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JRJeff ReynoldsCompass · Seattle

Listed by Keith Reed, Windermere Real Estate Co.

Land
Type
4,000 sq ft
Lot
0
Days on market

About this property

Few sites along the north shore of Lake Union offer this combination of views, setting and development potential. Set on an elevated corner at the seam of Upper Fremont and the Fremont Urban Village, 3951 Evanston Ave N combines broad existing views with seller-commissioned preliminary architectural analysis exploring residential possibilities.The study indicates potential eligibility for up to 2.0 FAR and explores options from one or two custom residences or home + ADU to configurations of up to six dwellings. NR zoning is not currently subject to MHA fees, adding to the site's redevelopment appeal.Existing ground-level views extend across the Seattle skyline, Space Needle, Mount Rainier, Olympic Mountains, Ship Canal/Aurora Bridge and Queen Anne, with potential for broader views at greater elevation. The quiet dead-end lane is framed by mature big-leaf maples, with a Tier 2 Deodar cedar retained in the preliminary concept.Upper Fremont offers Fremont Peak Park and Marketime Foods, while the Fremont Urban Village adds PCC, restaurants, the Burke-Gilman Trail and convenient connections to South Lake Union and downtown.The existing bungalow provides near-term occupancy and holding flexibility. Seller due-diligence materials include the preliminary massing study and supporting property information. Development concepts and metrics are preliminary and informational only; buyer to independently verify development capacity, feasibility, views and all property information.

Location & commute

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Directions

Jeff's Neighborhood Guide

Get to know Fremont

Jeff's Fremont profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.

Also nearby, within the same NWMLS search area.

Property details

Listing details

Listing number
#2589022
Listed
October 6, 2026
Days on market
0
Original list price
$1,265,000

Unit & building

Building
Days B F 1st Add

Parking

Parking
Garage

Views

View
CityLakeMountainsSee RemarksTerritorial

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot features
Corner LotCurbsDead End StreetPavedSecludedSidewalk
Lot size
4,000 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
On Property
Sewer
On Property

Schools

District
Seattle
Elementary
Bf Day
Middle
Hamilton Mid
High
Lincoln High

What stands out to you?

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

  • Garage
  • City
  • Lake
  • Mountains
  • See Remarks
  • Territorial
  • None
  • Corner Lot
  • Curbs
  • Dead End Street
  • Paved
  • Secluded

Listing history

  1. Listed

    $1,265,000

    October 6, 2026

  2. Current price

    $1,175,000

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

$6,842

Principal & interest
$5,941
Property tax (est.)
$901

Assumes $235,000 down (20%), a $940,000 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 October 27, 2026 at 1:45 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.