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!
Active
Listed by: John L. Scott, Inc
Price cut: $140K (3/4)
$2,150,000
4527 W Raye Street, Seattle, WA 98199
5beds
3,750sqft
Est.:
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
- 30 days |
- 5,219 |
- 136 |
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#: 2478509
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
Video & virtual tour
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: 154 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Price change | $2,150,000-6.1%$573/sqft |
Source:  NWMLS as distributed by MLS GRID #2478509 Report a problem | ||
| 3/2/2026 | Listed for rent | $7,750$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/11/2026 | Listed for sale | $2,290,000-7.1%$611/sqft |
Source: NWMLS as distributed by MLS GRID #2478509 Report a problem | ||
| 2/3/2026 | Listing removed | $2,465,000$657/sqft |
Source: John L Scott Real Estate #2448155 Report a problem | ||
| 10/24/2025 | Price change | $2,465,000-5%$657/sqft |
Source: John L Scott Real Estate #2448155 Report a problem | ||
| 10/3/2025 | Listed for sale | $2,595,000+59.2%$692/sqft |
Source: John L Scott Real Estate #2439889 Report a problem | ||
| 2/19/2020 | Listing removed | $1,629,950$435/sqft |
Source: SASH Realty #1539323 Report a problem | ||
| 2/19/2020 | Listed for sale | $1,629,950+6.3%$435/sqft |
Source: SASH Realty #1539323 Report a problem | ||
| 2/18/2020 | Sold | $1,533,570-5.9%$409/sqft |
Source: NWMLS as distributed by MLS GRID #1539323 Report a problem | ||
| 1/13/2020 | Pending sale | $1,629,950$435/sqft |
Source: SASH Realty #1539323 Report a problem | ||
| 1/11/2020 | Price change | $1,629,950-4.1%$435/sqft |
Source: SASH Realty #1539323 Report a problem | ||
| 11/29/2019 | Price change | $1,699,950-3.4%$453/sqft |
Source: SASH Realty #1539323 Report a problem | ||
| 11/9/2019 | Price change | $1,759,900-2%$469/sqft |
Source: SASH Realty #1539323 Report a problem | ||
| 10/4/2019 | Price change | $1,795,000-10.2%$479/sqft |
Source: Orvis & Orvis Real Estate LLC #1500573 Report a problem | ||
| 8/3/2019 | Price change | $1,999,888-8.9%$533/sqft |
Source: Orvis & Orvis Real Estate LLC #1500573 Report a problem | ||
| 6/21/2019 | Price change | $2,195,000-4.6%$585/sqft |
Source: Orvis & Orvis Real Estate LLC #1468481 Report a problem | ||
| 6/4/2019 | Listed for sale | $2,300,000+157%$613/sqft |
Source: Orvis & Orvis Real Estate LLC #1468481 Report a problem | ||
| 5/5/2018 | Sold | $895,000$239/sqft |
Source: Agent Provided Report a problem | ||
| 3/30/2018 | Price change | $895,000-10.1%$239/sqft |
Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem | ||
| 3/10/2018 | Listed for sale | $995,000$265/sqft |
Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem | ||
| 3/4/2018 | Pending sale | $995,000$265/sqft |
Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem | ||
| 11/18/2017 | Listed for sale | $995,000$265/sqft |
Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem | ||
| 11/9/2017 | Pending sale | $995,000$265/sqft |
Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem | ||
| 10/27/2017 | Listed for sale | $995,000+116.9%$265/sqft |
Source: Orvis & Orvis Real Estate LLC #1266240 Report a problem | ||
| 2/27/2017 | Sold | $458,658+358.7%$122/sqft |
Source: Public Record Report a problem | ||
| 1/3/2014 | Sold | $100,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
$11,879/mo
Principal & interest
$10410
Property taxes
$1469
More affordability tools
Climate risks
Neighborhood: Magnolia
Nearby schools
GreatSchools rating
- 9/10Catharine Blaine K-8Grades: K-8Distance: 0.7 mi
- 10/10Ballard High SchoolGrades: 9-12Distance: 3 mi
- 8/10McClure Middle SchoolGrades: 6-8Distance: 2.7 mi
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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