3945 S Morgan Street, Seattle, WA 98118, Seattle, 98118 - 3 bed, 4 bath
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3945 S Morgan Street
Seattle, WA 98118
ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
1,763Sq Ft
1,619Lot Size
Property Price
LIST PRICE$824,950
EST. MARKET VALUE
$845,814
SUMMARY
This Brand-New 2026 Construction is a Prime Investment Opportunity, listed at $824,950—positioned well below the $845,814 Fair Market Value by 2%. This valuation gap offers $20,864 in Instant Equity for the buyer. Featuring a custom-designed kitchen, mini-split HVAC, and a private rooftop deck with skyline views, the home maintains a Mint Condition Rating. With no HOA fees, this property provides significant long-term cost savings. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modern, low-maintenance Seattle residence.
Estimated Market Value
$845,814
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 |
|---|---|---|---|---|---|---|
★ 3945 S Morgan Street Subject | $824,950* List Price | 3 | 4 | 1,763 | $480 | - |
A 5015 37th Avenue S B Sold | $650,000 | 3 | 2 | 1,310 | $496 | 0.9 mi |
B 6909 42nd Avenue S A Active | $795,950 List Price | 3 | 3 | 1,720 | $463 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand-new 2026 construction in mint condition. Features a custom-designed kitchen, modern mini-split HVAC systems in every room, and high-end finishes including LVP flooring and a contemporary walk-in shower.
PROSSTRENGTHS & OPPORTUNITIES
- Modern New Construction
Built in 2026, this home features high-end contemporary finishes, a custom kitchen, and energy-efficient mini-split heating and cooling in every room.
- Private Rooftop Deck
The property boasts a private rooftop deck with Seattle skyline views, providing a premium outdoor entertaining space that is highly sought after in urban markets.
- No HOA Fees
The lack of a Homeowners Association offers the owner greater autonomy and significant monthly cost savings compared to typical modern townhomes or clusters.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1619, living area = 1763.
- Limited Yard Space
With a lot size of 1,619 sqft for a 1,763 sqft home, there is minimal ground-level outdoor space, which may deter buyers looking for a traditional garden or play area.
- Vertical Living Layout
The multi-story design typical of this footprint requires navigating multiple flights of stairs, which can be a challenge for buyers with mobility concerns or those preferring a more horizontal flow.
About 3945 S Morgan Street
Welcome to this stunning brand-new construction in Seattle! This beautifully designed 3-bedroom, 3.25-bath home offers modern style, thoughtful finishes, and exceptional functionality. The custom-designed kitchen serves as the heart of the home, complemented by mini-split heating and cooling systems in every room for year-round comfort. Enjoy durable new LVP flooring throughout, a cozy fireplace, and an attached 1-car garage. Step outside and take advantage of your private rooftop deck—perfect for relaxing, entertaining, or enjoying the Seattle skyline. With no HOA, this is a rare opportunity to own a contemporary Seattle home with the features and flexibility you've been looking for.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 1,619 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,763 | 1,803.474 |
| Lot Size | 1,619 | 4,544.116 |
| Price | $825.0K | $978.6K |
| Price per sq ft | $468 | $570 |
| Built year | 2026 | 1949 |
| HOA | $0 | $68 |
| Days on market | 19 | 36 |
Pricing History
Listed for Sale
Aug 21, 2026
$824,950
Initial Listing