
Seattle, WA 98118
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $589,950—positioned well below the $600,656 Fair Market Value by 1.78%. This valuation gap offers $10,706 in Instant Equity. Featuring a Mint Condition Rating with a 2021 roof, 2023 HVAC, and modernized plumbing/electrical, this home offers a stress-free lifestyle near Lake Washington. With its proximity to parks and recreational amenities, this property is an ideal choice for first-time buyers or owner-occupants seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8440 54th Avenue S Subject | $589,950* List Price | 2 | 1 | 900 | $667 | - |
A 8643 Wabash Avenue S Pending | $625,000 List Price | 2 | 1 | 900 | $694 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1951, the property has undergone extensive high-end renovations within the last 1-5 years, including a new roof (2021) and a new HVAC/AC system (2023). Critical systems like plumbing (PEX/Copper) and electrical (Romex) have been fully modernized. The interior features a recently renovated kitchen with quartz countertops, stainless appliances, and modern engineered hardwoods, meeting the criteria for mint condition with no deferred maintenance.
The property features significant infrastructure investments, including a new roof (2021), updated copper/PEX plumbing, Romex wiring, and a 2023 heat pump with air conditioning, ensuring long-term peace of mind.
Situated just steps from Lake Washington and Seward Park, the home offers unparalleled access to outdoor recreation, reinforced by the inclusion of two kayaks and proximity to scenic parks and urban farms.
The home is move-in ready with a renovated kitchen featuring quartz countertops and stainless appliances, complemented by engineered hardwoods and a clean pre-inspection report.
At only 900 square feet with a single bathroom, the home's small footprint may limit its appeal to larger households or those requiring a dedicated home office.
While some nearby schools are highly rated, the assigned high school and certain elementary options have lower performance ratings, which may impact long-term resale value for families.
Quintessential bungalow nestled on a sunny, level lot just a leisurely stroll from magical shores of Lake Washington & beloved parks incl Be'er Sheva, Seward Park, & Pritchard Beach. Two "Easy Transport" kayaks are included—simply walk down to the water, launch, & lose track of time exploring one of Seattle's most treasured settings. Tucked w/in a friendly, peaceful pocket, enjoy evening walks through the historic Pritchard Island community & Seattle Parks Urban Farm. Thoughtfully improved over the past decade, the owner has invested extensively so the next owner can simply enjoy! Renovated kitchen w/quality cabinetry, quartz counters, & stainless appliances. Beautiful, engineered hardwoods, energy-efficient windows, & new doors & hardware add warmth & character. Original galvanized plumbing upgraded to copper & PEX AND original knob-and-tube wiring upgraded to Romex. New roof + sheathing in 2021. New forced-air furnace/heat pump (air conditioning) installed in 2023 for year-round comfort. Fully fenced backyard enjoys sunny exposure & raised planting beds. Alley access provides off-street parking & with many neighboring homes featuring detached garages, future possibilities are worth exploring! Relax on the quaint front porch overlooking colorful gardens that attract songbirds throughout the seasons. Light rail, schools, & everyday conveniences are minutes away. Clean Pre-Inspection w/misc. repairs completed. Nothing left to do but unpack & enjoy summer by the lake!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.9 mi
Grades K-5 • 1.0 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% |
Jun 11, 2026
$589,950
Initial Listing