32011 SE 48th Street, Fall City, WA 98024
What's special
$50,000 PRICE IMPROVEMENT! NOW $1.54 MILLION! BEST VALUE IN FALL CITY! Owner relocating out of state for family reasons. One incredible opportunity. The remodeled home sits on 5.04 private fenced acres with an ESTIMATED VALUE of $1.4 MILLION. 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.
- --
- on Zillow
- 119
- views
- 3
- saves
Travel times
Family Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Jose Chapa 206-290-8949 Jose.chapa@designwarealty.com,
Designed Realty,
Greg Gai 425-298-3425,
CENTURY 21 North Homes Realty
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Stove/Free Standing, Electric, Natural Gas, Pellet, Wood
Cooling
- Forced Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater Location: Closet hallway
Features
- Flooring: Laminate, See Remarks, Vinyl Plank
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,237
- Total interior livable area: 2,237 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Driveway, Attached Garage, Off Street, RV Parking
- Has attached garage: Yes
- Covered spaces: 3
- Uncovered spaces: 5
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Has view: Yes
- View description: Territorial
Lot
- Size: 5.04 Acres
- Features: Open Lot, Paved, Secluded, Deck, Fenced-Fully, Fenced-Partially, Gated Entry, High Speed Internet, Outbuildings, RV Parking
- Topography: Equestrian,Sloped
- Residential vegetation: Garden Space, Pasture, Wooded
Details
- Parcel number: 2124079044
- Zoning: RA10
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- See Remarks, Stone, Wood Siding, Wood Products
- Foundation: Poured Concrete, See Remarks, Slab
- Roof: Composition
Condition
- Year built: 1974
- Major remodel year: 2007
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: Septic
- Water: Private, Public, See Remarks, Company: Fall City Water District
Community & HOA
Community
- Features: Gated, Park, Trail(s)
- Subdivision: Fall City
HOA
- HOA phone: 206-290-8949
Location
- Region: Fall City
Financial & listing details
- Price per square foot: $691/sqft
- Tax assessed value: $1,299,000
- Annual tax amount: $13,888
- Date on market: 6/10/2026
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Pending sale | $100,000$45/sqft |
Source:  NWMLS as distributed by MLS GRID #2587538 Report a problem | ||
| 9/26/2026 | Price change | $100,000-93.5%$45/sqft |
Source: NWMLS as distributed by MLS GRID #2587538 Report a problem | ||
| 9/22/2026 | Pending sale | $1,545,000$691/sqft |
Source: NWMLS as distributed by MLS GRID #2532364 Report a problem | ||
| 8/11/2026 | Price change | $1,545,000-3.1%$691/sqft |
Source: NWMLS as distributed by MLS GRID #2532364 Report a problem | ||
| 7/20/2026 | Price change | $1,595,000-8.9%$713/sqft |
Source: NWMLS as distributed by MLS GRID #2532364 Report a problem | ||
| 6/10/2026 | Listed for sale | $1,750,000+116566.7%$782/sqft |
Source: NWMLS as distributed by MLS GRID #2532364 Report a problem | ||
| 10/3/1996 | Sold | $1,500$1/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,888 +2.4% | $1,299,000 +4.3% |
| 2024 | $13,559 +4.1% | $1,245,000 +10.1% |
| 2023 | $13,022 -3.4% | $1,131,000 -17.9% |
| 2022 | $13,479 +13.9% | $1,378,000 +44.7% |
| 2021 | $11,835 +4.9% | $952,000 +17% |
| 2020 | $11,284 +5.3% | $814,000 +3.2% |
| 2019 | $10,719 -2.2% | $789,000 -5.1% |
| 2018 | $10,961 +3.5% | $831,000 +14% |
| 2017 | $10,587 +42.7% | $729,000 +12% |
| 2016 | $7,418 | $651,000 +4.7% |
| 2015 | $7,418 | $622,000 +13.9% |
| 2014 | $7,418 | $546,000 +15.9% |
| 2013 | $7,418 | $471,000 -2.3% |
| 2012 | -- | $482,000 -2.4% |
| 2011 | -- | $494,000 +21.7% |
| 2010 | -- | $406,000 |
| 2009 | -- | $406,000 +4.6% |
| 2007 | -- | $388,000 +7.5% |
| 2006 | -- | $361,000 +3.7% |
| 2005 | -- | $348,000 +7.4% |
| 2001 | $4,211 | $324,000 |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
$4,151/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.