
Seattle, WA 98116
This Distinctive Two-Residence Compound is a High-Potential Investment Opportunity, listed at $2,975,000—positioned slightly above the $2,876,852 Fair Market Value. While not a discount buy, the property offers exceptional stability and versatility. Built in 2014 with an Excellent Condition Rating, it features premium finishes like soapstone and walnut, plus panoramic mountain and water views. The inclusion of a detached ADU and parking for eight vehicles provides significant income potential. This is an ideal acquisition for Multigenerational Families or Sophisticated Investors seeking a turnkey, high-yield asset in Alki.
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 · $530 | $2,975,000* List Price | 6 | 7 | 5,432 | $530 | - |
A 3310 59th Avenue SW A Active 4 bd · 5 ba · 4,482 sqft · $496 · 0.0 mi | $2,224,000 List Price | 4 | 5 | 4,482 | $496 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014, the property is approximately 12 years old, placing it in the 10-20 year range. It is exceptionally well-maintained, move-in ready, and features high-end finishes including a premium kitchen with soapstone and walnut, high-quality systems, and spa-like bathrooms.
The property features a 4,482 sq ft main home and a detached 950 sq ft ADU, providing exceptional flexibility for rental income, multigenerational living, or guest accommodations.
Constructed in 2014 with high-end materials like soapstone and walnut, the home offers sweeping mountain and water views from multiple levels and private balconies.
Rare for the Alki neighborhood, the compound includes a garage, carport, and additional space to accommodate up to eight vehicles.
The property is listed as a condominium rather than a traditional single-family residence, which may impact financing options or buyer perception regarding land ownership.
With a list price near $3 million, the property is positioned at the highest end of the local market, potentially narrowing the pool of qualified buyers.
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 | 2.0 |
| Baths | 7.0 | 2.0 |
| Square foot | 5,432 | 1,048.033 |
| Lot Size | 7,375 | 1,930.425 |
| Price | $2.98M | $548.3K |
| Price per sq ft | $548 | $551 |
| Built year | 2014 | 1997 |
| HOA | $0 | $317 |
| Days on market | 36 | 63 |
Sep 18, 2026
$2,975,000
Initial Listing