1250 Alki Avenue SW PHA, Seattle, WA 98116, Seattle, 98116 - 3 bed, 4 bath
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1250 Alki Avenue SW PHA
Seattle, WA 98116
ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,186Sq Ft
0Lot Size
Property Price
LIST PRICE$3,399,000
EST. MARKET VALUE
$3,132,311
8% AboveMARKET VALUE
SUMMARY
This Stunning Luxury Penthouse is a Strong Value Opportunity, listed at $3,399,000—positioned well above the $3,132,312 Fair Market Value by 8%. While priced at a premium, the property features an Excellent Condition Rating and bespoke finishes, including a Miele chef’s kitchen and a 1,076 SF private rooftop deck with panoramic mountain and sound views. Located near top-rated schools like Lafayette Elementary, this residence offers a turnkey lifestyle for Luxury Homeowners and Discerning Professionals seeking an iconic Alki Beach retreat.
Estimated Market Value
$3,132,311
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 PHA Subject 3 bd · 4 ba · 2,186 sqft · $1,433 | $3,399,000* List Price | 3 | 4 | 2,186 | $1,433 | - |
A 1250 Alki Avenue SW 2A Active 3 bd · 4 ba · 2,170 sqft · $1,152 | $2,499,000 List Price | 3 | 4 | 2,170 | $1,152 | - |
* 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 penthouse is in mint condition. It features a high-end Miele chef's kitchen, modern bespoke finishes, and brand-new systems, requiring no maintenance or updates.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Outdoor Living
The penthouse features a massive 1,076 SF private rooftop deck, offering rare and significant outdoor space for entertaining with panoramic views of Puget Sound and the Olympic Mountains.
- Luxury Design & Finishes
Boasting interiors by Susan Marinello and a Miele chef’s kitchen, the property offers a high-end, turnkey living experience within an award-winning, newer construction building.
- Iconic Beachfront Location
Situated directly on Alki Beach, this 'crown jewel' residence provides unparalleled access to Seattle’s most famous waterfront and breathtaking natural scenery.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2186, other record living area = 2469.
- High Monthly Dues
The association fee of $2,993 per month is substantial, which significantly increases the ongoing cost of ownership and may deter budget-conscious luxury buyers.
- Premium Price per Square Foot
With a list price of nearly $3.4M for 2,186 internal square feet, the high price-per-square-foot represents a significant premium that may be challenging to justify compared to local single-family alternatives.
About 1250 Alki Avenue SW PHA
Discover the Westerly Penthouse, a coastal retreat perched above Alki Beach & crowning the award-winning Infinity Shore Club. This stunning three-bedroom + den condominium-estate offers 3,262 SF of exclusive living space (2,186 int. + 1,076 ext.). Sweeping panoramas showcase Puget Sound and the Olympic Mountains in breathtaking display. The Westerly Penthouse exudes beauty & functionality at every turn, from airy light-filled interiors by Susan Marinello, to bespoke bedroom suites, to a Miele chef’s kitchen. Unique to the penthouse is a private rooftop deck, directly accessible for hosting unforgettable gatherings & savoring tranquil sunsets. Now available, a rare opportunity to own the crown jewel on Seattle’s iconic beachfront.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2022
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2993 / 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 | 3.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,186 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $3.40M | $548.3K |
| Price per sq ft | $1.6K | $551 |
| Built year | 2022 | 1997 |
| HOA | $2993 | $317 |
| Days on market | 45 | 63 |
Pricing History
Listed for Sale
Sep 9, 2026
$3,399,000
Initial Listing