
Seattle, WA 98116
This Boutique Beachside Condo is a Strong Value Opportunity, listed at $334,500—positioned well below the $360,817 Fair Market Value by 7%. This valuation gap provides $26,317 in Instant Equity for a property in Move-in Ready Condition. Featuring Olympic Mountain and Puget Sound views from a private balcony, the unit includes bamboo flooring and a rare two-car parking allocation. Located blocks from Alki Beach, it balances high-demand lifestyle perks with solid financial upside. This is an ideal acquisition for Owner-Occupants seeking a coastal sanctuary or Buy-and-Hold Investors targeting a low-inventory submarket.
Property is move-in ready.
The property is move-in ready and well-maintained. While built in 1985, it features significant interior updates including bamboo flooring throughout and an updated 3/4 bathroom. The open-concept living space and overall cleanliness indicate that major systems are functional and the unit has been modernized beyond its original construction standards.
Situated on Beach Drive with stunning Olympic Mountain views and immediate access to Alki Beach's renowned dining and waterfront recreation.
The inclusion of two dedicated parking spaces is a rare and highly valuable asset for a condominium in this high-demand Seattle neighborhood.
With only 11 units in the building, residents enjoy enhanced privacy, tranquility, and a sense of community often missing in larger developments.
The monthly HOA fee of $845 is relatively high compared to the listing price, which may impact the overall monthly carrying costs and buyer affordability.
Constructed in 1985, the property may require more frequent maintenance or future capital improvements common with older boutique structures.
Don't miss your chance to own this pristine 2 BR condo on Beach Drive! Enjoy fresh salt air, stunning sunsets, & breathtaking Olympic Mountain views from your private balcony. Just blocks away from beach access, the beloved La Rustica, & Alki Beach's cafés & restaurants. This charming, boutique building boasts only 11 units, offering a sense of privacy & tranquility. Inside, you'll find an open-concept living space, seamlessly blending the living, dining, & kitchen areas w/ a convenient breakfast bar. The updated 3/4 bathroom & bamboo floors add a touch of elegance throughout. Plus, you'll have 2 parking spots to make coming & going a breeze. Live your beachside dream at an unbeatable price!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
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| Beds | - | - | 0% |
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| Built year | 1985 | - | 0% |
| HOA | $845 | $0 | 0% |
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Apr 15, 2026
$309,000
$334,500
-8% Price Drop
Initial Listing
Mar 18, 2026
$334,500
Initial Listing