About this home

Rare Madrona Development Opportunity! This 5,895 sq ft lot is ideally located on a quiet street just blocks from Lake Washington, parks, and neighborhood cafes. Zoned NR3 with 45' of street frontage, the lot is well-suited for a 2–3 story modern home up to ~2,900 sq ft. The slope is perfect for a basement garage design, preserving a spacious backyard. Water, sewer, and natural gas are available in the street. Potential for views from upper floors. Whether you’re a builder or future homeowner, this property offers a prime opportunity to create a custom home in one of Seattle’s most sought-after neighborhoods. Buyer to verify all development potential.

Schools

Elementary

Madrona Elementary

Middle

Wash Mid

High

Garfield High

Property details

View: Lake, Partial
Lot: Paved
Water source: In Street
Sewer: In Street
Utilities: Electricity Available, Natural Gas Available

Costs

Annual taxes: $7,018 (2025)

Estimate your monthly payment

$3,492/mo

Principal & interest: $2,908
Property taxes: $585

Down payment (20%) $115,000 Interest rate (%) Loan term (years)

Loan amount $460,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98122

Approximate location. Contact us to confirm the exact address.

Listing courtesy of eXp Realty— Jason Windom.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.