530 W Olympic Place 304, Seattle, WA 98119, Seattle, 98119 - 1 bed, 1 bath
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Seattle, WA 98119
This Turnkey Queen Anne Condo is a High-Potential Investment Opportunity, listed at $339,000—positioned well above the $288,649 Fair Market Value by -17%. While priced above market, the property offers a Condition Rating of 3, featuring a renovated kitchen and original oak floors. With no rental cap and a prime location near Kinnear Park, it provides immediate rental utility. The unit includes a rooftop deck with panoramic views and proximity to top-rated schools. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 W Olympic Place 304 Subject | $339,000* List Price | 1 | 1 | 610 | $473 | - |
A 500 W 5th Avenue 306 Sold | $300,000 | 1 | 1 | 657 | $457 | 0.3 mi |
B 530 W Olympic Place 301 Active | $405,000 List Price | 2 | 1 | 777 | $521 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1949, the unit features significant updates including a renovated kitchen with quality cabinetry and stone countertops, updated picture windows, and well-maintained oak flooring. The interior finishes appear to be from a renovation within the last 5-15 years, making the property functional and move-in ready.
Situated in the highly desirable Queen Anne neighborhood across from Kinnear Park, this unit offers iconic views of Puget Sound and ferries, further enhanced by a rooftop deck with sweeping panoramic vistas.
The property is sold fully furnished with no rental cap, making it an exceptional turnkey opportunity for investors or buyers seeking a move-in-ready residence in a high-demand area.
Built in 1949, the condo retains its vintage charm with original oak floors while featuring essential modern upgrades, including updated picture windows and a high-quality kitchen with ample cabinetry.
The monthly association fee of $820 is notably high for a 610-square-foot one-bedroom unit, which may deter budget-conscious buyers or impact overall financing qualification.
The property relies on Zone 13 street parking rather than a dedicated private space, which can be a significant inconvenience in a dense urban neighborhood like Seattle.
Fully furnished, spacious 1BR/1BA condo in Seattle’s Park Terrace, ideally located in Queen Anne. Updates throughout. Kinnear Park across the street with Puget Sound views beyond. Mid-Century character, gorgeous oak floors, large, updated picture windows (watch the ferries sail by), great kitchen with lots of quality cabinetry, dedicated dining area, rooftop deck (sweeping views), extra storage, bike parking. Pet-friendly, no rental cap. Easy transit; Zone 13 street parking + EV spots out front.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
Jul 15, 2026
$339,000
Initial Listing