All homes

$1,050,000

Reduced $100,000 — was $1,150,000

3101 Walden Street

Seattle, WA 98144

Active
Territorial view

Beds

2

Baths

1

Sq Ft

610

Lot

0.17 ac

Year built

1963

Type

Residential

Days listed

152

MLS #

2508686

About this home

Prime development opportunity in Seattle’s rapidly growing Mount Baker neighborhood. Positioned on a desirable corner lot, this LR2-zoned property offers exceptional flexibility for builders and investors—ideal for townhomes, small multifamily (2–4 units), or a larger-scale apartment or condo project (buyer to verify). The existing home is livable, with a long-term tenant recently vacated, but the true value lies in the land and its development potential. All utilities are available on-site, helping streamline the entitlement and building process. The flat, usable lot configuration further enhances efficiency for site planning and construction. Located just minutes from the Mount Baker light rail station, this property offers strong transit-oriented appeal, making it highly attractive for future residents and renters alike. Convenient access to I-90 provides quick connectivity to I-5, I-405, downtown Seattle, Bellevue, and beyond. This central location continues to see strong growth, driven by infrastructure, accessibility, and increasing housing demand. The seller has not pursued full development, creating an opportunity for the next owner to step in and unlock the site’s full potential. Seller is open to working with buyers exploring a mid-sized project. Opportunities like this—combining zoning flexibility, location, and upside—are increasingly rare in this high-demand corridor. Bring your vision and capitalize on the growth of Mount Baker.

Interior features

Water Heater

Exterior features

Wood Products

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Forced Air
Cooling
None
Parking
Detached Garage
View
Territorial
Lot
Corner Lot
Water source
Public
Sewer
Available
Levels
One

Costs

Price / sq ft
$1,721
Annual taxes
$10,382 (2025)

Estimate your monthly payment

$6,175/mo

Principal & interest
$5,309
Property taxes
$865
Loan amount $840,000

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 98144

Approximate location. Contact us to confirm the exact address.

Listing courtesy of John L. Scott, Inc— Paul F. Mackay Jr.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.

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