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  • Listed by: John L. Scott, Inc
    Price cut: $140K (3/4)
    $2,150,000

    4527 W Raye Street, Seattle, WA 98199

    5beds
    3,750sqft
    : 
    Single Family Residence
    Built in 1936
    7,039.3 Square Feet Lot
    $-- Zestimate®
    $573/sqft
    $-- HOA

    What's special

    Generous off-street parkingPrivate backyard oasisLight-filled interiorsBreathtaking year-round sunsetsWine storageDeep soaking tubDual rainfall shower system
    Just moments from Magnolia’s scenic waterfront trails, Discovery Park, and Elliott Bay beach walks, this remarkable property offers a rare opportunity to own a residence in one of Seattle’s most coveted communities. Enjoy captivating Olympic Mountain and Puget Sound views every day! Thoughtfully reimagined down to the studs, this 3,750-square-foot home blends sophistication and style with architectural distinction and natural beauty, showcasing light-filled interiors and breathtaking year-round sunsets. A tranquil freshwater stream and private backyard oasis create a rare sense of seclusion. The main level is beautifully proportioned for both refined daily living and entertaining. A chef’s kitchen with premium appliances, wine storage, and seamless flow to inviting deck. The primary suite features a spa-caliber bath with a deep soaking tub and dual rainfall shower system. Four additional bedrooms offer flexibility for guests, home offices, or creative pursuits, while all four baths are finished to spa standards, complete with heated floors. The lower level reveals an independent living area with its own kitchen—ideal for extended stays or multigenerational living. Additional highlights include a striking stone entry, generous off-street parking, back gate access to Magnolia Blvd, and a well-appointed garage with EV charging to reflect the home’s attention to both presence and practicality. Schedule your private showing today and experience the lifestyle you deserve!
    38 days
    |
    3,896
    |
    112
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 11, 2026 at 06:54pm

    Listed by:

    Brenda Martin,

    John L. Scott, Inc,

    Tina McKay,

    John L. Scott, Inc

    Source: NWMLS as distributed by MLS GRID,MLS#: 2478509MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 3/4 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Third
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Lower
      Bathroom full
      • Level: Third
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Lower
      Bathroom three quarter
      • Level: Main
      Den office
      • Level: Main
      Dining room
      • Level: Main
      Entry hall
      • Level: Lower
      Kitchen with eating space
      • Level: Main
      Kitchen without eating space
      • Level: Lower
      Living room
      • Level: Main
      Utility room
      • Level: Second
      Heating
      • Ductless, Electric, Natural Gas
      Cooling
      • Ductless
      Appliances
      • Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Tankless Water Heater, Washer(s), Garbage Disposal, Water Heater: Tankless, Water Heater Location: Basement
      Features
      • Bath Off Primary, Central Vacuum, Dining Room
      • Flooring: Ceramic Tile, Hardwood, Stone, Carpet
      • Doors: French Doors
      • Windows: Dbl Pane/Storm Window, Skylight(s)
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,750
      • Total interior livable area: 3,750 sqft
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      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Attached Garage, Off Street
      • Has attached garage: Yes
      • Covered spaces: 1
      Features
      • Levels: Multi/Split
      • Entry location: Lower
      • Patio & porch: Second Primary Bedroom, Bath Off Primary, Built-In Vacuum, Dbl Pane/Storm Window, Dining Room, French Doors, Security System, Skylight(s), Vaulted Ceilings, Walk-In Closet(s), Water Heater, Wet Bar, Wine Cellar, Wine/Beverage Refrigerator, Wired for Generator
      • Has view: Yes
      • View description: Mountain(s), See Remarks, 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,Terraces
      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
      Location
      • Region: Seattle

      Financial & listing details

      • Price per square foot: $573/sqft
      • Tax assessed value: $2,517,000
      • Annual tax amount: $24,091
      • Date on market: 10/9/2025
      • Cumulative days on market: 162 days
      • Listing terms: Conventional,VA Loan
      • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/14/2026Listing removed$7,750$2/sqft
        Source: Zillow Rentals Report a problem
        3/4/2026Price change$2,150,000-6.1%$573/sqft
        Source: NWMLS as distributed by MLS GRID #2478509 Report a problem
        3/2/2026Listed for rent$7,750$2/sqft
        Source: Zillow Rentals Report a problem
        2/11/2026Listed for sale$2,290,000-7.1%$611/sqft
        Source: NWMLS as distributed by MLS GRID #2478509 Report a problem
        2/3/2026Listing removed$2,465,000$657/sqft
        Source: John L Scott Real Estate #2448155 Report a problem
        10/24/2025Price change$2,465,000-5%$657/sqft
        Source: John L Scott Real Estate #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 as distributed by MLS GRID #1539323 Report a problem
        1/13/2020Pending sale$1,629,950$435/sqft
        Source: SASH Realty #1539323 Report a problem
        1/11/2020Price change$1,629,950-4.1%$435/sqft
        Source: SASH Realty #1539323 Report a problem
        11/29/2019Price change$1,699,950-3.4%$453/sqft
        Source: SASH Realty #1539323 Report a problem
        11/9/2019Price change$1,759,900-2%$469/sqft
        Source: SASH Realty #1539323 Report a problem
        10/4/2019Price change$1,795,000-10.2%$479/sqft
        Source: Orvis & Orvis Real Estate LLC #1500573 Report a problem
        8/3/2019Price change$1,999,888-8.9%$533/sqft
        Source: Orvis & Orvis Real Estate LLC #1500573 Report a problem
        6/21/2019Price change$2,195,000-4.6%$585/sqft
        Source: Orvis & Orvis Real Estate LLC #1468481 Report a problem
        6/4/2019Listed for sale$2,300,000+157%$613/sqft
        Source: Orvis & Orvis Real Estate LLC #1468481 Report a problem
        5/5/2018Sold$895,000$239/sqft
        Source: Agent Provided Report a problem
        3/30/2018Price change$895,000-10.1%$239/sqft
        Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem
        3/10/2018Listed for sale$995,000$265/sqft
        Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem
        3/4/2018Pending sale$995,000$265/sqft
        Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem
        11/18/2017Listed for sale$995,000$265/sqft
        Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem
        11/9/2017Pending sale$995,000$265/sqft
        Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem
        10/27/2017Listed for sale$995,000+116.9%$265/sqft
        Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem
        2/27/2017Sold$458,658+358.7%$122/sqft
        Source: Public Record Report a problem
        1/3/2014Sold$100,000$27/sqft
        Source: Public Record 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%
        2021$16,417 -11.6%$1,767,000 -7.5%
        2020$18,569 -3.5%$1,911,000 -4.7%
        2019$19,236 +121.2%$2,006,000 +107%
        2018$8,696 -10.4%$969,000 +1.9%
        2017$9,710 +45.4%$951,000 +9.7%
        2016$6,679 $867,000 +10.9%
        2015$6,679 $782,000 +16.5%
        2014$6,679 $671,000 +4%
        2013$6,679 $645,000 +13.6%
        2012-- $568,000 +1.6%
        2011-- $559,000 -5.7%
        2010-- $593,000
        2009-- $593,000 -1%
        2007-- $599,000 -12.2%
        2006-- $682,000 +8.4%
        2005-- $629,000 +26.3%
        2001$5,806 -2.1%$498,000 +3.5%
        2000$5,931 $481,000

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $12,109/mo
        Principal & interest
        $10640
        Property taxes
        $1469
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          Climate risks

          Neighborhood: Magnolia

          Getting around

          28 / 100
          Car-Dependent
          30 / 100
          Some Transit
          19 / 100
          Somewhat Bikeable

          Nearby schools

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