
Seattle, WA 98116
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $930,000—positioned well above the $782,885 Fair Market Value by -18%. While the property carries a Fair Condition Rating due to its 1984 vintage, it features modern upgrades like mini-split A/C and EV charging. The unique treehouse-like setting with mountain and Sound views offers significant lifestyle appeal. Given the extended market time, this property is best suited for Value-Add Investors or Owner-Occupants willing to perform cosmetic updates to unlock long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4014 57th Avenue SW Subject 3 bd · 2 ba · 1,730 sqft · $446 | $899,000* List Price | 3 | 2 | 1,730 | $446 | - |
A 3056 50th Avenue SW Sold 3 bd · 2 ba · 2,008 sqft · $397 · 0.7 mi | $797,000 | 3 | 2 | 2,008 | $397 | 0.7 mi |
B 4054 54th Avenue SW Active 4 bd · 3 ba · 2,290 sqft · $502 · 0.2 mi | $1,149,000 List Price | 4 | 3 | 2,290 | $502 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984 (40 years old), the property falls into the Fair category due to its age exceeding 20 years. While it features excellent modern system upgrades such as mini-split A/C and EV charging, the interior elements like louvered closet doors and 1980s architectural style suggest the home is dated and would benefit from cosmetic updates to the kitchen and bathrooms.
The property offers a unique 'treehouse' feel with spectacular views of the Sound and mountains, complemented by mature landscaping and abundant natural light from numerous skylights.
Equipped with essential modern features like mini-split A/C and an EV-ready garage, the home also includes a generous $10,000 seller credit toward closing costs.
Situated in the desirable Genesee neighborhood, this home provides a peaceful retreat that is just minutes away from the dining and shopping at Alaska Junction and the recreation at Alki Beach.
The 2,500 square foot lot is relatively small for a single-family residence, which may deter buyers looking for a traditional large yard or significant outdoor expansion space.
With over 110 days on the market, the property may face perception challenges regarding its value or its three-level vertical layout compared to faster-selling local inventory.
$10K IN CLOSING COSTS OR BUY DOWN! Like Living in a Treehouse! Spectacular Sound & mountain views from this captivating 3-level, 3-bdrm home, tucked away on a quiet street in West Seattle's Genesee neighborhood. Nestled among the trees, this peaceful retreat feels worlds away from the hustle & bustle, yet is just minutes from Alaska Junction's shops, restaurants, cafes, & everyday conveniences, w/Alki Beach nearby for waterfront recreation, dining, & summer fun. Low-maintenance grounds allow more time to enjoy life's passions, while the private terraced backyard patio offers a serene setting for morning coffee, gardening, or relaxing. Surrounded by mature landscaping & nature, the outdoor spaces provide a welcome escape & a true connection to the Pacific NW. Inside, abundant skylights fill the home w/natural light, creating a bright & airy atmosphere that brings the outdoors in. Large windows frame leafy outlooks & captivating views, enhancing the home's tranquil, treehouse-like feel. The kitchen overlooks the lush backyard & terraced planters, providing pleasurable meal preparation while staying connected to the beauty outside. Enjoy year-round comfort w/mini-split A/C & the convenience of an attached garage with EV charging. Watch hummingbirds drifting through the garden and stunning sunsets, while savoring privacy and serenity. A peaceful haven in which to unwind, recharge, and experience the very best of NW living. Aloha from Alki!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,730 | 1,801.924 |
| Lot Size | 2,500 | 4,494.536 |
| Price | $899.0K | $974.4K |
| Price per sq ft | $520 | $569 |
| Built year | 1984 | 1948 |
| HOA | $0 | $78 |
| Days on market | 129 | 35 |
Oct 22, 2026
$899,000
$930,000
-3% Price Drop
Initial Listing
Jun 17, 2026
$930,000
Initial Listing