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$1,600,000
2445402 MLS ⋅ ACTIVE Status
Exceptional development parcel in West Seattle’s Alki–Admiral corridor, offering a rare combination of immediate income and long-term development potential. The property’s existing drive-thru coffee tenant provides steady cash flow to offset carrying costs during the entitlement. Zoned C1-55(M), the site allows for a gross buildable area of approximately 32,250 SF, accommodating 46 residential units and 23 parking stalls. Developers and owner-users alike can take advantage of the 55-foot height limit to capture potential panoramic views of Elliott Bay and the Seattle skyline. Minutes from the West Seattle Bridge, Alki Beach, and Downtown, this property offers a prime investment opportunity in a highly desirable location.

2255 Harbor Ave SW, Seattle

Listing courtesy of WPI Real Estate Services, Inc..

$1,588,000
2518843 MLS ⋅ ACTIVE Status
PERMIT READY & included in the list price! Discover the ultimate investment opportunity in South Beacon Hill — 12 approved units ready to be built. Each unit has an open floor plan with sweeping Boeing Field views. It includes 10 reserved parking spaces. It is ideally within walking distance of transit options, including bus and light rail, and just minutes from the Museum of Flight, local golf courses, Kubota Gardens, downtown Seattle, South Center Mall, & SeaTac Airport. This subdivided lot includes an existing rented Single Family Residential dwelling used to generate income until construction begins.

8663 Beacon Avenue S, Seattle

Listing courtesy of Keller Williams Rlty Bellevue.

$1,500,000
2495577 MLS ⋅ ACTIVE Status
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.

3905 SW Avalon Way, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$1,500,000
2469300 MLS ⋅ ACTIVE Status
Three pieces of residential land with new FAR 1.2 to 1.8. Square but sloppy on the public street. On the pretty flat plot so have a better view. New zoning residential build about 12 to 35 residential units. Please check with the city for accurate new land use and building codes. This development is in a recluse area between busy Rainier Ave S & MLK Jr wat S. Nearby Mt Baker Light Rail Station and frequent bus stations. Easy access to I-90 & I-5, and the bridge to SW & Seattle Downtown. Nearby businesses (Safeway, QFC, Lowe's, Asian Markets, banks, etc.) Nearby Franklin High School & Seattle Fire Station 30.

0 TBD S Charlestown St Street, Seattle

Listing courtesy of Nguyen Realty.

$1,400,000
2530638 MLS ⋅ ACTIVE Status
Prime corner lot development opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. This 3,600 SF corner parcel is zoned LR2(M), unlocking increased height and density potential beyond standard LR2. The Mandatory Housing Affordability designation allows for up to 40-foot building height and 1.6 FAR — meaning up to approximately 5,760 buildable square feet — in exchange for an affordable housing contribution or on-site inclusion requirement. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional utility for parking, services, and building ingress. New multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation. Located within walking distance of Swedish Hospital Cherry Hill, Seattle University (0.6 miles), and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for future tenants. Buyer to verify all zoning, permitting, and development feasibility with the City of Seattle SDCI

601 21st Avenue, Seattle

Listing courtesy of Asay Realty.

$1,400,000
2459242 MLS ⋅ ACTIVE Status
Builder/Investor/Developer Alert! Exceptional opportunity for a fully entitled, permits PAID, multifamily development in one of Seattle’s most desirable rental submarkets. Ballard Urban Village approved 26-unit apartment zoned LR2 (M1). 0 parking requirements, cost savings/improved project feasibility. Approved plans for a 4-story plus basement, Type V-A construction building featuring an efficient micro-unit / SEDU program optimized for strong rent-per-square-foot performance. Unit sizes range approximately 225–330 square feet, each designed to meet or exceed Seattle code requirements for habitable space and storage. Includes indoor bike storage, shared outdoor amenity space, and thoughtfully integrated landscaping. Design Review and all SDCI permit corrections have been completed, with construction documents approved.issued. MHA requirements have been satisfied on-site, eliminating future affordability uncertainty. The architectural design features articulated façades, projecting bay windows, durable exterior materials, and residential-scaled massing that integrates seamlessly with the surrounding neighborhood. Situated near transit, major employment centers, restaurants, retail, and everyday amenities, this offering presents a rare opportunity for developers/investors seeking a shovel-ready, low-entitlement-risk apartment project in a high-demand Ballard location. All plans, approvals, and due diligence materials are included in list price.photos contain renderings.

