Pending127d on market

10000 48th Avenue NE

Seattle, WA, 98125 • Matthews Beach • King County

$1,699,950

$468/sqft

Down payment assistance available

10Beds

4Baths

3,630Sqft

0.33 acLot

1951Built

Property DNA

8 highlights

Waterfront Property

Direct water access

Scenic Views

Lake · See Remarks

1 Story w/Bsmnt. Style

Built 1951 · 75 years of history

Matthews Beach

Outdoor Living

Second Kitchen · Bath Off Primary · Dining Room · Fireplace · Hot Tub/Spa · Skylight(s) · Vaulted Ceiling(s) · Water Heater · Wine Cellar

2 Fireplaces

Wood Burning · Lower Level: 1 · Main Level: 1 · Fireplace

Special Features

ADU Beds: 3 · ADU Baths: 1

2-Car Garage

Detached Garage · RV Parking

This home is in high demand

Listed 127 days ago · 79 views · 2 saves · Top 2% likely to sell soon

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Market activity

Demand and pricing signals for this listing

79 views

People checking out this listing

2 saves

Buyers have saved this home

127 days on market

Established listing

$468/sqft

Price per square foot

Selling Soon Prediction

Very High

This home ranks in the top 2% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Single Family · Built 1951

Mid-century view home + ADU on double lot just one block from Lake WA. Extremely well-maintained 3,630 sq ft home on private 14,400 sq ft corner lot with detached 2 car garage & lake views from nearly every room. Main floor has 4 beds, 2 updated bathrooms, spacious living room, remodeled kitchen & access to expansive multi-level deck with hot tub. Daylight basement has high ceilings, separate entry, 2nd kitchen, 3 beds, additional bathroom, 2nd W/D, large living room with fireplace & custom wine cellar. Pride of ownership evident throughout & just the 2nd time this property has been on the market since it was built in 1951. Unique opportunity with development potential for as many as 6 lake view homes (buyer to verify). Virtual staging.

Standout features identified

Our analysis highlights remodeled kitchen, separate entry, and custom wine cellar as key attractions of this home.

Estimated monthly payment

Based on current rates

$10,585/month

Principal & Interest$8,319

Property Tax$1,700

Insurance$567

Down payment20% ($339,990)

3%50%

Est. 6.19% rate · 30yr fixed · $1,359,960 loan

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At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1951

HeatingFireplace, Forced Air, Electric, Natural Gas

CoolingNone

Parking2 Garage spaces

Lot0.33 Acres

Days on Zillow127 Days

Price/sqft$468

Property

Home typeSingle Family

Sub-typeSingle Family Residence

Style1 Story w/Bsmnt.

ConditionUpdated/Remodeled

Year built1951

Stories1

Systems

HeatingFireplace, Forced Air, Electric, Natural Gas

CoolingNone

RoofComposition

ConstructionBrick

Water / SewerPublic / Sewer Connected

Parking & Outdoor

ParkingDetached Garage, RV Parking

Garage2 spaces

BasementDaylight

Fireplaces2

Lot0.33 Acres

Location & Tax

NeighborhoodMatthews Beach

ZoningNR2

Annual tax$17,469

Parcel4073200635

Bathrooms & Fees

Full baths2

Features & details

13 categories of property features

Interior Features

Interior

Bath Off Primary

Dining Room

Appliances

Dishwasher(s)

Dryer(s)

Microwave(s)

Refrigerator(s)

Stove(s)/Range(s)

Washer(s)

Water Heater: Gas

Water Heater Location: Basement

Flooring

Ceramic Tile

Hardwood

Carpet

Heating

Fireplace

Forced Air

Electric

Natural Gas

Cooling

None

Fireplace

Wood Burning

Lower Level: 1

Main Level: 1

Fireplace

Windows

Skylight(s)

Exterior Features

Parking

Detached Garage

RV Parking

Construction

Brick

Patio & Porch

Second Kitchen

Bath Off Primary

Dining Room

Fireplace

Hot Tub/Spa

Skylight(s)

Vaulted Ceiling(s)

Water Heater

Wine Cellar

Lot Features

Corner Lot

Paved

Cable TV

Deck

Fenced-Partially

Gas Available

Patio

RV Parking

Views

Lake

See Remarks

Other Structures

ADU Beds: 3

ADU Baths: 1

Room details

10 rooms detailed

Bedroom

Main

Bedroom

Lower

Bedroom

Lower

Bedroom

Lower

Bathroom Full

Lower

Dining Room

Main

Listing insights

Market data and value estimates

StatusPending

Days on market127

Est. value$1,749,700

Est. rent$6,226/mo

Tax rate0.82%

Price/sqft$468

On marketJan 4, 2026

PostedDec 1, 2025

Last sold$621,500

MLS statusPending

MLS updatedJan 9, 2026

Tour days6

Favorites2

How are the schools in Seattle?

3 schools rated nearby

John Rogers Elementary School

Elementary • Public • K-5

0.6 mi

Jane Addams Middle School

Middle • Public • 6-8

1.0 mi

Nathan Hale High School

High • Public • 9-12

0.9 mi

Location

Seattle, WA, 98125

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Price history

3 events

DateEventPrice$/sqftSource

Dec 6, 2025Pending Sale$1,699,950$468NWMLS as distributed by MLS GRID

Dec 1, 2025Listed For Sale$1,699,950$468NWMLS as distributed by MLS GRID

Jun 28, 2006Sold$621,500$171Public Record

Pending Sale$1,699,950

Dec 6, 2025•$468/sqft•NWMLS as distributed by MLS GRID

Listed For Sale$1,699,950

Dec 1, 2025•$468/sqft•NWMLS as distributed by MLS GRID

Sold$621,500

Jun 28, 2006•$171/sqft•Public Record

Tax history

21 years of records

YearTax paidAssessed value

Apr 8, 2024$17,469$1,705,000

Apr 8, 2023$13,500$1,287,000

Apr 8, 2022$13,836$1,490,000

Apr 8, 2021$12,168$1,192,000

Apr 8, 2020$11,169$1,035,000

Apr 8, 2019$11,302$1,070,000

Apr 8, 2018$9,605$1,000,000

Apr 8, 2017$9,897$905,000

Apr 8, 2016$7,440$829,000

Apr 8, 2015$7,440$802,000

Apr 8, 2014$7,440$733,000

Apr 8, 2013$7,440$631,000

Apr 8, 2012—$607,000

Apr 8, 2011—$616,000

Apr 8, 2010—$634,000

Apr 8, 2009—$634,000

Apr 8, 2007—$564,000

Apr 8, 2006—$523,000

Apr 8, 2005—$484,000

Apr 8, 2001$4,787$409,000

Apr 8, 2000$4,301$347,000

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Neighborhood details

Local context around this listing

Seattle, WA • King County

Nearby neighborhoods

AdamsCapitol HillFirst HillFremontGreenwoodMagnoliaMinorRavennaUniversity DistrictWallingford

Nearby cities

AuburnBellevueBothellFederal WayKentKirklandRedmondRenton

Nearby zip codes

98040981039810598109981159811798118981229812598133

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Value estimates

Live

Est. value$1,749,700

Est. rent$6,226/mo

30yr rate est.6.19%

Affordability$9,778/mo

Accepted financing

Conventional

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Based on information submitted to the MLS GRID as of 2026-04-08 00:24:28 PDT. 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. [Click here for more information](/mls-disclaimers/#39)

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