$1,068,000
Est. $5,384/mo4 bd•1.5 ba•2,320 sq ft
4631 48th Avenue S, Seattle, WA 98118
• Listed 2026-06-25•New today
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Based on information submitted to the MLS GRID as of June 25, 2026 at 05:05am (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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A must-see opportunity! Lovingly maintained by the same owners for 40 years, this refreshed 4-bedroom daylight rambler offers comfort today & exciting potential for tomorrow. Perched on a quiet ridge in Lakewood, a short stroll from Genesee Playfield, with peekaboo views of downtown Seattle & Lake Washington. Inside, you'll find gleaming hardwood floors, a classic slate-tile entry, fresh interior paint throughout, and an updated kitchen featuring quartz countertops & lvt floors. The highly desirable main-level layout has 3 bedrooms & 1.5 baths. Multiple outdoor spaces offer a variety of lifestyles & function. Relax on the living room view deck, perfect for indoor/outdoor living. The private, expansive, fenced-in kitchen patio is framed by mature grapevines and features a stylish gate to the street, an ideal setting for informal gatherings. A partially fenced lawn outside the rec room is perfect for active play and creativity. The detached garage with driveway, and garden beds can be used to suit your needs. And there's more. The spacious lower level features side-by-side recreation and family rooms, a bedroom ensuite (Non-conforming egress), laundry room, and approximately 400 square feet of full-height space. Envision a MIL, home office, hobby space, gym, the possibilities are many. Move in and enjoy now, or bring your vision and create your forever home. Preferred Lender offering 1% 1st year int rate buydown for application in by 6/30. Save up to $650/mo for 1st 12 mos.
Listed by Chris R. Austin • Windermere Real Estate Co.
Listing updated: June 25, 2026 at 05:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2544744
$1,137,000
+$69,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $950K and $1.34M.
Rental earnings
$3,400/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$950,000Last sold price
4815 46th Avenue S., Seattle, WA 98118

$1,033,000Last sold price
4926 49th Avenue S, Seattle, WA 98118
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.
4631 48th Avenue S, Seattle, WA 98118
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.
Neighborhood mobility
$5,805 per month
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Seattle 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 9 days.
$891,000 Sold
3 months ago
2 bd•1 ba•~1,486 sq ft•Single Family
4808 54th Avenue S, Seattle, WA 98118
4%
Under list
—
Days on market
0.4 mi
Distance
$899,900 Sold
3 months ago
3 bd•1 ba•~1,551 sq ft•Single Family
4408 E 50th Avenue S, Seattle, WA 98118
3%
Under list
—
Days on market
0.2 mi
Distance
$300,000 Sold
5 months ago
2 bd•1 ba•~740 sq ft•Single Family
5720 37th Avenue S, Seattle, WA 98118
0%
Over list
—
Days on market
0.9 mi
Distance
$300,000 Sold
5 months ago
•Single Family
5720 37th Avenue S, Seattle, WA 98118
0%
Over list
—
Days on market
0.9 mi
Distance
$3,500 Sold
5 months ago
3 bd•2 ba•Single Family
4028 38th Avenue S, Seattle, WA 98118
0%
Over list
—
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.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
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.