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JRJeff ReynoldsCompass · Seattle

702 S Director Street, Seattle, WA 98108

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Active

Listed by Laura Lynn, COMPASS

Active0 days on market

$775,000

$520 per sq ft

702 S Director Street, Seattle, WA 98108

Seattle, WA, 98108

Beds
3
Baths
1
Sq ft
1,490
Built
1941
Parking
Off Street, RV Parking
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

3
Bedrooms
1
Bathrooms
1,490
Square feet
$520
Per sq ft
Single Family Residence
Type
1941
Year built
6,000 sq ft
Lot
0
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
#2548900
Listed
July 30, 2026
Days on market
0
Price per sq ft
$520

Unit & building

Building
South Park
Unit levels
One

Parking

Parking
Off StreetRV Parking

Views

View
Territorial

Construction

Year built
1941
Style
10 - 1 Story
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
6,000 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

Listing history

  1. Listed

    $775,000

    July 30, 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

$4,513

Principal & interest
$3,919
Property tax (est.)
$594

Assumes $155,000 down (20%), a $620,000 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 30, 2026 at 11:01 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.