
Seattle, WA 98119
This Turnkey Penthouse represents a Strong Value Opportunity, listed at $1,195,000—positioned above the $1,100,657 Fair Market Value. While priced slightly above current estimates, the property offers a Mint Condition Rating following a high-end remodel. Key features include panoramic skyline views, a private backyard garden, and a chef's kitchen. With no rental caps and short-term rental eligibility, this residence provides rare flexibility in a prime location. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 W Prospect Street #A Subject 2 bd · 3 ba · 1,454 sqft · $757 | $1,195,000* List Price | 2 | 3 | 1,454 | $757 | - |
A 1401 5th Avenue W 402 Pending 3 bd · 2 ba · 1,564 sqft · $607 · 0.2 mi | $949,000 List Price | 3 | 2 | 1,564 | $607 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1900, the property has undergone a high-end, modern luxury remodel. The interior features a chef's kitchen with waterfall quartz countertops, premium stainless steel appliances, Carrera marble bathrooms, and pristine hardwood floors, indicating a recent mint-condition renovation with no maintenance required.
The property boasts sweeping vistas of the Seattle skyline, Space Needle, Mount Rainier, and Puget Sound, offering a premier visual experience from both the interior and the view deck.
Unlike most urban condos, this penthouse includes an extraordinary, professionally landscaped backyard garden and patio, providing a private outdoor sanctuary in a high-density neighborhood.
With no rental cap and short-term rentals permitted, this residence offers significant versatility for investors or owners seeking supplemental income in a prime location.
Originally constructed in 1900, the property may lack the modern soundproofing and structural efficiencies found in newer builds, despite its high-end interior remodeling.
The 252 sq. ft. bonus room is located on a separate lower level from the main living area, which may feel less cohesive for buyers preferring a fully integrated floor plan.
Perched above Queen Anne, this beautifully remodeled penthouse seamlessly blends modern luxury, sweeping panoramic views and an extraordinary backyard garden—an offering rarely found in Seattle. Located in an intimate boutique building of only two residences, it combines the privacy + comfort of a single-family home with the convenience of low-maintenance condo living in one of Queen Anne's most sought-after neighborhoods. Take in spectacular vistas of the Seattle skyline, Space Needle, Mount Rainier, the Olympic Mountains, and Puget Sound from the view deck, or unwind fireside while enjoying the same breathtaking backdrop. Inside, rich hardwood floors, Carrera marble bathrooms, and a beautifully remodeled chef's kitchen with waterfall quartz countertops, a gas range, and premium stainless steel appliances create timeless appeal. The luxurious primary suite offers a spa-like five-piece bath, Juliet balcony, and spacious walk-in closet, while a generous 2nd bedroom + stylish 3/4 bath complete the main level. Downstairs, Unit A includes a flexible bonus room (252 sq. ft.) ideal for a home office, media room, fitness space or private guest room, along with a shared powder room + extra storage. Outside, enjoy a backyard patio + professionally landscaped garden framed by incredible views. Just moments from Queen Anne's favorite parks, cafés, South Lake Union & Downtown, this exceptional home includes off-street parking, no rental cap, and short-term rentals permitted. HOA $500/mth
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,454 | 1,048.033 |
| Lot Size | 4,000 | 1,930.425 |
| Price | $1.20M | $548.3K |
| Price per sq ft | $822 | $551 |
| Built year | 1900 | 1997 |
| HOA | $500 | $317 |
| Days on market | 77 | 63 |
Aug 8, 2026
$1,195,000
Initial Listing