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
ACTIVE
CONDITION: GOOD
1Beds
1Baths
355Sq Ft
0Lot Size
Property Price
LIST PRICE$295,000
EST. MARKET VALUE
$289,162
SUMMARY
This Turnkey Waterfront Condominium is a Strong Value Opportunity, listed at $295,000—positioned slightly above the $289,162 Fair Market Value. While the price reflects the premium Alki location, the unit features a Condition Rating of 3 with high-end Caesarstone countertops and bamboo flooring. Residents enjoy panoramic Puget Sound views and proximity to top-rated schools like Alki Elementary. Despite the compact 355 sqft footprint, the property offers a rare, accessible entry into a premier lifestyle. This is an ideal acquisition for first-time buyers or urban professionals seeking a move-in ready coastal retreat.
Estimated Market Value
$289,162
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 | $295,000* List Price | 1 | 1 | 355 | $815 | - |
A 3151 Alki Avenue SW 22 Active | $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.
While the building dates to 1955, the unit itself has undergone significant modern renovations. The kitchen features updated custom cabinetry and Caesarstone countertops, and the bathroom has been fully modernized with a tile surround and glass shower. With bamboo flooring and fresh paint, the property is in well-maintained, move-in ready condition consistent with a 5-15 year renovation cycle.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just steps from Alki Beach, the unit offers a sought-after waterfront lifestyle with stunning Puget Sound views and immediate access to local dining and recreation.
- Modern Interior Upgrades
The home features high-quality finishes including bamboo flooring, Caesarstone countertops, and custom cabinetry, offering a stylish, move-in-ready environment.
- Competitive Price Point
At under $300k, this property provides an affordable entry into a premium neighborhood, complete with rare perks like dedicated parking and secure storage.
CONSRISKS & DEFICIENCIES
- Minimal Square Footage
With only 355 square feet of living space, the unit is exceptionally compact, which may limit buyer interest and pose challenges for furniture layout.
- Shared Laundry Facilities
The lack of an in-unit washer and dryer requires residents to use communal on-site laundry, which is a common convenience drawback for modern condo buyers.
About 3151 Alki Avenue SW 11
Located just off the point at Alki and steps from the beach, this home offers an affordable opportunity to experience one of Seattle’s most sought-after waterfront lifestyles. This light-filled unit features bamboo floors, fresh paint, and a wall of west-facing windows that fills the home with natural light and captures views of Puget Sound and stunning sunsets. The updated galley kitchen features custom cabinetry, Caesarstone countertops, a convection microwave, and a electric glass cooktop. The stylish and updated three-quarter bath offers a step-in shower and tile surround. Deeded parking space comes with the unit, gated entry, covered walkways, on-site laundry, assigned secure storage, and reasonable HOA dues. Step outside and enjoy everything Alki has to offer—popular restaurants and cafés, beach activities, bike paths, and a vibrant waterfront atmosphere. Schmitz Preserve Park and Metropolitan Market are nearby, with easy access to the passenger ferry to downtown Seattle and just 7 miles to downtown. 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 | 1,034.227 |
| Lot Size | - | 2,208.034 |
| Price | $295.0K | $552.8K |
| Price per sq ft | $831 | $559 |
| Built year | 1955 | 1997 |
| HOA | $357 | $311 |
| Days on market | 12 | 63 |
Pricing History
Listed for Sale
Aug 28, 2026
$295,000
Initial Listing