
Seattle, WA 98118
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,185,000—positioned well below the $1,215,350 Fair Market Value by 2%. This valuation gap offers $30,350 in Instant Equity. Featuring an Excellent Condition Rating, the home includes Solar Panels, Heated Bathroom Floors, and a Detached Studio on an oversized lot with DADU potential. Located near Seward Park, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, amenity-rich lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4908 S Snoqualmie Street Subject | $1,185,000* List Price | 3 | 2 | 2,132 | $564 | - |
A 4903 50th Avenue S Sold | $995,000 | 3 | 2 | 1,800 | $553 | 0.3 mi |
B 4927 50th Avenue S Sold | $1,270,000 | 3 | 2 | 2,130 | $596 | 0.3 mi |
C 4625 48th Avenue S Sold | $959,000 | 3 | 2 | 1,820 | $527 | 0.1 mi |
D 4755 39th Avenue S Sold | $1,075,000 | 4 | 2 | 1,840 | $584 | 0.6 mi |
E 3811 39th Avenue S Sold | $1,220,000 | 4 | 1 | 2,030 | $601 | 0.8 mi |
F 4814 51st Avenue S Sold | $1,298,000 | 3 | 3 | 2,152 | $603 | 0.2 mi |
G 4921 50th Avenue S Sold | $1,175,000 | 4 | 2 | 2,660 | $442 | 0.3 mi |
H 4858 S Orcas Street Sold | $984,500 | 3 | 2 | 1,755 | $561 | 0.7 mi |
I 4903 50th Avenue S Active | $1,149,000 List Price | 3 | 2 | 1,800 | $638 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1947, the property has undergone extensive high-end renovations within the 'Excellent' criteria window. The kitchen is fully modernized with stone countertops and stainless steel appliances, and bathrooms have been remodeled with luxury features like heated floors. Critical systems are updated, including a newer electrical panel, air conditioning, and solar panels, ensuring the home is in mint, move-in condition with no deferred maintenance.
Situated in the highly coveted Seward Park neighborhood, this home offers immediate access to Lake Washington, scenic trails, and popular local amenities like Chuck's Hop Shop and Cafe Vita.
The exceptionally oversized 7,200 sqft lot is a rare find in this area, featuring a mature garden and significant potential for a Detached Accessory Dwelling Unit (DADU) to increase value or rental income.
The property is move-in ready with high-end improvements including solar panels, air conditioning, a newer electrical panel, and remodeled bathrooms with heated floors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2132, other record living area = 1920.
While the property mentions lake views, they are 'peek-a-boo' in nature, which may not satisfy buyers specifically looking for expansive or unobstructed waterfront vistas.
The assigned elementary and high schools carry average ratings (4-5), which might be a drawback for families prioritizing top-tier academic performance in their home search.
Set in the coveted Seward Park neighborhood, 4908 S Snoqualmie Street puts you steps from the shores of Lake Washington and the trails of Seward Park — one of Seattle's most sought-after locations. With Aslan Brewing, Both Ways Cafe, Chuck's Hop Shop, and Cafe Vita all just around the corner, this is a rare opportunity to own in a high-demand, amenity-rich pocket of the city. The exceptionally oversized lot — rare for the neighborhood — features a mature garden with greenhouse and raised beds, and boasts tremendous potential for a DADU. The traditionally-styled main floor is filled with natural light through garden-facing picture windows, with beautiful hardwoods throughout. The updated kitchen features SS appliances, ceramic tile backsplash, stone counters, and peek-a-boo views of Lake Washington. Generous living areas on both levels offer a flexible layout with plenty of room to spread out. Downstairs, a welcoming walk-out rec room opens directly to the studio and garden — perfect for entertaining or hosting guests. The detached studio adds immediate flexibility — use it as a rentable space, office, gym, or creative retreat. Thoughtful upgrades include remodeled bathrooms with heated floors, a newer electrical panel, air conditioning, and solar panels. Positioned between Downtown and SeaTac, with quick access to I-5 and the light rail, this home offers the rare combination of a tranquil, established neighborhood and effortless connectivity to everything the city has to offe
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.2 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,132 | 1,803.474 |
| Lot Size | 7,200 | 4,544.116 |
| Price | $1.19M | $978.6K |
| Price per sq ft | $556 | $570 |
| Built year | 1947 | 1949 |
| HOA | $0 | $68 |
| Days on market | 37 | 36 |
Aug 3, 2026
$1,185,000
Initial Listing