this residence offers breathtaking Sound and Olympic Mountain views through Nanawall glass walls, seamlessly blending indoor and outdoor living.
- Luxury Construction & Design
Awarded '2024 Development of the Year,' the building features superior concrete and steel construction with high-end finishes by designer Susan Marinello, ensuring both durability and sophisticated aesthetic appeal.
- Premium Resort Amenities
Residents have access to unparalleled amenities including an infinity pool, hot tub, rooftop deck, and fitness center, complemented by modern essentials like EV charging stations.
CONSRISKS & DEFICIENCIES
- High Monthly Dues
The association fee of $1,612 per month is substantial, which significantly increases the monthly carrying costs and may deter price-sensitive buyers.
- Extended Market Time
With 263 days on the market, the property has faced a prolonged listing period compared to typical luxury turnovers, potentially indicating a pricing or demand mismatch for the final remaining units.
About 1250 Alki Avenue SW #3H
Developer Closeout Special. The best deal on Alki. Discover this new, boutique enclave of 37 waterfront condominium estates boasting endless Sound & Olympic views priced from $1M to $4M. Constructed of concrete, steel & glass, behold flawless finishes by renowned designer Susan Marinello & unparalleled services & amenities not seen before on Alki Beach. Each resort-inspired residence residence seamlessly blends indoor & outdoor living. Enjoy Nanawall glass walls, expansive private terraces & ample storage & parking w/ EV charging stations. Amenities include an infinity pool, hot tub, rooftop deck, resident lounge & fitness center. Now selling for immediate occupancy on Seattle's most cherished beach front! Awarded "2024 Development of the Year". Now more than 90% sold, only three homes remain!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2022
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1612 / Month
Neighborhood Insights
Seattle Unified Schools
Lafayette Elementary School
Grades PK-5 • 1.0 mi
8/10
Alki Elementary School
Grades PK-5 • 1.4 mi
8/10
Madison Middle School
Grades 6-8 • 1.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,352 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $899.0K | $548.3K |
| Price per sq ft | $665 | $551 |
| Built year | 2022 | 1997 |
| HOA | $1612 | $317 |
| Days on market | 290 | 63 |
Pricing History
Listed for Sale
Oct 8, 2026
$899,000
$999,000
-10% Price Drop
Initial Listing
Price Change
Jan 7, 2026
$999,000
Initial Listing