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$1,545,000

Reduced $205,000 — was $1,750,000

32011 48th Street

Fall City, WA 98024

Active
Territorial view

Beds

3

Baths

2

Sq Ft

2,237

Lot

5.04 ac

Year built

1974

Type

Residential

Days listed

87

MLS #

2532364

About this home

$50,000 PRICE IMPROVEMENT! NOW $1.54 MILLION! BEST VALUE IN FALL CITY! Owner relocating out of state for family reasons. Two separate legal parcels. Nearly 10 acres. One incredible opportunity. The remodeled home sits on 5.04 private fenced acres with an ESTIMATED VALUE of $1.3–$1.4 MILLION. Included is a separate 4.57-acre buildable parcel with an ESTIMATED VALUE of $450,000–$500,000. Combined, you're purchasing approximately $1.75–$1.90 MILLION in real estate VALUE for only $1.55 MILLION. The second parcel is subdivided with a large cleared building site and custom architect plans—ideal for a second custom home, multigenerational living, or future investment. Beyond the private gates, a 1,000-foot driveway winds through towering evergreens to a secluded Northwest retreat. Originally a small horse barn, the home has been expanded into a 2,237-square-foot residence with 3 bedrooms, 1.75 baths, open-concept living, LVP flooring, abundant natural light, and a custom kitchen with premium appliances and walk-in pantry. The attached three-car garage has its own 200-amp electrical service, while the home has a separate 200-amp panel—ideal for contractors, mechanics, hobbyists, or heavy equipment. The garage offers potential conversion to additional finished living space, adding usable square footage and future value (buyer to verify). Relax in the outdoor gathering area overlooking the peaceful grounds and iconic Fall City totem pole. Two legal parcels. Nearly 10 private acres.

Exterior features

See RemarksStoneWoodWood Products

Appliances

DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Fall City Elem

Middle

Chief Kanim Mid

High

Mount Si High

Property details

Heating
Stove/Free Standing
Cooling
Central Air, Forced Air
Flooring
Laminate, See Remarks, Vinyl Plank
Parking
Driveway, Attached Garage, Off Street, RV Parking
View
Territorial
Lot
Open Space, Paved, Secluded
Water source
Private, Public, See Remarks
Sewer
Septic Tank
Levels
One and One Half

Costs

Price / sq ft
$691
Annual taxes
$13,888 (2026)

Estimate your monthly payment

$8,970/mo

Principal & interest
$7,812
Property taxes
$1,157
Loan amount $1,236,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Fall City, WA 98024

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Designed Realty— Jose Chapa.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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