
Seattle, WA 98118
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $699,950—positioned above the $653,218 Fair Market Value by 7%. While priced slightly above market, the property offers significant Development Potential via its 7,200 sqft lot and detached garage, suitable for a DADU conversion. With a Condition Rating of 3, the home features a private backyard oasis with a hot tub and sauna. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property with long-term appreciation upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9712 57th Avenue S Subject 3 bd · 2 ba · 1,400 sqft · $460 | $689,950* List Price | 3 | 2 | 1,400 | $460 | - |
A 9732 59th Avenue S Sold 2 bd · 1 ba · 1,370 sqft · $436 · 0.1 mi | $597,000 | 2 | 1 | 1,370 | $436 | 0.1 mi |
B 9842 60th Avenue S Sold 3 bd · 1 ba · 1,080 sqft · $537 · 0.3 mi | $580,000 | 3 | 1 | 1,080 | $537 | 0.3 mi |
C 9744 49th Avenue S Active 3 bd · 2 ba · 1,520 sqft · $480 · 0.5 mi | $730,000 List Price | 3 | 2 | 1,520 | $480 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1937, the home has received extensive recent updates including a fully remodeled main bathroom with modern slab tiling, newer roof, hot water tank, and basement waterproofing. The living areas feature updated bamboo flooring and modern fixtures, presenting a well-maintained, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1400.
The property features a luxurious backyard retreat complete with a hot tub, sauna, outdoor shower, and an oversized covered patio, offering a rare level of privacy and year-round utility.
Situated on a level 7,200 sqft lot with wide alley access and a detached powered garage, the site is ideally positioned for a DADU conversion or future development.
The assigned elementary and high schools currently hold low ratings (2/5), which may be a concern for families prioritizing public school performance.
Built in 1937, the home's 1,400 sqft footprint includes a traditional galley kitchen and split-level bedroom arrangement that may feel restrictive compared to modern open-concept designs.
Welcome to this in-city retreat in sought-after Upper Rainier Beach! Walk past the raised garden beds to the covered entryway. Inside a bright and sunny living room with bamboo floors. Long galley kitchen with spacious countertops, so much prep and storage space. Main level with bedroom w/ deep closet and spacious 3/4 bathroom. Lower level has 2 bedrooms, one with half bath and exterior access to the backyard. Step into the backyard oasis and relax in the hot tub, sauna and outdoor shower. Mature bamboo hedge and plantings give a lush and private feeling. XL covered patio for year round additional living and eating space. Rainwater collection system, approx 500 gallon tank. Detached two car garage with power could also serve as a workshop or possibly transform into studio DADU. Additional parking pad in alley. Wide alley access, level lot and no significant trees improves development potential. Recent updates for peace of mind include newer roof, hot water tank, basement waterproofing, main floor bathroom remodel, backyard deck, sauna, hot tub and entryway upgrades. Historic RB business district with heavy hitters: Jude's, Rosette, Redwing Cafe, Drae's, Umami Kushi and more. Around the corner from soon-to-be upgraded Hutchinson Playground. Less than 2 blocks away from tranquil Kubota Garden. A few blocks to Lake WA access at Be'er Sheva Park and Atlantic City Boat Launch. Easy bus and freeway access. This home and neighborhood has so much to offer!
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades PK-5 • 0.9 mi
Grades PK-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,400 | 1,801.924 |
| Lot Size | 7,200 | 4,494.536 |
| Price | $690.0K | $974.4K |
| Price per sq ft | $493 | $569 |
| Built year | 1937 | 1948 |
| HOA | $0 | $78 |
| Days on market | 30 | 35 |
Oct 15, 2026
$689,950
$699,950
-1% Price Drop
Initial Listing
Sep 24, 2026
$699,950
Initial Listing