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JRJeff ReynoldsCompass · Seattle
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Active

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

3
Bedrooms
2
Bathrooms
1,230
Square feet
$809
Per sq ft
Single Family Residence
Type
1947
Year built
86,697 sq ft
Lot
0
Days on market

About this property

Exceptional investment and development opportunity on 1.99 acres in a highly desirable location! This unique property features three income-producing homes, offering immediate rental revenue while you explore the property's future potential. Whether you're seeking a multi-generational compound, an income-generating investment, or your next development project, the possibilities are endless. The property includes a spacious 4-bedroom, 2-bath main home, a 3-bedroom, 1.5-bath residence, and a charming 3-bedroom, 2-bath log home, providing flexibility for multiple tenants, extended living, or owner occupancy. With water available in the street and sewer adjoining the property's south boundary, this property presents outstanding development potential while allowing you to generate rental income throughout the planning process. The true value lies in the land, making this an exceptional opportunity for investors, builders, and developers alike. Ideally located with convenient access to schools, shopping, dining, and major freeways, this rare offering combines strong current income potential with exciting possibilities for future growth. Don't miss your chance to secure this versatile and valuable property.

Location & commute

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Directions

Property details

Listing details

Listing number
#2573729
Listed
August 27, 2026
Days on market
0
Price per sq ft
$809

Unit & building

Unit levels
One

Parking

Parking
DrivewayDetached GarageRV Parking
Covered spaces
1
Total spaces
1

Construction

Year built
1947
Style
16 - 1 Story w/Bsmnt.
Structure
House
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
ElectricNatural GasWood

Interior features

Features
Dbl Pane/Storm WindowFireplace
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
Ceramic TileCarpet

Appliances

Appliances
DishwasherDryerRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
Dead End StreetPavedSecludedValue In Land
Lot size
86,697 sq ft

Terms

Terms offered
CashOwner Will Carry

Utilities

Water
Soos Creek
Sewer
Septic
Power
PSE

Schools

District
Kent
Elementary
Emerald Park Elem
Middle
Meeker Jnr High
High
Kentridge High

What stands out to you?

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  • One
  • Driveway
  • Detached Garage
  • RV Parking
  • House
  • Composition
  • Baseboard
  • None
  • Electric
  • Natural Gas
  • Wood
  • Dbl Pane/Storm Window

Listing history

  1. Listed

    $995,000

    August 27, 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

$5,794

Principal & interest
$5,031
Property tax (est.)
$763

Assumes $199,000 down (20%), a $796,000 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 27, 2026 at 5:00 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.