Lake Union Homes with Fixer Building Condition

Lake Union Homes with Fixer Building Condition

**Discover the Charm of Lake Union: A Unique Seattle Subdivision**

Nestled in the heart of Seattle, Lake Union is a vibrant and picturesque subdivision that beautifully blends urban living with the tranquility of nature. This iconic neighborhood is bordered by the stunning waters of Lake Union, offering residents breathtaking views and a plethora of recreational activities right at their doorstep. Whether you’re kayaking, paddleboarding, or simply enjoying a leisurely stroll along the waterfront, Lake Union is a haven for outdoor enthusiasts.

The real estate landscape in Lake Union is as diverse as its residents. Among the offerings, you’ll find homes with fixer-building conditions that present a unique opportunity for buyers looking to invest in their dream home. These properties, often brimming with character and potential, allow you to unleash your creativity and transform them into a personalized sanctuary. Imagine customizing a historic craftsman or revitalizing a mid-century modern gem, all while being part of a community that values innovation and sustainability.

Living in Lake Union means being at the center of Seattle’s cultural scene. With easy access to renowned restaurants, lively cafes, and bustling markets, your weekends will be filled with exploration and enjoyment. Plus, the proximity to downtown Seattle ensures that you’re never far from the city’s vibrant energy.

Whether you’re a first-time homebuyer, an investor, or someone looking to embrace a new lifestyle, Lake Union offers a unique blend of opportunity and charm. Dive into the possibilities that await you in this enchanting Seattle subdivision!

Newest Lake Union Homes with Fixer Building Condition

$1,195,000
3 Beds ⋅ 2 Baths ⋅ 2561813 MLS ⋅ ACTIVE Status
Rare opportunity in the heart of Fremont! Situated on an expansive street to street (Greenwood to Palatine) 9,000 LR1-zoned lot, this property presents exceptional potential for builders, investors, or buyers looking to renovate and create their dream home. The existing residence offers a functional floor plan with three bedrooms on the main level, an open-concept living and dining area, kitchen, full bathroom, and an attached two-car garage. The unfinished lower level features a second full bathroom, laundry area, generous ceiling height, and abundant space for future expansion or customization. Solidly built with great bones, this home is ready for its next chapter. Enjoy views of the Ship Canal, Ballard Bridge, and Olympic Mountains. The oversized lot provides endless possibilities, whether you’re considering a custom renovation, adding value through expansion, or exploring the development potential offered by the LR1 zoning. Located just moments from Fremont’s vibrant shops, acclaimed restaurants, parks, the Burke-Gilman Trail, and major commuter routes, this property combines an outstanding location with tremendous upside. Opportunities like this—expansive street to street lots, views, and flexible zoning in one of Seattle’s most desirable neighborhoods—are increasingly rare.

4311 Greenwood Avenue N, Seattle

Listing courtesy of Windermere RE Greenwood.

$1,300,000
4 Beds ⋅ 2 Baths ⋅ 2480345 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.

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