
Seattle, WA 98119
This Rare 3BR View Condo is a High-Potential Investment Opportunity with a List Price of $710,000—positioned well below the $726,112 Fair Market Value by 2%. This valuation gap offers $16,112 in Instant Equity for buyers ready to modernize the Original 1982 Condition. Boasting 1,440 sqft and iconic Elliott Bay and Space Needle views, the property sits in Lower Queen Anne near Top-Rated Schools like McClure Middle and Ballard High. This estate sale is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 W Roy Street 304 Subject | $710,000* List Price | 3 | 2 | 1,440 | $504 | - |
A 500 W Roy Street W103 Active | $560,000 List Price | 2 | 2 | 1,071 | $523 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in its original 1982 condition, featuring dated laminate cabinetry with wood trim, older appliances, and basic carpeting. While the unit appears well-maintained and functional, it has not undergone any major renovations since construction and requires comprehensive cosmetic updates to meet modern standards.
The property boasts sweeping views of Elliott Bay and the Space Needle from a private covered balcony, providing a premium visual experience that is highly valued in the local market.
With 1,440 square feet and a 3-bedroom, 2-bathroom configuration, this unit offers exceptional size and storage capacity that is difficult to find in the Lower Queen Anne neighborhood.
Located near Seattle Center, Climate Pledge Arena, and waterfront parks, the condo offers residents immediate access to world-class dining, entertainment, and transit options.
The unit is in its original condition and requires significant updates and modernization to bring it up to current market standards and aesthetic preferences.
Being sold as-is by a trustee, the property may require a more complex closing process and immediate capital investment for repairs, which could deter some traditional buyers.
Rare 3BR/2BA Lower Queen Anne condo with sweeping Elliott Bay and Space Needle views from your private covered balcony. Offering 1,440 sqft of light-filled living space, this spacious floor plan features wall-to-wall built-ins, in-unit laundry, generous room sizes, and abundant storage rarely found in the neighborhood. Secure 1982 building with elevator access in an unbeatable location near Seattle Center, Climate Pledge Arena, waterfront parks, dining, shops, and transit. Estate sale in original condition and ready for your updates. Sold as-is by trustee. A rare opportunity to create equity in a true Seattle view home with exceptional size and location.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 0.8 mi
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 | 1982 | - | 0% |
| HOA | $873 | $0 | 0% |
| Days on market | - | - | 0% |
Feb 5, 2026
$710,000
Initial Listing
Jul 31, 1989
$179,900
Public Record