
Seattle, WA 98116
This West Seattle Condominium is a Strong Value Opportunity, listed at $529,950—positioned above the $509,510 Fair Market Value. While the property carries a premium, it offers a Condition Rating of 4, providing a functional, move-in ready space with Panoramic Puget Sound Views and a Rooftop Balcony. Located near Alki Elementary (Rating 8), this home balances coastal lifestyle with urban convenience. Despite the higher association fees, the property remains a stable asset for Buy-and-Hold Investors or Owner-Occupants seeking a prime waterfront location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3200 Alki Avenue SW #301 Subject 2 bd · 2 ba · 955 sqft · $534 | $529,950* List Price | 2 | 2 | 955 | $534 | - |
A 3142 Alki Avenue SW 303 Sold 2 bd · 1 ba · 803 sqft · $666 · 0.0 mi | $535,000 | 2 | 1 | 803 | $666 | 0.0 mi |
B 3717 Beach Drive SW 303 Sold 2 bd · 2 ba · 1,080 sqft · $393 · 0.5 mi | $424,950 | 2 | 2 | 1,080 | $393 | 0.5 mi |
C 3200 Alki Avenue SW 201 Active 2 bd · 2 ba · 955 sqft · $518 · 0.0 mi | $495,000 List Price | 2 | 2 | 955 | $518 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 42-year-old condo is well-maintained and clean, but features dated interior elements such as original flat-panel wood doors, older cabinetry, and basic carpet. While functional and move-in ready, it lacks modern updates to the kitchen and finishes.
Situated in the highly desirable Alki community, this property offers exceptional walkability to the boardwalk, local cafes, and restaurants, providing a quintessential Seattle coastal lifestyle.
The western exposure and rooftop balcony deliver stunning, unobstructed views of Puget Sound and the Olympic Mountains, while ensuring the living spaces are flooded with natural light.
The efficient 2-bedroom floor plan includes a primary ensuite, generous kitchen storage, secure garage parking, and a private storage closet, offering high utility for urban living.
The monthly association fee of $1,500 is significantly high relative to the listing price, which may impact buyer affordability and overall investment return.
With 47 days on the market, the property is showing signs of stagnation, suggesting that the combination of price and high carrying costs may be a deterrent for current buyers.
Perched on the westernmost edge of West Seattle, this inviting 2 bedroom, 1.75 bath condo offers incredible views of Puget Sound, the Olympic Mountains, and the nearby lighthouse. Western exposure fills the home with beautiful natural light, highlighting the comfortable living spaces and efficient layout. The primary bedroom features a private ensuite bath, while a cozy dining nook provides the perfect spot for everyday meals or gathering with friends. The kitchen offers generous countertop space and abundant cabinet storage, making cooking and entertaining easy. The true highlight is the stunning rooftop balcony where you can unwind with a glass of wine while watching spectacular sunsets over the Sound and Olympics. Additional features include secure garage parking with one assigned stall and a private storage closet. Located in a quiet community with exceptional walkability to neighborhood restaurants, cafes, and boardwalk. Don't miss out on this gem!
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 955 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $530.0K | $548.3K |
| Price per sq ft | $555 | $551 |
| Built year | 1984 | 1997 |
| HOA | $1500 | $317 |
| Days on market | 74 | 63 |
Aug 11, 2026
$529,950
Initial Listing