Listed by Michael Urquhart, Paragon Real Estate Advisors
- Land
- Type
- 48,925 sq ft
- Lot
- 113
- Days on market
About this property
48,925 SF - 6 tax parcels - of NR2 Zoned land located near Kubota Gardens. Neighborhood Residential (NR2) zoning allows for a developer to build four standalone dwelling units on each of the six tax parcels for a total of 24 detached residences on ±1.12 acres. 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
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2518668
- Listed
- May 6, 2026
- Days on market
- 113
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
Listed
$1,200,000
May 6, 2026
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
$6,988
- Principal & interest
- $6,068
- Property tax (est.)
- $920
Assumes $240,000 down (20%), a $960,000 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 August 28, 2026 at 1:03 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.