Listed by Ben Buckley, Windermere Real Estate Co.
- Land
- Type
- 5,765 sq ft
- Lot
- 45
- Days on market
About this property
LR2 (M1) redevelopment opportunity combining future development potential with strong interim income. Value is primarily in the land, ideal for townhomes or cottage housing at increased density. The existing home is in great condition and currently leased, while multiple powered outbuildings offer additional income or use flexibility. The 60-foot-wide lot is notably flat with no recorded ECAs. Proven development precedent next door with an 8-unit townhome project underway on an equivalent parcel. Excellent proximity to transit, including the RapidRide E Line, and convenient access to the Northgate Light Rail Station approximately one mile away by foot or bike.
Location & commute
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Get to know the Ballard/Greenlake area
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Property details
Listing details
- Listing number
- #2581500
- Listed
- September 12, 2026
- Days on market
- 45
Construction
- Style
- 40 - Res-Less thn 1 Ac
- Structure
- None
Lot
- Lot features
- Paved
- Lot size
- 5,765 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity ConnectedNatural Gas Available
- Water
- On Property
- Sewer
- On Property
Schools
- District
- Seattle
What stands out to you?
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- None
- Paved
- Cash
- Conventional
- Electricity Connected
- Natural Gas Available
- On Property
Listing history
Listed
$650,000
September 12, 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
$3,785
- Principal & interest
- $3,287
- Property tax (est.)
- $498
Assumes $130,000 down (20%), a $520,000 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.
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Based on information submitted to the MLS GRID as of October 27, 2026 at 6:00 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.