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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Chris Bierrum, Real Broker LLC

Land
Type
34,162 sq ft
Lot
0
Days on market

About this property

Rare investment opportunity in a development-friendly community! Two separately platted lots totaling nearly one acre offer an exceptional canvas for a multifamily project in a rapidly evolving South King County submarket. Zoned MU-1 (multifamily), the property presents compelling potential for up to 12 townhomes or 22 apartment residences, subject to buyer verification and all applicable approvals. Set along historic Military Road near Rainier Golf & Country Club, this unique offering combines a surprisingly private setting with convenient access to Seattle, approximately 15 minutes away. Nearby single-family neighborhoods create an attractive residential backdrop, while proximity to major employment centers, shopping, dining, transit connections, and regional transportation corridors supports long-term rental and resale appeal. Whether envisioning a boutique townhome community, thoughtfully designed apartments, or a strategic land investment, the scale and flexibility of these two lots create exciting possibilities for builders today!! A rare chance to secure substantial multifamily-zoned land in a well-connected location at the doorstep of Seattle. Buyer to independently verify zoning, density, utilities, access, development capacity, and permitting requirements

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
#2596595
Listed
October 20, 2026
Days on market
0

Views

View
CityMountainsTerritorial

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot features
Paved
Lot size
34,162 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
AvailableIn Street
Sewer
On Property

Schools

District
Highline
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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  • City
  • Mountains
  • Territorial
  • None
  • Paved
  • Cash
  • Conventional
  • Electricity Connected
  • Natural Gas Available
  • Available
  • In Street
  • On Property

Listing history

  1. Listed

    $550,000

    October 20, 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

$3,203

Principal & interest
$2,781
Property tax (est.)
$422

Assumes $110,000 down (20%), a $440,000 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 20, 2026 at 4:45 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.