
Seattle, WA 98116
This property presents a Strong Value Opportunity, listed at $559,950—positioned well above the $523,114 Fair Market Value. While the price reflects a premium, the unit offers a Fair Condition Rating with significant potential for cosmetic modernization. Featuring a rooftop balcony with panoramic Puget Sound and Olympic Mountain views, the home provides a unique lifestyle experience. Located near highly-rated schools like Alki Elementary, this is a stable asset for Owner-Occupants seeking a waterfront lifestyle or long-term investors prioritizing location over immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3200 Alki Avenue SW 301 Subject | $529,950* List Price | 2 | 2 | 955 | $532 | - |
A 3142 Alki Avenue SW 303 Sold | $535,000 | 2 | 1 | 803 | $666 | 0.0 mi |
B 3022 63rd Avenue SW 202 Pending | $484,950 List Price | 2 | 2 | 837 | $579 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old condo is well-maintained but remains largely in its original state. The photos show dated 1980s-style flat-panel wood closet doors, original cabinetry, and older trim. While the unit is clean and functional, it lacks the modern kitchen and bath renovations necessary for a 'Good' rating and fits the 'Fair' criteria for properties over 20 years old needing updates.
Situated on the westernmost edge of West Seattle, this property offers exceptional walkability to the Alki boardwalk, local cafes, and popular neighborhood restaurants.
The western exposure and rooftop balcony provide stunning, unobstructed views of Puget Sound and the Olympic Mountains while flooding the home with natural light.
The efficient 2-bedroom floor plan features a primary ensuite, generous kitchen storage, secure garage parking, and a private storage closet for added convenience.
The monthly association fee of $1,500 is significantly higher than average for a 955-square-foot condo, which may impact overall affordability for many buyers.
Built in 1984, the property may require more maintenance or future capital improvements compared to newer developments in the West Seattle area.
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 | 1,034.227 |
| Lot Size | - | 2,208.034 |
| Price | $530.0K | $552.8K |
| Price per sq ft | $555 | $559 |
| Built year | 1984 | 1997 |
| HOA | $1500 | $311 |
| Days on market | 29 | 63 |
Sep 3, 2026
$529,950
$559,950
-5% Price Drop
Initial Listing
Aug 11, 2026
$559,950
Initial Listing