Situated in one of Seattle’s most coveted communities, this exceptional Magnolia residence commands sweeping views of the Olympic Mountains and Puget Sound. Thoughtfully reimagined down to the studs, the 3,750-square-foot home blends sophistication and style, showcasing light-filled interiors and breathtaking year-round sunsets. 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, and a well-appointed garage with EV charging to reflect the home’s attention to both presence and practicality. A tranquil freshwater stream and private backyard oasis create a rare sense of seclusion. Just moments from Discovery Park, Elliott Bay beach walks, and Magnolia’s scenic waterfront trails, this remarkable property offers a rare opportunity to own a residence where architectural distinction, natural beauty, and the understated luxury of the Magnolia lifestyle come together seamlessly.
Active
Listed by:
Brenda Martin,
John L. Scott, Inc,
Tina McKay,
John L. Scott, Inc
$2,290,000
4527 W Raye Street, Seattle, WA 98199
5beds
3,750sqft
Est.:
Single Family Residence
Built in 1936
7,039.3 Square Feet Lot
$-- Zestimate®
$611/sqft
$-- HOA
What's special
Generous off-street parkingPrivate backyard oasisLight-filled interiorsBreathtaking year-round sunsetsWine storageDeep soaking tubDual rainfall shower system
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- 178 |
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Zillow last checked: 8 hours ago
Listing updated: 8 hours ago
Listed by:
Brenda Martin,
John L. Scott, Inc,
Tina McKay,
John L. Scott, Inc
Source: NWMLS,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: 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, Dining Room, French Doors, Security System, Skylight(s), Vaulted Ceiling(s), 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: $611/sqft
- Tax assessed value: $2,517,000
- Annual tax amount: $24,091
- Date on market: 10/9/2025
- Cumulative days on market: 124 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 |
|---|---|---|
| 2/11/2026 | Listed for sale | $2,290,000-7.1%$611/sqft |
Source:  NWMLS #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 | ||
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% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,637/mo
Principal & interest
$11270
Property taxes
$1565
Home insurance
$802
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. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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