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Listed by Paragon Real Estate Advisors
$3,850,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Laurelhurst
MLS Listing ID 2339925
Style 40 - Res-Less thn 1 Ac
Lot Size 0.310 Acres
Property Sub-Type Land
Property Description
This is a rare opportunity to redevelop in one of Seattle's A+ neighborhoods. The site is located on a corner lot off of 40th Avenue NE, just steps away from Seattle Children's Hospital, and minutes from the University Village and the University of Washington. The site consists of three contiguous lots that are all 4,500 square feet, totaling 13,500 square feet of land and are zoned LR2 (M). Currently on each lot, there is a single-family rambler with a total of 2,710 rentable SqFt spread across the three homes. The zoning allocates a 1.4 FAR allowing a developer to build 18,900 SqFt of rentable space, which correlates to 12-14 townhouses (Buyer to verify).
Location
State WA
County King
Area 710 - North Seattle
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N No
Building
Sewer Available
Water Available
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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