
Seattle, WA 98118
This Spacious Multilevel View Home represents a Strong Value Opportunity, listed at $968,000—positioned well below the $1,022,672 Fair Market Value by 5%. This valuation gap offers $54,672 in Instant Equity for the buyer. With a Fair Condition Rating and a 10,209 sqft subdividable lot, the property features two kitchens and six bedrooms, making it perfect for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-potential asset with stunning Lake Washington and Mt. Rainier views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7972 39th Avenue S Subject | $968,000* List Price | 6 | 5 | 3,720 | $275 | - |
A 8722 Hamlet Ave S Pending | $995,000 List Price | 5 | 3 | 3,120 | $319 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old, which places it in the 'Fair' category according to the age criteria (>20y). While the description notes the home is immaculate and features functional systems like a gas furnace and double-pane windows, the interior images show dated finishes including original carpeting, brass light fixtures, and light wood trim that would benefit from modern updates.
The oversized 10,209 sqft corner lot is potentially subdividable, and the 3,720 sqft layout with two kitchens allows for an easy conversion into two separate 3-bedroom units.
Featuring 6 bedrooms and 5 bathrooms, including three ensuites, this home provides ample space and privacy for large families or multi-generational living arrangements.
The property offers impressive views of Lake Washington and Mt. Rainier, which can be enjoyed from two large decks, significantly enhancing the home's aesthetic appeal.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The multilevel design may pose mobility challenges for some residents and can result in a less cohesive flow compared to traditional two-story or ranch-style homes.
While the lot is noted as potentially subdividable, realizing this value requires navigating complex city zoning regulations and permitting processes, which can be time-consuming and costly.
Your opportunity to acquire an ultra-spacious multilevel view home. Sited on a potentially subdividable 10,209 sqft corner lot. This immaculate 6Br/5Ba newer construction boosts 3,720 sqft of light & bright living spaces, which includes a huge primary bedroom with 5-piece bath and 2 additional ensuites with full baths. 2 kitchens and 2 large view decks. Functional layout is conducive to easy conversion to two 3-bedroom units if desired. Home features efficient gas furnace and hot water heater, gas fireplace in living room, double pane vinyl windows, and a 500 sqft 2-car garage. Lake Washington and Mt. Rainier view. Proximity to light rail and high frequency public transit make this a wonderful place to call home and an excellent investment.
No exterior & parking available.
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 | 2003 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jun 10, 2026
$968,000
Initial Listing