927 NW 57th Street, Seattle

Listing courtesy of KW Lake Washington So.

$1,300,000
2500110 MLS ⋅ ACTIVE Status
Claim a truly extraordinary waterfront setting along Lake Washington, featuring an impressive 97’ of coveted shoreline. Spanning 0.41 acres, this east-facing homesite captures panoramic vistas across shimmering water toward the Seattle skyline and the dramatic North Cascades beyond. Start mornings with glowing sunrises and unwind in a serene, private environment ideal for designing a bespoke lakefront masterpiece. Access is effortless by land, water, or seaplane, adding to the property’s rare appeal and sense of escape. Close to lush parks, winding trails, and premier dining and retail, the location balances peaceful waterfront living with everyday convenience. This offering represents not just a residence, but a lasting waterfront legacy.

11136 Rainier Avenue S, Seattle

Listing courtesy of Windermere Real Estate/East.

$1,300,000
2485451 MLS ⋅ ACTIVE Status
Reduced Price! DEVELOPMENT POTENTIAL in Freemont ~ Zoned LM1 (M) Residential Lot Size 5,000 sf, Allowed Units 4–6 units depending on design. Possible FAR Up to 1.2 FAR (~6,000 sf), Potential Unit Types include flats, stacked flats, townhouses, row houses & ADUs. 4 principal units + 1–2 ADUs (detached or attached). Max Height 32', depending on configuration. ADUs can be up to ~1,000 sf each (subject to design compliance). Under updated 2025 "Middle Housing" rules, residential lots in Seattle now support a baseline of 4 units, more if next to transit and affordable housing is added to the mix. Buyer to verify all information to their own satisfaction. We are entertaining ALL OFFERS!

4309 Evanston Avenue N, Seattle

Listing courtesy of Windermere Real Estate/HLC.

$1,295,000
2440345 MLS ⋅ ACTIVE Status
North Beacon Hill development site, zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex that currently generates $63,000 in gross annual income, providing immediate cash flow for investors during the pre-development or entitlement process. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This dual profile makes the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.

1306 S Bayview Street, Seattle

Listing courtesy of Urban Commercial Partners, LLC.

$1,200,000
2539198 MLS ⋅ ACTIVE Status
Exceptional redevelopment opportunity in Seattle’s rapidly growing Brighton neighborhood, just minutes from the Link Light Rail station for easy access to Downtown Seattle, Sea-Tac Airport, and the entire regional transit network. This 15,568sqft (.357 acre) level lot offers outstanding potential for builders, developers, and investors seeking a prime transit-oriented development site. The property currently features a 3-bedroom home with 1,460sqft, but the true value is in the land, making it ideal for new construction, townhome development, or other residential redevelopment opportunities (buyer to verify zoning and development options). The generous lot size, level topography, and paved street access create a flexible site for multiple townhomes, cottage housing, or other urban infill housing concepts. Located in one of South Seattle’s fastest-developing corridors, the property is surrounded by neighborhood amenities, parks, restaurants, and everyday conveniences. The nearby light rail station dramatically enhances long-term value, making this an attractive site for transit-oriented housing that appeals to commuters and urban lifestyle buyers. Whether you are a builder looking for your next townhome project, a developer seeking a transit-focused site, or a land bank investor planning future redevelopment, this property offers exceptional upside in a strategic Seattle location.

