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JRJeff ReynoldsCompass · Seattle

Listed by Dave Smith, Kelly Right RE of Seattle LLC

Land
Type
55,000 sq ft
Lot
46
Days on market

About this property

Investor Opportunity-Possible Rental Property! Seller will consider build to suit or a 1031 exchange. Fully Approved Permit Ready 13-unit Townhome fee simple development site just north of downtown Kenmore WA. All utilities completed, permits ready for pickup architectural approved plans included in the price. There are three affordable units required and a fee in lieu to avoid the affordable units. In addition to the townhome site there is one single-family lot with all utilities in that is also permit ready.

Location & commute

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Directions

Jeff's Neighborhood Guide

Get to know Kenmore and Bothell

Jeff's Kenmore and Bothell profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2580031
Listed
September 8, 2026
Days on market
46
Original list price
$4,800,000

Unit & building

Building
Kenmore Station

Views

View
Territorial

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Dead End Street
Lot size
55,000 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
Available
Sewer
On Property

Schools

District
Northshore
Elementary
Kenmore Elem
Middle
Kenmore Middle School
High
Inglemoor Hs

What stands out to you?

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  • Territorial
  • None
  • Dead End Street
  • Cash
  • Conventional
  • Electricity Connected
  • Natural Gas Available
  • Available
  • On Property

Listing history

  1. Listed

    $4,800,000

    September 8, 2026

  2. Current price

    $4,150,000

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

$24,167

Principal & interest
$20,985
Property tax (est.)
$3,182

Assumes $830,000 down (20%), a $3,320,000 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 October 24, 2026 at 7:00 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.