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4903 50th Ave S
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
$653/sqft vs a nearby median of $497/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
Asking price is about 37.0% above where comps + adjustments land — there is room to negotiate.
- Sparse street life−$11k −1.5%
Property Read
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 history is still limited; review again as more market activity becomes available.
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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