
Seattle, WA 98118
This Waterfront Cape Cod Retreat is a Strong Value Opportunity, listed at $1,895,000—positioned well below the $2,007,267 Fair Market Value by 5%. This valuation gap offers $112,267 in Instant Equity. Featuring a High-End Modern Remodel, this home boasts a chef's kitchen, private dock, and panoramic lake views. With an Excellent Condition Rating, it offers a turnkey lifestyle for Waterfront Enthusiasts or Owner-Occupants seeking a premium, private sanctuary in the coveted Pritchard Island community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8428 Island Drive S Subject 3 bd · 3 ba · 2,540 sqft · $790 | $1,895,000* List Price | 3 | 3 | 2,540 | $790 | - |
A 7936 Seward park Avenue S C Pending 5 bd · 3 ba · 2,470 sqft · $891 · 0.3 mi | $2,199,999 List Price | 5 | 3 | 2,470 | $891 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end remodel within the last 5 years, featuring a modern chef's kitchen with marble countertops, updated bathrooms with designer tiling, and upgraded systems including a tankless water heater and EV charger.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15658, living area = 2540.
The property features 66 feet of Lake Washington shoreline equipped with an 80-foot dock, boat lift, jet ski lift, and mooring buoy, offering an elite lifestyle for boating enthusiasts.
A sophisticated chef’s kitchen with leathered marble countertops and premium appliances complements the home's 1920s character, which is further enhanced by a private primary suite and smart upgrades like an EV charger.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2540, other record living area = 1720. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The assigned public schools, specifically Rainier Beach High and Emerson Elementary, have low performance ratings, which may be a concern for families and impact future appreciation.
The three-level Cape Cod design, with the primary suite isolated on the top floor and secondary bedrooms on the lower level, may not appeal to buyers seeking a more traditional or accessible floor plan.
Experience quintessential Lake Washington living in this beautifully remodeled Cape Cod waterfront retreat in Seattle’s coveted Pritchard Island community. Boasting 66 feet of pristine shoreline, this home is built for ultimate waterfront living - featuring an 80-foot dock, boat lift and jet ski lift, a permitted mooring buoy, and mooring pilings for effortless tie-up. Inside, an open-concept kitchen and living layout captures captivating water views through expansive windows. The chef’s kitchen equipped with premium stainless steel appliances, leathered marble countertops, a generous island, a walk-in pantry, custom hand-fired floating shelves, and wood floors stained to echo the natural tones of the lake. Warm wood-paneled ceilings in the living room and cozy wood-burning fireplace bring incredible warmth and character, balanced by stylish barn door accents. The entire upper level is dedicated to the private primary suite, featuring original fir floors, a picture window framing panoramic water views, and an ensuite bath with a bidet. The lower level offers ideal versatility with two additional bedrooms - each fitted with customized closet systems - a 3/4 bath, and a flexible bonus room with direct walkout access to the yard. Step outside to your expansive waterfront deck with a private hot tub. Thoughtful upgrades include a tankless water heater, cable-ready wiring on every floor, a garage with an EV charger, extensive storage, and an unbeatable lakeside lifestyle.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 0.9 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,540 | 1,801.924 |
| Lot Size | 15,658 | 4,494.536 |
| Price | $1.90M | $974.4K |
| Price per sq ft | $746 | $569 |
| Built year | 1920 | 1948 |
| HOA | $0 | $78 |
| Days on market | 3 | 35 |
Oct 22, 2026
$1,895,000
Initial Listing