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← Back to search results/Fall City, WA/32011 SE 48th Street
1 / 36Pending
Listed by Jose Chapa • Designed Realty.
PENDING

$1,545,000

Est. $8,490/mo

Price reduced $205,000 from the original $1,750,000 asking price

3 bd•1.75 ba•2,237 sq ft

32011 SE 48th Street, Fall City, WA 98024

• Listed Jun 10, 2026

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★★★★★5.0·1,244 Google reviews

Listing Broker: Designed Realty; Jose Chapa; 206-290-8949; Jose.chapa@designwarealty.com

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Listing Broker: Designed Realty; Jose Chapa; 206-290-8949; Jose.chapa@designwarealty.com

About this home

$50,000 PRICE IMPROVEMENT! NOW $1.54 MILLION! BEST VALUE IN FALL CITY! Owner relocating out of state for family reasons. One incredible opportunity. The remodeled home sits on 5.04 private fenced acres with an ESTIMATED VALUE of $1.4 MILLION. 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.

Property type
Single Family
Year built
1974
Interior
2,237 sq ft
Lot size
5.04 acres
Parking
3-car garage
Price / sq ft
$691
HeatingStove/Free Standing
CoolingCentral Air, Forced Air
Property taxes$13,888/yr (est.)
School districtSnoqualmie Valley

Listed by Jose Chapa • Designed Realty

Listing updated: October 13, 2026 at 06:27am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2532364

Around this home

RexMont OfferEdge™

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32011 SE 48th Street, Fall City, WA 98024

List price
$1,545,000
Down payment
$309,000

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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

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 3 bedrooms total
  • 3 upstairs

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 1 1/2 Story
  • 2,237 sq ft finished
  • 860 sq ft garage

Flooring

  • Laminate
  • See Remarks
  • Vinyl Plank

Heating & cooling

  • Stove/Free Standing heating
  • Central Air cooling
  • Forced Air cooling

Schools

Ratings via SchoolDigger

Snoqualmie 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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Equestrian,Sloped
Vegetation
Garden Space, Pasture, Wooded
Zoning code
RA10
Zoning jurisdiction
City

Systems

Energy source
Electric,Natural Gas,Pellet,Wood
Power production
Electric, Natural Gas, Pellet, Wood
Water heater location
Closet hallway
Power company
Puget Sound Energy
Water company
Fall City Water District
Sewer company
Septic
Gas company
PSE
Garbage service
Republic
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
2
Excluded items
No

New construction

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

Manufactured home

Land lease
No

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

Opens with the report above.

Sales & Tax Records for 32011 SE 48th Street

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. Oct 13, 2026
    Price reduced
    NWMLS via MLS Grid · #2532364
    $1,545,000
    $691/sq ft
  2. Sep 21, 2026
    Pending
    NWMLS via MLS Grid · #2532364
    $1,545,000
    $691/sq ft
  3. Jun 10, 2026
    Listed
    NWMLS via MLS Grid · #2532364
    $1,750,000
    $782/sq ft
  4. Oct 3, 1996
    Recorded sale
    King County recorder
    $1,500
    $1/sq ft
  5. Nov 19, 1992
    Recorded sale
    King County recorder · Warranty deed
    $260,000
    $116/sq ft

Mortgage payment forecast

$10,033 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: Designed Realty; Jose Chapa; 206-290-8949; Jose.chapa@designwarealty.com

Market pulse

Fall City is a balanced market.

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

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 1% below list price.

  • Time on market: The average home goes pending in around 101 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,230,000 Sold

    1 week ago

    3 bd•2.25 ba•~2,390 sq ft•Single Family

    4604 332nd Avenue SE, Fall City, WA 98024

    0%

    Over list

    37

    Days on market

    1.0 mi

    Distance

  • $750,000 Sold

    3 weeks ago

    •Single Family

    32509 SE 44th st, Fall City, WA 98024

    0%

    Over list

    —

    Days on market

    0.7 mi

    Distance

  • $925,000 Sold

    3 weeks ago

    3 bd•1.75 ba•~1,630 sq ft•Single Family

    4450 328th Place SE, Fall City, WA 98024

    3%

    Under list

    89

    Days on market

    0.8 mi

    Distance

  • $1,760,000 Sold

    4 weeks ago

    3 bd•3.25 ba•~3,182 sq ft•Single Family

    32440 SE 54th Street, Fall City, WA 98024

    5%

    Under list

    62

    Days on market

    0.5 mi

    Distance

  • $1,460,000 Sold

    4 weeks ago

    4 bd•3.75 ba•~3,900 sq ft•Single Family

    5508 329th Avenue SE, Fall City, WA 98024

    3%

    Under list

    69

    Days on market

    0.7 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 25, 2026 at 7:19 AM 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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