Open House:
Saturday, 5/18 11:00-1:00PM
Rare opportunity to own a 3,600+ sqft view house on a 12k sqft lot in Alki neighborhood near Schmitz Park. Incredible Western, Olympic, and Sound views from most rooms. This single-family home features an ADU layout where both units enjoy breathtaking views. Step onto the expansive deck for sunrise coffees and sunset drinks, where the passing ferries paint the horizon with enchantment. Sit on the lower deck to enjoy the hot tub. Opportunity for built-in rental income or mother-in-law unit. Attached 3 car garage. Brand new refrigerators, ovens, furnace and heat pump, along with other recent updates. Move in ready or make it your own!
Located just one block from Alki Beach. Light and bright 3Br/2.25Ba townhome offers quality construction and attractive finishes seldom found in this area & price range. Spacious corner unit provides 2 upper floor bedrooms, primary ensuite has jetted tub, vaulted ceiling and large closet. Middle floor features sizable living room with gas fireplace, built-in hutch adjacent to dining area, ample kitchen has breakfast counter. Guest suite/flex room on first level leads to private patio, could be used as WFH office. Home comes with 1-car garage & extra parking spot. Notable highlights include hardwood floors, hydronic radiant heat, 2 balconies, fully trimmed windows & doors. Short stroll to beach, cafes, bakery & restaurants Alki has to offer.
Open House:
Friday, 5/17 12:00-5:00PM
Two-level townhouse unit w/ direct Alki access. Discover this new, boutique enclave of 37 waterfront condominium estates boasting endless Sound & Olympic views priced from $1M to $4.5M. Constructed of concrete, steel & glass, behold flawless finishes by renowned designer Susan Marinello & unparalleled services & amenities not seen before on Alki Beach. Each resort-inspired residence residence seamlessly blends indoor & outdoor living. Enjoy Nanawall glass walls, expansive private terraces & ample storage & parking w/ EV charging stations. Amenities include an infinity pool, hot tub, rooftop deck, resident lounge, concierge, & fitness center. Now selling for immediate occupancy on Seattle's most cherished beach front! No HOA Dues in 2024!
Live your best seaside life at this top floor, two-story mid-century modern condo situated directly on Puget Sound. Open concept living, vaulted ceilings, exposed beams, modern kitchen, & tons of natural light! Enjoy mountain, Sound & lush green park views. Warm up your winter nights by the wood-burning fireplace. Entertain in the large dining room & view deck. Spectacular interior storage incl. coat closet, large storage rm, double pantry, & huge walk-in closet. Lives like a house, but w/the lock & go lifestyle of a condo. Perfect for the outdoor enthusiast...bike or jog the Alki promenade & drop your kayak in Puget Sound just outside your front door. Building has seaside pool, sauna, kayak storage, dedicated parking & onsite manager.
An opportunity for an investor to acquire an existing triplex zoned NR3, offering the ability to build a 1,000-square-foot DADU on the west side of the lot, increasing the stabilized cap rate to 9.28%. Current operations at the North Admiral Triplex produce an average monthly rent of $1,617 per unit. This submarket can support a higher rent of $2,550 per unit. A new buyer can realize this upside on the Triplex by fully renovating each unit and installing washers and dryers in the apartments, with a proposed cost of $150,000. The proposed ADU (buyer to verify feasibility) can achieve a rent of $3,600 and the proposed cost to construct is $350,000. Upon completion of the DADU, the new income stream equates to a 9.28% Capitalization Rate.