
Seattle, WA 98116
This Turnkey Waterfront Condominium is a Strong Value Opportunity, listed at $735,000—positioned well below the $779,116 Fair Market Value by 5%. This valuation gap offers $44,116 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a modern kitchen and 180-degree Puget Sound views, this home offers a premium lifestyle near top-rated schools like Lafayette Elementary. It is an ideal acquisition for Owner-Occupants seeking a luxury retreat or discerning professionals prioritizing location and quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2200 Alki Avenue SW #203 Subject 2 bd · 2 ba · 1,366 sqft · $570 | $735,000* List Price | 2 | 2 | 1,366 | $570 | - |
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 2714 58th Avenue SW Sold 3 bd · 3 ba · 1,322 sqft · $672 · 0.4 mi | $889,000 | 3 | 3 | 1,322 | $672 | 0.4 mi |
C 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 |
D 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 |
E 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 |
F 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 |
G 2200 Alki Avenue SW #103 Active 2 bd · 2 ba · 1,366 sqft · $512 · 0.0 mi | $699,950 List Price | 2 | 2 | 1,366 | $512 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a recent renovation under 5 years old, making it turnkey ready. It includes a modern kitchen with quartz countertops, high-quality cabinets, stainless steel appliances, fresh interior paint, and updated LVP flooring throughout.
The property boasts exceptional 180-degree unobstructed views of Puget Sound and the Olympic Mountains, situated directly across from the iconic Alki Beach boardwalk.
The unit is move-in ready featuring high-quality kitchen cabinetry, quartz countertops, fresh interior paint, and durable LVP flooring throughout.
The primary bedroom offers a premium layout including a walk-in closet, dual vanity, and an elegant tiled shower, providing a luxury feel within a condominium setting.
The monthly HOA dues are substantial at $1,016, which may impact buyer affordability and overall monthly carrying costs.
Built in 1976, the building's vintage may lead to concerns regarding long-term infrastructure maintenance or potential future special assessments compared to newer constructions.
Perfectly located within walking distance to restaurants, and directly across the street from the shores of Alki Beach and boardwalk, this beautiful two-bedroom, two-bath condominium offers breathtaking, unobstructed 180* degree views of Puget Sound and the Olympic Mountains. Turnkey ready, featuring a modern kitchen with high quality cabinets and quartz countertops, fresh interior paint, easy-to-maintain LVP flooring, dining room with wrap around windows, and great room with oversized sliding glass door offering access to private balcony. Two nicely appointed bathrooms, and two considerable bedrooms, including a primary suite with walk-in closet, dual vanity, and elegant tiled shower. One-car parking space in secure garage. HOA dues include water, sewer, garbage, secure garage, elevator maintenance, swimming pool, sauna, and earthquake insurance.
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 | $735.0K | $548.3K |
| Price per sq ft | $538 | $551 |
| Built year | 1976 | 1997 |
| HOA | $1016 | $317 |
| Days on market | 29 | 63 |
Sep 25, 2026
$735,000
Initial Listing