Alki Point

Alki Point is Seattle's beloved beachfront neighborhood, offering rare waterfront living with sweeping views of Puget Sound, the Olympic Mountains, and the downtown skyline. At a median of $969,000 and $623 per square foot, it commands a premium reflective of its iconic setting and lifestyle appeal. The 72-day average days on market and -3.5% year-over-year price shift indicate a selective buyer pool, with opportunities for patient purchasers.

Alki Point delivers a rare urban beach lifestyle, with a 2.5-mile waterfront promenade ideal for walking, cycling, and summer gatherings. The neighborhood buzzes with activity in warmer months, drawing beachgoers to volleyball courts, fire pits, and a lively strip of cafes and restaurants along Alki Avenue SW. Despite the resort-like ambiance, the area maintains a genuine neighborhood character cherished by long-time residents.

Lifestyle-driven move-up buyer — Buyers trading up from other Seattle neighborhoods are drawn by the waterfront lifestyle and prestige of Alki Point's iconic address. Seattle native seeking a retreat — The beach-town atmosphere within city limits offers a unique work-life balance that appeals to established Seattle professionals. Second-home or investment buyer — High demand for short-term and vacation rentals on the waterfront makes Alki Point attractive for investors seeking premium returns.