Waiting 4 Years for An Alki Condo Delivers a $700,000 Discount

Check out this Seattle condo on the Alki waterfront. Close to 4 years ago it was listed for sale at $1,450,000!  It just closed this week for $799,500. Talk about a major discount in price. This unit was likely built at $600-$650 per square foot . The new buyer only paid $437 psf.  It is just another example of the value out there in the market right now.  This is not your typical 2 bedroom, 2.5 bath.

Unit #3100 offers 1,830sf with floor to ceiling glass, high quality finishes and views that feature the Puget Sound, the Olympics Mountains and the Downtown Seattle cityscape. Hardwood floors, limestone counters, high-end appliances and a finish panel-wrapped gas fireplace are some of the highlights in the 10 unit building. Concrete exterior, extensive use of glass and steel and a great location.

Not a bad view, huh?


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