3056 50th Avenue SW, Seattle, WA 98116, Seattle, 98116 - 3 bed, 2 bath
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Seattle, WA 98116
This Mid-Century Residential Home represents a Strong Value Opportunity, listed at $797,000—positioned well below the $822,642 Fair Market Value by 3%. This valuation gap offers $25,642 in Instant Equity. With a Condition Rating of 3, the property features significant recent updates, including a newer furnace and refreshed interiors. The dual-living potential of the lower level and proximity to top-rated schools like Genesee Hill Elementary make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, well-located Admiral District residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3056 50th Avenue SW Subject | $797,000* List Price | 3 | 2 | 2,008 | $410 | - |
A 2773 44th Avenue SW A Active | $995,000 List Price | 3 | 3 | 2,092 | $476 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1958, the property is well-maintained and move-in ready with significant recent updates including fresh paint, new LVP and carpet, and updated lighting. Critical systems are improved with a newer furnace and hot water tank. Kitchen and baths are dated in style but functional and clean.
The fully finished lower level features a second kitchen, rec room, and separate entrance, offering excellent flexibility for multi-generational living or potential rental income.
Situated in the heart of the coveted Admiral District, the property is minutes from Alki Beach and served by top-rated schools, including Genesee Hill and Lafayette Elementary.
Significant capital improvements including a newer furnace with MERV 13 filters, updated flooring, fresh paint, and new appliances ensure immediate move-in readiness and reduced maintenance costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3018, other record lot size in square feet = 5060. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2008, other record living area = 1840.
The property relies entirely on on-street parking, which may be a drawback for buyers prioritizing a private garage or dedicated driveway.
At just 3,018 square feet, the lot is relatively small for a single-family residence, limiting private outdoor space and yard utility compared to neighboring properties.
Welcome to West Seattle and this beautiful Mid-Century home, in the heart of the coveted Admiral District. This charming 3-bed/1.75-bath residence blends timeless character w/thoughtful updates & exceptional functionality. Main level features an open-concept kitchen & dining area, spacious living room w/cozy wood-burning fireplace, 2 bedrooms & full bath. Downstairs offers incredible flexibility w/a large rec-room, 2nd wood-burning fireplace, 2nd kitchen, 3/4 bath, additional bedroom/den/office, laundry/bonus room, utility room, & wine/beverage closet. Recent improvements include fresh interior & exterior paint, updated lighting, new carpeting, LVP & vinyl flooring throughout, newly conditioned hardwood floors, newer furnace (MERV 13 filters) & hot water tank, new main floor glass cooktop & dishwasher. Abundant closet & storage space can be found throughout the home. Outside, enjoy thoughtfully designed drought-resistant landscaping, newly seeded grass, & freshly pruned grounds. A stunning Lace-leaf Japanese Maple welcomes you in the front yard, while mature old-growth trees provide shade & natural cooling during the summer months. On-street parking for up to 5 vehicles. Ideally located just minutes from Alki Beach, Schmitz Park, Met Market, the historic Admiral Theater, & vibrant restaurants, cafés, & shops that make Admiral one of West Seattle’s most beloved neighborhoods. A truly special home in an unbeatable location — come see for yourself!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1958 | - | 0% |
| HOA | $50 | $0 | 0% |
| Days on market | - | - | 0% |
May 14, 2026
$797,000
Initial Listing