$1,545,000
Est. $7,935/mo3 bd•1.75 ba•2,237 sq ft
32011 Se 48th Street, Fall City, WA 98024
• Listed 2026-06-10•7 days on market
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Based on information submitted to the MLS GRID as of August 13, 2026 at 01:22pm (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.
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$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.
Listed by Jose Chapa • Designed Realty
Listing updated: August 13, 2026 at 01:22pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2532364
Open houses
8 datesNearby open houses (3)
See more →$1,515,000
-$30,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.11M and $1.65M.
Rental earnings
$4,550/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,650,000Last sold price
5112 Preston Fall City Rd Se, Fall City, WA 98024

$1,150,000Last sold price
4537 329th Place Se, Fall City, WA 98024
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
32011 Se 48th Street, Fall City, WA 98024
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.
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Open Sat, Aug 22Snoqualmie Valley 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.
Fall City is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 8 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026