
Seattle, WA 98116
This Single Family Residence represents a Strong Value Opportunity, listed at $850,000—positioned well above the $799,918 Fair Market Value by 6%. While the property is currently priced above the estimated market value, its Condition Rating of 4 and prime location one block from Beach Drive offer significant lifestyle appeal. Featuring a spacious front deck, stone patio, and open living area, this home is a peaceful coastal retreat. It is an ideal acquisition for Owner-Occupants or beachside lifestyle seekers looking for a move-in ready home in a premier Seattle neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4018 59th Avenue SW Subject 2 bd · 1 ba · 1,030 sqft · $777 | $820,000 | 2 | 1 | 1,030 | $777 | - |
A 4718 48th Avenue SW Sold 3 bd · 2 ba · 1,050 sqft · $848 · 0.9 mi | $890,000 | 3 | 2 | 1,050 | $848 | 0.9 mi |
B 4812 SW Stevens Street Sold 3 bd · 2 ba · 1,180 sqft · $712 · 1.0 mi | $840,000 | 3 | 2 | 1,180 | $712 | 1.0 mi |
C 4052 54th Avenue SW Sold 2 bd · 1 ba · 1,300 sqft · $673 · 0.3 mi | $875,000 | 2 | 1 | 1,300 | $673 | 0.3 mi |
D 2715 50th Avenue SW Sold 2 bd · 1 ba · 694 sqft · $980 · 0.9 mi | $680,000 | 2 | 1 | 694 | $980 | 0.9 mi |
E 4137 54th Avenue SW Pending 1 bd · 1 ba · 880 sqft · $881 · 0.3 mi | $775,000 List Price | 1 | 1 | 880 | $881 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, the home is over 30 years old. While it is well-maintained, clean, and features some cosmetic updates like newer flooring and stainless steel appliances, the kitchen cabinets and countertops remain dated and reflect the original construction era.
Situated just one block off Beach Drive, this home offers the quintessential Alki lifestyle with easy access to waterfront dining and recreation while maintaining a quiet, serene atmosphere set back from the street.
The property features multiple outdoor retreats, including a spacious front deck and a private, terraced backyard with a stone patio and mature greenery, perfect for entertaining and enjoying coastal breezes.
The interior boasts a functional open living and dining area enhanced by a gas fireplace, a cozy window seat, and a charming Dutch door, creating a seamless flow between indoor and outdoor spaces.
With only one bathroom serving two bedrooms, the layout may be less convenient for households with multiple occupants or frequent guests compared to other homes in this price bracket.
At just 1,030 square feet, the home offers a relatively small footprint for its $850,000 price point, which may limit appeal for buyers seeking more interior volume or additional flex space.
Welcome to this charming beach house tucked on the quieter side of the beach, just one block off Beach Drive. From the moment you arrive, the setting feels special and serene, with the home set back from the street, a spacious front deck, shade from a mature evergreen and refreshing breezes off the water on warm summer days. Inside, a large open living and dining area offers an inviting place to gather, complete with a gas fireplace and a cozy window seat framed by two closets. The kitchen overlooks the main living space, making it easy to cook, connect and entertain. A Dutch door opens to the peaceful backyard, where a deck, stone patio, terraced plantings and mature greenery create a relaxed outdoor retreat. Additional highlights include a large storage shed and a front garden bed. Close to La Rustica, Alki restaurants and the best of beachside living, this home is ready for you to move in and enjoy the rest of summer in your own peaceful retreat!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,030 | 1,801.924 |
| Lot Size | 4,000 | 4,494.536 |
| Price | $820.0K | $974.4K |
| Price per sq ft | $796 | $569 |
| Built year | 1992 | 1948 |
| HOA | $0 | $78 |
| Days on market | 85 | 35 |
Jul 31, 2026
$850,000
Initial Listing