601 W Mercer Place 304, Seattle, WA 98119, Seattle, 98119 - 2 bed, 2 bath
Loading property details...
Seattle, WA 98119
This Queen Anne condominium presents a High-Potential Investment Opportunity, listed at a List Price of $449,000—positioned well below the $389,687 Fair Market Value by -15%. Featuring a Fair Condition Rating, this unit offers a Prime Urban Location with Water Views and Two Assigned Garage Spaces. While the interior requires cosmetic updates, the layout provides a solid foundation for value-add improvements. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into a high-demand Seattle neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 W Mercer Place 304 Subject | $449,000* List Price | 2 | 2 | 838 | $465 | - |
A 524 6th Avenue W 110 Active | $525,000 List Price | 2 | 2 | 920 | $571 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, this 29-year-old property falls into the 'Fair' category as it is over 20 years old with mostly original or dated features. While the unit is well-maintained and functional, the kitchen cabinets, white appliances, and bathroom fixtures reflect the original construction era and lack modern updates. It is move-in ready but requires cosmetic renovations to meet current market standards for 'Good' or 'Excellent' condition.
Situated in the highly desirable Queen Anne neighborhood, the property offers exceptional walkability to Seattle Center, Climate Pledge Arena, and major employers like Amazon and Expedia.
The unit includes two assigned garage parking spaces and an additional storage unit, which is a rare and significant value-add for a condominium in a high-density Seattle location.
As a light-filled corner unit, it features desirable water views and two unique piano-shaped balconies, providing more outdoor space and natural light than standard interior units.
At 838 square feet for a two-bedroom layout, the interior living spaces and bedrooms may feel constrained for buyers prioritizing roominess.
The 1.5-bath configuration means there is only one shower/tub for the entire unit, which can be a drawback for roommates or those hosting overnight guests.
You will adore this light and quiet corner unit in Queen Anne! Featuring water views, 2 balconies, 2 bedrooms, 1.5 baths, and washer/dryer in the unit. The Grande, named for its piano-shaped balconies, is well managed and secure. Enjoy the convenience of two assigned garage parking spaces and an additional storage unit. Nearby you will find Kerry Park, Myrtle Edwards Park, The Seattle Center, Climate Pledge Arena, the waterfront, restaurants, cafés, grocery stores, and shops. Easily commute to South Lake Union, Downtown, Amazon, Expedia, and Seattle Pacific University via transit with nearby bus routes or drive with quick connections to Hwy 99 and I-5. A central location with easy access to everything Seattle has to offer.
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.
Jul 13, 2026
$449,000
Initial Listing