Identity
City-listed condominium
Seattle’s building inventory names Towne Terrace Condominium at 550 Aloha Street.
Seattle Condo Buildings
Towne Terrace
Towne Terrace is a 1981 condominium at 550 Aloha Street in Queen Anne. The City of Seattle’s building inventory independently identifies the property by its condominium name and address.
550 Aloha St · Uptown · Seattle
Building Highlights
- Built
- 1981
- Neighborhood
- Uptown
- Building Type
- Condominium
- Market
- Seattle
The Building Story
An Aloha Street address oriented toward the city
Towne Terrace is a 1981 condominium at 550 Aloha Street in Queen Anne. The City of Seattle’s building inventory independently identifies the property by its condominium name and address. NWMLS records describe a stucco and concrete exterior with a flat roof. The location connects the residential slope of Queen Anne with the restaurants, cultural venues and events around Seattle Center.
A 2026 listing for residence 201 shows the appeal of a city-facing home here: a one-bedroom plan of 712 square feet, broad living-room windows and a balcony looking toward the Space Needle and skyline. The listing also documents laundry within that residence, a reserved parking space and separate storage. These are useful features to compare when a home becomes available, while recognizing that the view, condition and assigned parking belong to the individual residence.
History
1981 construction
NWMLS records identify the building’s construction year as 1981.
Outlook
Skyline-facing homes
The 2026 listing for residence 201 documents Space Needle and city views.
Location
Queen Anne and Seattle Center
The address offers access to the neighborhood’s cafes and Seattle Center destinations.
Good to know
Before choosing a home here
- Check the actual living-room and balcony sightlines; the Space Needle view documented for residence 201 is unit-specific.
- Confirm whether the assigned parking is covered or uncovered and verify the separate storage space.
- Review balcony, roof and exterior maintenance records for this 1981 building, alongside the association’s current unit schedule.
Explore the research behind this building
Architecture and project-history references describe the original design. Current amenity access, financial condition, building rules and individual property features must be verified from the latest association and listing records.
Homes for Sale
Currently available at Towne Terrace
Explore available homes, photography and pricing from the live NWMLS feed.
Pinnacle GroupLuke Bartlett
Listing data is provided by Northwest Multiple Listing Service (NWMLS) through IDX Broker. Information is deemed reliable but not guaranteed and must be independently verified.
Rental & Leasing
Leasing at Towne Terrace
- Rental cap
- Current HOA documents required
- Minimum lease
- Current HOA documents required
- Short-term rentals
- Current HOA documents required
More rental details
- Cap status / waitlist
- Current HOA documents required
- Subleasing
- Current HOA details required
- Lease / registration
- Current HOA details required
- Rental / move-in fees
- Current HOA details required
- Background checks
- Current HOA details required
- Source status
- Needs verification
- Last verified
- Current HOA documents not reviewed
Leasing rules and availability may change. Confirm current terms with the condominium association before purchasing or leasing.
What Buyers Should Know
Due-diligence checklist
- Resale certificate
- Reserve study
- Budget and financial statements
- Insurance
- Assessments
- Capital projects
- Litigation
- Rental rules
- Owner occupancy
- Financing / warrantability
- Parking and storage rights
- View / future development
- Building systems and age
What Sellers Should Know
Who you compete with
Sellers compete with current same-building inventory, similar stacks, floor height, views, parking, condition, amenities and nearby buildings.
Compare This Building
Other buildings in the directory
Downtown · 2007
5th & Madison
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Photo: Gregory White / Seattle Home Photography. Courtesy of The Seattle Condo Group.
Capitol Hill · 2001
1310 East Union
5 fl · 8 homes
Downtown · 2008
1521
39 fl · ~146 homes
Work with Luke
Considering a condo at Towne Terrace?
Association rental and leasing rules, rental caps, current cap availability, waitlists, minimum lease terms, fees and short-term-rental policies can change at any time. Information should be independently verified through the current resale certificate, declaration, rules and regulations, association management and applicable City of Seattle requirements before purchase or lease.