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  • Listed by: 

    Brenda Martin,

    John L. Scott, Inc,

    Tina McKay,

    John L. Scott, Inc

    Price cut: $130K (10/24)
    $2,465,000

    4527 W Raye Street, Seattle, WA 98199

    5beds
    3,750sqft
    : 
    Single Family Residence
    Built in 1936
    7,039.3 Square Feet Lot
    $2,386,200 Zestimate®
    $657/sqft
    $-- HOA

    What's special

    Year-round sunsetsPrivate backyard oasisTimeless styleModern sophisticationFull kitchenLight-filled interiorsFreshwater stream
    Experience Magnolia living w/ panoramic Puget Sound & Olympic Mountain views. Renovated down to the studs, this 3,750SF home blends modern sophistication and timeless style, offering light-filled interiors & year-round sunsets. Main level includes a chef’s kitchen w/ premium appliances, wine storage, & inviting decks. Primary suite has a spa-inspired bath, while four additional bedrooms offer flexibility. All baths feature heated floors. Lower level provides a full kitchen, ideal for guests, multi-generational living, and more. Highlights include stone entry, generous driveway, EV charger, freshwater stream, private backyard oasis, and just minutes to Discovery Park, Elliott Bay beach walks, and scenic waterfront trails.Make it yours today!
    48 days
    |
    2,587
    |
    78
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: November 06, 2025 at 07:42am

    Listed by:

    Brenda Martin,

    John L. Scott, Inc,

    Tina McKay,

    John L. Scott, Inc

    Source: NWMLS,MLS#: 2448155MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 1
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Lower
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Lower
    Bathroom three quarter
    • Level: Lower
    Heating
    • Ductless, Electric, Natural Gas
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater: Tankless, Water Heater Location: Off Wine Room
    Features
    • Bath Off Primary, Central Vacuum, Dining Room
    • Flooring: Ceramic Tile, Hardwood, Carpet
    • Doors: French Doors
    • Windows: Double Pane/Storm Window, Skylight(s)
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,750
    • Total interior livable area: 3,750 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Attached Garage, Off Street
    • Attached garage spaces: 1
    Features
    • Levels: Multi/Split
    • Entry location: Lower
    • Patio & porch: Second Primary Bedroom, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, French Doors, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar, Wired for Generator
    • Has view: Yes
    • View description: Mountain(s), Sound, Territorial
    • Has water view: Yes
    • Water view: Sound
    Lot
    • Size: 7,039.3 Square Feet
    • Features: Paved, Cable TV, Deck, Electric Car Charging, Fenced-Partially, Gas Available, High Speed Internet, Patio
    • Topography: Level,Partial Slope
    Details
    • Parcel number: 1367800055
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard
    • Other equipment: Wired for Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Stone, Wood Siding, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1936
    • Major remodel year: 2019

    Utilities & green energy

    • Electric: Company: Seattle City Light
    • Sewer: Sewer Connected, Company: Seattle Public Utilities
    • Water: Public, Company: Seattle Public Utilities
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Magnolia Bluff
    Location
    • Region: Seattle

    Financial & listing details

    • Price per square foot: $657/sqft
    • Tax assessed value: $2,517,000
    • Annual tax amount: $24,091
    • Date on market: 10/2/2025
    • Cumulative days on market: 71 days
    • Listing terms: Cash Out,Conventional
    • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $2,386,200

    $2.27M - $2.51M

    $7,239/mo

    Price history

    Price history
    DateEventPrice
    10/24/2025Price change$2,465,000-5%$657/sqft
    Source: NWMLS #2448155 Report a problem
    10/3/2025Listed for sale$2,595,000+59.2%$692/sqft
    Source: John L Scott Real Estate #2439889 Report a problem
    2/19/2020Listing removed$1,629,950$435/sqft
    Source: SASH Realty #1539323 Report a problem
    2/19/2020Listed for sale$1,629,950+6.3%$435/sqft
    Source: SASH Realty #1539323 Report a problem
    2/18/2020Sold$1,533,570-5.9%$409/sqft
    Source: NWMLS #1539323 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$24,091 +35.1%$2,517,000 +34.7%
    2023$17,837 +2.7%$1,869,000 -8.1%
    2022$17,369 +5.8%$2,033,000 +15.1%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $14,709/mo
    Principal & interest
    $12162
    Property taxes
    $1684
    Home insurance
    $863

      Climate risks

      Neighborhood: Magnolia

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Catharine Blaine K-8
      • Middle: Mc Clure Mid
      • High: Ballard High

      Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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