Seattle Condo Authority Network • Belltown
70-unit Belltown mid-rise built 1992. Established condo community steps from the Elliott Bay waterfront with over 30 years of ownership history.
Building Profile
| Building Name | Waterfront Place |
| Address | Data to be verified |
| Year Built | 1992 |
| Total Units | 70 |
| Stories | Data to be verified |
| Neighborhood | Belltown, Seattle, WA |
| HOA Fees | $450–$900/mo (est.) |
| Price Range | $400K–$1.2M+ |
| Rental Policy | Data to be verified |
| Building Type | Mid-Rise |
About This Building
Waterfront Place is a 70-unit condominium mid-rise in Belltown, completed in 1992. The building's name reflects its proximity to Seattle's Elliott Bay waterfront and Alaskan Way, placing residents within easy walking distance of the Elliott Bay Trail, Myrtle Edwards Park, and the Olympic Sculpture Park.
With over three decades of ownership history, Waterfront Place has some of Belltown's most mature HOA reserves and a well-established ownership community. The 1992 vintage typically delivers competitive per-square-foot pricing within Belltown's market, and units have been updated by successive owners across more than 30 years of ownership cycles.
Belltown's waterfront-adjacent real estate commands a consistent premium due to the neighborhood's limited supply of buildings within easy walking distance of the Elliott Bay waterfront. Waterfront Place benefits from this positioning while offering pricing below the handful of true waterfront buildings on Alaskan Way.
Jeff Reynolds maintains sales data and HOA financials for Waterfront Place within the Seattle Condo Authority Network. Address and stories count should be verified; contact Jeff for current listings, waterfront building comparisons, and Belltown buyer strategy.
Due Diligence
Key factors every buyer should evaluate before making an offer at Waterfront Place. Jeff Reynolds reviews these items as part of every buyer consultation for this building.
Waterfront Place’s $450–$900 HOA range reflects the elevated operating costs of a waterfront-adjacent building—higher insurance, exterior maintenance in a marine environment, and waterfront infrastructure. Verify the reserve study with specific attention to facade, window, and any dock or seawall maintenance.
Completed in 1992, Waterfront Place is now over 30 years old. At this age, confirm the status of elevator, roofing, mechanical, and—critically for a waterfront building—window and facade systems. Marine environment accelerates weathering on exterior building components.
At a building named Waterfront Place, unit orientation is the defining value variable. Confirm which units have direct water views, partial views, or city-facing orientations—and how dramatically those orientations affect pricing within the building. Jeff Reynolds can pull internal comp data to show the view premium quantitatively.
70 units clears standard Fannie Mae thresholds. However, waterfront buildings with elevated HOA fees sometimes face additional lender scrutiny on reserve fund adequacy. Verify percent-funded status before finalizing financing terms.
Buyer Fit
Waterfront Place 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.
Jeff Reynolds tracks which floors and orientations at Waterfront Place deliver the best view-to-price ratio. The difference between a partial and full water view unit can be $100K+ at this building.
For buyers comparing Waterfront Place to newer waterfront-adjacent buildings, the 1992 vintage consistently delivers more view-per-dollar. The question is whether the reserve study supports that value thesis—Jeff can evaluate that for you.
Jeff Reynolds has tracked Waterfront Place’s sales history through multiple Seattle market cycles. The building’s waterfront position has consistently supported stable long-term values.
Market Data
Waterfront Place trades at a waterfront location premium that consistently holds through Seattle’s market cycles. Water-facing units and high-floor orientations command premiums of 15–30% over comparable city-facing units in the same building. 1992 vintage pricing sits below newer waterfront comparables.
| Unit Type | Recent Sale Range | Est. $/sq ft | Notes |
|---|---|---|---|
| 1-Bedroom | $470K–$650K | $500–$580 | View premium visible even at 1BR |
| 2-Bedroom | $700K–$1.05M | $500–$575 | Full Elliott Bay views at upper range |
Price ranges based on recent Waterfront Place sales and comparable Belltown / Waterfront buildings (1992 vintage, 70 units). HOA fees estimated at $450–$900/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 Place is located in Belltown, Seattle, near the Elliott Bay waterfront. The exact address is to be verified. The building's proximity to Alaskan Way provides walking access to the Elliott Bay Trail, Myrtle Edwards Park, the Olympic Sculpture Park, and the Seattle waterfront's dining and ferry connections.
Waterfront Place has 70 residences. The building was completed in 1992. Contact Jeff Reynolds for current unit availability, floor plan details, and recent comparable sales.
Waterfront Place was completed in 1992, giving it over three decades of HOA history. The building has mature reserves and an extensive comparable sales record for buyer due diligence.
HOA fees at Waterfront Place are estimated at $450–$900 per month depending on unit size. Waterfront-adjacent buildings sometimes carry slightly higher HOA fees due to maintenance of shared amenities. Contact Jeff Reynolds for verified current figures.
Waterfront Place is located near the Elliott Bay waterfront in Belltown. View availability depends on specific unit floor and orientation. Jeff Reynolds can advise on which units offer water views and how view premiums affect pricing within the building.
Your Belltown Condo Specialist
Jeff Reynolds is Seattle's leading specialist in urban condominiums, with deep expertise in Waterfront Place and every building in the Seattle Condo Authority Network. If you're buying or selling at Waterfront Place, Jeff has the data, the relationships, and the track record to represent you.
Jeff tracks every sale at Waterfront Place, 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.