Queen Anne · Seattle
Verified Data Updated April 2026The Luxe Condos
500 5th Ave W
Policy at a Glance
The four questions every serious buyer asks before scheduling a showing.
Rental Policy
No rental capHow rental rules shape resale →
Parking
Secure garage (2 spaces in many homes)
Deeded vs. assigned parking →
Key Amenities
9 on file
The Luxe Condos: Key Facts
Profile by Jeff Reynolds, Seattle Condo Specialist · Compass Real Estate · 20+ years, 500+ transactions
About The Luxe Condos
The Luxe Condos is a 7-story boutique condominium in Queen Anne. Originally built in 1968 and fully renewed in 2007, the building houses 39 residences at 500 5th Ave W, steps from Seattle Center, Climate Pledge Arena, and the cafes and restaurants of Uptown.
The building features secure garage parking (with two spaces included in many homes), no rental cap, in-unit laundry, air conditioning, private balconies and decks, and top-floor corner residences with 12-foot ceilings and panoramic views of Mount Rainier, Elliott Bay, and the Olympics.
Building Details
At The Luxe Condos, modern Queen Anne living takes on a distinctly elevated feel, blending boutique scale with sweeping city and water views. Fully renewed in 2007, this thoughtfully designed building offers a rare combination of style and flexibility, including secure garage parking and no rental cap, an increasingly valuable advantage for both homeowners and long-term investors. Positioned in the heart of Uptown, residents enjoy immediate access to Seattle’s cultural core, from neighborhood cafes and restaurants to the iconic Seattle Center and Climate Pledge Arena, home to the Seattle Kraken. With South Lake Union, Interbay, downtown, and the waterfront all within reach, the location offers a seamless connection to the best of the city.
Inside, residences at The Luxe are defined by light, volume, and versatility. Top-floor corner homes in particular showcase dramatic 12-foot ceilings, expansive windows, and nearly 1,000 square feet of open, contemporary living, often framed by panoramic views stretching from Mount Rainier to Elliott Bay and the Olympic Mountains. Private balconies and generous decks extend the living experience outdoors, while interiors feature updated finishes, serene primary suites, flexible second bedrooms or office spaces, and everyday comforts like air conditioning, in-unit laundry, and ample storage. With two secure parking spaces and private storage rooms in many homes, The Luxe offers a refined, low-maintenance lifestyle in one of Seattle’s most dynamic and walkable neighborhoods.
Jeff Reynolds tracks The Luxe and the full Queen Anne condo market as part of the Seattle Condo Authority Network. Contact Jeff for a buyer consultation, a current market analysis, or access to off-market opportunities in the building.
Frequently Asked Questions
Where is The Luxe Condos located? +
The Luxe Condos is located at 500 5th Ave W in Queen Anne, Seattle WA 98119. The building sits in the heart of Uptown Queen Anne, steps from Seattle Center, Climate Pledge Arena (home to the Seattle Kraken), neighborhood cafes and restaurants, with walkable access to South Lake Union, Interbay, downtown, and the Elliott Bay waterfront.
How many units are in The Luxe Condos? +
The Luxe has 39 residences across 7 stories in a single building. It was originally built in 1968 and fully renewed in 2007.
Has The Luxe been renovated? +
Yes. The Luxe was fully renewed in 2007, which materially updated the building from its original 1968 construction. Review the scope of the renovation and the post-renewal reserve study as part of your due diligence. A well-documented renovation combined with a healthy reserve balance is the strongest signal on a building of this era.
Does The Luxe allow rentals? +
Yes. The Luxe has no rental cap, meaning owners can rent their units without being waitlisted or restricted by building policy. This is increasingly rare in the Seattle condo market and is a significant advantage for investors or owners who may want future flexibility. Always verify current rental policy with the HOA before making an offer.
What parking does The Luxe offer? +
The Luxe features secure garage parking, and many homes include two parking spaces along with private storage rooms. Two parking spaces is unusual for a boutique mid-rise building in Queen Anne and a meaningful resale advantage in a neighborhood where on-street parking is restricted.
What amenities and features do residences at The Luxe include? +
Homes at The Luxe include updated finishes, air conditioning, in-unit laundry, private balconies and decks, generous storage, flexible primary and secondary bedrooms, and open-concept layouts. Top-floor corner residences feature 12-foot ceilings, expansive windows, and nearly 1,000 square feet of open living space with panoramic views of Mount Rainier, Elliott Bay, and the Olympic Mountains.
What makes The Luxe different from other Queen Anne condos? +
The Luxe combines three features that are rarely found together in a Queen Anne boutique building: no rental cap for owner flexibility, two secure parking spaces in many homes, and top-floor corner residences with 12-foot ceilings and panoramic Mount Rainier and Elliott Bay views. The 2007 renewal offsets many of the typical concerns buyers raise about mid-century Seattle construction, and the Uptown location gives residents walkable access to Seattle Center, Climate Pledge Arena, and the full cultural core of the city.
More in Queen Anne
Nearby Buildings
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 The Luxe Condos?