
Seattle, WA 98119
This property presents a High-Potential Investment Opportunity with a List Price of $4,200,000—positioned well below the $4,201,221 Fair Market Value by 0.03%. Currently configured as a four-unit asset, the property features panoramic views of the Space Needle and Mt. Rainier. With a Condition Rating of 3, the structure offers immediate rental income or the rare potential for a grand single-family conversion. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier Queen Anne estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 604 W Kinnear Place Subject | $4,200,000* List Price | 7 | 10 | 5,430 | $774 | - |
A 1223 7th Avenue W Active | $3,885,000 List Price | 5 | 6 | 5,580 | $696 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1903, the property has undergone meticulous high-end renovations. The kitchen features premium stainless steel appliances and stone countertops, and the bathrooms show custom tile work and modern fixtures. The interior is well-maintained and move-in ready, though the presence of radiators indicates older but functional heating systems.
The property offers rare, unobstructed views of the Space Needle, Mt. Rainier, Elliott Bay, and the Seattle skyline, providing immense prestige and long-term value.
Currently configured as four high-end luxury units, the property serves as a high-performing income asset with the unique flexibility to be converted into a grand single-family estate.
Situated in one of Seattle’s most coveted neighborhoods near Kerry Park, the property is surrounded by multi-million dollar estates and high-end local amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5430, other record living area = 3750. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 8.
The property is sold in as-is condition, which places the burden of due diligence and potential immediate repair or maintenance costs entirely on the buyer.
While the property offers single-family conversion potential, transitioning a 1903 multi-unit structure back to a singular estate may involve significant architectural, permitting, and renovation expenses.
Queen Anne Jewel: Exceptional Four-Unit Investment or Grand Single-Family Conversion. Discover one of the finest real estate opportunities in Seattle’s most picture-perfect neighborhood. Perched in a premier Queen Anne location surrounded by multi-million dollar estates, this one-of-a-kind property offers breathtaking, unobstructed views of the Space Needle, Mt. Rainier, Elliott Bay, the Downtown Seattle skyline, and both the Cascade and Olympic mountain ranges. Currently configured as four meticulously upgraded units (three 2-bed/2.5-bath view units and one 1-bed/1-bath unit), every residence boasts premium appliances, private balconies, gas fireplaces, and in-unit laundry. While it serves as a high-performing luxury income asset, the property also presents a rare and incredible opportunity to convert the structure back into a singular, world-class grand estate. Located just down from iconic Kerry Park and welcoming neighborhood dining, this versatile property is sold as-is. Buyer to investigate to their full satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 10.0 | 2.0 |
| Square foot | 5,430 | 1,803.474 |
| Lot Size | 8,300 | 4,544.116 |
| Price | $4.20M | $978.6K |
| Price per sq ft | $773 | $570 |
| Built year | 1903 | 1949 |
| HOA | $0 | $68 |
| Days on market | 50 | 36 |
Jul 21, 2026
$4,200,000
Initial Listing