Set amid the peaceful natural beauty of Lake Marcel, this 2024 custom-built home by Terhune Homes offers something increasingly rare: luxury new construction with privacy, breathing room, & private community lake amenities that elevate the lifestyle. Enjoy access to the private Lake Marcel community lake, boat launch, & park reserved exclusively for members & guests — a standout feature for buyers who dream of kayaking, paddleboarding, & spending more time on the water close to home. Surrounded by serene woodland views and set on a large homesite, this home stands apart from newer construction in denser neighborhoods by offering a more peaceful, nature-connected setting without the cookie-cutter feel. The site is especially appealing for buyers who want space & privacy without the upkeep of a large traditional yard — a natural, wooded backdrop that creates a sense of retreat, protects privacy & offers room for kids to roam & play. Soaring ceilings fill the home w/ light and frame the tranquil setting beyond. The gourmet kitchen features an oversized island, walk-in pantry, slab counters, and SS appliances, while the thoughtful floor plan offers 3 bedrooms on 1 level, a main-floor office or optional 4th bedroom, & generous lower-level flex spaces. A bath on every level, high-end finishes, A/C, generator wiring, & a large 2-car garage add comfort & practicality, while the deck & patio invite enjoyment of the peaceful surroundings. Seller open to explore seller financing.
Sold
Listed by: The Agency Seattle • Sandra Hines
Bought with: Redfin
$1,150,000
31226 NE 114th Street, Carnation, WA 98014
4beds
2,870sqft
Single Family Residence
Built in 2024
0.45 Acres Lot
$1,180,200 Zestimate®
$401/sqft
$5,387 Estimated rent
Home value
$1,180,200
$1.12M - $1.24M
$5,387/mo
Zestimate® history
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List your homeWhat's special
Large homesiteGourmet kitchenBoat launchOversized islandNatural wooded backdropSerene woodland viewsGenerous lower-level flex spaces
Zillow last checked:
Listing updated:
Listed by:
Sandra Hines,
The Agency Seattle
Bought with:
Garla Allen, 110236
Redfin
Source: NWMLS as distributed by MLS GRID,MLS#: 2497301
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bathroom full
- Level: Second
Bathroom full
- Level: Second
Other
- Level: Lower
Other
- Level: Main
Bonus room
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Main
Heating
- Fireplace, Ductless, Forced Air, Electric, Natural Gas
Cooling
- Ductless
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Tankless, Water Heater Location: Basement
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room, High Tech Cabling, Pantry
- Flooring: Ceramic Tile, Vinyl Plank, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,870
- Total interior livable area: 2,870 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.45 Acres
- Dimensions: .45 ACRE
- Features: Paved, Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Topography: Level,Partial Slope
- Residential vegetation: Wooded
Details
- Parcel number: 4046710560
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Cement Planked, Stone, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2024
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Water District 119
- Utilities for property: Xfinity/Comcast/Astound, Astound
Community & HOA
Community
- Features: Boat Launch, CCRs, Park, Playground
- Subdivision: Lake Marcel
HOA
- HOA fee: $349 annually
- HOA phone: 425-788-2525
Location
- Region: Carnation
Financial & listing details
- Price per square foot: $401/sqft
- Tax assessed value: $1,103,000
- Annual tax amount: $10,001
- Date on market: 4/26/2026
- Cumulative days on market: 78 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Sold | $1,150,000-4.2%$401/sqft |
Source:  NWMLS as distributed by MLS GRID #2497301 Report a problem | ||
| 6/12/2026 | Pending sale | $1,200,000$418/sqft |
Source: NWMLS as distributed by MLS GRID #2497301 Report a problem | ||
| 3/27/2026 | Listed for sale | $1,200,000+651.4%$418/sqft |
Source: NWMLS as distributed by MLS GRID #2497301 Report a problem | ||
| 10/31/2017 | Sold | $159,692+145.7%$56/sqft |
Source: Public Record Report a problem | ||
| 12/21/2007 | Sold | $65,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,651 +16.5% | $1,103,000 +12.9% |
| 2024 | $10,001 +48.2% | $977,000 +64.8% |
| 2023 | $6,748 +244.8% | $593,000 +163.6% |
| 2022 | $1,957 -7.4% | $225,000 +12.5% |
| 2021 | $2,113 +6.9% | $200,000 +18.3% |
| 2020 | $1,977 -0.1% | $169,000 +0.6% |
| 2019 | $1,980 +9.1% | $168,000 +10.5% |
| 2018 | $1,815 -3.7% | $152,000 +4.8% |
| 2017 | $1,884 +47.8% | $145,000 +12.4% |
| 2016 | $1,275 | $129,000 +41.8% |
| 2015 | $1,275 | $91,000 -2.2% |
| 2014 | $1,275 | $93,000 +24% |
| 2013 | $1,275 | $75,000 +7.1% |
| 2012 | -- | $70,000 -13.6% |
| 2011 | -- | $81,000 -10% |
| 2010 | -- | $90,000 |
| 2009 | -- | $90,000 -2.2% |
| 2007 | -- | $92,000 +2.2% |
| 2006 | -- | $90,000 |
| 2005 | -- | $90,000 +60.7% |
| 2001 | $745 +5.4% | $56,000 +9.8% |
| 2000 | $707 | $51,000 |
Find assessor info on the county website
Neighborhood: 98014
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Nearby schools
GreatSchools rating
- 9/10Stillwater Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Tolt Middle SchoolGrades: 6-8Distance: 3.9 mi
- 10/10Cedarcrest High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Stillwater Elem
- Middle: Tolt Mid
- High: Cedarcrest High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,180,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,180,200
- Washington
- King County
- Carnation
- 98014
- 31226 NE 114th Street
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