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JRJeff ReynoldsCompass · Seattle

Listed by Paul F. Mackay Jr, John L. Scott, Inc

1
Bedrooms
1
Bathrooms
500
Square feet
$1,316
Per sq ft
Single Family Residence
Type
1916
Year built
4,692 sq ft
Lot
0
Days on market

About this property

Development Opportunity in the Heart of West Seattle! Exceptional chance to unlock value on this generously sized parcel in a sought-after residential location. The property is improved with an approximately 500 sq. ft. home strategically positioned adjacent to the alley, creating a unique opportunity to retain the existing structure while exploring future development potential, subject to buyer verification and applicable regulations. Investors, builders, and developers will appreciate the flexibility this layout may offer for maximizing site utility and redevelopment options. Surrounded by established neighborhoods, parks, amenities, and convenient access to Alaska Junction, Lincoln Park, downtown Seattle, and major transportation routes, this property benefits from strong housing demand and ongoing neighborhood investment. The existing home may provide interim occupancy, rental income, guest quarters, or other possibilities while future plans are evaluated. Buyers are encouraged to conduct their own feasibility studies regarding zoning, lot configuration, utilities, permitting requirements, and development potential. Rare opportunity to secure a well-located parcel with upside potential in one of Seattle's most desirable neighborhoods. Whether seeking a land-bank investment, custom home site, cottage-style infill strategy, or redevelopment project, this property offers an attractive combination of location, flexibility, and future possibilities. Property sold as-is.

Location & commute

Add a destination, like work or the gym, for directions and drive time.

Directions

Jeff's Neighborhood Guide

Get to know the West Seattle 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.

Guides within this NWMLS search area. A search area covers more than one neighborhood.

Property details

Listing details

Listing number
#2599951
Listed
October 30, 2026
Days on market
0
Price per sq ft
$1,316

Unit & building

Building
WABASH
Unit levels
One

Parking

Parking
Attached CarportRV Parking
Covered spaces
1
Total spaces
3

Construction

Year built
1916
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
BaseboardWall Furnace
Cooling
None
Energy source
Electric

Lot

Lot features
AlleyPaved
Lot size
4,692 sq ft

Terms

Terms offered
CashRehab Loan

Utilities

Water
City of Seattle
Sewer
City of Seattle
Power
Seattle City Light

Schools

District
Seattle

What stands out to you?

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

  • One
  • Attached Carport
  • RV Parking
  • House
  • Composition
  • Baseboard
  • Wall Furnace
  • None
  • Electric
  • Alley
  • Paved
  • Cash

Listing history

  1. Listed

    $658,000

    October 30, 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

$3,831

Principal & interest
$3,327
Property tax (est.)
$504

Assumes $131,600 down (20%), a $526,400 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 30, 2026 at 6:10 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.

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