
Seattle, WA 98118
This Renovated Single-Family Residence is a Strong Value Opportunity, listed at $739,500—positioned well below the $738,910 Fair Market Value (effectively at market stability). Featuring a Mint Condition Rating with a modern open-concept kitchen and updated systems, this home offers immediate move-in readiness. The dual-level layout provides excellent flexibility for a home office or rental income, bolstered by its proximity to Lake Washington and downtown. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a centrally located, turnkey property in Seattle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4161 41st Avenue S Subject | $721,500* List Price | 3 | 2 | 1,080 | $672 | - |
A 4513 Cascadia Avenue S Pending | $625,000 List Price | 3 | 2 | 870 | $718 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1908 build date, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features a high-end open-concept kitchen with contemporary cabinetry and gold hardware, new flooring, recessed lighting, and updated windows. The exterior and systems appear fully refreshed, meeting the criteria for mint condition with no immediate maintenance required.
Ideally situated near Lake Washington and just minutes from downtown Seattle, this property offers high desirability for commuters and significant short-term rental potential for major events.
The offer includes an $18,000 seller credit, providing buyers with a rare financial advantage to buy down interest rates or offset closing costs in a competitive market.
The dual-level configuration with separate living spaces on the lower level provides excellent flexibility for a home office, guest suite, or potential income-generating rental unit.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,080 square feet of living space distributed across four bedrooms, the interior layout may feel cramped and lacks the spaciousness typically expected for a home with this many rooms.
Built in 1908, this century-old home may require more frequent maintenance and potential upgrades to aging infrastructure compared to more modern residential properties.
Ideally located near Lake Washington and just 5 minutes from downtown Seattle, this stunning home offers comfort, style, and convenience, with the World Cup approaching, this property also presents a fantastic opportunity for potential short-term rental income thanks to its prime location near Seattle’s top attractions, stadiums, dining, and entertainment. The home features 3 bedrooms and 1 bathroom on the main level, with an additional bedroom and bathroom on the lower level, offering flexibility for guests, a home office, or rental potential. The open-concept kitchen flows seamlessly into the bright and inviting living area, while large windows bring in abundant natural light throughout the home. The lower level provides extra living or entertainment space, and the private backyard is perfect for relaxing or hosting gatherings. This is a rare opportunity to own a beautifully designed home in one of Seattle’s most desirable and centrally located neighborhoods.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades K-8 • 0.7 mi
Grades 6-8 • 1.4 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 | 1908 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 30, 2026
$721,500
$739,500
-2% Price Drop
Initial Listing
May 22, 2026
$739,500
Initial Listing