3089 Alki Avenue SW 2, Seattle, WA 98116, Seattle, 98116 - 3 bed, 3 bath
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Seattle, WA 98116
This Waterfront Condominium represents a Strong Value Opportunity, listed at $1,750,000—positioned slightly above the $1,691,335 Fair Market Value. While the property requires cosmetic updates to its 1980s-era interior, its Condition Rating of 4 reflects meticulous maintenance and a new roof. The home offers Panoramic Waterfront Views, a Private Balcony, and a prime location near Top-Rated Schools like Alki Elementary. This is an ideal acquisition for Owner-Occupants seeking a lifestyle-focused residence or Value-Add Investors looking to modernize a premier Alki asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3089 Alki Avenue SW 2 Subject | $1,650,000* List Price | 3 | 3 | 2,340 | $761 | - |
A 4163 Beach Drive SW 102 Active | $1,350,000 List Price | 2 | 3 | 1,935 | $698 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old), the property is meticulously maintained but features a dated interior. The kitchen and bathrooms show 80s/90s styling, including older built-in appliances and jetted tubs. While the roof is new and the exterior is fresh, the interior finishes like carpet and cabinetry require updates to meet modern standards.
Situated directly on the iconic Alki waterfront, the property offers immediate access to the beach, Alki Trail, and a vibrant array of local dining and recreation.
The home features sweeping views of the Puget Sound and mountains, maximized by large windows and a private balcony on the upper level.
With 2,340 square feet and a flexible two-level floor plan including a den, this home provides significantly more space and versatility than typical waterfront condominiums.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8625, other record lot size in square feet = 8729.
Located on a popular waterfront corridor, the property may experience increased noise and congestion from tourists and beachgoers, especially during peak summer months.
Built in 1983, the property may require interior cosmetic updates to meet modern luxury standards, despite recent exterior maintenance like the new roof and paint.
Rare waterfront condominium on Alki with sweeping Sound views and a location along one of West Seattle's most iconic waterfront corridors. Situated just steps from Alki Beach, waterfront dining, coffee shops, local restaurants, parks, and the Alki Trail, this meticulously maintained 3-bedroom plus den home offers a flexible two-level floor plan designed to maximize natural light and water views. Located on a designated Seattle Healthy Street, enjoy enhanced opportunities for walking, biking, and connecting with the vibrant waterfront neighborhood. The upper level features an open-concept living and entertaining space with large windows and access to a private balcony overlooking the Sound. The lower level hosts a spacious primary suite with water views, a walk-in closet, and a private bath with a jetted soaking tub. Additional bedrooms and den provide flexibility for guests, work-from-home needs, hobbies, or other uses. Located approximately 1 mile from Alki Point Lighthouse, less than 3 miles from the West Seattle Water Taxi terminal, and just minutes from Admiral dining, shopping, and neighborhood amenities, this home places some of West Seattle's most sought-after destinations nearby. Downtown Seattle access is available via the Water Taxi, which connects West Seattle and downtown Seattle in approximately 10-15 minutes. Additional highlights include assigned parking, generous storage, workshop space, a new roof, fresh exterior paint, clubhouse access, and a shared units.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 1.5 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
Jun 19, 2026
$1,650,000
$1,750,000
-6% Price Drop
Initial Listing
Jun 10, 2026
$1,750,000
Initial Listing