2221 Gilman Drive W 303, Seattle, WA 98119, Seattle, 98119 - 2 bed, 1 bath
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Seattle, WA 98119
This 2-bedroom condominium represents a High-Potential Investment Opportunity, listed at a List Price of $499,950—positioned slightly above the $481,353 Fair Market Value. While the property requires cosmetic updates to its Fair Condition Rating (1977 build), it offers significant lifestyle value through its panoramic water and cruise ship views from a private lanai. With no rental cap and a prime location near Queen Anne’s amenities, this unit is a versatile asset. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a high-demand Seattle neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2221 Gilman Drive W 303 Subject | $499,950* List Price | 2 | 1 | 1,077 | $447 | - |
A 2625 13th Avenue W 201 Active | $425,000 List Price | 2 | 2 | 1,019 | $417 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is over 20 years old and remains largely dated despite cosmetic improvements. While it features fresh paint and new carpet, the kitchen and wet bar retain older cabinetry, laminate countertops, and dated fluorescent light boxes, indicating a need for modernization of the primary living spaces.
Enjoy stunning sunsets and cruise ship views from this lovely condo! This 2-bed, condo features a spacious 1,077 sq ft layout with a private lanai perfect for entertaining. The inviting living room features a cozy wood fireplace and wet bar. Newly updated with fresh carpet and paint, the condo also features a formal dining area and a kitchen with an eating bar, plenty of cabinet space, and a new dishwasher. Washer/dryer in unit, one car garage parking and storage locker. Secure your spot in this serene, well-managed building with no rental cap. Just moments from Queen Anne's eateries, Whole Foods, Interbay Golf Center and Downtown!
No exterior & parking available.
No sensitive facilities data found.
Jun 23, 2026
$499,950
Initial Listing