32011 SE 48th Street, Fall City, WA 98024

$1,545,000
3
BD
2
BA
2,237
SqFt

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Listing courtesy of Designed Realty.

List Price
$1,545,000
Status
ACTIVE
MLS#
2532364
Price Change
▼ $50,000 1786446937
Days on Market
91
Bedrooms
3
Finished SqFt
2,237
Area Total SqFt
2237
Annual Tax Ammount
13888
Lot Size (sq ft)
219,542
Sewer
Septic Tank

Property Description

$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.

Additional Information

Community
Fall City
Style
11 - 1 1/2 Story
Basement
None
Year Built
1974
Total Covered Parking
3
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Fully, Fenced-Partially, Gated Entry, High Speed Internet, Outbuildings, RV Parking
Tax Year
2026
School District
Snoqualmie Valley
Elementary School
Fall City Elem
Middle School
Chief Kanim Mid
High School
Mount Si High
Potential Terms
Cash, Conventional
Flooring
Laminate, See Remarks, Vinyl Plank
Driving Directions
I-90 E to Exit 22 (Preston/Fall City). Left on SE 82nd St, right on Preston-Fall City Rd, left on 328th Way SE, left on SE 48th St. First home on left with gated entrance.
Appliance
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Closet hallway
Energy Source
Electric, Natural Gas, Pellet, Wood
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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