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JRJeff ReynoldsCompass · Seattle

Listed by Suzanne Fortune, Windermere Real Estate/HLC

Land
Type
5,000 sq ft
Lot
137
Days on market

About this property

Reduced Price! DEVELOPMENT POTENTIAL in Freemont ~ Zoned LM1 (M) Residential Lot Size 5,000 sf, Allowed Units 4–6 units depending on design. Possible FAR Up to 1.2 FAR (~6,000 sf), Potential Unit Types include flats, stacked flats, townhouses, row houses & ADUs. 4 principal units + 1–2 ADUs (detached or attached). Max Height 32', depending on configuration. ADUs can be up to ~1,000 sf each (subject to design compliance). Under updated 2025 "Middle Housing" rules, residential lots in Seattle now support a baseline of 4 units, more if next to transit and affordable housing is added to the mix. Buyer to verify all information to their own satisfaction. We are entertaining ALL OFFERS!

Location & commute

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Directions

Property details

Listing details

Listing number
#2485451
Listed
February 26, 2026
Days on market
137
Original list price
$1,400,000

Views

View
BayLakeMountainsPartialTerritorial

Construction

Style
42 - Multi-Family
Structure
None

Lot

Lot features
CurbsPavedSidewalk
Lot size
5,000 sq ft

Terms

Terms offered
CashConventionalSee Remarks

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
AvailableOn Property
Sewer
On Property

Schools

District
Seattle
Elementary
Bf Day
Middle
Hamilton Mid
High
Lincoln High

What stands out to you?

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

  • Bay
  • Lake
  • Mountains
  • Partial
  • Territorial
  • None
  • Curbs
  • Paved
  • Sidewalk
  • Cash
  • Conventional
  • See Remarks

Listing history

  1. Listed

    $1,400,000

    February 26, 2026

  2. Current price

    $1,300,000

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

$7,571

Principal & interest
$6,574
Property tax (est.)
$997

Assumes $260,000 down (20%), a $1,040,000 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 14, 2026 at 12:00 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.