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The Shoremont Apartments consisted of two, two-story, wood-frame buildings with non-structural brick walls. It occupied a 5,440-square-foot lot that had expansive views toward Elliott Bay and the Olympic Mountains. Most of the 7 apartments had views and each 1-bedroom, 1-bath unit had an average of 777 square feet. In 2011, the building and its property had a value of $1,303,400, down from a high of $1,614,000 in 2009.

Some renovations occurred in 1976. By 2011, new owner Dennis Schilling had purchased the Shoremont from the bank which had repossessed it and sought to renovate the building, returning it to use as apartments.

This building was slated to be demolished in 10/2008; the architect/developer, Chris Pardo, head of Pb Elemental, sought to build five modern three-floor townhouses on the site. Its plans initially were to move the 2-floor brick building to another site (perhaps on Whidbey Island) or at the very least to reuse the brick in-fill walls. The serious recession after 2008 spoiled these plans and the property went through foreclosure. Unfortunately for Pb Elemental, they paid $2.2 million for the property at a high point for real estate values in Puget Sound. By 09/2008, the market for townhouses had changed and the owner resubmitted plans to build "one single family residence with attached garages." This, too, fell through, and the "City Bank" repossessed the property on 04/06/2010.