
Seattle, WA 98118
This mid-century residence represents a Strong Value Opportunity, listed at $745,000—positioned well below the $810,556 Fair Market Value by 8%. This valuation gap provides $65,556 in Instant Equity. Featuring an Excellent Condition Rating with recent electrical and structural updates, the home offers sweeping Lake Washington views and a versatile lower level with a separate entrance. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential asset with DADU development capacity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9275 Renton Avenue S Subject | $745,000* List Price | 4 | 2 | 1,940 | $414 | - |
A 3924 S Pilgrim St Sold | $660,000 | 2 | 2 | 1,540 | $429 | 0.6 mi |
B 8613 42nd Avenue S Sold | $650,000 | 3 | 2 | 1,440 | $451 | 0.6 mi |
C 9642 Beacon Avenue S Pending | $875,000 List Price | 4 | 3 | 2,310 | $379 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1951, the property has undergone extensive recent renovations including a new roof, gutters, and updated electrical systems. The interior features a remodeled kitchen, a newly added bathroom, fresh paint, and new carpeting, placing it in the excellent category due to comprehensive updates within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8778, living area = 1940.
The property is situated on a spacious corner lot featuring sweeping views of Lake Washington and the mountains, providing a high-value aesthetic that is rare at this price point.
Significant recent improvements, including a new roof, gutters, electrical system, and interior finishes, offer buyers peace of mind and reduced immediate maintenance expenses.
Several assigned schools, including Rainier Beach High and Emerson Elementary, carry low ratings (2/10), which may deter families and impact future resale value.
While many systems are updated, the 1951 construction may still feature original plumbing or architectural limitations common to mid-century homes that were not addressed in the recent remodel.
Perched on a spacious corner lot with sweeping views of Lake Washington, this beautifully remodeled mid-century home blends timeless style with modern updates. The main level features three bedrooms, gleaming hardwood floors, an updated kitchen and light-filled living spaces thoughtfully designed to capture the stunning lake views. Cozy wood-burning fireplaces on both levels add warmth and character throughout. The lower level offers exceptional flexibility with a spacious recreation room, new carpet, a newly added 3/4 bath, a fourth bedroom, abundant storage, and a separate exterior entrance—ideal for guests, multigenerational living, a home office or potential rental income. Outside, enjoy a private backyard with a patio perfect for relaxing or entertaining, plus driveway parking for up to four vehicles and offers potential for a DADU. Extensive improvements, including a new roof, gutters, electrical, interior paint, carpet and lighting, provide peace of mind for years to come. Conveniently located near light rail, parks, Lake Washington beaches, marinas, neighborhood restaurants and cafés, with an easy commute to downtown Seattle and Sea-Tac International Airport.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,940 | 1,803.474 |
| Lot Size | 8,778 | 4,544.116 |
| Price | $745.0K | $978.6K |
| Price per sq ft | $384 | $570 |
| Built year | 1951 | 1949 |
| HOA | $0 | $68 |
| Days on market | 41 | 36 |
Jul 30, 2026
$745,000
Initial Listing