4422 S Myrtle Street, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$1,200,000
2518668 MLS ⋅ ACTIVE Status
48,925 SF - 6 tax parcels - of NR2 Zoned land located near Kubota Gardens. Neighborhood Residential (NR2) zoning allows for a developer to build four standalone dwelling units on each of the six tax parcels for a total of 24 detached residences on ±1.12 acres. This is one of the few large contiguous development sites left in the City of Seattle, situated on a quiet low-traffic street adjacent to the Chief Sealth Trail and Lakeridge Park, with close proximity to the Rainier Beach Link Light Rail Station, Lake Washington, shops, and grocery stores. See supplements for offering memorandum that better describes the development potential.

4755 Bond Street, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,150,000
2549317 MLS ⋅ ACTIVE Status
Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Purchase price includes the price of the permits.

118 27th Avenue S, Seattle

Listing courtesy of Keller Williams Realty Bothell.

$1,100,000
2482669 MLS ⋅ ACTIVE Status
Industrial zoned lot in the heart of Fremont. Value is in land only. 5914 sqft zoned UI U45. Listing price is just above assessed value. No entrance to the property before mutual agreement. Seller would like to review offers as-is or with a scaped lot so do not be scared of industrial debris. Seller can or will remove everything. Seller financing is available for qualified Buyers and 50% down. Seattle Municipal Code 23.5A and Table A 23.5A.040

4500 Leary Way NW, Seattle

Listing courtesy of The Preview Group.

$1,075,000
2507351 MLS ⋅ ACTIVE Status
TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit apartment building producing $50,311 in annual net operating income.

807 N 49th Street, Seattle

Listing courtesy of Blake Investment Advisors.

$1,075,000
2484945 MLS ⋅ ACTIVE Status
Highly desirable, LR3 (M) Zoned, West Seattle Redevelopment Project. Part of the "One Seattle Plan". Located on the Western most boundary of the Up Zone. Multi-story development will yield gorgeous Sound & Mountain Views. Level lot & paved alley provide several development options. Centrally located between Morgan and Alaska Junctions. Convenient to shops, restaurants, the Farmers Market, Parks, Beaches and Transportation. Minutes to Downtown Seattle. Charming 2 bedroom home on the property, could generate income until ready to build. Buyer to verify all information to their own satisfaction.

5912 45th Avenue SW, Seattle

Listing courtesy of John L Scott RE West Seattle.

$1,050,000
2511772 MLS ⋅ ACTIVE Status
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.

3101 S Walden Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,050,000
2414885 MLS ⋅ ACTIVE Status
Unique opportunity presents itself here in this mostly completed future 3 unit condominium with plans for 2,176 sq.ft. SFR; an 800 sq.ft. ADA and finally an 800 sq.ft. DADU... All the hard work is done, you're just in time for the fun part. Millwork is mostly installed as is the LVP flooring... all situated on quiet little private easement off of 5th but very close to nearby elementary school... Sold As-Is

12017 5th Avenue SW Unit #a, Seattle

Listing courtesy of Windermere Real Estate/M2, LLC.

$1,000,000
2487311 MLS ⋅ ACTIVE Status
Vacant Land zoned neighborhood commercial. Master Use Permit Approved for 4-story mixed-use building. 12-apartments plus retail on ground floor, total of 7,137 SF of rentable area. Permit No. 6598837-CN

1624 N 45th Street, Seattle

Listing courtesy of Westland Realty.

$1,000,000
2390904 MLS ⋅ ACTIVE Status

3520 S Morgan Street, Seattle

Listing courtesy of Pellego, Inc..

$999,950
2300759 MLS ⋅ ACTIVE Status
Prime Location! Exceptional redevelopment opportunity on flat, multi-family zoned land in the vibrant Central neighborhood of downtown Seattle. Currently home to a barber shop, this property is surrounded by thriving businesses, shopping, and residential developments. The NC2P55 (M) zoning promotes pedestrian-oriented development with a maximum height of 55 feet and may allow specific modifications for additional height, floor area ratio, or other incentives. The zoning permits a mix of commercial and residential uses, opening possibilities for apartment complexes, offices, retail, or community amenities. With a Walk Score of 75, Transit Score of 68, and Bike Score of 88, this location is ideally positioned for growth and accessibility.

