
Seattle, WA 98116
This Turnkey Coastal Retreat is a High-Potential Investment Opportunity, listed at $1,600,000—positioned well below the $1,663,257 Fair Market Value by 3%. This valuation gap offers $63,257 in Instant Equity. With an Excellent Condition Rating, the home features a chef’s kitchen, newly refinished hardwood floors, and a panoramic view deck. The lower level’s private access provides versatile income potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, move-in ready residence near Alki Beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5813 SW Horton Street Subject | $1,600,000* List Price | 4 | 2 | 2,600 | $640 | - |
A 4024 55th Avenue SW Sold | $1,300,000 | 4 | 3 | 2,520 | $516 | 0.6 mi |
B 5336 SW Admiral Way Sold | $1,625,000 | 4 | 3 | 2,480 | $655 | 0.3 mi |
C 3445 60th Avenue SW Sold | $1,600,000 | 3 | 2 | 2,280 | $702 | 0.2 mi |
D 3023 65th Avenue SW Sold | $1,950,000 | 4 | 4 | 2,500 | $780 | 0.4 mi |
E 3039 50th Avenue SW Sold | $1,450,000 | 4 | 3 | 2,140 | $678 | 0.6 mi |
F 5023 SW Prince Street Sold | $1,450,000 | 3 | 3 | 2,300 | $630 | 0.8 mi |
G 3245 45th Avenue SW Sold | $1,350,000 | 4 | 2 | 2,195 | $615 | 0.8 mi |
H 3239 61st Avenue SW Sold | $1,150,000 | 3 | 4 | 1,848 | $622 | 0.2 mi |
I 4024 55th Avenue SW Active | $1,350,000 List Price | 4 | 3 | 2,520 | $536 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1956, the property qualifies as excellent due to extensive recent renovations (<5 years) and infrastructure updates. Key features include remodeled spa-inspired baths, a chef's kitchen with granite countertops and stainless appliances, newly refinished hardwood floors, and fresh custom flooring on the lower level. Critical systems are in mint condition, featuring a brand-new water heater, new pressure regulator, and a newly serviced heat pump system for central A/C.
The property offers breathtaking, unobstructed vistas of the Puget Sound and mountains from an expansive main deck, situated on a secluded street near Alki Beach.
The lower level features private separate access and updated finishes, providing excellent versatility for a high-performing rental or multi-generational living.
Meticulously maintained with modern climate control via a newly serviced heat pump and recent updates to the water heater and sewer line.
With four bedrooms but only two bathrooms, the home may present a challenge for larger households or guests compared to other luxury listings in this price bracket.
The 'perched' hillside location that provides the views likely results in limited flat outdoor yard space, which may be a drawback for buyers seeking traditional play areas.
Tucked away on a quiet dead-end street in West Seattle, this inviting mid-century residence offers the perfect blend of coastal lifestyle, iconic views, and versatile living spaces. Rich original mahogany woodwork flows throughout, anchoring the home's authentic architectural charm. The main level features spaces full of natural light framing spectacular Olympic Mountain and water views from the deck. Enjoy everyday comfort with thoughtful touches, including heated floors in the upper-level bathroom. Downstairs, a flexible secondary living area complete with its own kitchen and fireplace offers excellent versatility for guests, media, or an extended living setup. Step outside into your private backyard sanctuary, or take advantage of the prime Alki location-walk down to the beach for morning coffee, dine at top-rated local spots like Harry's Fine Foods and II Nido, or catch the nearby Water Taxi for a seamless commute to Downtown Seattle. Outstanding future potential includes a pending city permit for a two-car garage. A true West Seattle gem offering tranquility, view, and unmatched proximity to Alki Beach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,600 | 1,803.474 |
| Lot Size | 6,050 | 4,544.116 |
| Price | $1.60M | $978.6K |
| Price per sq ft | $615 | $570 |
| Built year | 1956 | 1949 |
| HOA | $0 | $68 |
| Days on market | 19 | 36 |
Aug 21, 2026
$1,600,000
Initial Listing