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JRJeff ReynoldsCompass · Seattle
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Listed by Ben Buckley, Windermere Real Estate Co.

Land
Type
5,765 sq ft
Lot
0
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

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2581500
Listed
September 12, 2026
Days on market
0

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

  1. 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of September 12, 2026 at 3:00 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.