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  • Listed by: John L. Scott, Inc
    Bought with: ZNonMember-Office-MLS
    $2,096,250

    4527 W Raye Street, Seattle, WA 98199

    5beds
    3,750sqft
    Single Family Residence
    Built in 1936
    7,039.3 Square Feet Lot
    $2,085,600 Zestimate®
    $559/sqft
    $7,522 Estimated rent

    Home value

    $2,085,600

    $1.98M - $2.19M

    $7,522/mo

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    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: 23 hours ago

    Listed by:

    Brenda Martin,

    John L. Scott, Inc,

    Tina McKay,

    John L. Scott, Inc

    Bought with:

    Unrepresentd ZDefault

    ZNonMember-Office-MLS

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

    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, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), 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

    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 Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar, Wine Cellar, Wine/Beverage Refrigerator, Wired for Generator
    • Has view: Yes
    • View description: See Remarks, Sound, Territorial
    • Has water view: Yes
    • Water view: Sound
    Lot
    • Size: 7,039 sqft
    • 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: Multi Level
    • 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 & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Seattle
    • Subdivision: Magnolia

    Other

    Other facts
    • Listing terms: Conventional,VA Loan
    • Cumulative days on market: 163 days

    Price history

    DateEventPrice
    4/16/2026Sold$2,096,250-2.5%$559/sqft
    Source: NWMLS as distributed by MLS GRID #2478509 Report a problem
    3/22/2026Pending sale$2,150,000$573/sqft
    Source: NWMLS as distributed by MLS GRID #2478509 Report a problem
    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

    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

    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 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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    Estimated market value
    $2,085,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,085,600