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JRJeff ReynoldsCompass · Seattle

Listed by Khaleel Grant, FIRST AND MAIN

3
Bedrooms
4
Bathrooms
2,460
Square feet
$325
Per sq ft
Single Family Residence
Type
1917
Year built
14,555 sq ft
Lot
244
Days on market

About this property

Rare development opportunity in the heart of Seattle’s rapidly growing Rainier Beach neighborhood. This 14,555 SF parcel is zoned MHA LR3 + SM-RB 85 in a HALA opportunity area, offering strong redevelopment potential for builders and investors alike. City correspondence has confirmed favorable FAR potential and the possibility for dual maximum building heights. The property includes an existing rental home plus a separate garage rental unit, for easy rental income while pursuing permits. Existing month-to-month tenant would like to stay. Positioned on two main thoroughfares with access potential from both sides, the site offers flexibility for future development. Possible Downtown Seattle and Lake Washington views from approximately 35 feet. Located just one block from Link Light Rail, parks, shopping, and neighborhood amenities. Here is your chance to secure a large urban development site in one of Seattle’s fastest-evolving neighborhoods.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2454040
Listed
November 11, 2025
Days on market
244
Price per sq ft
$325
Original list price
$1,100,000

Unit & building

Building
Dunlaps Half Acre Tracts
Unit levels
Two

Parking

Parking
Off StreetRV Parking

Views

View
LakePartial

Construction

Year built
1917
Style
18 - 2 Stories w/Bsmnt
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Interior features

Features
Water Heater

Flooring

Flooring
HardwoodCarpet

Lot

Lot features
Value In Land
Lot size
14,555 sq ft

Terms

Terms offered
CashConventionalFHAOwner Will CarryVA Loan

Utilities

Water
City of Seattle
Sewer
City of Seattle
Power
Seattle City Light

Schools

District
Seattle
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Two
  • Off Street
  • RV Parking
  • Lake
  • Partial
  • House
  • Composition
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Water Heater

Listing history

  1. Listed

    $1,100,000

    November 11, 2025

  2. Current price

    $799,999

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$4,658

Principal & interest
$4,045
Property tax (est.)
$613

Assumes $160,000 down (20%), a $639,999 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:30 AM PDT. 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.