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JRJeff ReynoldsCompass · Seattle

Listed by Martin J. Ho, Berkshire Hathaway HS NW

Land
Type
32,305 sq ft
Lot
77
Days on market

About this property

West Seattle Development Site – 32,305 SF | Multifamily or Townhome Potential Near Future Light Rail Exceptional opportunity to acquire a 32,305 SF (.742-acre) vacant land site in the highly desirable West Seattle submarket. Zoned for multifamily residential use, this unentitled property offers significant development potential in a supply-constrained Seattle location. Preliminary feasibility indicates the potential for approximately 110-unit apartment development or up to 21 townhome units, allowing flexibility for a variety of residential strategies. The site is positioned adjacent to existing apartment and condominium communities, supporting strong market fundamentals and proven demand for multifamily housing. Utilities including sewer, water, gas, and electricity are available in the street. Located along SW Avalon Way, the property benefits from strong connectivity to Downtown Seattle via the West Seattle Bridge and is within walking distance to the planned West Seattle light rail expansion (estimated completion 2032), enhancing long-term transit-oriented development potential. West Seattle continues to attract residents seeking relative affordability, neighborhood character, and proximity to employment centers. The area is supported by access to retail, dining, recreation, and waterfront amenities. Reports completed include drainage, geotechnical, and topographical studies. Buyer to verify all development potential, zoning, and feasibility.

Location & commute

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Directions

Property details

Listing details

Listing number
#2495577
Listed
April 27, 2026
Days on market
77
Original list price
$2,800,000

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot size
32,305 sq ft

Terms

Terms offered
Cash

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
AvailableIn Street
Sewer
AvailableIn Street

Schools

District
Seattle
High
West Seattle High

What stands out to you?

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  • None
  • Cash
  • Electricity Available
  • Natural Gas Available
  • Available
  • In Street

Listing history

  1. Listed

    $2,800,000

    April 27, 2026

  2. Current price

    $1,500,000

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

$8,735

Principal & interest
$7,585
Property tax (est.)
$1,150

Assumes $300,000 down (20%), a $1,200,000 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.