Seattle Condo Authority Network • Belltown
60-unit Belltown waterfront mid-rise at 1950 Alaskan Way, built 1987. Direct Alaskan Way frontage with Elliott Bay and Olympic Mountain views from a true waterfront address.
Building Profile
| Building Name | Waterfront Landings |
| Address | 1950 Alaskan Way |
| Year Built | 1987 |
| Total Units | 60 |
| Stories | Data to be verified |
| Neighborhood | Belltown, Seattle, WA |
| HOA Fees | $500–$1,100/mo (est.) |
| Price Range | $500K–$2M+ |
| Rental Policy | Data to be verified |
| Building Type | Mid-Rise |
About This Building
Waterfront Landings at 1950 Alaskan Way is a 60-unit condominium mid-rise built in 1987 directly on Seattle's Alaskan Way waterfront. As one of the few true waterfront condo addresses in Belltown, the building commands a premium for its direct Elliott Bay frontage and Olympic Mountain views that comparable inland buildings cannot offer.
The building's location on Alaskan Way puts residents on the Elliott Bay Trail, with direct access to Myrtle Edwards Park and the Olympic Sculpture Park to the north, and the Seattle waterfront's restaurants and ferry terminal to the south. The Belltown neighborhood's dining and entertainment options are steps away.
As a 1987 construction, Waterfront Landings has almost four decades of HOA reserve accumulation and an established ownership community. True waterfront condominiums in Seattle are extremely rare, and the building's Alaskan Way address is one of a small number of residential properties with direct bay frontage.
Jeff Reynolds maintains sales data and HOA financials for Waterfront Landings within the Seattle Condo Authority Network. Stories count should be verified; contact Jeff for current listings, view comparisons, and waterfront buyer strategy.
Due Diligence
Key factors every buyer should evaluate before making an offer at Waterfront Landings. Jeff Reynolds reviews these items as part of every buyer consultation for this building.
At $500–$1,100/mo, Waterfront Landings has one of the higher HOA ranges in the Belltown/waterfront segment. Before comparing to lower-fee buildings, verify what is included—waterfront buildings often carry higher fees for dock maintenance, seawall management, waterproofing, and elevated insurance costs that inland buildings don’t face.
Waterfront and near-waterfront buildings face accelerated wear on building exteriors, windows, and mechanical systems due to marine environment exposure. Request the reserve study with specific attention to facade, window, and seawall or dock maintenance schedules.
Completed in 1987, Waterfront Landings has been operating for nearly 40 years. While this reflects a stable, mature association, it also means aging building systems. Verify recent capital improvement history and confirm the reserve fund adequately accounts for the remaining useful life of major building components.
Waterfront-adjacent or waterfront-facing units command a significant premium in Seattle’s condo market. Confirm unit orientation and verify what ‘waterfront’ actually means for each floor plan—view quality and water proximity vary considerably within a single building.
Buyer Fit
Waterfront Landings attracts specific buyer profiles based on its building format, location, HOA structure, and price point. Here is who Jeff Reynolds most often works with at this building—and why.
If the Seattle waterfront experience is what you’re buying—the views, the trail, the proximity to the ferry terminal and Sculpture Park—Waterfront Landings is one of the closest-to-water options available in Belltown.
For buyers who specifically want the waterfront address and are flexible on building vintage, Waterfront Landings offers one of Seattle’s most compelling value propositions in the waterfront segment.
Jeff Reynolds can break down exactly what Waterfront Landings’ HOA covers and how it compares to inland buildings at similar HOA levels. The fee comparison only makes sense with full scope clarity.
Market Data
Waterfront Landings trades at a waterfront premium relative to comparable inland Belltown buildings of similar vintage. The higher HOA range compresses net returns for investors but the location advantage supports stable owner-occupancy and long-term hold values.
| Unit Type | Recent Sale Range | Est. $/sq ft | Notes |
|---|---|---|---|
| 1-Bedroom | $490K–$680K | $510–$600 | Waterfront premium vs. inland 1987 vintage |
| 2-Bedroom | $720K–$1.1M | $510–$590 | Water-facing views add significant premium |
| 2BR+ / Penthouse | $1.0M–$1.5M+ | $520–$590 | Top-floor water views; limited comps |
Price ranges based on recent Waterfront Landings sales and comparable Belltown / Waterfront buildings (1987 vintage, 60 units). HOA fees estimated at $500–$1,100/mo. Contact Jeff Reynolds for current listings, verified HOA financials, and a personalized buyer analysis.
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 Belltown at a similar price tier, with links to full building profiles, buyer analysis, and current market data.
See all buildings: Browse all Belltown condo buildings →
Frequently Asked Questions
Waterfront Landings is located at 1950 Alaskan Way, Seattle, WA in Belltown, directly on Seattle's waterfront. The building fronts Elliott Bay on Alaskan Way, with direct access to the Elliott Bay Trail and the Myrtle Edwards and Olympic Sculpture parks. Belltown's restaurant and entertainment district is steps away.
Waterfront Landings has 60 residences. The building was completed in 1987. Contact Jeff Reynolds for current availability, floor plan details, and recent comparable sales.
Waterfront Landings' direct Alaskan Way frontage delivers Elliott Bay, Puget Sound, and Olympic Mountain views. As a true waterfront building, views are unobstructed by intervening structures. Upper floors and water-facing units command the strongest view premiums. Jeff Reynolds can advise on which specific units offer the best view value.
HOA fees at Waterfront Landings are estimated at $500–$1,100 per month depending on unit size. As a 1987 building with nearly four decades of reserve accumulation, the HOA has a mature financial profile. Waterfront buildings often carry higher HOA fees to maintain marine-adjacent building systems. Contact Jeff Reynolds for verified current figures.
True waterfront condo buildings with direct Alaskan Way frontage are extremely rare in Seattle. Only a handful of residential buildings have direct Elliott Bay frontage, making properties like Waterfront Landings highly sought after by buyers who prioritize water proximity above all else. Jeff Reynolds tracks all waterfront condo buildings and can advise on relative value across the small inventory of available waterfront addresses.
Your Belltown Condo Specialist
Jeff Reynolds is Seattle's leading specialist in urban condominiums, with deep expertise in Waterfront Landings and every building in the Seattle Condo Authority Network. If you're buying or selling at Waterfront Landings, Jeff has the data, the relationships, and the track record to represent you.
Jeff tracks every sale at Waterfront Landings, 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.