
Seattle, WA 98118
This Contemporary Waterfront Retreat is a Prime Investment Opportunity, listed at $2,370,000—positioned well below the $2,430,231 Fair Market Value by 2%. This valuation gap offers $60,231 in Instant Equity. Featuring a 3-Condition Rating, the home boasts Italian marble finishes, a dedicated dock, and panoramic Lake Washington views. While local school ratings vary, the property’s exclusive Pritchard Island location and high-end amenities offer a rare lifestyle. This is an ideal acquisition for Luxury Homeowners or Waterfront Enthusiasts seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8418 Island Drive S Subject | $2,370,000* List Price | 3 | 3 | 2,763 | $880 | - |
A 8696 Island Drive S Active | $2,798,000 List Price | 4 | 3 | 3,220 | $869 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989 but features high-end renovations in the kitchen and bathrooms (Italian marble, granite, vessel sinks) likely within the 5-15 year range. Critical systems are updated with a newer roof and high-efficiency furnace, and the overall condition is well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13974, living area = 2763.
The property features 53 feet of private Lake Washington frontage, a dedicated dock with a covered hydraulic boat lift, and rare grandfathered offshore mooring pilings, offering an elite boating lifestyle.
Contemporary architecture with floor-to-ceiling windows and vaulted ceilings maximizes the breathtaking panoramic views of Lake Washington and Mt Rainier while flooding the home with natural light.
The property is served by several schools with low performance ratings, including the local high school rated 2/10, which may be a significant concern for families prioritizing public education.
At a $2.37M price point, the three-bedroom configuration may be considered restrictive for larger families or buyers seeking additional dedicated guest and office spaces.
Experience the best of Lake Washington waterfront living in this stunning contemporary retreat, where breathtaking panoramic views of Lake Washington & Mt Rainier create an extraordinary everyday backdrop. Privately tucked away within the coveted enclave of Pritchard Island, known for its quiet streets, strong sense of community & secluded feel while remaining conveniently close to city amenities. The long driveway provides ample parking & privacy. With 53 feet of private waterfront, dedicated dock, covered hydraulic boat lift & grandfathered offshore mooring pilings, this property offers unmatched access to life on the water. Enjoy boating to waterfront restaurants, sunset cruises, paddle boarding, jet skiing & endless lakefront adventures. Designed to maximize natural light & showcase the spectacular views, the home features floor-to-ceiling windows, dramatic angled glass, gracefully curved walls, & soaring vaulted ceilings. Sophisticated finishes elevate the interior, including Italian marble, custom metalwork, & chef-inspired kitchen that seamlessly blends style and functionality. Thoughtful updates include newer roof, high-efficiency furnace & gas fireplace. Outdoor living is equally impressive - an expansive Trex deck & beautifully designed lower-level hardscaping create exceptional spaces for entertaining, relaxing & enjoying the peaceful waterfront setting. This is a rare opportunity to own a premier waterfront home on Pritchard Island. DON'T MISS IT!
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,763 | 1,803.474 |
| Lot Size | 13,974 | 4,544.116 |
| Price | $2.37M | $978.6K |
| Price per sq ft | $858 | $570 |
| Built year | 1989 | 1949 |
| HOA | $0 | $68 |
| Days on market | 35 | 36 |
Aug 5, 2026
$2,370,000
Initial Listing