All homes

$1,500,000

Reduced $1,300,000 — was $2,800,000

3905 Avalon Way

Seattle, WA 98126

Active

Beds

Baths

Sq Ft

Lot

0.74 ac

Year built

Type

Land

Days listed

141

MLS #

2495577

About this home

West Seattle Development Site – 32,305 SF | Multifamily or Townhome Potential Near Future Light Rail Exceptional opportunity to acquire a 32,305 SF (.742-acre) vacant land site in the highly desirable West Seattle submarket. Zoned for multifamily residential use, this unentitled property offers significant development potential in a supply-constrained Seattle location. Preliminary feasibility indicates the potential for approximately 110-unit apartment development or up to 21 townhome units, allowing flexibility for a variety of residential strategies. The site is positioned adjacent to existing apartment and condominium communities, supporting strong market fundamentals and proven demand for multifamily housing. Utilities including sewer, water, gas, and electricity are available in the street. Located along SW Avalon Way, the property benefits from strong connectivity to Downtown Seattle via the West Seattle Bridge and is within walking distance to the planned West Seattle light rail expansion (estimated completion 2032), enhancing long-term transit-oriented development potential. West Seattle continues to attract residents seeking relative affordability, neighborhood character, and proximity to employment centers. The area is supported by access to retail, dining, recreation, and waterfront amenities. Reports completed include drainage, geotechnical, and topographical studies. Buyer to verify all development potential, zoning, and feasibility.

Schools

High

West Seattle High

Property details

Water source
Available, In Street
Sewer
Available, In Street
Utilities
Electricity Available, Natural Gas Available

Costs

Annual taxes
$12,769 (2025)

Estimate your monthly payment

$8,649/mo

Principal & interest
$7,585
Property taxes
$1,064
Loan amount $1,200,000

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 98126

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Berkshire Hathaway HS NW— Martin J. Ho.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.

No spam. We'll only reach out about your search.