17 W Mercer Street 301, Seattle, WA 98119, Seattle, 98119 - 2 bed, 2 bath
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Seattle, WA 98119
This Top-Floor Queen Anne Residence represents a Prime Investment Opportunity, listed at $584,999—positioned well below the $609,824 Fair Market Value by 4%. This valuation gap secures $24,825 in Instant Equity. Maintaining a Fair Condition Rating, the home features bamboo flooring, granite countertops, and a private patio with panoramic rooftop views of the Space Needle. With no rental cap and a high-demand location near Seattle Center, it offers significant rental flexibility. This property is ideal for Urban Professionals or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 W Mercer Street 301 Subject | $584,999* List Price | 2 | 2 | 1,117 | $541 | - |
A 524 6th Avenue W 110 Active | $535,000 List Price | 2 | 2 | 920 | $582 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the property falls into the 'Fair' category based on age. While the unit is exceptionally well-maintained and move-in ready with bamboo floors and granite counters, the kitchen cabinetry and bathroom fixtures appear original to the 2002 construction, making them dated by modern standards and nearing the end of their typical 20-year lifecycle.
As a top-floor unit featuring soaring ceilings, floor-to-ceiling windows, and a skylight, the residence offers an airy, light-filled atmosphere that is highly desirable in the Seattle market.
With no rental cap and a prime location near the Seattle Center and major transit routes, this property serves as an excellent long-term investment or high-demand rental opportunity.
Situated in the heart of Queen Anne, the property offers unbeatable walkability to the Space Needle, waterfront, and downtown, providing a quintessential metropolitan lifestyle.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly association fee of $1,145 is significantly high relative to the listing price, which may impact buyer affordability and overall carrying costs.
The second bedroom is classified as non-conforming, which may limit its utility for certain buyers and could affect the property's appraisal value compared to a true two-bedroom unit.
Experience elevated city living in this modern light-filled, top-floor residence in the heart of Queen Anne. Soaring ceilings, floor-to-ceiling windows, and a skylight flood the space with natural light. Great west-facing condo! The expansive primary suite features a double vanity, large walk-in closet, spacious shower and a generously sized room with an outdoor private patio. In addition, this unit has a spacious den/nonconforming bedroom—ideal as a guest room or home office. Great for added flexibility. This is a warm, thoughtfully designed unit with bamboo flooring, granite countertops, tall cabinets, gas range, fireplace, and abundant storage throughout. Enjoy your private patio or take just a few steps to the rooftop deck, where panoramic views await of the beautiful city and water views. The building offers secure indoor access, a wide and welcoming hallway, and a large designated parking space (ADA) in the covered garage. Unbeatable location just blocks from Seattle Center and the Space Needle, with easy access to downtown, waterfront walks, Pike Place Market, and major transit routes. No rental cap!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2002 | - | 0% |
| HOA | $1145 | $0 | 0% |
| Days on market | - | - | 0% |
May 1, 2026
$584,999
Initial Listing