Listed by Erica Dorland, Lake & Company
- Land
- Type
- 129,373 sq ft
- Lot
- 45
- Days on market
About this property
Rare development opportunity on Vashon Island! This 3-acre undeveloped corner lot in rural Vashon township comes nearly shovel-ready with completed Design Development for a stunning 10,000 SF retail market, designed by the highly acclaimed team of Floisand Studio Architects and Karen Kiest, Landscape Architects. The plan features a thoughtful series of single-story retail spaces connected by skylit breezeways, encircling a multifunctional open-air courtyard designed for dining, community gatherings, and play — complete with a sustainable rainwater harvesting system. Positioned directly across from the original K2 manufacturing plant, this property offers highly desirable split zoning (Commercial Business & Residential), with potential to add residential units on the 1-acre residential-zoned portion. The property also includes 1 coveted District 19 water share. The north end of the market is perfectly positioned for a flagship anchor tenant, giving an investor or operator the ability to secure an immediate draw for the entire development from day one. Submit for permit and bring your dream team builder to execute this context-driven, enduring architectural landmark in a prime island location. A rare package of completed pre-development work — including Design Development documents, 95% Permit Drawings, Traffic Study, Geotech Report, Landscape Design, and Survey — puts this project years ahead of a typical ground-up acquisition.
Location & commute
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Jeff's Neighborhood Guide
Get to know the Vashon Island area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2574014
- Listed
- August 28, 2026
- Days on market
- 45
Views
- View
- Territorial
Construction
- Style
- 43 - Comm/Industrial
- Structure
- None
Lot
- Lot features
- Corner LotPaved
- Lot size
- 129,373 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- Share Available
- Sewer
- In Street
Schools
- District
- Vashon Island
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
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- Territorial
- None
- Corner Lot
- Paved
- Cash
- Conventional
- Electricity Available
- Natural Gas Available
- Share Available
- In Street
Listing history
Listed
$899,000
August 28, 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
$5,235
- Principal & interest
- $4,546
- Property tax (est.)
- $689
Assumes $179,800 down (20%), a $719,200 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.
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Based on information submitted to the MLS GRID as of October 12, 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.