About 32011 Se 48th Street
$50,000 PRICE IMPROVEMENT! NOW $1.54 MILLION! BEST VALUE IN FALL CITY! Owner relocating out of state for family reasons. Two separate legal parcels. Nearly 10 acres. One incredible opportunity. The remodeled home sits on 5.04 private fenced acres with an ESTIMATED VALUE of $1.3–$1.4 MILLION. Included is a separate 4.57-acre buildable parcel with an ESTIMATED VALUE of $450,000–$500,000. Combined, you're purchasing approximately $1.75–$1.90 MILLION in real estate VALUE for only $1.55 MILLION. The second parcel is subdivided with a large cleared building site and custom architect plans—ideal for a second custom home, multigenerational living, or future investment. Beyond the private gates, a 1,000-foot driveway winds through towering evergreens to a secluded Northwest retreat. Originally a small horse barn, the home has been expanded into a 2,237-square-foot residence with 3 bedrooms, 1.75 baths, open-concept living, LVP flooring, abundant natural light, and a custom kitchen with premium appliances and walk-in pantry. The attached three-car garage has its own 200-amp electrical service, while the home has a separate 200-amp panel—ideal for contractors, mechanics, hobbyists, or heavy equipment. The garage offers potential conversion to additional finished living space, adding usable square footage and future value (buyer to verify). Relax in the outdoor gathering area overlooking the peaceful grounds and iconic Fall City totem pole. Two legal parcels. Nearly 10 private acres.
Features of 32011 Se 48th Street
| MLS® # | 2532364 |
|---|---|
| Price | $1,545,000 |
| Bedrooms | 3 |
| Bathrooms | 1.75 |
| Full Baths | 1 |
| Square Footage | 2,237 |
| Acres | 5.04 |
| Year Built | 1974 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 32011 Se 48th Street |
|---|---|
| Area | 540 - East of Lake Sammamish |
| Subdivision | Fall City |
| City | Fall City |
| County | King |
| State | WA |
| Zip Code | 98024 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Driveway, Attached Garage, Off Street, RV Parking |
| View | Territorial |
| Is Waterfront | No |
Interior
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer |
|---|---|
| Heating | Stove/Free Standing |
| Cooling | Central Air, Forced Air |
| Fireplace | No |
Exterior
| Exterior Features | See Remarks, Stone, Wood, Wood Products |
|---|---|
| Lot Description | Open Space, Paved, Secluded |
| Foundation | Poured Concrete, See Remarks, Slab |
School Information
| District | Snoqualmie Valley |
|---|---|
| Elementary | Fall City Elem |
| Middle | Chief Kanim Mid |
| High | Mount Si High |
Additional Information
| Date Listed | June 10th, 2026 |
|---|---|
| Days on Market | 92 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Designed Realty |
|---|
