
Seattle, WA 98116
This Two-Residence Compound is a High-Potential Investment Opportunity, listed at $2,975,000—positioned well below the $3,120,540 Fair Market Value by 4%. This valuation gap offers $145,540 in Instant Equity. Built in 2014 with an Excellent Condition Rating, the property features high-end finishes, a 950 sq ft ADU, and panoramic mountain views. Its rare parking capacity for eight vehicles and flexible layout make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multigenerational lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3310 59th Avenue SW A & B Subject 6 bd · 7 ba · 5,432 sqft · $574 | $2,975,000* List Price | 6 | 7 | 5,432 | $574 | - |
A 3310 59th Avenue SW A & #B Active 6 bd · 7 ba · 5,432 sqft · $594 · 0.0 mi | $3,225,000 List Price | 6 | 7 | 5,432 | $594 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014 (12 years old), the property falls within the 10-20 year age bracket. It is in well-maintained, move-in ready condition with high-end finishes including a kitchen with soapstone and walnut, spa-like bathrooms, and modern systems.
The unique two-residence compound features a 4,482 sq ft main home and a 950 sq ft ADU, providing exceptional flexibility for rental income, guests, or multigenerational living.
Offering a garage, carport, and additional space for up to eight vehicles, this property provides a level of parking convenience that is extremely rare in the dense Alki beach community.
Built in 2014 with high-end finishes like soapstone and walnut, the home combines seaside character with modern amenities, including a layout prepped for a future elevator.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5432, other record living area = 5080. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
With a list price near $3 million, the property is positioned at the high end of the Alki market, which may narrow the field of potential buyers.
The scale of the 5,432 sq ft compound and the presence of two separate living units imply higher utility costs and more intensive long-term property management.
A rare Alki offering w/room to live, gather & grow - a distinctive two-residence compound first offered to market. Built in 2014, this 5,432 sq ft property pairs the character of a classic seaside estate w/sophisticated modern living, creating exceptional possibilities for guests, income or a multigenerational lifestyle. The 4,482 sq ft main residence spans three levels w/4 bedrooms, 4.5 baths & a layout designed for a future elevator. Rich millwork, distressed wood, cased openings & cement-board siding give the home a sense of enduring character. Inside, a Dutch-door entry leads to a sunken living room w/vaulted, beamed ceilings & gas fireplace. The kitchen brings together soapstone, walnut & knotty alder w/paneled appliances, a 48" dual-fuel range, walk-in pantry & water views in multiple directions. French doors open to a west-facing deck for sunset entertaining. Upstairs, the serene owner's suite enjoys sweeping views, a covered view deck & spa-like bath, joined by two ensuite bedrooms w/private view balconies. The 950 sq ft detached ADU offers 2 bedrooms, 1.5 baths & in-unit laundry—ideal for rental income, guests, an au pair. The lower level of the main home adds a separate entry, partial kitchen & sunken media room ideal for work or recreation. Garage, carport & parking for up to eight vehicles complete this extraordinary Alki compound. Aloha from Alki!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 7.0 | 2.0 |
| Square foot | 5,432 | 1,801.924 |
| Lot Size | 7,375 | 4,494.536 |
| Price | $2.98M | $974.4K |
| Price per sq ft | $548 | $569 |
| Built year | 2014 | 1948 |
| HOA | $0 | $78 |
| Days on market | 36 | 35 |
Sep 18, 2026
$2,975,000
Initial Listing
May 9, 1991
$158,000
Public Record