3039 49th Avenue SW, Seattle, WA 98116, Seattle, 98116 - 4 bed, 2 bath
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3039 49th Avenue SW
Seattle, WA 98116
ACTIVE
CONDITION: GOOD
4Beds
2Baths
2,230Sq Ft
7,920Lot Size
Property Price
LIST PRICE$985,000
EST. MARKET VALUE
$1,056,541
6% BelowMARKET VALUE
SUMMARY
This Turnkey Mid-Century Residence represents a Strong Value Opportunity, listed at $985,000—positioned well below the $1,056,541 Fair Market Value by 6%. This valuation gap provides $71,541 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a remodeled kitchen with stone counters, refinished hardwoods, and a west-facing composite deck. Located near top-rated schools like Genesee Hill Elementary, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home in the Admiral neighborhood.
Estimated Market Value
$1,056,541+$71,541 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Seattle.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3039 49th Avenue SW Subject | $985,000* List Price | 4 | 2 | 2,230 | $474 | - |
A 3715 Walnut Avenue SW Sold | $875,000 | 3 | 1 | 1,690 | $518 | 0.6 mi |
B 4007 49th Avenue SW Sold | $851,000 | 2 | 1 | 1,520 | $560 | 0.6 mi |
C 4515 SW Genesee Street Sold | $1,270,000 | 3 | 3 | 2,380 | $534 | 0.8 mi |
D 4207 SW Manning St Sold | $815,000 | 3 | 2 | 1,490 | $547 | 0.5 mi |
E 3854 48th Avenue SW Pending | $995,950 List Price | 4 | 2 | 1,920 | $519 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1954, the property is well-maintained and move-in ready with significant updates including a kitchen with stone counters and updated cabinetry, refinished hardwoods, new carpet, fresh interior paint, and a newer composite deck.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Admiral Location
Situated in the highly sought-after Admiral neighborhood, this property offers exceptional proximity to Alki Beach, the shops at Admiral Junction, and top-rated schools, ensuring a high-quality lifestyle and strong long-term value.
- Generous Lot and Outdoor Living
The expansive 7,920 sq ft lot is a rare find in Seattle, featuring a private fenced backyard, fruit trees, and a west-facing composite deck perfect for entertaining and gardening.
- Move-In Ready Updates
The home boasts significant recent improvements, including refinished hardwoods, a remodeled kitchen with stone countertops, fresh interior paint, and new carpeting, providing a turnkey experience for the buyer.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2230, other record living area = 1610. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Bathroom Count
For a four-bedroom home spanning over 2,200 sq ft, the 1.5-bathroom configuration may be a significant drawback for larger families and could impact the property's competitive market positioning.
- Single-Car Garage
The attached one-car garage provides limited parking and storage capacity for a residence of this size, which may be a constraint for multi-vehicle households.
About 3039 49th Avenue SW
Charming Mid-Century gem located in the popular Admiral neighborhood of West Seattle! This 4-bed, 1.5-bath home spans an expansive 2,230 sq ft. Revel in the sun-drenched, east-facing living room with a cozy gas fireplace. The main level graces you w/ 3 bedrooms, a full bath, & elegant, refinished hardwoods. The spacious kitchen showcases stone counters, updated cabinetry with some glass front cabinets, and a garden window! Adjacent to the kitchen is a family room with charming built-in benches and French doors that open to the private fenced backyard. The lower level offers versatile a family room with another gas fireplace, 4th bedroom, ½ bath and large utility room. One car attached garage with a work bench and storage. The backyard is a gardener’s delight, complete with fruit trees and a west facing composite deck, perfect for your BBQs! Lots of updates including new carpet downstairs and fresh paint throughout the interior. Close to the shops and restaurants of the Admiral Junction! Take a stroll along California Avenue SW, and experience local shops and markets, and frequent community events. Alki Beach is just minutes down the hill! All of this plus an easy commute to Downtown Seattle!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 7,920 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Lafayette Elementary School
Grades PK-5 • 0.4 mi
8/10
Alki Elementary School
Grades PK-5 • 0.6 mi
8/10
Genesee Hill Elementary School
Grades K-5 • 0.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,230 | 1,803.474 |
| Lot Size | 7,920 | 4,544.116 |
| Price | $985.0K | $978.6K |
| Price per sq ft | $442 | $570 |
| Built year | 1954 | 1949 |
| HOA | $0 | $68 |
| Days on market | 5 | 36 |
Pricing History
Listed for Sale
Sep 4, 2026
$985,000
Initial Listing