
Seattle, WA 98116
This Prime Investment Opportunity is a contemporary townhome listed at $795,000—positioned well below the $811,414 Fair Market Value by 2%. This valuation gap provides $16,414 in Instant Equity. Featuring an Excellent Condition Rating, the home offers a flexible floor plan with panoramic Puget Sound and Olympic Mountain views. Its prime location in the Alaska Junction ensures high walkability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4121 SW Edmunds Street Subject 2 bd · 2 ba · 1,440 sqft · $563 | $795,000 | 2 | 2 | 1,440 | $563 | - |
A 3951 SW Oregon Street Sold 3 bd · 2 ba · 1,490 sqft · $466 · 0.3 mi | $695,000 | 3 | 2 | 1,490 | $466 | 0.3 mi |
B 4045 44th Avenue SW Sold 3 bd · 4 ba · 1,762 sqft · $527 · 0.6 mi | $929,000 | 3 | 4 | 1,762 | $527 | 0.6 mi |
C 3955 SW Oregon Street Pending 3 bd · 2 ba · 1,460 sqft · $582 · 0.3 mi | $850,000 List Price | 3 | 2 | 1,460 | $582 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the property is 22 years old (built in 2004), it is exceptionally well-maintained, functional, and entirely move-in ready. The kitchen features modern stainless steel appliances, contemporary wood cabinetry, and stone countertops. The home also features updated mini-split HVAC systems and shows no visible signs of wear or deferred maintenance.
Located in the heart of Alaska Junction, the property offers unparalleled access to cafes, restaurants, and a year-round farmers market, significantly reducing reliance on a vehicle.
The home features stunning, unobstructed views of Puget Sound and the Olympic Mountains from the primary loft, main floor, and garden patio, providing a premium Pacific Northwest experience.
With a dedicated flex room and laundry hookups on two levels, the layout supports self-contained living, making it ideal for a home office, gym, or guest suite.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1170, living area = 1440.
The listed association fee of $2,550 is exceptionally high for a townhome of this size, which may impact buyer affordability and overall monthly carrying costs.
The vertical design spread across multiple floors, including a lofted primary suite, may be a drawback for buyers seeking traditional single-level accessibility or enhanced privacy.
Perched on a corner lot above the Alaska Junction, this contemporary townhome puts Puget Sound and the Olympics front and center. Two stories of living space open to the west, with views from your loft primary, main floor, and garden patio. One level down, a flex room (media, gym, office — your call), a second bedroom and full bath with another set of laundry hookups allow for self-contained living both up and downstairs. Out front, the garden patio is where golden hour happens: sun dropping behind the Olympics, ferries drifting past. There's a dedicated spot in the secure garage, but with cafés, restaurants, more grocery stores than you'll need, and a year-round farmers market a short walk away, you may not need your car anymore. All the city, none of the friction. See you in the Junction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,440 | 1,801.924 |
| Lot Size | 1,170 | 4,494.536 |
| Price | $795.0K | $974.4K |
| Price per sq ft | $552 | $569 |
| Built year | 2004 | 1948 |
| HOA | $2550 | $78 |
| Days on market | 38 | 35 |
Sep 16, 2026
$795,000
Initial Listing