RealtyLens
for saleRealtyLens property overview
$1,175,000

4903 50th Ave S

Seattle, WA, 98118
View more Seattle, WA property pages
3Beds
1.75Baths
1,800Sqft
$653$/sqft

Listing Notes

Nestled above Lake Washington, this beloved Lakewood home offers a rare blend of charm, flexibility, and income potential. The view-oriented main residence is complemented by a beautifully remodeled ADU below-ideal for rental income, guests, or easily reimagined as a spacious single-family home. Thoughtful upgrades include wood-framed windows, a metal roof with solar panels, new plumbing and electrical, and on-demand hot water. Set on an XL corner lot with exceptional potential for a future DADU, the property features a private patio, mature landscaping, and a lush upper garden-your own peaceful retreat. Complete with a detached garage and off-street parking. Enjoy close proximity to Lakewood Park, Aslan Brewing, Both Ways Cafe, and the scenic trails of Lake Washington Boulevard, plus just one block to Caffe Vita and Third Place Books, and a short stroll to Columbia City's light rail and vibrant neighborhood hub.

Market Insights

Above nearby median+31%

$653/sqft vs a nearby median of $497/sqft.

Nearby median$497/sqft
Nearby properties12
Property size1,800 sqft
  • +31% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,800 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$740k$658k$822k · 29% confidence
vs ask $1.18M+$435k (+37.0%)

Asking price is about 37.0% above where comps + adjustments land — there is room to negotiate.

$417/sqft median across 3 tight comps × 1,800 sqft= $751k
  • Sparse street life−$11k −1.5%
Cumulative NYC adjustments−$11k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+31% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
37 photos
Property type
single family
Status
for sale
Last sold
Dec 2, 2024 · $1,016,500

Features & Amenities

Outdoor SpaceCorner LotDen Or OfficeDining RoomDishwasherFireplaceForced AirGame RoomHardwood FloorsLaundry RoomViewWasher DryerSingle StoryGarage 1 Or MoreSolar SystemRental PropertySolar PanelsViews

Photos

Price History

May 8, 2026Initial record
$1,175,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.