4625 48th Avenue S, Seattle, WA 98118, Seattle, 98118 - 3 bed, 2 bath
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Seattle, WA 98118
This Mid-Century Hybrid Asset is listed at $1,100,000, reflecting a strategic premium for its unique land utility compared to the $1,047,177 Fair Market Value. Maintaining a Condition Rating of 3, the residence features a fully finished MIL suite with a second kitchen and a rare double lot primed for DADU development. Located near Lake Washington, the property offers a private patio and sauna, blending lifestyle luxury with high rental demand. This is an ideal acquisition for Owner-Occupants or Multi-generational Buyers seeking long-term appreciation and income flexibility.
Property is move-in ready.
This 1940s property is move-in ready and has been well-maintained with modern updates. The interior features updated flooring, contemporary light fixtures, and large windows. The inclusion of a fully finished lower-level MIL suite with a second kitchen and a sauna demonstrates significant investment in the property's functionality and appeal, though it retains some vintage infrastructure typical of its era.
Situated on a rare double lot, this property offers significant value-add potential for a Detached Accessory Dwelling Unit (DADU) or an extraordinary level of urban privacy.
The fully finished lower-level MIL suite with a separate entrance and second kitchen provides excellent flexibility for rental income, multi-generational living, or guest accommodations.
Located in the desirable Lakewood area, the home is just minutes from Lake Washington, scenic trails, and local cafes, offering a perfect balance of tranquility and community connection.
The property is served by some schools with lower performance ratings, particularly the assigned high school, which may be a concern for education-focused buyers.
As a 1940s mid-century home, buyers should anticipate potential maintenance or modernization needs typical of older systems and infrastructure despite its aesthetic charm.
Welcome to this mid-century gem where classic design meets modern comfort. On a quiet street, a welcoming floor plan unfolds with living spaces framed by oversized windows, creating an effortless flow ideal for both intimate gatherings and entertaining. The living room will beckon in the sunrise while the patio in the backyard will offer a retreat to welcome sunsets as the days get longer. Situated on a rare double lot, this exceptional property offers a unique opportunity for a DADU, or simply an extraordinary sense of privacy. The fully fenced yard offers space to roam while the lower-level MIL suite with separate entrance and second kitchen provides flexibility for guests or extended stays. Dine al fresco under the open sky, or take a quick bike ride to the shores of Lake Washington. Minutes from quaint neighborhood cafés, lakeside parks, and miles upon miles of picturesque trails, this home offers the perfect balance of tranquility and connection.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.1 mi
Grades K-5 • 1.2 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 | 1940 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Feb 19, 2026
$1,100,000
Initial Listing