324 25th Avenue S, Seattle

Listing courtesy of Windermere R.E. Shoreline.

$995,000
2484092 MLS ⋅ ACTIVE Status
A truly exceptional investment opportunity in one of Matthews Beach most desirable settings. This private, quiet parcel offers a rare combination of prime location, flexible zoning, and remarkable development flexibility — making it one of the most compelling lots currently available. Surrounded by expansive open space with potential for sweeping territorial views, this lot is on a beautifully rare street that feels both serene and connected. It’s the perfect canvas to design and build a signature residence or capitalize on its versatile zoning potential. Enjoy an unmatched lifestyle just moments from the scenic Burke-Gilman Trail, Matthews Beach Park, Lake Washington, and Magnuson Park. Stroll to beloved neighborhood destinations including Magnuson Cafe & Brewery, Grand Central Bakery, Wedgwood Broiler, and Fiddler's Inn. Everyday essentials are equally convenient with nearby Metropolitan Market and PCC Community Markets. With easy access to public transportation and major freeways, this location offers seamless connectivity while maintaining a peaceful residential atmosphere. The property is sold as-is. The existing structure has already been prepared for removal, allowing you to move directly into the next phase of development. Opportunities like this — combining privacy, location, zoning flexibility, and lifestyle appeal — are exceptionally rare.

9229 45th Avenue NE, Seattle

Listing courtesy of Windermere Real Estate Co..

$975,000
2550852 MLS ⋅ ACTIVE Status
A good location in a popular Ballard neighborhood, this is a flat corner lot with many possibilities to build. NC255' (Neighborhood Commercial) zoning, 50 X 100 lot allows for mixed use, multi family or commercial. On the corner of 11th Ave NW and NW Market Street with good frontage, visibility and easy access. In an area of growth with newer developments happening nearby. This was planned and partially permitted for a four story 45 unit building, but plans changed. A good opportunity for development to build, lease and keep/resell, or owner user to build and operate a business. A good value for the area.

1103 NW Market Street, Seattle

Listing courtesy of Windermere Real Estate Co..

$899,950
2483135 MLS ⋅ ACTIVE Status
A good investment opportunity in an up and coming neighborhood. Alley access and security fence. NC255 Zoning (also up zoned by the City of Seattle). Vacant land in a growing area and a popular location. Well established businesses on the street with high visibility and drive by traffic. Ideal for owner operator to build and run a successful business. Zoning allows for many possibilities, commercial or mixed use. Current structure is in rough condition, a fire next door damaged much of the building. Next door is also for sale as a planned and permitted townhome project. Purchase one or both for the highest and best use. New 65 unit apartment building to be starting soon across the street. A good value for future development.

320 NW 85th Street, Seattle

Listing courtesy of Windermere Real Estate Co..

$895,000
2548535 MLS ⋅ ACTIVE Status
Rare opportunity to develop a vacant lot in the transit-friendly central district! This 5,120 sq ft lot is ideally located on a quiet street just blocks from Swedish Cherry Hill. Zoned NR3 with 40' of street frontage, the lot is flat with possible roof-top views of downtown Seattle, making it well-suited for several dwelling configurations. Water, sewer and gas are available in the street. Whether you’re a builder, investor or future homeowner, this property offers a prime opportunity in one of Seattle’s most central neighborhoods.

333 17th Avenue, Seattle

Listing courtesy of Redfin.

$895,000
2523075 MLS ⋅ ACTIVE Status
Situated in Seattle’s North Beacon Hill neighborhood, the property at 1303 13th Ave S offers an outstanding redevelopment opportunity on a prime corner lot zoned LR3(M) with convenient alley access. Great for Owner/Occupant - Existing improvements include a legal duplex which could also be renovated and sold separately while still being able to build rowhouses off the alley (Buyer to Verify). This 6,000-square-foot site is perfectly poised for constructing 6-8 rowhouses or townhouses, or even a multi-family building, leveraging generous zoning allowances for efficient, multi-story designs that maximize density and appeal. New developments would boast sweeping views of mountains and Puget Sound, along with partial views of downtown Seattle.

