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For Sale 7 Days Online
$3,850,000
13,500 Sqft Lot
No Garage
This is a rare opportunity to redevelop in one of Seattle’s A+ neighborhoods. The site is located on a corner lot off of 40th Avenue NE, just steps away from Seattle Children’s Hospital, and minutes from the University Village and the University of Washington. The site consists of three contiguous lots that are all 4,500 square feet, totaling 13,500 square feet of land and are zoned LR2 (M). Currently on each lot, there is a single-family rambler with a total of 2,710 rentable SqFt spread across the three homes. The zoning allocates a 1.4 FAR allowing a developer to build 18,900 SqFt of rentable space, which correlates to 12-14 townhouses (Buyer to verify).
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2339925
Listed by
Ben Douglas, Paragon Real Estate Advisors
Michael Urquhart, Paragon Real Estate Advisors
Contact our
Bryant
Real Estate Lead
John L. Scott
Phone...
Property History
Mar 05, 2025
Listed
$3,850,000
NWMLS #2339925
Oct 23, 2023
Listed
$4,395,000
NWMLS #2174185
More
Listing Details
  • Status
    For Sale
  • Price
    $3,850,000
  • Original Price
    Same as current
  • List Date
    March 5, 2025
  • Last Status Change
    March 5, 2025
  • Last Update
    March 11, 2025
  • Days on Market
    7 Days
  • Cumulative DOM
    7 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2339925
  • Listing Broker
    Ben Douglas
  • Listing Office
    Paragon Real Estate Advisors
Monthly Payment Estimate
  • Principal and Interest
    $20,182 / month
  • Property Taxes
    / month
  • Homeowners Insurance
    $264 / month
  • TOTAL
    $20,446 / month

  • based on 20% down
    ($770,000)
  • 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
    13,500 sqft Lot
  • Lot Size Source
    King County
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • Property Taxes
    Unspecified
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Sewer
    Available
  • Water Source
    Available
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 710
  • Number of Photos
    9
  • Last Modification Time
    Tuesday, March 11, 2025 11:09 AM
  • System Listing ID
    5406230
Update Info
  • First For Sale
    2025-03-05 10:16:48
Listing details based on information submitted to the MLS GRID as of Tuesday, March 11, 2025 11:09 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 7 Days Online
$3,850,000  
Offer Review: Anytime
NWMLS #2339925. Ben Douglas, Paragon Real Estate Advisors
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.