3228 57th Avenue SW, Seattle, WA 98116, Seattle, 98116 - 4 bed, 3 bath
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Seattle, WA 98116
This Turnkey Coastal Sanctuary is a Prime Investment Opportunity listed at $1,850,000—positioned well below the $1,887,946 Fair Market Value by 2%. This valuation gap offers $37,946 in Instant Equity. Boasting a Mint Condition Rating, the home features panoramic water and mountain views and a rare 11,050 sqft lot. With an open-concept kitchen, finished basement, and updated 2025 deck, all major systems are modernized. It is the perfect fit for lifestyle-oriented buyers or luxury seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3228 57th Avenue SW Subject | $1,795,000* List Price | 4 | 3 | 2,560 | $705 | - |
A 3245 45th Avenue SW Pending | $1,295,000 List Price | 4 | 2 | 2,195 | $590 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations including a modern open-concept kitchen, remodeled bathrooms, and a finished basement. Major systems including HVAC, electrical, plumbing, and the roof have been upgraded, and the deck was updated in 2025, placing it in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11050, living area = 2560.
The property features breathtaking, ever-changing views of the Puget Sound, Olympic Mountains, and passing ferries, providing a quintessential and highly sought-after Pacific Northwest backdrop.
The home has undergone significant renovations, including a remodeled kitchen and basement, plus major system updates to HVAC, electrical, and plumbing, ensuring a move-in-ready experience with reduced maintenance concerns.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2560, other record living area = 1980.
At $1.85M, the property is positioned at a high price tier for its square footage, which may limit the buyer pool to those specifically seeking the premium lot and view combination.
While the immediate setting is peaceful, the proximity to Alki's vibrant core often results in significant traffic and parking challenges during peak summer months and weekends.
Experience the best of West Seattle living in this spacious home just minutes from the vibrant heart of the neighborhood. Enjoy the convenience of nearby shops, dining, and everyday amenities, all while tucked into a peaceful setting. This extensively updated home is designed for modern living, featuring an open-concept kitchen and beautifully remodeled bathrooms, along with remodeled and finished basement creates a bright and inviting atmosphere throughout. Major system upgrades include electrical, plumbing, and HVAC system. Recent exterior improvements shine with new paint and new roof/gutters with transferrable warranty. Updated deck and concrete patio in 2025, perfect for entertaining and enjoying the outdoors. Take in breathtaking panoramic views of the sparkling waters, majestic mountains, and passing ferry boats—an ever-changing backdrop that brings the beauty of the Pacific Northwest right to your doorstep. Whether you're relaxing at home or entertaining guests, the scenery provides a truly unforgettable experience. Rare, large lot with tons of yard space with added potential for future development. This is a rare opportunity to own a well cared for home that perfectly blends prime location, modern upgrades, and stunning natural surroundings.
No exterior & parking available.
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 | 1947 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 30, 2026
$1,795,000
$1,850,000
-3% Price Drop
Initial Listing
Apr 30, 2026
$1,850,000
Initial Listing