About this property

Builders and Investors Alert!! Exceptional investment opportunity in the highly sought-after Lower Kennydale neighborhood. This R-6 zoned property features preliminary short plat approval for three residential lots, offering builders and investors a significant head start on development. Each proposed lot has approximately 8600sqft, potential for a single-family residence and a DADU, providing the potential opportunity to develop up to six residential units. With much of the entitlement work already completed, this project offers reduced development timelines, lower carrying costs, and less upfront risk. Located in an established neighborhood with strong demand for new construction, the property is just minutes from I-405, Bellevue, Seattle, The Landing, Gene Coulon Memorial Beach Park, shopping, dining, and major employment centers. Whether your strategy is to build and sell, create a long-term rental portfolio, or pursue a combination of both, this property offers exceptional flexibility and upside.