
Seattle, WA 98118
Analysis of 3903 48th Avenue S, Seattle, WA 98118 is currently available with a list price of $2,480,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Seattle Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
This 1987-built architectural home is in move-in ready condition and has been exceptionally well-maintained. The kitchen features updated stone countertops, high-end appliances, and clean cabinetry. While some design elements like the metal railings and wet bar reflect its original era, the overall quality of the hardwood flooring, recessed lighting, and spa-like primary bath indicates significant upkeep and selective modernization, requiring no immediate repairs.
Designed by Martin Henry Kaplan and a former AIA 'House of the Month,' this residence offers a sophisticated and unique modern aesthetic that provides significant artistic and market value.
The property features a dramatic rooftop deck and multiple levels of outdoor space offering sweeping, unobstructed views of Lake Washington and the Cascade Mountains from nearly every room.
Situated in the desirable Lakewood neighborhood, the home is just steps from the water, providing immediate access to lakeside parks, kayaking, and a premium Pacific Northwest lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3083, other record living area = 2730.
The three-level layout, with the garage at street level and bedrooms on the top floor, may be less desirable for buyers seeking single-level living or those with mobility concerns.
Built in 1987, the home may require updates to its original mechanical systems or interior finishes to meet the contemporary luxury standards expected at this price point.
A former Seattle Times/AIA “House of the Month,” this Martin Henry Kaplan–designed residence is a sophisticated and enduring expression of modern architecture. The crown jewel: a dramatic rooftop deck with sweeping views of Lake Washington and the Cascades. Expansive windows carry those vistas into every room, flooding the interiors with natural light. Arranged across three levels, the home offers a double garage and generous storage at street level, open living and entertaining spaces on the main floor, and private bedroom quarters above. Outdoor decks extend from each level, reinforcing a seamless connection between the interiors and the surrounding landscape. The main floor is designed for living and entertaining in equal measure: a spacious eat-in kitchen, inviting family room, two fireplaces, and flexible dining and living areas, all anchored by custom built-ins and Kaplan’s signature detailing. Upstairs, the primary suite offers panoramic lake and mountain views, a spa-like bath, two large walk-in closets, and direct access to a private deck. Two additional bedrooms and a full bath complete the level. Just steps from the water—lakeside parks, kayaking, paddleboarding, and open-water swimming. Lake Washington living at its best.
No exterior & parking available.
No sensitive facilities data found.
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| Built year | 1987 | - | 0% |
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Apr 9, 2026
$2,480,000
Initial Listing