32011 SE 48th Street Fall City, WA 98024
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Designed Realty / Century 21 North Homes Realty

  32011 SE 48th Street Fall City, WA 98024

Pending (103 Days)
$1,545,000 (USD)
3
BED
2
BATH
2,237
SQFT

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.

MLS #:
2532364
Taxes
$13,888(2026)
Lot Size
5.04 acres
Type
Single-Family Home
Year Built
1974
Style
1 1/2 Story
Views
Territorial
School District
Snoqualmie Valley
County
King County
Community
Fall City

Listed By

Jose Chapa, Designed Realty
Greg "Greg Gai" Gai, Century 21 North Homes Realty
Source
Northwest MLS as distributed by MLS Grid
Last checked Sep 24 2026 at 5:21 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
  • 3/4 Bathroom: 1
Interior Features
  • Dishwasher
  • Microwave
  • Refrigerator
  • Dryer
  • Washer
  • Stove(s)/Range(s)
Subdivision
  • Fall City
Lot Information
  • Paved
  • Secluded
  • Open Space
Property Features
  • Deck
  • Fenced-Fully
  • Gated Entry
  • Rv Parking
  • Outbuildings
  • High Speed Internet
  • Fenced-Partially
  • Fireplace: 0
  • Foundation: Poured Concrete
  • Foundation: Slab
  • Foundation: See Remarks
Heating and Cooling
  • Stove/Free Standing
Flooring
  • Laminate
  • Vinyl Plank
  • See Remarks
Exterior Features
  • Stone
  • Wood
  • Wood Products
  • See Remarks
  • Roof: Composition
Utility Information
  • Sewer: Septic Tank
  • Fuel: Electric, Pellet, Wood, Natural Gas
School Information
  • Elementary School: Fall City Elem
  • Middle School: Chief Kanim Mid
  • High School: Mount Si High
Parking
  • Rv Parking
  • Driveway
  • Off Street
  • Attached Garage
Stories
  • 1
Living Area
  • 2,237 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 10, 2026
Price Changed
$1,545,000
-3%
-$50,000
Jul 20, 2026
Price Changed
$1,595,000
-9%
-$155,000
Jun 10, 2026
Listed
$1,750,000
-
-
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

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Interest rate
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Disclaimer: IDX information is provided exclusively for consumers' personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS, if any, and as amended from time to time.
Based on information submitted to the MLS GRID as of 9/24/2026 05:21. 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.