601 W Mercer Place 301, Seattle, WA 98119, Seattle, 98119 - 2 bed, 2 bath
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Seattle, WA 98119
This Spacious View Condominium is a Strong Value Opportunity, listed at $849,000—positioned well below the $890,089 Fair Market Value by 4%. This valuation gap offers $41,089 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the residence features panoramic Puget Sound views, an updated granite kitchen, and A/C. With two secure parking spaces and proximity to top-rated schools like McClure Middle, it balances luxury living with immediate financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 W Mercer Place 301 Subject | $849,000* List Price | 2 | 2 | 1,513 | $588 | - |
A 620 W Mercer Place 2B Active | $849,950 List Price | 2 | 2 | 1,453 | $585 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, fitting the criteria for a home built approximately 30 years ago with significant updates. The kitchen has been modernized with granite countertops, a contemporary tile backsplash, and stainless steel appliances. The living areas feature updated laminate or LVP flooring and clean carpeting. While the cabinetry and fireplace surrounds reflect a slightly older style, the inclusion of A/C, two gas fireplaces, and the overall lack of deferred maintenance justify a 'good' rating.
The west-facing unit offers sweeping, unobstructed views of the Puget Sound and mountains, providing exceptional natural light and a premium Pacific Northwest backdrop.
Rare for the Queen Anne area, this condo includes two assigned secure garage spaces, dedicated guest parking, and private storage, significantly increasing its urban utility.
With over 1,500 square feet of living space and the inclusion of A/C, this home offers a level of comfort and scale often missing in older Seattle condominium buildings.
The monthly association fee of $998 is substantial and may be a deterrent for budget-conscious buyers or those comparing carrying costs to newer buildings.
Constructed in 1995, the property may require future assessments for building envelope maintenance or updates to common areas to remain competitive with modern luxury developments.
Enjoy sweeping panoramic Puget Sound views & beautiful natural light from this west-facing condo. With over 1,500 square feet, the spacious layout offers 2 bedrooms and 2 full bathrooms designed for comfortable city living. Two gas fireplaces create a warm and inviting atmosphere in both the living room and dining area. The updated kitchen opens nicely for everyday living and entertaining. The primary bedroom features a walk-in closet and en suite bathroom w/jetted tub, while the unit also offers ample closet and storage space throughout. Unit offers A/C for hot summer days and a gorgeous patio overlooking Puget Sound. Enjoy the convenience of secure garage parking with TWO assigned spaces plus secure guest parking, and private storage. Just moments from Seattle’s best dining, shopping, and public transit.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1995 | - | 0% |
| HOA | $998 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 12, 2026
$849,000
Initial Listing