Seattle Condo Authority Network • Downtown
Seattle's first LEED Silver-certified residential high-rise at 737 Olive Way. 39 stories, 229 residences, connected to the Hyatt at Olive 8 with shared hotel amenities.
Building Profile
| Building Name | Olive 8 Residences |
| Address | 737 Olive Way, Seattle, WA 98101 |
| Year Built | 2009 |
| Total Units | 229 |
| Stories | 39 |
| Neighborhood | Downtown, Seattle, WA |
| HOA Fees | $800–$2,200/mo (est.) |
| Price Range | $500K–$3.0M |
| Rental Policy | Rental Cap |
| Parking | Assigned underground parking, valet available |
| Pet Policy | Pets allowed (verify size restrictions with HOA) |
| Building Website | oliveeight.com |
About This Building
Olive 8 Residences at 737 Olive Way is Seattle's first LEED Silver-certified residential high-rise, completed in 2009. The 39-story tower occupies a landmark Downtown position at the corner of Olive Way and 8th Avenue, directly connected to the Hyatt at Olive 8 hotel. This integration gives residents access to hotel-level amenities that no standalone residential building can replicate.
The building's 229 residences include one-bedroom to three-bedroom floor plans, many with floor-to-ceiling windows and sweeping views of Downtown Seattle, Capitol Hill, Lake Union, and Puget Sound from upper floors. LEED Silver certification reflects Olive 8's energy-efficient design, including advanced mechanical systems and sustainable operational practices.
Residents enjoy exclusive access to the Hyatt at Olive 8's full-service spa, indoor pool and hot tub, state-of-the-art fitness center, and multiple dining venues. A dedicated residential concierge provides building services separately from hotel operations. This amenity combination makes Olive 8 one of Downtown Seattle's most comprehensively serviced addresses.
Olive 8 operates under a rental cap, supporting owner-occupancy levels that benefit long-term resale values. With over 15 years of operating history, the building's HOA reserves are mature and its resale record is well-documented. Jeff Reynolds has deep expertise in Olive 8's floor plan values, view orientations, and the nuances of hotel-connected condo ownership.
Frequently Asked Questions
Olive 8 Residences is located at 737 Olive Way, Seattle, WA 98101 in Downtown Seattle, at the corner of Olive Way and 8th Avenue. The building is directly connected to the Hyatt at Olive 8 hotel and is within walking distance of Capitol Hill, the Downtown retail core, Seattle Central Library, and multiple transit options. Walk Score exceeds 97.
Olive 8 has 229 residential units across 39 floors, completed in 2009. Floor plans range from one-bedroom to three-bedroom residences. Upper floors deliver panoramic views of Downtown Seattle, Capitol Hill, Lake Union, and Puget Sound. Contact Jeff Reynolds for current inventory, recent sale prices, and floor plan availability.
Olive 8 Residences was completed in 2009 as Seattle's first LEED Silver-certified residential high-rise. The building's sustainable design and hotel-connected amenity package established a new benchmark for Downtown Seattle luxury condo living. With 15+ years of operating history, the HOA reserves are mature and financials are fully transparent.
HOA fees at Olive 8 are estimated at $800 to $2,200 per month depending on unit size and floor. These fees reflect the building's exceptional amenity package: access to the Hyatt hotel spa, indoor pool, fitness center, residential concierge, and 39-story building operations. Contact Jeff Reynolds for the current fee schedule and reserve fund analysis.
Yes, Olive 8 Residences operates under a rental cap. Buyers planning to lease their unit should verify current rental availability with the HOA before purchase. The rental cap supports high owner-occupancy and protects long-term resale values. Jeff Reynolds can pull the current rental concentration data before you submit an offer.
Your Downtown Condo Specialist
Jeff Reynolds is Seattle's leading specialist in urban condominiums, with deep expertise in Olive 8 Residences and every building in the Seattle Condo Authority Network. If you're buying or selling at Olive 8 Residences, Jeff has the data, the relationships, and the track record to represent you.
Jeff tracks every sale at Olive 8 Residences, maintains HOA financial data, and knows which floor plans and view orientations hold value best. This depth of building-level knowledge is what separates a specialist from a generalist.
Jeff Reynolds • Seattle Condo Authority Network • jeff.reynolds@compass.com
Current listings, recent sales, HOA financials, and buyer strategy. No obligation.