About this property

Ideally-located view property in the quiet, leafy Arboretum neighborhood of East Capitol Hill. Renovate or redevelop this 2-level, 3-bedroom, 1.5-bath home on a generous 5000 sq ft lot. Located on a charming side street of $2M+ homes, just blocks from Madison Valley's bounty of excellent restaurants, cafés, boutique shops, Washington Park Arboretum, and the new PCC grocery store. Home offers territorial, Cascade mountain, and Bellevue city views from both floors - with even better views unlocked by redeveloping to 3+ stories. A cosmetic rehab will unlock value in this solid 1964 home, which features 3 bedrooms and 1.5 baths on the main floor, oak hardwoods, views from the east-facing rooms, newer windows, primary with half bath and balcony, and copper plumbing. Downstairs, find a finished full-height daylight basement with French doors opening to a large deck and territorial views - perfect for future ADU or expansion potential. Two off-street driveway parking spots. Developers, investors, or those seeking long-term upside: 50' street frontage x100' deep lot, zoned Neighborhood Residential inside a Frequent Transit Service Area and Major Transit Stop walkshed (no parking required). Blocks to express bus to downtown + 8, 11, 43, & 48 buses. Seller-provided information packet includes title commitment, adjacent property survey, and consulting arborist report & tree inventory. Sold at land value. Buyer to verify development potential, ECA, and tree conditions with SDCI.