
Seattle, WA 98116
This Waterfront Condominium represents a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,452,459 Fair Market Value by 7%. This valuation gap offers $102,459 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the property offers a rare, expansive 1,935 sqft layout with a private beachside patio and panoramic Puget Sound views. While the interior reflects its 1984 origins, the prime location provides a serene coastal lifestyle. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier waterfront residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4163 Beach Drive SW 102 Subject | $1,350,000* List Price | 2 | 3 | 1,935 | $751 | - |
A 3089 Alki Avenue SW 2 Active | $1,650,000 List Price | 3 | 3 | 2,340 | $705 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, the property is exceptionally well-maintained but features dated interior elements. The bathroom's glass block shower, tile work, and vanity lighting, along with the bedroom's built-in cabinetry, indicate a renovation or original style that is over 20 years old. While functional and move-in ready, it meets the 'Fair' criteria due to its age and the need for aesthetic updates to meet modern standards.
This rare corner residence offers direct beach access and a private beachside patio, providing an immersive Pacific Northwest coastal experience with stunning water and mountain views.
At over 1,900 square feet, this is the largest unit in the exclusive 12-residence building, featuring a spacious two-level floorplan with two full ensuite bedrooms for maximum privacy.
Perfectly situated on Beach Drive, the property offers a serene setting near Me-Kwa-Mooks Park while remaining within walking distance to the vibrant shops, restaurants, and sandy shores of Alki Beach.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The monthly HOA fee of $1,561 is significant and may impact the overall affordability or appeal for buyers sensitive to high carrying costs.
Built in 1984, the property may require modern aesthetic updates or face higher long-term maintenance requirements typical of older waterfront structures exposed to salt air.
Nothing compares to true waterfront living! Over 1,900+ square foot, two-level corner residence featuring a rare private beachside patio where you can relax, entertain, and soak in breathtaking views just steps from the shoreline. The thoughtfully designed floorplan offers seamless living and entertaining on the main level, while upstairs you'll find a tranquil primary suite with stunning water views, plus a spacious second ensuite bedroom that provides comfort and privacy for guests. Located in a community of twelve residences, Unit #102 is the largest home in the building. Owners take exceptional pride in maintaining this special property, complemented by professional management. A look at the sales history reveals just how rarely homes become available here—a testament to the peaceful setting, refreshing salt air, and captivating waterfront lifestyle. Every day feels like a vacation as you enjoy beach walks, spectacular sunsets, and the calming rhythm of the waves. Stroll to nearby Me-Kwa-Mooks Park or explore the vibrant shops, restaurants, pubs, and sandy shores of Alki Beach. Whether you embrace an active outdoor lifestyle or simply savor the serenity of home, this is Pacific Northwest coastal living at its finest. Aloha from Alki!
No exterior & parking available.
No sensitive facilities data found.
Jul 6, 2026
$1,350,000
Initial Listing