
Seattle, WA 98117
This Loyal Heights property represents a Strong Value Opportunity, listed at $750,000—positioned well below the $773,957 Fair Market Value by 3%. This valuation gap provides $23,957 in Instant Equity. Featuring a Condition Rating of 3, the home offers move-in ready updates like stainless steel appliances and 220V garage wiring. With its 3,960 sq. ft. lot and proximity to top-rated schools like Loyal Heights Elementary, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term redevelopment potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8337 27th Avenue NW Subject | $750,000* List Price | 2 | 1 | 790 | $980 | - |
A 8045 26th Avenue NW Sold | $818,000 | 2 | 2 | 875 | $935 | 0.1 mi |
B 7504 27th Avenue NW Sold | $885,000 | 3 | 1 | 950 | $932 | 0.5 mi |
C 7361 17th Avenue NW Sold | $725,000 | 2 | 1 | 830 | $873 | 0.7 mi |
D 8053 16th Avenue NW Sold | $745,000 | 2 | 1 | 870 | $856 | 0.6 mi |
E 8333 27th Avenue NW Pending | $825,000 List Price | 2 | 2 | 850 | $971 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1949, the home is move-in ready with significant updates including a kitchen with stainless steel appliances, recessed lighting, and refinished hardwood floors. The detached garage is updated with 220V wiring, and the overall interior condition appears well-maintained and functional, fitting the 5-15 year renovation window.
Situated in the highly desirable Loyal Heights neighborhood, this property offers exceptional proximity to top-rated schools, popular parks like Golden Gardens, and a vibrant array of local cafes and boutiques.
The 3,960 sq. ft. lot provides a prime opportunity for builders and investors to capitalize on the area's high demand by replacing the existing cottage with a larger, modern residence.
The home features tasteful updates including stainless steel appliances and hardwood floors, complemented by a detached garage already wired with 220V for electric vehicle charging.
With only 790 sq. ft. of living space, the home's small footprint may be restrictive for families or buyers requiring more functional room and storage.
The $750,000 list price represents a very high cost per square foot for the existing structure, indicating that the value is heavily weighted toward the land rather than the current improvements.
Charming Loyal Heights cottage on a 3,960 sq. ft. lot with real redevelopment potential — the cozy 790 sq. ft. home makes way for a fresh start on a generously sized parcel. Perfect for builders and investors seeking a prime building opportunity, or buyers looking for a move-in ready starter home. For today's buyer, this home is bursting with character: gleaming hardwood floors, recessed lighting, and a bright, welcoming living room centered around a classic wood-burning fireplace framed in timeless whitewashed brick. The stylish kitchen features tile counters and sleek stainless steel appliances. Two comfortable bedrooms and a full bath with tile flooring and a charming pedestal sink complete this warm, well-loved interior. Outside, enjoy a fully fenced front and back yard, lush mature landscaping, a private deck perfect for relaxing, and a detached 1-car garage wired with 220V — ready for an EV charger to be added. Beautiful pavers front and back add timeless curb appeal and low-maintenance ease. Location is everything here: enjoy easy access to I-5 and Hwy 99, with Golden Gardens Park, Sunset Hill Park, Carkeek Park, and North Beach Park just moments from your door — plus Green Lake a short drive away — not to mention Loyal Heights' beloved dining, boutique shops, and cozy cafés. Whether you're a builder searching for prime land or a buyer looking for a place to call your own, this Loyal Heights property truly delivers.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 790 | 1,803.474 |
| Lot Size | 3,960 | 4,544.116 |
| Price | $750.0K | $978.6K |
| Price per sq ft | $949 | $570 |
| Built year | 1949 | 1949 |
| HOA | $0 | $68 |
| Days on market | 20 | 36 |
Aug 20, 2026
$750,000
Initial Listing