Ballard · Seattle

Verified Data Updated March 2026

Ballard Place

1545 NW 57th St

2004
Year Built
172
Total Units
6
Stories
Mid-Rise
Type
Ballard Place condominiums in Ballard, Seattle

Ballard Place: Key Facts

Building: Ballard Place
Address: 1545 NW 57th St, Seattle, WA
Neighborhood: Ballard
Year Built: 2004
Total Units: 172
Stories: 6
Type: Mid-Rise
Pet Policy: Pets allowed with restrictions
Rental Policy: No rental cap
Walk Score: 98
Transit Score: 53

Profile by Jeff Reynolds, Seattle Condo Specialist · Compass Real Estate · 20+ years, 500+ transactions

Verified Updated March 2026

About Ballard Place

Ballard Place is a Mid-Rise building in Ballard, Seattle. Built in 2004 with 172 residences across 6 stories.

Building Details

Address 1545 NW 57th St, Seattle WA 98107

Neighborhood Ballard, Seattle

Year Built 2004

Stories 6

Total Units 172

Unit Mix 1BR & 2BR; avg 777 sq ft

Price Range $289,900 – $468,000

HOA Range Data TBV

Rental Policy Rental Friendly — No rental cap

Pet Policy Pet Friendly

Ballard Place is a 172-unit mid-rise at 1545 NW 57th St, positioned in the heart of one of Seattle’s most beloved neighborhoods. Built in 2004, this six-story building combines resort-style amenities with a prime walkable location steps from Ballard’s top restaurants, breweries, boutiques, and the famous Ballard Farmers Market.

The building stands out for its full amenity package — full-time concierge, fitness center, sauna, entertainment lounge, conference space, hot tubs in a landscaped courtyard, and a rooftop deck with sweeping views. The community pea-patch garden and secure parking complete an unusually comprehensive amenity set for a mid-size Ballard building.

With no rental cap, Ballard Place is equally attractive to owner-occupants and investors. At over 20 years old, prospective buyers should request the current reserve study and percent-funded figure to assess long-term HOA financial health before making an offer.

Ballard Place has no rental cap, allowing owners to rent their units without restriction. Strong Ballard rental demand and walkability make this building attractive for investors seeking long-term flexibility.

Frequently Asked Questions

Where is Ballard Place? +

1545 NW 57th St, Seattle WA 98107 — in the heart of Ballard, steps from the Ballard Farmers Market, top restaurants, breweries, boutiques, and Shilshole Bay.

How many units does Ballard Place have? +

172 residences across 6 stories. Units range from one to two bedrooms with an average size of approximately 777 square feet.

Does Ballard Place have a rental cap? +

No rental cap. Ballard Place allows owners to rent their units without restriction, making it an attractive option for both homeowners and investors.

What amenities does Ballard Place offer? +

Full-time concierge, fitness center, sauna, entertainment lounge, conference space, landscaped courtyard with hot tubs, rooftop deck, community pea-patch garden, and secure parking and storage.

Is Ballard Place pet friendly? +

Yes, Ballard Place is pet friendly. Verify current pet restrictions and weight limits with the HOA before making an offer.

Jeff Reynolds, Seattle condo specialist

Jeff Reynolds

Seattle Condo Specialist · Compass Real Estate · 20+ Years

Jeff Reynolds has spent 20+ years exclusively focused on Seattle's condo market, closing 500+ transactions and personally profiling 202+ buildings. His building-level expertise, grounded in HOA financials, reserve fund health, construction quality, and resale performance, is the foundation of every recommendation on this site. Have a question about Ballard Place?

Ask Jeff About Ballard Place

Or call directly: 206-794-1118 · jeff.reynolds@compass.com