4054 54th Avenue SW, Seattle, WA 98116, Seattle, 98116 - 4 bed, 3 bath
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4054 54th Avenue SW
Seattle, WA 98116
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,290Sq Ft
2,500Lot Size
Property Price
LIST PRICE$1,195,000
EST. MARKET VALUE
$1,173,229
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,230,000—positioned slightly above the $1,184,020 Fair Market Value. While the property carries a Fair Condition Rating due to original 1998 finishes, its Genesee Hill location and vaulted ceilings provide immediate lifestyle appeal. Featuring a spacious primary suite, two balconies, and a backyard deck, this home offers a functional, move-in ready layout. It is an ideal acquisition for Owner-Occupants seeking a prime West Seattle address or first-time buyers prioritizing location over immediate renovation.
Estimated Market Value
$1,173,229
Based on Realkey algorithm analyzing recent comparable sales in Seattle.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4054 54th Avenue SW Subject | $1,195,000* List Price | 4 | 3 | 2,290 | $512 | - |
A 4014 57th Avenue SW Active | $1,000,000 List Price | 3 | 2 | 1,730 | $578 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1998 (26 years old), the property falls into the >20y category. While the description notes it is 'refreshed' with updated appliances and paint, the kitchen and bathrooms still feature original honey-oak cabinetry and dated finishes. It is well-maintained and move-in ready, but the age of the primary fixtures and systems aligns with the 'Fair' criteria for dated properties needing eventual updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime West Seattle Location
Situated in the highly desirable Genesee Hill neighborhood, the property offers exceptional proximity to Alki Beach, the West Seattle Junction, and downtown Seattle, providing a high-demand urban lifestyle.
- Modern Functional Layout
Built in 1998, the home features vaulted ceilings, a spacious primary suite with a five-piece bath, and multiple outdoor living spaces, offering a contemporary flow and volume often missing in older area homes.
- Turnkey Condition
The residence is move-in ready with updated kitchen appliances, refreshed interiors, custom window coverings, and low-maintenance landscaping, minimizing immediate post-purchase investment.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2500, living area = 2290.
- Limited Lot Size
The 2,500-square-foot lot is quite compact for a single-family residence, which may be a drawback for buyers seeking significant yard space or privacy from neighbors.
- Urban Density
Given the small lot footprint and central location, the proximity to neighboring structures is high, potentially impacting natural light and the sense of seclusion.
About 4054 54th Avenue SW
Nestled in the heart of Genesee Hill, this beautifully refreshed residence offers a seamless blend of comfort and everyday functionality. Updated kitchen appliances create a move-in ready interior, while vaulted ceilings add openness throughout the main living spaces. The spacious primary suite features three closets and a spa-inspired five-piece bath. Two upper-level balconies and a generous backyard deck provide inviting spaces for relaxing or entertaining. Complete with custom window coverings, upgraded exterior lighting, a cozy gas fireplace, and low-maintenance landscaping. Just minutes from the West Seattle Junction, parks, cafés, shopping, Alki Beach and downtown Seattle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 2,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,290 | 1,803.474 |
| Lot Size | 2,500 | 4,544.116 |
| Price | $1.20M | $978.6K |
| Price per sq ft | $522 | $570 |
| Built year | 1998 | 1949 |
| HOA | $0 | $68 |
| Days on market | 47 | 36 |
Pricing History
Listed for Sale
Aug 11, 2026
$1,195,000
$1,230,000
-3% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$1,230,000
Initial Listing