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JRJeff ReynoldsCompass · Seattle

Listed by Laura Lynn, COMPASS

3
Bedrooms
1
Bathrooms
1,490
Square feet
$285
Per sq ft
Single Family Residence
Type
1941
Year built
2,961 sq ft
Lot
250
Days on market

About this property

Rare opportunity to acquire a fully assembled three-parcel development in Seattle's thriving South Park neighborhood! This unique offering includes a beautifully updated, move-in-ready home plus two adjacent buildable lots, creating exceptional flexibility for builders, investors, or owner occupants. Live in or rent the existing home while developing the adjacent parcels, or take advantage of the shovel-ready project by utilizing the permit-approved plans included for two new 2,000+ SF homes on the vacant lots. Each parcel has its own assigned address, and all three are legally separate lots. Whether you're looking to generate rental income during construction, build and sell, or create a long-term investment portfolio, this property offers tremendous upside in one of Seattle's rapidly growing neighborhoods with strong demand for new construction. The house & vacant lots are also available individually (MLS# 2520051, MLS #2476505 and MLS #2476503), but the seller's preference is to sell all three parcels together, providing a rare turnkey development opportunity with much of the upfront planning already complete.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2520051
Listed
May 7, 2026
Days on market
250 (includes a prior listing period)
Price per sq ft
$285
Original list price
$450,000

Unit & building

Building
South Park
Unit levels
One

Parking

Parking
Off StreetRV Parking

Views

View
Territorial

Construction

Year built
1941
Style
16 - 1 Story w/Bsmnt.
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Interior features

Features
Ceiling Fan(s)

Flooring

Flooring
Laminate

Appliances

Appliances
DishwasherMicrowaveRefrigeratorStove(s)/Range(s)

Community & building features

Bus line nearby
Yes

Lot

Lot features
Corner Lot
Lot size
2,961 sq ft

Terms

Terms offered
CashConventionalSee Remarks

Utilities

Water
SPU
Sewer
SPU
Power
PSE

Schools

District
Seattle
Elementary
Concord
Middle
Denny Mid
High
Sealth High

What stands out to you?

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

  • One
  • Off Street
  • RV Parking
  • Territorial
  • House
  • Composition
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Ceiling Fan(s)
  • Laminate

Listing history

  1. Listed

    $450,000

    May 7, 2026

  2. Current price

    $425,000

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

$2,475

Principal & interest
$2,149
Property tax (est.)
$326

Assumes $85,000 down (20%), a $340,000 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 11:01 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.