The Pinnacle at Alki is being constructed on Alki's northernmost perch with unobstructed views that range from downtown Seattle's skyline to the Olympic Mountains.

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WEST SEATTLE — Prospective homebuyers and brokers are invited to attend an open house event Feb. 17–18 to celebrate the public sales debut of The Pinnacle at Alki. The 11-unit luxury condominium community is being constructed on Alki’s northernmost perch with unobstructed views that range from downtown Seattle’s skyline to the Olympic Mountains.

The event will be held from 1–4 p.m. both days at the New Development Preview Center of Realogics Sotheby’s International Realty at 2715 First Ave. in downtown Seattle. Guests can review new renderings, floor plans and finish options for the first time, and get information about dues and the construction schedule.

“This is it,” says Dave Janssens, listing broker with Realogics Sotheby’s International Realty. “After years of design and development, we’re under construction and available for priority presales.”

The first listing has already hit the Northwest Multiple Listing Service. Unit 302 is a three-bedroom, 2.5-bathroom condominium with 2,128 square feet (BOMA) of living space. It is priced at $1.675 million.

Other homes will be released for sale in the coming weeks as prior reservations are converted to purchase agreements, Janssens says.

Presale contracts require a 5 percent earnest-money deposit to secure the selected condominium unit. Final closing is anticipated to take place in the fall, allowing prospective buyers time to sell an existing home and make any arrangements.

Remaining homes include all three-bedroom floor plans ranging from 1,723 to 2,128 square feet. Listing prices range from about $1.5 million to more than $2.3 million, with first occupancy expected in the fall.

Located at 1118 Alki Ave. S.W., The Pinnacle at Alki will be a short walk from the West Seattle foot ferry for access to downtown Seattle.