3151 Alki Avenue SW #11, Seattle, WA 98116, Seattle, 98116 - 1 bed, 1 bath
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3151 Alki Avenue SW #11
Seattle, WA 98116
CLOSED
CONDITION: GOOD
1Beds
1Baths
355Sq Ft
0Lot Size
Property Price
LIST PRICE$275,000
EST. MARKET VALUE
$275,162
SUMMARY
This Turnkey Waterfront Condominium is a Strong Value Opportunity, listed at $275,000—positioned well below the $275,162 Fair Market Value by 0.06%. Featuring an Updated Galley Kitchen, Bamboo Flooring, and Unobstructed Puget Sound Views, the unit maintains a Condition Rating of 3, ensuring a move-in ready experience. Located steps from Alki Beach and near top-rated schools like Alki Elementary, this property offers a premium lifestyle at an accessible price point. It is an ideal acquisition for first-time buyers or lifestyle-focused professionals seeking a coastal retreat.
Estimated Market Value
$275,162
Based on Realkey algorithm analyzing recent comparable sales in Seattle.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3151 Alki Avenue SW #11 Subject 1 bd · 1 ba · 355 sqft · $775 | $270,000 | 1 | 1 | 355 | $775 | - |
A 3151 Alki Avenue SW 22 Active 1 bd · 1 ba · 355 sqft · $844 · 0.0 mi | $299,500 List Price | 1 | 1 | 355 | $844 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the building was constructed in 1955, the unit itself is well-maintained and move-in ready. It features a recently updated galley kitchen with Caesarstone countertops, a modernized three-quarter bathroom with a step-in tile shower, bamboo flooring, and fresh paint throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Waterfront Location
Situated just steps from Alki Beach, this unit offers immediate access to Seattle's premier waterfront lifestyle, including beach activities, popular dining, and scenic bike paths.
- Modern Interior Upgrades
The home features high-quality finishes including bamboo flooring, Caesarstone countertops, custom cabinetry, and a stylishly updated three-quarter bath with a tile surround.
- Exceptional Value and Affordability
At a $295,000 price point with relatively low HOA dues and deeded parking, this property provides a rare, affordable entry into a high-demand neighborhood.
CONSRISKS & DEFICIENCIES
- Shared Laundry Facilities
The unit lacks in-suite laundry, requiring residents to use the building's on-site facilities, which may be a convenience drawback for some buyers.
- Vintage Building Constraints
Built in 1955, the property may lack contemporary amenities found in newer builds, such as central air conditioning or the spacious layouts of modern developments.
About 3151 Alki Avenue SW #11
LOW HOA DUES • PUGET SOUND VIEW • DEEDED PARKING • STEPS TO ALKI BEACH! Located just off the point at Alki, this light-filled home offers an affordable opportunity to enjoy one of Seattle’s most sought-after waterfront lifestyles. A wall of west-facing windows fills the home with natural light while capturing Puget Sound views and beautiful sunsets. Inside, enjoy bamboo floors, fresh paint, and an updated galley kitchen featuring custom cabinetry, Caesarstone countertops, a convection microwave, and an electric glass cooktop. The stylish updated ¾ bath features a step-in shower with tile surround. A deeded parking space, gated entry, covered walkways, on-site laundry, assigned secure storage, and low HOA dues add to the appeal. Step outside and enjoy Alki’s popular restaurants and cafés, beach activities, bike paths, and vibrant waterfront atmosphere. Schmitz Preserve Park and Metropolitan Market are nearby, with convenient access to the passenger ferry and downtown Seattle just 7 miles away. Experience the Alki lifestyle without the premium price tag!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1955
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $357 / Month
Neighborhood Insights
Seattle Unified Schools
Alki Elementary School
Grades PK-5 • 0.6 mi
8/10
Lafayette Elementary School
Grades PK-5 • 1.5 mi
8/10
Madison Middle School
Grades 6-8 • 1.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 355 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $270.0K | $548.3K |
| Price per sq ft | $761 | $551 |
| Built year | 1955 | 1997 |
| HOA | $357 | $317 |
| Days on market | 57 | 63 |
Pricing History
Listed for Sale
Oct 2, 2026
$275,000
$295,000
-7% Price Drop
Initial Listing
Price Change
Aug 28, 2026
$295,000
Initial Listing