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JRJeff ReynoldsCompass · Seattle
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Listed by Corrie Watterson, Windermere R E Mount Baker

Land
Type
5,000 sq ft
Lot
15
Days on market

About this property

Ideally-located view property in the quiet, leafy Arboretum neighborhood of East Capitol Hill. Renovate or redevelop this 2-level, 3-bedroom, 1.5-bath home on a generous 5000 sq ft lot. On a charming side street of $2M+ homes, just blocks from Madison Valley's excellent restaurants, cafés, boutique shops, Washington Park Arboretum, and the new PCC grocery store. 88 WalkScore. Home offers territorial, Cascade mountain, and Bellevue city views from both floors - even better views unlocked by redeveloping to 3+ stories. Zoned Neighborhood Residential inside a Frequent Transit Service Area and Major Transit Stop walkshed (no parking required). Blocks to express bus to downtown, 8, 11, 43, 48 buses. Lot measures 50' of street frontage x 100' deep. Seller-provided information includes title commitment, adjacent property survey, and consulting arborist report & tree inventory. Or, invest in a cosmetic rehab of this solid 1964 home, which features 3 bedrooms and 1.5 baths on the main floor, oak hardwoods, views from the east-facing rooms, newer windows, primary with half bath and balcony, and copper plumbing. Downstairs, find a finished full-height daylight basement with French doors opening to a large deck and territorial views - perfect for future ADU or expansion potential. Two off-street driveway parking spots. Home is livable with a coat of paint - rent while you plan to redevelop. Buyer to verify all development options, ECA, and tree conditions with SDCI. Sold at land value.

Location & commute

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Directions

Property details

Listing details

Listing number
#2587694
Listed
September 25, 2026
Days on market
15 (includes a prior listing period)

Unit & building

Building
Madison St Add

Views

View
CityMountainsSee RemarksTerritorial

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot features
CurbsPavedSidewalk
Lot size
5,000 sq ft

Terms

Terms offered
CashConventionalRehab Loan

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
AvailableOn Property
Sewer
On Property

Schools

District
Seattle
Elementary
Mc Gilvra
Middle
Meany Mid
High
Garfield High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • City
  • Mountains
  • See Remarks
  • Territorial
  • None
  • Curbs
  • Paved
  • Sidewalk
  • Cash
  • Conventional
  • Rehab Loan
  • Electricity Connected

Listing history

  1. Listed

    $849,500

    September 25, 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

$4,947

Principal & interest
$4,296
Property tax (est.)
$651

Assumes $169,900 down (20%), a $679,600 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 September 25, 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.