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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Jonathan D. Bye, John L. Scott, Inc

3
Bedrooms
1
Bathrooms
1,170
Square feet
$940
Per sq ft
Single Family Residence
Type
1908
Year built
4,273 sq ft
Lot
0
Days on market

About this property

Welcome to the Mt. Baker Development Site, a premier urban infill development opportunity. Positioned on a prominent corner parcel, the site consists of approximately 4,800 square feet and benefits from NC3-75 (M) zoning, allowing for a wide range of mixed-use and residential development opportunities. Current ownership has completed plans and permits for a 40-unit apartment building with ground-floor retail, significantly reducing development timelines and creating an immediate path to construction for a future owner. In addition to the approved apartment concept, the property's zoning and location may support alternative development strategies, including townhomes or revised multifamily layouts with larger unit configurations, subject to buyer verification and municipal approvals. The site is strategically located within Seattle’s highly desirable Mt. Baker neighborhood. The area continues to attract substantial residential and mixed-use investment due to its proximity to major employment centers and transportation infrastructure. Residents benefit from convenient access to both the Mt. Baker and Beacon Hill Light Rail Stations, providing direct connectivity to Downtown Seattle, Bellevue, Sea-Tac Airport, and the broader Puget Sound region. Located within one of Seattle’s most transit-oriented and rapidly evolving neighborhoods, the property offers developers the opportunity to capitalize on strong residential demand and favorable zoning.

Location & commute

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Directions

Property details

Listing details

Listing number
#2573248
Listed
August 25, 2026
Days on market
0
Price per sq ft
$940

Unit & building

Unit levels
One and One Half

Parking

Parking
Off Street

Construction

Year built
1908
Style
17 - 1 1/2 Stry w/Bsmt
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
Electric

Lot

Lot features
Corner LotCurbsSidewalk
Lot size
4,273 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
Seattle
Elementary
Thurgood Marshall El
Middle
Wash Mid
High
Franklin High

What stands out to you?

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

  • One and One Half
  • Off Street
  • House
  • Composition
  • Forced Air
  • None
  • Electric
  • Corner Lot
  • Curbs
  • Sidewalk
  • Cash
  • Conventional

Listing history

  1. Listed

    $1,100,000

    August 25, 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

$6,405

Principal & interest
$5,562
Property tax (est.)
$843

Assumes $220,000 down (20%), a $880,000 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 August 25, 2026 at 7:45 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.