8315 Ravenna Avenue NE, Seattle, WA 98115

$875,000
3
BD
1
BA
910
SqFt

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Listing courtesy of COMPASS.

List Price
$875,000
Status
PENDING FEASIBILITY
MLS#
2529432
Days on Market
65
Bedrooms
3
Finished SqFt
910
Area Total SqFt
910
Annual Tax Ammount
1654
Lot Size (sq ft)
10,896
Sewer
Available, Sewer Connected

Property Description

Prime Ravenna development opportunity with much of the front-end diligence already completed. The preliminary architectural plans envision 7 modern style 1,600+ sqft townhomes, positioned in one of Seattle's most sought-after residential neighborhoods. A substantial amount of due diligence has already been completed, including survey, geotech report, arborist report, wetlands study, and civil engineering proposal. The groundwork has been laid, allowing the next owner to focus on advancing permits and bringing the project to completion. Ravenna has strong buyer demand with its proximity to the University District, Green Lake, light rail, parks, restaurants, and more making this an ideal site for new construction. Opportunities with this level of preparation and upside are rare. Acquire a site with momentum already in place and capitalize on the value created through entitlement and build out.

Additional Information

Community
Wedgwood
Style
11 - 1 1/2 Story
Basement
None
Year Built
1942
Total Covered Parking
1
Roof
Composition
Site Features
Deck, Fenced-Fully
Tax Year
2025
School District
Seattle
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Dbl Pane/Storm Window
Flooring
Hardwood, Vinyl Plank
Driving Directions
Use GPS.
Appliance
Dryer, Microwave, Refrigerator, Washer
Appliances Included
Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Energy Source
Electric, Wood
Based on information submitted to the MLS GRID as of . 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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