Ballard · Seattle
Verified Data Updated March 2026Ballard Place
1545 NW 57th St
Policy at a Glance
The four questions every serious buyer asks before scheduling a showing.
Ballard Place: Key Facts
Profile by Jeff Reynolds, Seattle Condo Specialist · Compass Real Estate · 20+ years, 500+ transactions
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 · 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?