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JRJeff ReynoldsCompass · Seattle

Listed by Jared Tadique, Penny Kingdom Realty

Land
Type
4,799 sq ft
Lot
39
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

Property details

Listing details

Listing number
#2535490
Listed
June 4, 2026
Days on market
39
Original list price
$699,000

Unit & building

Building
Oak Lake Villa Tracts Div 02

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot features
AlleyCorner LotPaved
Lot size
4,799 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
AvailableOn Property
Sewer
On Property

Schools

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

What stands out to you?

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  • None
  • Alley
  • Corner Lot
  • Paved
  • Cash
  • Conventional
  • Electricity Connected
  • Natural Gas Available
  • Available
  • On Property

Listing history

  1. Listed

    $699,000

    June 4, 2026

  2. Current price

    $679,000

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

$3,954

Principal & interest
$3,433
Property tax (est.)
$521

Assumes $135,800 down (20%), a $543,200 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.