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MLS: #NWM2532364, Listed By: Jose Chapa, Designed Realty, Source:NWMLS - Northwest Multiple Listing Service

32011 SE 48th Street

Fall City, WA 98024
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Bed 3

Bed

Bath 2

Bath

SqFt2,237

Sqft

Acres5.04

Acres(Lot)

SIGNIFICANT PRICE IMPROVEMENT! BEST VALUE IN FALL CITY! 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 $1.6 MILLION. The second parcel is subdivided, features a large cleared building site, and includes 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 also 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,595,000

AD Id : 82386964

MLS Id : NWM2532364

Beds : 3

Lot Size : 5.04 Acres

Living Area Size : 2,237

Year Built : 1974

County : King

Subdivision: Boca Ciega Pass

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 1

    Interior Features

    Roof: Composition Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer

    Roofing Information

    Composition
  • Flooring Information

    Flooring: Laminate, See Remarks, Vinyl Plank Construction Materials: See Remarks, Stone, Wood
  • Heating & Cooling

    Heating: Stove/Free Standing Has Heating: Yes Cooling: Central Air, Forced Air Has Cooling: Yes WaterSource: Private, Public, See Remarks

  • Building Information

    Year Built: 1974
  • Exterior Features

    See Remarks, Stone, Wood, Wood Products Construction Materials: See Remarks, Stone, Wood Foundation Details: Poured Concrete, See Remarks, Slab

  • Lot Information

    Lot Description: Open Space, Paved, Secluded Lot Square Feet: 219542 Lot Acres: 5.04

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Structure Type: House

  • Listing Price Information

    Original List Price:$1750000

  • Tax Information

    Annual Tax: $13888 Tax Year: 2026 Parcel Number: 2124079044

  • Parking Information

    Total Parking: 8 Driveway, Attached Garage, Off Street, RV Parking

    Garage Information

    Has Garage: Yes

  • School Information

    Elementary School: Fall City Elem Junior High School: Chief Kanim Mid Senior High School: Mount Si High
  • Utility Information

    Sewer: Septic Tank Water Source: Private, Public, See Remarks
  • Location Information

    Subdivision: Fall City City: Fall City Direction: I-90 E to Exit 22 (Preston/Fall City). Left on SE 82nd St, right on Preston-Fall City Rd, left on 328th Way SE, left on SE 48th St. First home on left with gated entrance.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2905 357th Avenue, Fall City, WA, 98024 $1,575,000 5 5 3,500 3,500 SqFt
4634 365th Avenue, Fall City, WA, 98024 $839,000 3 2 1,770 1,770 SqFt
35904 SE 46th Street, Fall City, WA, 98024 $667,000 4 3 2,200 2,200 SqFt
35525 SE 49th Street, Fall City, WA, 98024 $3,495,000 5 6 9,140 9,140 SqFt
33620 SE 43rd Street, Fall City, WA, 98024 $699,000 2 1 960 960 SqFt
33331 SE 42nd Street, Fall City, WA, 98024 $1,125,000 3 2 1,960 1,960 SqFt
33313 SE 42nd Street, Fall City, WA, 98024 $599,950 2 1 1,200 1,200 SqFt
4232 332nd Avenue, Fall City, WA, 98024 $1,075,000 3 3 2,650 2,650 SqFt
32909 SE 41st Street, Fall City, WA, 98024 $1,498,000 3 3 2,690 2,690 SqFt
33807 SE 55th Street, Fall City, WA, 98024 $975,000 3 3 1,780 1,780 SqFt
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ByOwner last updated this listing 08/08/2026 @ 06:20

MLS: NWMLS #2532364 LISTED BY: Jose Chapa, Designed Realty 425-361-7164 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

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