Rockhood
$1,545,000List price
3 bed · 2 bath · 2,237 sq ft
Active

32011 SE 48th Street · Fall City, WA 98024

Source: NWMLS · Designed Realty · Jose Chapa #NWM2532364

About this home

$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.

Location

Basics

Property type
Single Family Residence
Style
1 1/2 Story
Stories
One and one half
Year built
1974 (renovated 2007)
Lot size
219,542 sq ft (5.04 acres)
County
King
MLS #
NWM2532364

Interior

Heating
Stove/Free Standing
Cooling
Central Air, Forced Air
Flooring
Laminate, See Remarks, Vinyl Plank
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Entry level
Main

Exterior & lot

Exterior features
See Remarks, Stone, Wood, Wood Products
Roof
Composition
Foundation
Poured Concrete, See Remarks, Slab
Lot features
Open Space, Paved, Secluded
Topography
Equestrian,Sloped
View
Territorial
Waterfront
No

Parking

Parking spaces
8
Garage
Yes (attached)
Covered spaces
3
Parking features
Driveway, Attached Garage, Off Street, RV Parking

Utilities

Water
Private, Public, See Remarks
Sewer
Septic Tank
Power
Electric, Natural Gas, Pellet, Wood

Community & fees

Subdivision
Fall City
Community features
Gated, Park, Trail(s)
Property tax
$13,888 (2026)

Transaction

Original list price
$1,750,000 (11.7% price cut)
Listed on
Jun 10, 2026
Days on market
102
Price per sq ft
$691
Listing terms
Cash, Conventional
Possession
Closing, Negotiable, See Remarks

More homes nearby

Schools

School district: Snoqualmie Valley

Elementary
Fall City Elem
Middle
Chief Kanim Mid
High
Mount Si High School
SchoolDigger 5 stars · Top 4% in WA

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Listing provided courtesy of: Designed Realty

Listing agent: Jose Chapa.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-18.