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JRJeff ReynoldsCompass · Seattle

Listed by Michael Urquhart, Paragon Real Estate Advisors

Land
Type
48,925 sq ft
Lot
158
Days on market

About this property

48,925 SF - 6 tax parcels - of NR2 Zoned land located near Kubota Gardens. This is one of the few large contiguous development sites left in the City of Seattle, situated on a quiet low-traffic street adjacent to the Chief Sealth Trail and Lakeridge Park, with close proximity to the Rainier Beach Link Light Rail Station, Lake Washington, shops, and grocery stores. See supplements for offering memorandum that better describes the development potential.

Location & commute

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Directions

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Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

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Property details

Listing details

Listing number
#2518668
Listed
May 6, 2026
Days on market
158
Original list price
$1,200,000

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot size
48,925 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
Available
Sewer
Available

Schools

District
Seattle

What stands out to you?

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  • None
  • Cash
  • Conventional
  • Electricity Available
  • Natural Gas Available
  • Available

Listing history

  1. Listed

    $1,200,000

    May 6, 2026

  2. Current price

    $1,080,000

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

$6,289

Principal & interest
$5,461
Property tax (est.)
$828

Assumes $216,000 down (20%), a $864,000 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 October 12, 2026 at 3:30 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.