5625 SW Teig Place, Seattle, WA 98116, Seattle, 98116 - 3 bed, 2 bath
Loading property details...
Seattle, WA 98116
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,250,000—positioned above the $1,179,072 Fair Market Value. While priced at a premium, the property maintains an Excellent Condition Rating following a comprehensive modern remodel. Featuring a remodeled kitchen with quartz countertops, central A/C, and a permitted short-term rental suite, this home offers rare versatility. Located near top-rated Alki Elementary, it provides a premium coastal lifestyle. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5625 SW Teig Place Subject | $1,190,000* List Price | 3 | 2 | 1,550 | $724 | - |
A 3239 61st Avenue SW Sold | $1,150,000 | 3 | 4 | 1,848 | $622 | 0.4 mi |
B 2129 42nd Avenue SW Sold | $1,079,000 | 3 | 2 | 1,760 | $613 | 1.0 mi |
C 3039 61st Avenue SW Sold | $900,000 | 3 | 2 | 1,260 | $714 | 0.3 mi |
D 4007 49th Avenue SW Sold | $851,000 | 2 | 1 | 1,520 | $560 | 0.8 mi |
E 3413 48th Avenue SW Sold | $1,032,300 | 3 | 2 | 1,680 | $614 | 0.6 mi |
F 4019 50th Avenue SW Sold | $1,010,000 | 3 | 2 | 1,660 | $608 | 0.8 mi |
G 3033 44th Avenue SW Sold | $1,145,000 | 3 | 2 | 1,735 | $660 | 0.8 mi |
H 5041 SW Prince Street Pending | $1,150,000 List Price | 3 | 2 | 1,560 | $737 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern remodel within the last 5 years, featuring a high-end kitchen with quartz countertops and stainless steel appliances, updated bathrooms, and refinished hardwood floors. Key systems have been modernized with the addition of central A/C and an EV charger, placing it in mint, move-in ready condition.
Situated on a quiet street just moments from Alki Beach, the property offers a quintessential coastal lifestyle with easy access to waterfront dining, parks, and scenic mountain views.
The lower level features a private keyless entry and is currently a permitted short-term rental, providing excellent flexibility for multi-generational living or supplemental rental income.
Rare for the Alki area, this home includes central A/C, an EV charger, and five total parking spaces, complementing the high-end interior remodels and quartz finishes.
With 1,550 square feet of living area, the home's footprint is relatively modest for a three-bedroom property at this price point, which may feel tight for larger households.
Built in 1967, the property may have underlying structural or utility characteristics typical of its age that a cosmetic remodel might not fully address compared to newer builds.
Nestled on a quiet street just moments from Alki Beach, this beautifully remodeled home offers the perfect blend of comfort, character, and location. Refinished hardwood floors flow throughout the main living areas, while the light-filled living room features a cozy window seat with mountain views that change beautifully with the seasons. The open dining area connects seamlessly to the remodeled kitchen with quartz countertops and stainless steel appliances. The main level offers two bedrooms and a full bath. Downstairs features a spacious family room, third bedroom with private keyless entry, updated three-quarter bath, and flexible space for guests, multi-generational living, a home office, or a lower-level suite currently operating as a permitted short-term rental (buyer to obtain any required permits and approvals). One-car garage with EV charger, four additional off-street parking spaces, and central A/C. Enjoy the Alki lifestyle with nearby waterfront dining, coffee shops, ice cream, playgrounds, and beach walks. Explore the tidepools at Constellation Beach Park, unwind in Schmitz Preserve Park, or join neighborhood traditions like the annual Alki Beach Polar Bear Plunge. Just minutes from Alaska Junction and Admiral, you'll enjoy the best of West Seattle while never having to compete for beach parking. Watch ferries cross Puget Sound, keep an eye out for passing orcas, and discover why life at Alki feels like island time.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
Jul 19, 2026
$1,190,000
$1,250,000
-5% Price Drop
Initial Listing
Jul 9, 2026
$1,250,000
Initial Listing