Property Details
1541 Cherrylane Place S #1541, Seattle, WA 98144
Seattle, WA 98144
$549,000
Active
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About This Home
Price Improved and back on market! Rare Seattle Home with FOUR Parking Spaces + Income Opportunity. Move-in ready Seattle townhouse with four parking spaces and exceptional income potential! A true city rarity: two-car garage + driveway parking plus a 4th parking space that can be rented out for additional income. Inside, the home is fully updated with beautiful red oak floors, brand-new carpeting, abundant natural light & private patio. Mountain views on a clear day too! The flexible 3 bedroom floor plan is ideal for today’s lifestyle. The entire 3rd floor is large enough to function as a spacious bedroom plus a dedicated home office with large walk-in closet. Well-run HOA with strong reserves- brand-new roof in 2024. Dues cover water, sewer, garbage, exterior building maintenance plus clubhouse. Pet-friendly neighborhood. Walkable to Seahawks, Mariners and Sounders games, plus grocery, coffee & Seattle nightlife. Easy commute- New Light Rail, DT Seattle, I-5, I-90 & bike trails all close by. No rental cap, ideal for primary residence or investors. The additional parking space that can be rented out creates a rare built-in income opportunity in a city where parking is always in demand. Seller provided One-year home warranty which covers major systems and appliances for additional buyer peace of mind. If you’re looking for a Seattle home with rare parking, income potential, flexible living space and easy access to transit and downtown, this is one you won’t want to miss!
Property Details
Property Information
Property Type
Residential
Subtype
Condominium
Status
Active
County
King
Neighborhood
Beacon Hill
Listed
Mar 18, 2026
Interior Features
Bedrooms
3
Bathrooms
3.0
Half Baths
1
Stories
3
Entry Level
Main
Interior Features
Cooking-Gas, Dryer-Electric, End Unit, Fireplace, French Doors, Ground Floor, Ice Maker, Insulated Windows, Primary Bathroom, Vaulted Ceiling(s), Walk-In Closet(s), Washer, Water Heater
Exterior & Lot
Lot Size
0.00 sqft
Year Built
1997
Exterior Materials
Cement Plank
Parking
Individual Garage, Off Street, Uncovered
Lot Features
Cul-De-Sac, Curbs, Dead End Street, Paved
Exterior Features
Cement Planked
Location
City
Seattle
County
King
Coordinates
47.58930, -122.31273
Schools
School District
Seattle
Elementary School
Beacon Hill
Middle School
Mercer Mid
High School
Franklin High
HOA / Association
HOA Fee
$1,257 / Monthly
HOA Includes
Common Area Maintenance, Lawn Service, Road Maintenance, See Remarks, Sewer, Trash, Water
Additional Information
Tax Year
2025
Annual Taxes
$5,943
Possession
Array
Community Features
Club House, Game/Rec Rm, High Speed Int Avail, Outside Entry, See Remarks, Trail(s)
Inclusions
Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of April 2, 2026 5:50 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
