3510 W Commodore Way

Seattle, WA 98199  ยท  Lawton Park / Magnolia  ยท  MLS #2465874
๐ŸŸก SCENARIO B โ€” Near-Miss Value Sqft misses A threshold ยท Above price range
โš ๏ธ Price $2,389,000 is ~$189Kโ€“$439K above Scenario A range ($1.95Mโ€“$2.2M). 89 DOM suggests market agrees.
3510 W Commodore Way โ€” main photo
Property Details
List Price
$2,389,000
Price / Sqft
$898 / sqft
Beds / Baths
5 bd / 3 ba
Living Area
2,660 sqft
Lot Size
7,858 sqft
Year Built
1973
Garage
โœ… Yes โ€” 2 spaces
Days on Market
89 STALE
Status
Active
Property Type
Single Family
Agent
Gina Ard
Brokerage
Windermere Midtown
Buyer's Agent Co.
2.25%
Listing Links
Criteria Check
โœ… Zip 98199 โ€” Magnolia. In target zip list.
โœ… Not on arterial โ€” W Commodore Way is a residential waterfront street.
โœ… Not Olympic Manor โ€” lat 47.666 is below the 47.693 exclusion threshold.
โœ… Property type โ€” Single Family Residential. Active listing.
โœ… Bedrooms โ€” 5 beds (โ‰ฅ3 global min, โ‰ฅ4 Scenario A). Strong.
โœ… Bathrooms โ€” 3.0 baths (โ‰ฅ2.5 for Scenario A). Passes. Note: with ADU split, verify how baths are distributed across units.
โš ๏ธ Living area: 2,660 sqft โ€” Passes global minimum (2,200 sqft) and is above the soft preference (2,200), but misses Scenario A threshold of 2,800 sqft by 140 sqft. This is the primary reason for Scenario B classification.
โœ… Lot: 7,858 sqft โ€” Well above 4,500 sqft minimum. Includes 48 ft of Puget Sound waterfront with tidelands. Exceptional.
โœ… Garage โ€” Yes, 2 parking spaces. Meets Scenario A requirement.
โš ๏ธ Price: $2,389,000 โ€” Above Scenario A expected range ($1.95Mโ€“$2.2M) by $189Kโ€“$439K. Waterfront premium. 89 DOM suggests market is not accepting this pricing.
โš ๏ธ ADU split configuration โ€” Listing describes an "Attached Dwelling Unit" that requires an interior stair addition to convert back to single-family. Layout and bedroom/bathroom distribution between units is unclear.
โ„น๏ธ No open houses found โ€” No upcoming open houses confirmed via web search.
Photos
Drive Times
โณ Drive times will be computed by the listing-enrichment skill.
Biking Times
๐Ÿšด Biking estimates will be added by the listing-enrichment skill.
Walkability
๐Ÿšถ Walkability data will be added by the listing-enrichment skill.
Preference Signals
โœ“ Vaulted ceilings โœ“ Walls of windows / natural light โœ“ Updated kitchen (per listing) โœ“ 5 bedrooms โ€” room to grow โœ“ Garage (2-car) โœ“ Large lot (7,858 sqft) โœ“ ADU/in-law potential โœ“ Outdoor deck + waterfront patio โš ๏ธ 1973 build โ€” waterfront maintenance considerations โš ๏ธ ADU split โ€” layout unclear without tour โš ๏ธ 89 DOM โ€” stale โš ๏ธ $898/sqft โ€” very high for the market
Bottom-Line Assessment

This is a genuine one-of-a-kind property: 48 feet of Puget Sound waterfront with tidelands in Magnolia's Lawton Park neighborhood, sitting between the Chittenden Locks and Discovery Park. Vaulted ceilings, panoramic water views, 5 bedrooms, a 2-car garage, and a large 7,858 sqft lot check nearly every box โ€” except sqft (2,660 vs the 2,800 threshold) and price. At $2,389,000, the ask reflects a significant waterfront premium that puts it well above even Scenario A range, and 89 days on market signals the market isn't accepting it. The ADU split configuration (currently requires an interior stair addition to function as true single-family) adds layout uncertainty that only a tour can resolve.


Verdict: Worth a look if you're serious about waterfront โ€” there's nothing else like this in the search. But at ask price, the sqft-to-dollar ratio is unfavorable. Monitor for a price reduction toward $2.0โ€“2.1M before pursuing seriously; at that level the unique waterfront setting could justify a tour.