2715 50th Avenue SW, Seattle, WA 98116, Seattle, 98116 - 2 bed, 1 bath
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Seattle, WA 98116
This property presents a High-Potential Investment Opportunity with a List Price of $749,000—positioned well below the $751,991 Fair Market Value by 0.4%. Featuring an oversized lot with two additional parcels, this Condition Rating 5 asset offers significant development potential in a high-demand area. Served by top-rated schools like Lafayette Elementary and Madison Middle, the site provides long-term stability. With mountain views and a private setting, this is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2715 50th Avenue SW Subject | $749,000* List Price | 2 | 1 | 694 | $1,084 | - |
A 5603 SW Lander Street Active | $799,950 List Price | 2 | 1 | 940 | $851 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940 with no evidence of major renovations, this property is in original condition with dated windows, window AC units, and aging finishes. The listing's heavy emphasis on 'as-is' condition, development potential, and land value for an oversized lot suggests the structure requires a complete rehab to meet modern standards.
The property includes two additional parcels and an oversized lot, offering a rare investment opportunity for expansion or new construction in a neighborhood where nearby homes sell for nearly $2 million.
Tucked away on a quiet, private dead-end street in the highly sought-after Admiral neighborhood, this home provides exceptional privacy and mountain views while remaining minutes from West Seattle amenities.
The property is served by high-performing schools, including Lafayette Elementary and Madison Middle School, which adds significant long-term value and appeal for families.
At just 694 square feet, the current 2-bedroom, 1-bath cottage is quite small by modern standards, which may necessitate a costly expansion or total rebuild to maximize the lot's value.
Built in 1940 and marketed as a renovation project, the home likely requires substantial capital investment to update aging systems and finishes to meet contemporary living expectations.
A rare opportunity to own in one of West Seattle’s most sought-after neighborhoods, where homes rarely come to market. Tucked away on a quiet, private dead-end street, this charming 2-bedroom, 1-bath cottage offers a peaceful setting surrounded by nature while remaining just minutes from all that West Seattle has to offer. Situated on an oversized lot with two additional parcels included in the sale, this property presents a unique opportunity for a variety of buyers. Enjoy the home as-is, renovate to suit your vision, or explore future possibilities. Nearby homes have sold for nearly $2 million, making this an exceptional opportunity in a highly desirable location. Buyers should verify all development and building potential to their own satisfaction. Whether you’re looking for a charming home, renovation project, or investment opportunity, this property combines privacy, views, and an outstanding location. Experience the tranquility of a secluded setting while enjoying convenient access to everything West Seattle has to offer.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
Jul 8, 2026
$749,000
Initial Listing