32011 SE 48th Street, Fall City, WA 98024

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32011 SE 48th Street, Fall City, WA 98024

$1,545,000 (Active)

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Listed by: Jose Chapa - Designed Realty

$$1,545,000

Active

est.$1,545,000/month.

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3 beds. 1 baths. 219,542 Sqft.

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Mortgage Broker

John Juge
Highlands Residential Mortgage
jjuge@highlandsmortgage.com
(425) 275-1640
NMLS# 114272

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32011 SE 48th Street, Fall City, WA 98024

$1,545,000

Active

est.$1,545,000/month.

Start My Approval

3 beds 1.75 baths 219,542 Sq.ft.

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Property details for 32011 SE 48th Street, Fall City, WA 98024

$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.

Broker details: Designed Realty

Listed by: Jose Chapa
Co-listing Broker: CENTURY 21 North Homes Realty
Co-listing Agent: Greg Gai

Property Description

MLS Information

Listing: 2532364
Listing Last Modified: 2026-08-13

Property Details

Standard Status: Active
MLS Status: Active
Built in: 1974
Subdivision: Fall City

Geographic Data

County: King
MLS Area: Fall City
Directions: 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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