32011 SE 48th Street Fall City, WA 98024
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Designed Realty / Century 21 North Homes Realty

  32011 SE 48th Street Fall City, WA 98024

Active (58 Days)
$1,595,000 (USD)
3
BED
2
BATH
2,237
SQFT
OPEN HOUSE TIMES
  • OPEN
    Sat, Aug 8
    12 noon - 5:00 pm

Description

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.

MLS #:
2532364
Taxes
$13,888(2026)
Lot Size
5.04 acres
Type
Single-Family Home
Year Built
1974
Style
1 1/2 Story
Views
Territorial
School District
Snoqualmie Valley
County
King County
Community
Fall City

Listed By

Jose Chapa, Designed Realty
Greg "Greg Gai" Gai, Century 21 North Homes Realty
Source
Northwest MLS
Last checked Aug 8 2026 at 10:05 PM GMT+0000
Bathroom Details
  • Full Bathroom: 1
  • 3/4 Bathroom: 1
Interior Features
  • Dishwasher
  • Microwave
  • Refrigerator
  • Dryer
  • Washer
  • Stove(s)/Range(s)
Subdivision
  • Fall City
Lot Information
  • Paved
  • Secluded
  • Open Space
Property Features
  • Deck
  • Fenced-Fully
  • Gated Entry
  • Rv Parking
  • Outbuildings
  • High Speed Internet
  • Fenced-Partially
  • Fireplace: 0
  • Foundation: Poured Concrete
  • Foundation: Slab
  • Foundation: See Remarks
Heating and Cooling
  • Stove/Free Standing
Flooring
  • Laminate
  • Vinyl Plank
  • See Remarks
Exterior Features
  • Stone
  • Wood
  • Wood Products
  • See Remarks
  • Roof: Composition
Utility Information
  • Sewer: Septic Tank
  • Fuel: Electric, Pellet, Wood, Natural Gas
School Information
  • Elementary School: Fall City Elem
  • Middle School: Chief Kanim Mid
  • High School: Mount Si High
Parking
  • Rv Parking
  • Driveway
  • Off Street
  • Attached Garage
Stories
  • 1
Living Area
  • 2,237 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 20, 2026
Price Changed
$1,595,000
-9%
-$155,000
Jun 10, 2026
Listed
$1,750,000
-
-
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 North Homes Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 8/8/2026 22:05. 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.