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JRJeff ReynoldsCompass · Seattle

Listed by Laura Lynn, COMPASS

Land
Type
1,677 sq ft
Lot
159
Days on market

About this property

Rare opportunity to acquire a fully assembled three-parcel development in Seattle's thriving South Park neighborhood! This unique offering includes a beautifully updated, move-in-ready home plus two adjacent buildable lots, creating exceptional flexibility for builders, investors, or owner occupants. Live in or rent the existing home while developing the adjacent parcels, or take advantage of the shovel-ready project by utilizing the permit-approved plans included for two new 2,000+ SF homes on the vacant lots. Each parcel has its own assigned address, and all three are legally separate lots. Whether you're looking to generate rental income during construction, build and sell, or create a long-term investment portfolio, this property offers tremendous upside in one of Seattle's rapidly growing neighborhoods with strong demand for new construction. The house & vacant lots are also available individually (MLS# 2520051, MLS #2476505 and MLS #2476503), but the seller's preference is to sell all three parcels together, providing a rare turnkey development opportunity with much of the upfront planning already complete.

Location & commute

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Directions

Property details

Listing details

Listing number
#2476503
Listed
February 4, 2026
Days on market
159
Original list price
$200,000

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot features
Paved
Lot size
1,677 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity Available
Water
Available
Sewer
Available

Schools

District
Seattle
Elementary
Concord
Middle
Denny Mid
High
Buyer To Verify

What stands out to you?

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  • None
  • Paved
  • Cash
  • Conventional
  • Electricity Available
  • Available

Listing history

  1. Listed

    $200,000

    February 4, 2026

  2. Current price

    $175,000

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

$1,019

Principal & interest
$885
Property tax (est.)
$134

Assumes $35,000 down (20%), a $140,000 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 13, 2026 at 10:45 PM 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.