Skip to content
JRJeff ReynoldsCompass · Seattle
Photo Unavailable
Active

Listed by Jennifer Wallin, KW Greater Seattle

2
Bedrooms
1
Bathrooms
800
Square feet
$691
Per sq ft
Single Family Residence
Type
1950
Year built
3,300 sq ft
Lot
0
Days on market

About this property

Investment opportunity in one of Seattle's most sought-after neighborhoods! Offered for the first time in over 60 years, this 2-bedroom, 1-bath home presents a rare chance to create value in a prime location between Madrona and the Central District. Situated on a quiet residential street just blocks from Lake Washington, the property offers incredible potential for investors, builders, flippers, or buyers with vision. The existing 720-square-foot home features a functional floor plan and provides a solid starting point for renovation, expansion, or redevelopment. Surrounded by established homes and ongoing neighborhood investment, this is an opportunity to secure a foothold in an area where demand continues to grow. Enjoy easy access to parks, waterfront recreation, acclaimed restaurants, coffee shops, shopping, and high-end grocery stores, all while maintaining the charm and community feel that make this neighborhood so desirable. Whether you're looking to restore, reimagine, or build new, opportunities like this are becoming increasingly rare. Bring your ideas and unlock the potential of this exceptional in-city property.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2571755
Listed
August 20, 2026
Days on market
0
Price per sq ft
$691

Unit & building

Unit levels
One

Parking

Parking
DrivewayAttached Garage
Covered spaces
1
Total spaces
1

Construction

Year built
1950
Style
16 - 1 Story w/Bsmnt.
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
Natural Gas

Flooring

Flooring
VinylCarpet

Appliances

Appliances
DryerStove(s)/Range(s)Washer

Lot

Lot features
CurbsPaved
Lot size
3,300 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Public
Sewer
Available

Schools

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

What stands out to you?

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

  • One
  • Driveway
  • Attached Garage
  • House
  • Composition
  • Forced Air
  • None
  • Natural Gas
  • Vinyl
  • Carpet
  • Dryer
  • Stove(s)/Range(s)

Listing history

  1. Listed

    $552,950

    August 20, 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

$3,220

Principal & interest
$2,796
Property tax (est.)
$424

Assumes $110,590 down (20%), a $442,360 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 August 20, 2026 at 11:15 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.