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Listed by George Graham • John L. Scott, Inc.
FOR SALE

$1,750,000

Est. $9,174/mo

Price reduced $500,000 from the original $2,250,000 asking price

18 bd•11.5 ba•6,793 sq ft

4051 Gilman Avenue W, Seattle, WA 98199

• Listed Jun 10, 2025•484 days active · 484 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: John L. Scott, Inc; George Graham; 206-949-3793; pending@nw-realestateteam.com

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Listing Broker: John L. Scott, Inc; George Graham; 206-949-3793; pending@nw-realestateteam.com

About this home

Portfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained and professionally managed Gilmanor Building, a premier Magnolia Community. Unique investment and perfect 1031 exch opportunity offers investors strong cash flow, stable rents in high appreciation zip code. Each unit is thoughtfully designed for comfort+ efficiency, ranging in size from 786-1081 sf. Units feature gas fireplaces, private balconies and newly renovated interiors. Building amenities include on-site laundry, intercom entry system, elevator, assigned parking spots + additional storage. Convenient location offers easy access to major employers, close proximity to Magnolia Village and Discovery Park. Walk Score of 77 and Bike Score of 62

Property type
Condo
Year built
1968
Interior
6,793 sq ft
Lot size
Not listed
Parking
Uncovered
Price / sq ft
$258
HeatingBaseboard
CoolingNone
Property taxes$18,422/yr (est.)
School districtSeattle

Listed by George Graham • John L. Scott, Inc

Listing updated: September 17, 2026 at 11:36am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2390167

Around this home

RexMont OfferEdge™

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4051 Gilman Avenue W, Seattle, WA 98199

List price
$1,750,000
Down payment
$350,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Fireplace
  • 7 fireplaces (gas)

Kitchen

  • Dishwasher
  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 18 bedrooms total
  • 18 on the main level

Bathrooms

  • 11 full bathrooms
  • 1 half bathroom
  • 11.5 bathrooms total (NWMLS count)
  • 12 on the main level

Layout

  • Condo (1 Level)

Flooring

  • Vinyl
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Schools

Ratings via SchoolDigger

Seattle School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Gilmanor
Floor of unit
1,234
Units in building
23
Stories in building
4
FHA-approved project
No
Common interest community
No
Dues include
See Remarks

Rules

Pets
See Remarks
55+ community
No

Unit

Assigned parking
7
Unit features
Balcony/Deck/Patio
Common property features
Elevator,Laundry Room,Lobby Entrance
Access stairs
1

Systems

Energy source
Electric
Power production
Electric
Power company
Seattle City Light
Water company
Seattle PU
Sewer company
Seattle PU
Irrigation water rights
No

Rooms & extras

Fireplaces on main
7

New construction

Square footage source
County
Lot size source
County
Effective year built source
Public Records

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 4051 Gilman Avenue W

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 17, 2026
    Price reduced
    NWMLS via MLS Grid · #2390167
    $1,750,000
    $258/sq ft
  2. Jun 10, 2025
    Listed
    NWMLS via MLS Grid · #2390167
    $2,250,000
    $331/sq ft

Mortgage payment forecast

$11,147 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: John L. Scott, Inc; George Graham; 206-949-3793; pending@nw-realestateteam.com

Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 54 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $475,000 Sold

    1 week ago

    2 bd•1.5 ba•Condo

    3423 W Government Way #4, Seattle, WA 98199

    0%

    Over list

    48

    Days on market

    0.7 mi

    Distance

  • $405,000 Sold

    2 weeks ago

    2 bd•1.75 ba•Condo

    3424 25th Avenue W #201, Seattle, WA 98199

    1%

    Over list

    169

    Days on market

    0.4 mi

    Distance

  • $230,000 Sold

    2 weeks ago

    1 bd•1 ba•Condo

    3045 20th Avenue W #403, Seattle, WA 98199

    8%

    Under list

    194

    Days on market

    0.7 mi

    Distance

  • $300,000 Sold

    4 weeks ago

    1 bd•1.5 ba•Condo

    3400 25th Avenue W #201, Seattle, WA 98199

    8%

    Under list

    62

    Days on market

    0.4 mi

    Distance

  • $485,000 Sold

    6 weeks ago

    2 bd•1.75 ba•Condo

    3150 W Government Way #105, Seattle, WA 98199

    3%

    Under list

    49

    Days on market

    0.6 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 21, 2026 at 3:04 PM PT (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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