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JRJeff ReynoldsCompass · Seattle

Listed by Jared Tadique, Penny Kingdom Realty

1
Bedrooms
1
Bathrooms
650
Square feet
$1,000
Per sq ft
Single Family Residence
Type
1924
Year built
4,799 sq ft
Lot
129
Days on market

About this property

Opportunity knocks in North Seattle! 4,799 sq ft LR2 (M1) lot with street frontage plus alley access on two sides. Value is primarily in the land, with potential for future townhouse, rowhouse, or multifamily development. Existing cottage is livable and has been used as a rental/Airbnb, featuring 1 bedroom, 1 full bath, full kitchen, and laundry room—offering possible interim income or owner-use while planning. Detached garage plus 3 shipping containers that convey—two stacked 40' containers with power, plus one 20' container—ideal for shop, storage, studio, or project space. Fully fenced lot with chain-link fencing that also conveys, adding secure yard utility for storage, equipment, or pets. Excellent use-now/build-later opportunity for builders, investors, or creative owner-users. Buyer to verify all development potential, zoning, permits, and intended use to buyer’s satisfaction.

Location & commute

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Directions

Jeff's Neighborhood Guide

Get to know the Ballard/Greenlake area

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Property details

Listing details

Listing number
#2533855
Listed
June 4, 2026
Days on market
129
Price per sq ft
$1,000
Original list price
$699,000

Unit & building

Building
Oak Lake Villa Tracts Div 02
Unit levels
One

Parking

Parking
Detached Garage
Covered spaces
2
Total spaces
2

Construction

Year built
1924
Style
10 - 1 Story
Structure
House
Roof
CompositionTorch Down

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
Laminate

Appliances

Appliances
DryerRefrigeratorStove(s)/Range(s)Washer

Community & building features

Bus line nearby
Yes

Lot

Lot features
AlleyCorner LotPavedValue In Land
Lot size
4,799 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
Seattle
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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  • One
  • Detached Garage
  • House
  • Composition
  • Torch Down
  • Wall Furnace
  • None
  • Electric
  • Natural Gas
  • Laminate
  • Dryer
  • Refrigerator

Listing history

  1. Listed

    $699,000

    June 4, 2026

  2. Current price

    $650,000

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

$3,785

Principal & interest
$3,287
Property tax (est.)
$498

Assumes $130,000 down (20%), a $520,000 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 8:00 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.