
Seattle, WA 98116
This Versatile Waterfront Italian Villa is listed at $1,639,000, representing a stable valuation relative to its $1,576,445 Fair Market Value. Featuring a Fair Condition Rating, the home offers high-end finishes including a Viking Chef’s Kitchen with a professional pizza oven and marble flooring. The property’s L3 multi-zoning and dual-unit configuration provide rare flexibility for rental income or commercial use. With unobstructed Puget Sound views and a private patio for entertaining, this is a strategic choice for Owner-Occupants looking to build wealth or Live-Work Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4030 Beach Drive SW Subject | $1,639,000* List Price | 3 | 5 | 2,070 | $762 | - |
A 4014 57th Avenue SW Active | $1,150,000 List Price | 3 | 2 | 1,730 | $665 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and features high-end components such as Viking appliances, marble flooring, and a professional pizza oven. However, according to the listing, the last major renovation occurred in 2000, which is 24 years ago. This fits the 'fair' criteria of a property renovated between 15 to 30 years ago where major components are functional but show signs of being outdated. The 'Italian Villa' aesthetic is very niche and may require cosmetic updates to meet modern market preferences.
Situated on Beach Drive with protected views of Puget Sound and Weather Watch Park, offering rare wildlife sightings and guaranteed sightlines that enhance long-term value.
The L3 multi-zoning (Residential/Commercial) and dual-unit configuration provide exceptional versatility for rental income, a home business, or multi-generational living.
The kitchen is equipped with professional-grade Viking appliances and a unique built-in pizza oven, making it a standout feature for culinary enthusiasts and high-end entertaining.
The opulent 'Italian Villa' styling, featuring heavy marble and golden flourishes, is highly specific and may require significant cosmetic investment to appeal to buyers seeking modern Pacific Northwest design.
Although the property underwent major updates in 2000, these improvements are now over 20 years old, likely necessitating updates to systems or finishes to meet current luxury standards.
Amazing waterfront property on Beach Drive, with protected views across the street from Weather Watch Park. View orca, sea lions, otters, seals and eagles from your front yard! Reminiscent of an Italian Villa, this opulent stone manse presents a once-in-a-lifetime opportunity for lavish living. Take advantage of multi-zoning, L3, Residential and Commercial. Set up to use as both an elegant single-family home or close interior doors and have two fully-contained units. Live on one floor and rent out the rest of the house for extra income. La Villa Rustica is a palatial residence w/marble floors & fireplace, overflowing with crystal chandeliers and golden flourishes. True chef’s kitchen w/ Viking gas range, refrigerator, microwave & dishwasher, classic cabinetry & granite counters, plus a built-in professional pizza oven. Main floor has office (or 3rd bedroom) w/bedroom suite with sandstone shower worthy of a Roman emperor. Upstairs can be a separate suite or an amazing primary suite with balcony and Puget Sound views. You'll love the elegant Roman fountain in front and the small patio with bar and room for a barbeque and entertaining in back. Original house built in 1918, with major updates by previous owner in 2000. Huge two-car garage+workshop, plus laundry and storage. Live in this grand home or use as a long or short-term rental or take advantage of the corner lot for future use. Protected views as across the street is beach access and a city park, Weather Watch Park.
No exterior & parking available.
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 | 1918 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 26, 2026
$1,639,000
$1,650,000
-1% Price Drop
Initial Listing
Feb 12, 2026
$1,650,000
Initial Listing