
Seattle, WA 98116
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,054,741 Fair Market Value by 0.45%. Featuring a remodeled kitchen, hardwood floors, and a new 2026 roof, the property maintains an Excellent Condition Rating. With a permitted short-term rental lower level and Olympic Mountain views, it offers both lifestyle luxury and income potential. Located near top-rated Alki Elementary, this is an ideal acquisition for Owner-Occupants or Investors seeking a high-quality, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5625 SW Teig Place Subject 3 bd · 2 ba · 1,550 sqft · $680 | $1,050,000* List Price | 3 | 2 | 1,550 | $680 | - |
A 3226 48th Avenue SW Sold 3 bd · 2 ba · 1,500 sqft · $680 · 0.6 mi | $1,020,000 | 3 | 2 | 1,500 | $680 | 0.6 mi |
B 2129 42nd Avenue SW Sold 3 bd · 2 ba · 1,760 sqft · $613 · 1.0 mi | $1,079,000 | 3 | 2 | 1,760 | $613 | 1.0 mi |
C 3039 61st Avenue SW Sold 3 bd · 2 ba · 1,260 sqft · $714 · 0.3 mi | $900,000 | 3 | 2 | 1,260 | $714 | 0.3 mi |
D 3239 61st Avenue SW Sold 3 bd · 4 ba · 1,848 sqft · $622 · 0.4 mi | $1,150,000 | 3 | 4 | 1,848 | $622 | 0.4 mi |
E 4037 52nd Avenue SW Sold 3 bd · 2 ba · 1,650 sqft · $652 · 0.8 mi | $1,075,000 | 3 | 2 | 1,650 | $652 | 0.8 mi |
F 3638 50th Avenue Sold 4 bd · 2 ba · 1,680 sqft · $655 · 0.7 mi | $1,100,000 | 4 | 2 | 1,680 | $655 | 0.7 mi |
G 5041 SW Prince Street Pending 3 bd · 2 ba · 1,560 sqft · $737 · 0.5 mi | $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.
Although built in 1967, the property has undergone extensive recent renovations including a beautifully updated kitchen with quartz countertops and stainless appliances, and remodeled bathrooms. Major systems are in mint condition with a new roof, insulation, sewer lining, and air conditioning added in 2026, meeting the criteria for a high-end, maintenance-free home.
Situated just blocks from Alki Beach, the property offers a premier coastal lifestyle with easy access to waterfront parks, dining, and stunning Olympic Mountain views.
The lower level features a separate entrance and has been used as a permitted short-term rental, providing excellent flexibility for multi-generational living or supplemental income.
The home is in turnkey condition with a new roof, sewer lining, and insulation (2026), plus a remodeled kitchen, updated baths, and an EV-ready garage.
At 1,550 square feet, the interior space is relatively modest for a three-bedroom home, which may limit appeal for buyers requiring larger communal areas.
The 1967 daylight basement design necessitates frequent stair use between levels, potentially posing a challenge for those seeking a more seamless, single-level flow.
Have you dreamed of living near the beach? On a quiet street just blocks from Alki Beach, this charming residence may be your dream come true. Enjoy privacy, a lovely territorial outlook,views of the Olympic Mountains, excellent condition, abundant natural light, hardwood floors, and beautifully updated kitchen and baths. Enter from the sunny view deck into an open living space featuring oversized windows, great natural light, & a cozy window seat. The dining area comfortably seats six & can expand to accommodate larger gatherings. Open kitchen offers generous cabinet space, stainless-steel appliances, & quartz countertops. Hardwood floors continue into both bedrooms on this level, which share a remodeled full bath. The lower level features a spacious family room with stacked washer and dryer. With full daylight, this space could serve a variety of purposes. The third bedroom & dedicated bath are accessed from the family room. The current owners have used this area as a permitted short-term rental. With separate entrance, it is also ideal for guests, multigen living, or a home office. An attached oversized one-car garage with EV charger is also accessed from the lower level. Additional features include air conditioning, new roof, insulation & sewer lining in 2026 plus parking for three additional vehicles. Location is exceptional! Alki’s restaurants, arts, parks & waterfront are just minutes away, along with convenient access to shopping and services in the Admiral Junction.
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.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,550 | 1,801.924 |
| Lot Size | 5,025 | 4,494.536 |
| Price | $1.05M | $974.4K |
| Price per sq ft | $677 | $569 |
| Built year | 1967 | 1948 |
| HOA | $0 | $78 |
| Days on market | 40 | 35 |
Sep 14, 2026
$1,050,000
Initial Listing