500 Fifth Avenue W 505, Seattle, WA 98119, Seattle, 98119 - 2 bed, 2 bath
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Seattle, WA 98119
This Turnkey Condominium is a Strong Value Opportunity, listed at $575,000—positioned slightly above the $560,431 Fair Market Value. Despite the premium, the property offers an Excellent Condition Rating with modern upgrades including rare AC cooling, luxury plank flooring, and panoramic city and mountain views. The seller’s incentive of pre-paid 2026 HOA dues provides immediate financial relief. Located in the vibrant Lower Queen Anne neighborhood, this residence is an ideal sanctuary for urban professionals or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Fifth Avenue W 505 Subject | $575,000* List Price | 2 | 2 | 966 | $580 | - |
A 500 5th Ave W 303 Active | $499,000 List Price | 2 | 2 | 969 | $515 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1968, the unit has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with stainless steel appliances, brand new luxury plank flooring, new carpet, and fresh paint. The addition of rare AC cooling indicates upgraded systems, and the overall condition is mint and move-in ready.
The property features a wall of windows showcasing unobstructed views of the Space Needle, Puget Sound, and mountains, providing a quintessential Seattle living experience.
This end-unit condo includes brand new luxury plank flooring, fresh paint, and the rare addition of air conditioning, which is a significant competitive advantage in the Seattle market.
The seller is pre-paying the HOA dues for the remainder of 2026, offering the buyer substantial immediate savings and reducing the initial cost of ownership.
At $924 per month, the association fees are relatively high for a unit under 1,000 square feet, which may impact buyer affordability and long-term carrying costs.
Built in 1968, the building may lack the modern amenities and energy-efficient infrastructure found in newer luxury developments, potentially leading to future maintenance assessments.
* REST OF 2026 HODS PRE-PAID BY SELLER! * Wake up everyday to wall of windows showcasing sparkling City, Space Needle, Sound & Mountain v i e w s. Watch the ferries and cruise ships during morning coffee from your dining area, or daydream on the deck at sunset over cocktails. Truly a fantastic offering, with rare AC cooling, brand new luxury plank flooring, fresh paint, great organized storage, even garage parking with a Lift?! You can have it all! End unit, corner condo, 2 bedrooms + 1.75 baths, modern kitchen with open design, a dining room, v i e w s, separate storage unit, new carpet, and laundry in-unit. Primary Suite fits a king size bed, has ample closet space and it's own 3/4 bath attached. Building has an elevator, and unique lobby entrance w glass atrium. Lower QA location offers convenience and character: moments to secret gems like the Elliot Bay Trail, newly renovated Centennial Park, Climate Pledge, Caffe Vita at KEXP, Sister & Brothers, and more. This condo is a 10/10!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1968 | - | 0% |
| HOA | $924 | $0 | 0% |
| Days on market | - | - | 0% |
May 26, 2026
$575,000
Initial Listing