
Seattle, WA 98116
This property presents a Strong Value Opportunity with a List Price of $850,000—positioned well above the $801,322 Fair Market Value by 6%. While priced at a premium, the home offers significant upside through its DADU Conversion Potential and Prime Admiral Location. With a Condition Rating of 4, the home retains historic charm while awaiting modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage the detached garage for rental income or multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4812 SW Stevens Street Subject | $850,000* List Price | 3 | 2 | 1,180 | $679 | - |
A 3915 SW Hinds Street Pending | $749,000 List Price | 2 | 1 | 1,240 | $604 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, this home is described as 'beautifully preserved' rather than renovated. While well-maintained and move-in ready, the presence of original wood paneling, older baseboard heating units, and dated drop-ceiling tiles indicates the systems and finishes are likely over 20-30 years old, requiring modernization to meet current standards.
Situated in the heart of the coveted Admiral Junction, this property offers exceptional walkability to gourmet groceries, dining, and transit, while being less than a mile from Alki Beach.
The detached garage with alley access and a deep driveway presents a significant opportunity to develop a Detached Accessory Dwelling Unit (DADU) for rental income or multi-generational living.
Built in 1929, the home features beautifully maintained vintage details including original fir floors, authentic wood paneling, and a brick hearth that provide a unique and cozy PNW aesthetic.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
At 1,180 square feet for a three-bedroom home, the living spaces and bedrooms may feel restrictive for buyers accustomed to more modern, open-concept layouts.
The 3,200 square foot lot is relatively small, which limits traditional yard space once the driveway, detached garage, and covered patio are accounted for.
Unwind in your own peaceful haven within West Seattle’s coveted Admiral Junction neighborhood. Experience the convenience of gourmet groceries, top tier dining, historic movie theatre, library, and municipal transit just a few blocks away. Meander down to Alki's sandy beaches, scenic bike paths and stunning sunsets all within less than a mile. This beautifully preserved 1920s home blends vintage architectural charm with a rare backyard setup optimized for entertainment, passive income, or multi-generational living. Original fir floors add natural warmth and historic character. Authentic wood paneling, brick hearth and freestanding fireplace creates a cozy PNW vibe. Main bedroom features large walk-in closet with its own window. Another bedroom features quaint built-in cabinetry. Skylight fills the upper hallway with natural light. Additional knee-wall storage areas upstairs. The deep side driveway provides off-street parking and leads to a sizable, detached garage with covered backyard patio. Enjoy a year-round, rain-or-shine area for outdoor dining, grilling, or lounging. Existing chimney above the covered patio allows the addition of a wood burning fireplace or a heating stove within the garage. Or capitalize on the garage’s footprint, versatile orientation, and accessible alley/driveway access for the prime opportunity to convert it into a Detached Accessory Dwelling Unit (DADU) or Mother-In-Law unit (MIL). Generate rental income or build out a private guest suite!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.6 mi
Grades K-5 • 0.8 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 | 1929 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 19, 2026
$850,000
Initial Listing
Jun 27, 1989
$115,000
Public Record