1303 13th Avenue S, Seattle

Listing courtesy of Westlake Associates, Inc..

$875,000
2542503 MLS ⋅ ACTIVE Status
Rare R-24 development opportunity in White Center with schematic design for five large fee-simple row houses. Each home offers 1,641–2,140 net SF, 4-5 beds + office, 2.5-3.5 baths, an attached garage, and a private rooftop deck — 9,527 net SF total. Much of the design work has been completed, permits not yet issued — a builder/investor moves straight to permitting. Minutes to West Seattle, Westwood Village & downtown. Offered at $875,000; full plan set available.

1811 SW 98th St, Seattle

Listing courtesy of Urban Commercial Partners, LLC.

$875,000
2526266 MLS ⋅ ACTIVE Status
Prime Development Opportunity – LR1 (M) Zoning | Value in Land Attention builders, investors, and developers—exceptional opportunity in West Seattle! This ~7,650 sq ft lot is zoned LR1 (M), offering strong potential for townhouse-style development or multiple-unit construction (buyer to verify). The existing structure is a complete teardown and is being sold strictly as-is. The true value is in the land and the favorable zoning, making this an ideal site for your next project. Located in a desirable and rapidly evolving area, the property is surrounded by residential growth and new construction. Convenient access to major commuter routes, local amenities, and West Seattle hotspots enhances long-term value and marketability. Whether you’re looking to develop now or hold as a strategic investment, this is a rare opportunity to capitalize on LR1 zoning in a high-demand Seattle location. Bring your plans and vision—opportunities like this are becoming increasingly scarce!

2816 SW Dakota Street, Seattle

Listing courtesy of HomeSmart Real Estate Assoc.

$875,000
2393777 MLS ⋅ ACTIVE Status
Discover the potential of 6,043 square feet of prime West Seattle real estate in the sought-after Gatewood/Highpoint neighborhood. Offering an exceptional redevelopment opportunity with NC2P55 (M) zoning, this property presents a canvas for visionary builders and developers. Nestled in a location synonymous with growth and urban renewal, this site is ideal for creating a multi-unit low rise residential project and townhomes. The neighborhood's rich history and vibrant community vibe provides the perfect backdrop for a successful development. With easy access to major transportation routes, parks, shops, cafes and restaurants, this property is not just a piece of land but a gateway to endless possibilities.

6517 35th Avenue SW, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$855,000
2531990 MLS ⋅ ACTIVE Status
Prime Ballard development opportunity zoned NC1-40 (M2) in one of Seattle’s most active growth corridors. Ideal for developers or investors seeking future upside with potential for multiple units and mixed-use possibilities (buyer to verify). Surrounded by ongoing redevelopment, new construction, and strong neighborhood demand, this location continues to appreciate. The existing structure offers great bones for a substantial renovation or reposition, creating an additional opportunity for an experienced flipper or builder with vision. Fixer property sold as-is. No interior access available. Value is primarily in the zoning, lot, and long-term redevelopment potential. Located in a true Walker’s Paradise with a Walk Score of 92, just steps to Ballard’s shops, dining, transit, and everyday amenities. Rare chance to secure a flexible asset in one of Seattle’s most sought-after neighborhoods with both near-term and long-term upside.

837 NW Market Street, Seattle

Listing courtesy of Redfin.

$850,000
2552548 MLS ⋅ ACTIVE Status
Developers - Prime opportunity to take advantage of the new land use code on this mostly level, over 7,700 square foot parcel of LR-2 in prime Judkins neighborhood. Recent changes in the code to allow 4 ULS detached homes make this property an attractive offering. Some due diligence items available including survey and WAC.

811 29th Avenue S, Seattle

Listing courtesy of Momentum Venture Partners LLC.

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