
Seattle, WA 98116
This Waterfront Condominium represents a Strong Value Opportunity, listed at $885,000—positioned well above the $801,416 Fair Market Value by -10%. While priced at a premium, the property offers a Fair Condition Rating with significant lifestyle appeal, including unobstructed Puget Sound views, a private covered deck, and a chef’s kitchen. Located near top-rated schools like Lafayette Elementary, this residence is an ideal sanctuary for lifestyle-focused professionals or discerning owner-occupants seeking a premier Alki Beach address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1600 Alki Avenue SW 202 Subject | $869,000* List Price | 2 | 2 | 1,193 | $608 | - |
A 1101 Harbor Avenue SW 3C Sold | $670,000 | 2 | 2 | 1,146 | $585 | 0.7 mi |
B 1527 California Avenue SW 301 Active | $749,000 List Price | 3 | 2 | 1,422 | $527 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25 years old), the property falls into the Fair category based on age. While the unit is exceptionally well-maintained with newer wide-plank hardwoods and stainless appliances, the maple cabinetry and tile countertops in the kitchen and bathrooms are dated and original to the construction era, requiring updates to meet modern luxury standards.
The property offers unobstructed, panoramic views of Puget Sound and the Olympic Mountains, situated directly on the iconic Alki beach boardwalk for a premier coastal lifestyle.
Located in a highly private six-unit building with recently renovated common areas, this residence includes rare amenities like two secure garage parking spaces and additional storage.
With no rental caps, no pending special assessments, and a stable HOA, this property represents a secure investment with excellent flexibility for owners or investors.
The monthly association fee of $990 is significant for a unit of this size, which may impact the overall monthly budget and affordability for some buyers.
The flexible design of the second bedroom may lack the full privacy of a traditional walled-off room, potentially limiting its utility for certain roommate or guest configurations.
NEW PRICE- THE BEST DEAL ON ALKI BEACH IS WAITING FOR YOU! Live your best life on the beach in one of Alki’s most sought-after boutique condominium buildings. Spacious unit with high-end finishes, freshly updated main entrance sets the tone for luxurious living from the moment you step inside. This charming Cape Cod-style community offers just six residences, ensuring privacy and tranquility. The beautifully designed 2 bed/2 bath home blends sophistication and comfort with high-end finishes and an open, circular layout. Enjoy unobstructed views of Puget Sound and the Olympic Mountains from the open-concept kitchen, living, and dining areas. Step onto your private covered deck for morning coffee or sunset views as ferries and whales pass by. Features include wide plank hardwoods, wainscoting, maple cabinetry, and a chef’s kitchen with stainless steel appliances and eating bar. The spacious primary suite is complete with a walk-in closet and en-suite bath, backing into the private greenbelt. Flexible second bedroom can be used as a guest bed/office/media room or kept closed off to create a more traditional bedroom. Includes two secure garage parking spaces and lots of additional storage. Located just steps from Alki’s vibrant beachfront with its cafes and restaurants along the scenic boardwalk. Experience the beauty of waterfront living year-round—every season on the beach is truly special. No rental cap, no special assessments, stable and healthy HOA. Join us!
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 0.9 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,193 | 1,034.227 |
| Lot Size | - | 2,208.034 |
| Price | $869.0K | $552.8K |
| Price per sq ft | $728 | $559 |
| Built year | 1999 | 1997 |
| HOA | $990 | $311 |
| Days on market | 70 | 63 |
Aug 19, 2026
$869,000
$885,000
-2% Price Drop
Initial Listing
Jul 1, 2026
$885,000
Initial Listing