
Seattle, WA 98116
This Spacious Alki Condominium is a High-Potential Investment Opportunity, listed at $1,890,000—positioned above the $1,581,741 Fair Market Value by -19%. While priced at a premium, the property offers a Condition Rating of 3, featuring concrete-and-steel construction and Panoramic Elliott Bay Views. With nearly 3,000 square feet of living space and proximity to top-rated schools like Lafayette Elementary, this residence provides a rare, house-like scale. It is an ideal acquisition for Luxury Owner-Occupants or Discerning Professionals seeking an elevated, low-maintenance Northwest lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1374 Alki Avenue SW 400 Subject 4 bd · 3 ba · 2,959 sqft · $535 | $1,890,000* List Price | 4 | 3 | 2,959 | $535 | - |
A 1221 Harbor Avenue SW 402-3 Active 4 bd · 4 ba · 2,469 sqft · $608 · 0.4 mi | $1,500,000 List Price | 4 | 4 | 2,469 | $608 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, this property is well-maintained and move-in ready. The kitchen features stainless steel appliances and stone countertops indicative of a mid-range renovation (approx. 10-15 years old), while the living areas show updated hardwood flooring and modern built-ins. Systems like central A/C and the concrete-and-steel construction add to its functional longevity.
At nearly 3,000 square feet with four bedrooms, this residence offers a rare house-like scale and privacy that is exceptionally difficult to find in the Seattle condominium market.
The property features sweeping, unobstructed views of Elliott Bay, the Puget Sound, and the Olympic Mountains, providing a quintessential Alki Beach lifestyle from every major room.
The concrete-and-steel construction ensures superior soundproofing and durability, while the private elevator opening directly into the unit provides an elite level of security and convenience.
The association fee of $3,744 is significantly high, which may deter some buyers and impact the overall carrying cost and investment yield of the property.
Built in 1990, the property may require aesthetic updates or modernization of interior finishes to align with the expectations of contemporary luxury buyers in this price point.
A Rare Alki Offering — Unparalleled Scale, Privacy & Views Discover a truly exceptional residence in the coveted Alki Beach community, where expansive interiors, exceptional privacy and sweeping Elliott Bay, Puget Sound and mountain views create a lifestyle rarely found in condominium living. Nearly 3,000 square feet of beautifully appointed space unfolds within a concrete-and-steel building, offering the generous scale and comfort of a private home with the ease and convenience of condominium living. A private elevator opens directly into light-filled interiors designed equally for relaxed everyday living and sophisticated entertaining. The thoughtfully designed floor plan features four bedrooms, two-and-a-half baths and generously proportioned spaces for gathering, dining, relaxing and working from home. The kitchen anchors the main living spaces, while the serene primary suite captures an ever-changing Northwest panorama. A gas fireplace adds warmth and ambiance, while central A/C ensures year-round comfort. Two side-by-side garage spaces and additional private storage complete the offering. Step outside to morning beach walks, golden sunsets and wide-open skies. Watch the water, mountains and city lights transform throughout the day and into the evening. This is Alki living at its finest — spacious, private and unmistakably Northwest.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.2 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,959 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $1.89M | $548.3K |
| Price per sq ft | $639 | $551 |
| Built year | 1990 | 1997 |
| HOA | $3744 | $317 |
| Days on market | 44 | 63 |
Sep 10, 2026
$1,890,000
Initial Listing