6925 52nd Avenue S, Seattle, WA 98118, Seattle, 98118 - 3 bed, 1 bath
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Seattle, WA 98118
This Strategic Value-Add Asset is listed at $859,000, positioned near its $817,058 Fair Market Value. Given the Condition Rating of 5 and documented hazardous interior, this lender-owned property requires comprehensive professional remediation and capital investment. However, the 6,500-square-foot corner lot and partial lake and mountain views in the desirable Seward Park area offer significant potential for forced appreciation. With access to Mercer Middle School (rated 8/10) and Franklin High School, this is a high-utility acquisition for Fix-and-Flip Investors or Developers seeking a high-ROI project in a premium Seattle submarket.
Property is extensive renovation needed.
Built in 1951, this property is explicitly described as having hazardous conditions throughout and is being sold 'as-is' by a lender. The listing notes that the interior environment requires professional remediation and substantial capital investment before it can be occupied, indicating significant defects that affect the safety and habitability of the home.
Situated in the desirable Seward Park neighborhood on a corner lot, the property offers scenic views of the lake and mountains, providing significant long-term value.
As a lender-owned property with a recent price improvement, this home presents a major opportunity for investors or developers to build equity through a comprehensive renovation or redevelopment.
The 6,500-square-foot corner lot offers ample space for expansion, landscaping, or potential accessory dwelling units, which is a premium feature in the Seattle market.
The property is sold in as-is condition with documented hazardous interior environments, requiring substantial capital investment and professional remediation before occupancy.
With only one bathroom serving a 2,010-square-foot, three-bedroom layout, the current floor plan lacks the modern convenience expected at this price point, necessitating a reconfiguration.
Price improvement, and seller would like to see all offers! Bring your buyers to this wonderful value-add project in Seward Park! Great corner location, with some lake and mountain views. Property is lender-owned and sold "as-is", without any warranties or representation whatsoever by Seller and Listing Broker. Buyer and Selling Broker are responsible for investigating and verifying all property information to their satisfaction. Hazardous property conditions throughout the property, so please use caution when viewing!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 1.8 mi
Grades PK-5 • 1.9 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 | 1951 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 18, 2026
$829,000
$859,000
-3% Price Drop
Initial Listing
Apr 6, 2026
$859,000
Initial Listing