
Seattle, WA 98116
This Waterfront Alki Condominium serves as a premier coastal sanctuary listed at $550,328, representing a stable market position relative to its $536,196 Fair Market Value. The property maintains a Move-in Ready Condition Rating following significant updates, including new bamboo flooring, a 2025 building roof, and a private deck. Residents enjoy panoramic views of Puget Sound and the Olympic Mountains, with immediate access to Alki Point Lighthouse and top-rated Alki Elementary (8/10) and Madison Middle School (7/10). This is an ideal residence for lifestyle-oriented buyers or Owner-Occupants seeking a turnkey waterfront retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3142 Alki Avenue SW 303 Subject | $550,328* List Price | 2 | 1 | 803 | $668 | - |
A 3200 Alki Avenue SW 301 Active | $559,950 List Price | 2 | 2 | 955 | $586 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1987, the property is well-maintained and move-in ready due to significant recent updates including new bamboo flooring, a brand-new range, and a new building roof installed in 2025. The kitchen is functional with updated stainless steel appliances, and while some elements like the cabinetry and closet doors appear dated, the overall condition and recent system/surface improvements exceed the 'Fair' threshold.
Situated on a 'Permanently Healthy' pedestrian street directly across from Alki Point Lighthouse, offering unparalleled access to beaches, tide pooling, and water sports.
The property boasts stunning, unobstructed views of the Puget Sound, Olympic Mountains, and local marine life, providing a high-value aesthetic experience from the private deck.
Features significant recent updates including new bamboo flooring, a brand-new Amana range, and a building-wide new roof installed in 2025, reducing near-term maintenance concerns.
At 803 square feet with only one bathroom, the living space may feel restrictive for families or those requiring more privacy and storage.
The $611 monthly association fee is relatively high for a two-bedroom unit at this price point, which may impact overall affordability and buyer interest.
Soak in the sunshine, magnificent sunsets, and panoramic views of Puget Sound and the Olympic Mountains from your own waterfront retreat. Watch Orcas playing & the Downtown & West Seattle ferries pass by from the comfort of your deck, or stay inside and snuggle up by the fireplace on cooler coastal days. Ideally situated on a designated “Permanently Healthy” pedestrian street, this charming 2-bedroom, 1-bath home sits directly across from the iconic Alki Point Lighthouse and Coast Guard station. Just steps away, you can access the Constellation beach park for tide pooling, kayaking, and paddle boarding. Or simply enjoy the actual sandy beach, and it's breathtaking views. A short 5 min walk or 2 min bike ride North and you get a vibrant mix of restaurants, cafés, and shops. Hop on the nearby fast ferry for quick access to downtown Seattle. Live in one of the only buildings with nothing but greenspace behind it; where you know all of your neighbors, & function as a co-op without the issues of one. This unit lives larger than the sq ft. and offers a kitchen with lots of storage & a breakfast bar, a dining area and a large, bright living room with a wood burning fireplace, and your own deck! Recent updates include: new Bamboo floors, a brand new Amana range, a newer refrigerator, washer and dryer. A large private primary bedroom, the second bedroom has a very comfortable Murphy bed; ideal for guests, or a work-from-home setup. Building got a new torch down roof in 2025.
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.
| 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 | 1987 | - | 0% |
| HOA | $611 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 23, 2026
$550,328
Initial Listing