2200 Alki Avenue SW #103, Seattle, WA 98116, Seattle, 98116 - 2 bed, 2 bath
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This Turnkey Waterfront Condo is a Strong Value Opportunity, listed at $699,950, which aligns perfectly with its $699,950 Fair Market Value. Featuring a Mint Condition Rating due to recent updates, this unit offers a Panoramic Mountain and Sound View, a private pool, and an expansive deck. With no rental caps and comprehensive HOA coverage, it provides a stable, low-maintenance lifestyle. Located near top-rated schools like Lafayette Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium Alki Beach residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2200 Alki Avenue SW #103 Subject 2 bd · 2 ba · 1,366 sqft · $512 | $699,950* List Price | 2 | 2 | 1,366 | $512 | - |
A 1101 Harbor Avenue SW 2C Sold 2 bd · 2 ba · 1,146 sqft · $589 · 1.0 mi | $675,000 | 2 | 2 | 1,146 | $589 | 1.0 mi |
B 2115 California Avenue SW 402 Sold 2 bd · 2 ba · 1,157 sqft · $519 · 0.6 mi | $600,000 | 2 | 2 | 1,157 | $519 | 0.6 mi |
C 1101 Harbor Avenue SW 3C Sold 2 bd · 2 ba · 1,146 sqft · $585 · 1.0 mi | $670,000 | 2 | 2 | 1,146 | $585 | 1.0 mi |
D 2920 Alki Avenue SW 207 Sold 2 bd · 2 ba · 915 sqft · $645 · 0.8 mi | $590,000 | 2 | 2 | 915 | $645 | 0.8 mi |
E 3216 47th Avenue SW Sold 2 bd · 3 ba · 1,080 sqft · $639 · 0.8 mi | $690,000 | 2 | 3 | 1,080 | $639 | 0.8 mi |
F 2200 Alki Avenue SW 203 Active 2 bd · 2 ba · 1,366 sqft · $567 · 0.0 mi | $774,950 List Price | 2 | 2 | 1,366 | $567 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1976, the unit is described as 'newly updated' with modern features like newer solar blinds and unobstructed views, placing it in the <5 year renovation category for mint condition.
Situated directly on Alki Avenue, this ground-floor unit offers unobstructed panoramic views of the Sound and Mountains with immediate access to the beach, boardwalk, and local dining.
The absence of a rental cap makes this property a rare and highly desirable asset for investors or owners seeking long-term portfolio flexibility in a premier Seattle neighborhood.
The association dues cover an extensive list of utilities including water, sewer, garbage, gas, cable, and earthquake insurance, providing predictable monthly carrying costs and peace of mind.
With 258 days on the market, the property may face challenges with buyer perception regarding its initial pricing strategy or specific unit positioning.
At $978 per month, the HOA fees are significant and may impact the debt-to-income ratio for financing or deter buyers sensitive to high fixed monthly expenses.
{Stunning Alki Beach Condo w/Panoramic Mt. & Sound Views!} Newly updated Ground Floor Unit w/extra large deck offering unobstructed mountain & sound views. Large primary bedroom w/bath & walk in closet, guest room is also large. Additional flex/bonus space can be utilized as an office, reading nook, or ? Newer solar blinds. Bonair Condominiums have a private sauna & swimming pool w/elevators. Common area secured garage w/assigned parking spot. Building has secured lobby entrance w/professional management. Ideally located steps from Alki beach, restaurants, parks, etc. Walk or ride bicycles down Alki's boardwalk or people watch from your deck. No rental cap. HOA dues cover water, sewer, garbage, gas, cable & earthquake ins. Sunsets Await!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,366 | 1,048.033 |
| Lot Size | 32,350 | 1,930.425 |
| Price | $700.0K | $548.3K |
| Price per sq ft | $512 | $551 |
| Built year | 1976 | 1997 |
| HOA | $978 | $317 |
| Days on market | 287 | 63 |
Jan 10, 2026
$699,950
Initial Listing