
Seattle, WA 98116
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $965,000—positioned well below the $997,360 Fair Market Value by 3%. This valuation gap offers $32,360 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, Luxury Jetted Tub, and a Raised Deck overlooking Fairmount Ravine. Located near Top-Rated Schools like Lafayette Elementary, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home in the Admiral District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2623 39th Avenue SW Subject | $965,000* List Price | 4 | 2 | 2,200 | $453 | - |
A 3715 Walnut Avenue SW Sold | $875,000 | 3 | 1 | 1,690 | $518 | 0.7 mi |
B 3056 50th Avenue SW Sold | $797,000 | 3 | 2 | 2,008 | $397 | 0.7 mi |
C 3402 48th Avenue SW Sold | $925,000 | 3 | 2 | 1,660 | $557 | 0.7 mi |
D 2773 44th Avenue SW A Sold | $1,035,000 | 2 | 3 | 2,092 | $495 | 0.4 mi |
E 4207 SW Manning St Sold | $815,000 | 3 | 2 | 1,490 | $547 | 0.7 mi |
F 2316 41st Avenue SW Active | $1,050,000 List Price | 3 | 2 | 2,060 | $510 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1926, the property is well-maintained and move-in ready. It features a renovated kitchen with granite countertops and mosaic backsplash, updated plumbing, a newer luxury bathroom with a jetted tub, and a large, modern raised deck. The finishes and description suggest major renovations occurred within the 10-20 year range.
Situated in the highly sought-after Admiral District, the property offers exceptional walkability to local dining, movie theaters, and grocery stores, significantly enhancing its lifestyle appeal.
The fully finished basement includes a second laundry service, oven, and bar sink, providing excellent potential for a guest suite, entertainment hub, or multi-generational living.
A spectacular raised deck overlooks the Fairmount Ravine, offering a private and lush greenspace backdrop that provides a tranquil, nature-filled escape within an urban environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2200, other record living area = 1660.
Built in 1926, the property's age may necessitate ongoing maintenance and potential upgrades to older structural elements despite recent plumbing and bathroom improvements.
While the ravine provides a beautiful view, the 4,400 sqft lot and sloped topography may limit the amount of flat, functional yard space available for traditional outdoor activities or play.
Once upon a time, there was a lovely, charming home in the desirable Admiral District of West Seattle. With its four bedrooms, two full baths, and a spectacular raised deck emptying to a lush greenspace over Fairmount Ravine, it provided joy and love inside and out. Three large garden boxes off the back deck offered ample space for a green thumb while roses, hydrangeas and seedless blackberries complemented an historic, shady cherry tree in the front. Its owners, throughout the years, took great care in adding a full second bath upstairs with a luxury jetted tub, laundry service, and updated plumbing throughout the home. The location was incredible, as it conveniently sat easy walking distance to everything Admiral, from dining, movie theater and abundant grocery. It especially enjoyed hosting holiday open houses with friends on a generous main floor, and held exciting gaming parties in the refuge of a comfortable, fully finished basement rec room that boasted a full second laundry service, and even a second oven and bar sink. It was truly a charming time. Now, it is your turn to write the next chapter!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades K-5 • 1.2 mi
Grades PK-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,200 | 1,803.474 |
| Lot Size | 4,400 | 4,544.116 |
| Price | $965.0K | $978.6K |
| Price per sq ft | $439 | $570 |
| Built year | 1926 | 1949 |
| HOA | $0 | $68 |
| Days on market | 20 | 36 |
Aug 20, 2026
$965,000
Initial Listing