Listed by Marilyn C. Smith, Windermere Real Estate Co.
- 5
- Bedrooms
- 1
- Bathrooms
- 1,750
- Square feet
- $569
- Per sq ft
- Single Family Residence
- Type
- 1923
- Year built
- 13,500 sq ft
- Lot
- 139
- Days on market
About this property
A truly exceptional investment opportunity in one of Matthews Beach most desirable settings. This private, quiet parcel offers a rare combination of prime location, flexible zoning, and remarkable development flexibility — making it one of the most compelling lots currently available. Surrounded by expansive open space with potential for sweeping territorial views, this property is a beautifully rare lot that feels both serene and connected. It’s the perfect canvas to design and build a signature residence or capitalize on its versatile zoning potential. Enjoy an unmatched lifestyle just moments from the scenic Burke-Gilman Trail, Matthews Beach Park, Lake Washington, and Magnuson Park. Stroll to beloved neighborhood destinations including Magnuson Cafe & Brewery, Grand Central Bakery, Wedgwood Broiler, and Fiddler's Inn. Everyday essentials are equally convenient with nearby Metropolitan Market and PCC Community Markets. With easy access to public transportation and major freeways, this location offers seamless connectivity while maintaining a peaceful residential atmosphere. The property is sold as-is. The existing structure has already been prepared for removal, allowing you to move directly into the next phase of development. Opportunities like this — combining privacy, location, zoning flexibility, and lifestyle appeal — are exceptionally rare.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2483339
- Listed
- February 24, 2026
- Days on market
- 139
- Price per sq ft
- $569
- Original list price
- $1,100,000
Unit & building
- Building
- Matthews Sand Point Garden Tracts
- Unit levels
- One and One Half
Parking
- Parking
- None
Views
- View
- LakeTerritorial
Construction
- Year built
- 1923
- Style
- 11 - 1 1/2 Story
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- Electric
Lot
- Lot features
- Value In Land
- Lot size
- 13,500 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Seattle Public Utility
- Sewer
- Seattle Public Utility
- Power
- Seattle Public Utility
Schools
- District
- Seattle
- Elementary
- View Ridge
- Middle
- Eckstein Mid
- High
- Nathan Hale High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- One and One Half
- None
- Lake
- Territorial
- House
- Composition
- Forced Air
- Electric
- Value In Land
- Cash
- Conventional
Listing history
Listed
$1,100,000
February 24, 2026
Current price
$995,000
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
$5,794
- Principal & interest
- $5,031
- Property tax (est.)
- $763
Assumes $199,000 down (20%), a $796,000 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.
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Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 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.