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JRJeff ReynoldsCompass · Seattle
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Listed by Tyler Thomas, Pellego, Inc.

Land
Type
3,500 sq ft
Lot
0
Days on market

About this property

Permits issued for this shovel-ready Magnolia development opportunity with views toward Salmon Bay. Approved plans for two detached, three-story homes of approximately 2,300 SF each, with full-sized garages, private patios, and rooftop decks. The opportunity covers only the rear 70 feet of the lot; the existing single-family residence is not included. The development site is accessed from a finished alley with a shared parking court. Individual water meters, overhead power, and no street improvements. This offering is an assignment of the purchase and sale agreement for the rear portion. Closing will be structured as a condominium, with a Unit Lot Subdivision (ULS) to be submitted during construction. Plans, permits, and feasibility materials available upon request.

Location & commute

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Directions

Property details

Listing details

Listing number
#2586603
Listed
September 29, 2026
Days on market
0

Homeowners association

HOA dues
$5 monthly
Dues include
See Remarks

Views

View
BayGolf CoursePartial

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot size
3,500 sq ft

Terms

Terms offered
CashOwner Will Carry

Utilities

Utilities
Electricity AvailableNatural Gas AvailableSee Remarks
Water
AvailableIn Street
Sewer
In Street

Schools

District
Seattle
Elementary
Dessie F. Evans Elementary
Middle
Mc Clure Mid
High
Ballard High

What stands out to you?

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  • See Remarks
  • Bay
  • Golf Course
  • Partial
  • None
  • Cash
  • Owner Will Carry
  • Electricity Available
  • Natural Gas Available
  • Available
  • In Street

Listing history

  1. Listed

    $675,000

    September 29, 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

$3,936

Principal & interest
$3,413
Property tax (est.)
$518
HOA dues
$5

Assumes $135,000 down (20%), a $540,000 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 29, 2026 at 3:45 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.