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JRJeff ReynoldsCompass · Seattle

Listed by Chao Wei, Specialty Real Estate Group

Land
Type
14,586 sq ft
Lot
44
Days on market

About this property

Attention Builders and Developers! Permit-ready 12-unit residential development opportunity in Seattle’s South Park neighborhood. Rare opportunity to acquire a substantially entitled project with the construction permit ready for pickup and demolition permit already issued —positioning the buyer to move directly toward construction after closing rather than starting the approval process from scratch. Prime development site featuring a massive 14,586 SF flat lot. The project includes 12 units ranging from 930 SF to 1,180 SF, with two alternating functional layouts: 2 bedrooms/1.75 baths and 2 bedrooms/2.5 baths. Each unit includes its own dedicated parking space. Plans are included in the list price and available upon request.

Location & commute

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Directions

Jeff's Neighborhood Guide

Get to know the Burien/Normandy Park 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
#2583503
Listed
September 16, 2026
Days on market
44

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot size
14,586 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
  • Cash
  • Conventional
  • Electricity Connected
  • Natural Gas Available
  • On Property

Listing history

  1. Listed

    $1,399,500

    September 16, 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

$8,150

Principal & interest
$7,077
Property tax (est.)
$1,073

Assumes $279,900 down (20%), a $1,119,600 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 November 1, 2026 at 12:00 AM 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.

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