Seattle Condo Authority Network • South Lake Union
140-unit South Lake Union mid-rise completed 2014. Modern construction in Seattle's tech-hub neighborhood with proximity to Amazon's campus and Lake Union.
Building Profile
| Building Name | Luma |
| Address | Data to be verified |
| Year Built | 2014 |
| Total Units | 140 |
| Stories | Data to be verified |
| Neighborhood | South Lake Union, Seattle, WA |
| HOA Fees | $450–$950/mo (est.) |
| Price Range | $450K–$1.4M+ |
| Rental Policy | Data to be verified |
| Building Type | Mid-Rise |
About This Building
Luma is a 140-unit condominium mid-rise in Seattle's South Lake Union neighborhood, completed in 2014. The building occupies the heart of Seattle's tech-employment hub, steps from Amazon's headquarters campus and Lake Union.
South Lake Union's transformation from an industrial neighborhood into Seattle's primary tech and biotech campus has dramatically increased residential demand around Luma. The neighborhood's walkability, proximity to Downtown Seattle, and concentration of employers make it one of the city's most sought-after condo markets.
The 2014 construction gives Luma modern building systems with over a decade of HOA reserve accumulation. The mid-rise format typically delivers larger unit footprints and lower HOA fees compared to comparable high-rises, making it a competitive value in the SLU market.
Jeff Reynolds maintains sales data and HOA financials for Luma within the Seattle Condo Authority Network. Address and stories count should be verified; contact Jeff for current listings, floor plan comparisons, and South Lake Union buyer strategy.
Buyer Analysis
Luma's 2014 delivery positioned it as a mid-decade South Lake Union building—newer than SLU's early wave, older than the post-Amazon boom towers. Here is Jeff Reynolds's assessment of where Luma fits in the SLU buyer landscape.
2014 construction means modern specs, well-established HOA governance, and a fully documented resale track record—without the new-construction premium of 2020+ buildings. A proven building at a more accessible price point.
Smaller buildings create stronger community cultures and faster HOA decision-making. At 140 units, Luma occupies the middle ground between intimate and infrastructure-capable.
Directly in the heart of SLU, adjacent to Amazon's campus. The neighborhood's employer base, restaurant corridor, and Lake Union access make Luma's location one of the most walkable in Seattle.
10+ years of transaction history means appraisals are reliable, pricing is well-supported, and resale liquidity is established. Buyers negotiate with real data behind them.
Rental policy data is pending verification. If rental flexibility is important to you, confirm the current HOA policy and any cap or approval requirements before committing.
A 2014 building has 10 years of HOA reserve contributions. Verify the reserve study's percent-funded status and confirm no major capital projects are imminent.
Confirm whether Luma operates under a rental cap, a rental-friendly policy, or a managed approval process. This affects your flexibility and resale buyer pool.
Request the most recent reserve study. What is the current percent-funded level and what capital projects are in the 5–10 year projection window?
Which floor plans and view orientations at Luma hold value best? Ask Jeff for a resale-by-floor-plan breakdown.
Advisory
Luma sits between SLU's early wave and its post-Amazon construction boom—a mid-decade building with modern specs, established reserves, and a more accessible price point than the neighborhood's newest towers.
2014 delivery means Luma has modern building systems and a fully established HOA—without the pricing premium that 2020+ construction carries. Buyers who want contemporary specifications in South Lake Union without paying for the newest construction find Luma's vintage well-positioned.
Luma's 140-unit scale, SLU address, and mid-range price point attract tech professionals who want to own near their office but aren't ready for the top of the luxury market. The building's size creates an ownership experience that is genuinely residential rather than hotel-like.
2014 buildings in SLU typically price below 2020+ construction while occupying comparable locations. Buyers who run price-per-square-foot comparisons across the SLU submarket often identify Luma as one of the better-value buildings—particularly for buyers who prioritize location over finish year.
SLU has one of Seattle's highest renter-to-owner transition rates among tech professionals. Luma's scale, price point, and neighborhood location make it one of the most common first-ownership choices for buyers making that transition within the SLU submarket.
Market Data
Luma is a 2014 South Lake Union mid-rise with an established resale track record and pricing that sits between SLU's earliest buildings and its post-2018 new construction. It consistently offers one of the submarket's stronger value-per-square-foot ratios.
Entry-level residences in a well-located SLU building. 2014 construction means buyers get modern specs at pricing meaningfully below 2020+ towers in the same neighborhood.
Two-bedroom residences reflect Luma's mid-market SLU positioning. View orientation and floor level drive the spread within this range; higher floors with Lake Union or city views command the premiums.
Luma's highest-floor and best-view residences. These units represent the strongest long-term value retention in the building and have historically attracted the most competitive offers.
Luma has a decade of resale history that confirms its consistent position in SLU's mid-market. The 2014 vintage has appreciated alongside SLU's broader transformation, and the building's relatively modest HOA fees have sustained buyer demand through market cycles. Buyers who compare Luma's pricing against 2020+ SLU new construction consistently find a meaningful cost advantage for equivalent or better locations. Contact Jeff Reynolds for recent Luma closed sales and current inventory.
Knowledge Base
Before buying any Seattle condo, these guides answer the questions every buyer should resolve about HOA finances, financing eligibility, and closing requirements.
What condo HOA fees cover, how they're calculated, and what to look for in a building's fee structure.
How reserve funds work, what percent-funded means, and why the reserve study matters before you buy.
How rental caps, owner-occupancy ratios, and HOA delinquency rates affect your loan eligibility.
What the resale certificate contains, why it matters, and the key red flags buyers should watch for.
Explore More
Other condos in South Lake Union at a similar price tier, with links to full building profiles, buyer analysis, and current market data.
See all buildings: Browse all South Lake Union condo buildings →
Frequently Asked Questions
Luma is located in South Lake Union, Seattle's primary tech-hub neighborhood adjacent to Amazon's headquarters campus and Lake Union. The exact address is to be verified. South Lake Union offers walkable access to the SLU streetcar, multiple bus lines, and the growing retail and dining corridor along Westlake Ave N.
Luma has 140 residences. The building was completed in 2014. Contact Jeff Reynolds for current unit mix, floor plan details, and recent comparable sales.
Luma was completed in 2014, placing it in South Lake Union's first wave of modern condo construction. With over a decade of HOA reserve accumulation, the building has an established financial foundation. Units are generally well-maintained given the building's relatively recent vintage.
HOA fees at Luma are estimated at $450–$950 per month depending on unit size. Contact Jeff Reynolds for verified current figures and reserve fund status.
South Lake Union consistently ranks among Seattle's strongest condo markets due to its proximity to tech employers and walkable urban amenities. Luma's 2014 construction offers buyers a balance of modern building quality and established HOA maturity. Jeff Reynolds can provide a full SLU market comparison.
Your South Lake Union Condo Specialist
Jeff Reynolds is Seattle's leading specialist in urban condominiums, with deep expertise in Luma and every building in the Seattle Condo Authority Network. If you're buying or selling at Luma, Jeff has the data, the relationships, and the track record to represent you.
Jeff tracks every sale at Luma, maintains HOA financial data, and knows which floor plans and view orientations hold value best. This depth of building-level knowledge is what separates a specialist from a generalist.
Jeff Reynolds • Seattle Condo Authority Network • jeff.reynolds@compass.com
Current listings, recent sales, HOA financials, and buyer strategy. No obligation.