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For Sale 39 Days Online
$7,750,000
16,500 Sqft Lot
No Garage
Incredible development opportunity in Eastlake, one block from Lake Union with two adjacent parcels zoned NC3P-55(M). This premium 16,494 sqft site offers unparalleled mixed-used development potential with a Master Use Permit for a 104-unit apartment complex or a 15-townhome community paired with versatile commercial space. Take advantage of Eastlake's beloved reputation and perpetually guaranteed demand for housing. Commutes to Downtown, UW, the Eastside, and SLU will never be easier. Situated just 2 mins from waterfront access, recreational activities, food, entertainment, I-5 & 520 - this location is perfectly positioned for both residents & businesses to thrive.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2320455
Listed by
Dustin Van Wyck, Windermere RE/Capitol Hill,Inc
Ian Porter, Windermere RE/Capitol Hill,Inc
Contact our
Eastlake
Real Estate Lead
John L. Scott
Phone...
Property History
Jan 15, 2025
Listed
$7,750,000
NWMLS #2320455
More
Listing Details
  • Status
    For Sale
  • Price
    $7,750,000
  • Original Price
    Same as current
  • List Date
    January 15, 2025
  • Last Status Change
    January 15, 2025
  • Last Update
    February 17, 2025
  • Days on Market
    39 Days
  • Cumulative DOM
    39 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2320455
  • Listing Broker
    Dustin Van Wyck
  • Listing Office
    Windermere RE/Capitol Hill,Inc
Monthly Payment Estimate
  • Principal and Interest
    $40,626 / month
  • Property Taxes
    $4,735 / month
  • Homeowners Insurance
    $481 / month
  • TOTAL
    $45,842 / month

  • based on 20% down
    ($1,550,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    0 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Res-Less than 1 Acre
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    16,500 sqft Lot
  • Lot Size Source
    KCR
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • 2024 Property Taxes
    $56,820 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Buyer To Verify
  • Middle
    Buyer To Verify
  • High School
    Buyer To Verify
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Views
  • City
    Lake
    Mountain(s)
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
  • Lot Features
    Alley
    Corner Lot
    Curbs
    Paved
    Sidewalk
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Sewer
    In Street
  • Water Source
    Available
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.50%
  • MLS Area #
    Area 700
  • Number of Photos
    5
  • Last Modification Time
    Monday, February 17, 2025 9:43 AM
  • System Listing ID
    5393261
Update Info
  • First For Sale
    2025-01-15 12:01:14
Listing details based on information submitted to the MLS GRID as of Monday, February 17, 2025 9:43 AM. 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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For Sale 39 Days Online
$7,750,000  
Offer Review: Anytime
NWMLS #2320455. Dustin Van Wyck, Windermere RE/Capitol Hill,Inc
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.