About this home

Rare Central District LR1 (M) redevelopment opportunity on a 4,680 SF lot near the 23rd Ave corridor. Located in the Central District Urban Center with Frequent and Major Transit Service Area status. Current LR1 zoning supports townhouses, rowhouses, small apartments, live-work, and other allowed residential uses; buyer to verify. Lake Washington water views visible from front yard with stronger upper-level view potential. Existing 1902 dwelling sold as-is; value in land/redevelopment. Proposed One Seattle Plan Lowrise standards show potential 42 ft height and 2.0 FAR for qualifying stacked-flat projects; buyer to verify. No mapped ECA steep slope, wetland, flood, liquefaction, or heritage tree per SDCI report. Do not disturb occupants. No interior access without seller approval after buyer qualification. Proof of funds required. Seller guidance: $1,395,000.

Property details

Lot: Corner Lot, Curbs, Sidewalk
Water source: On Property
Sewer: On Property
Utilities: Electricity Connected, Natural Gas Available

Costs

Annual taxes: $7,242 (2026)

Estimate your monthly payment

$7,657/mo

Principal & interest: $7,054
Property taxes: $604

Down payment (20%) $279,000 Interest rate (%) Loan term (years)

Loan amount $1,116,000

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 MLS4owners.com— Chris C. Nye.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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