Roosevelt Homes with Traditional Architecture

Roosevelt Homes with Traditional Architecture

Welcome to the charming Roosevelt subdivision, nestled in the heart of Bellingham, Washington. This delightful community is known for its picturesque surroundings, friendly atmosphere, and an ideal blend of convenience and tranquility. Roosevelt offers residents a unique opportunity to enjoy the best of Pacific Northwest living, with stunning views of the nearby mountains and easy access to lush parks and outdoor recreational activities.

One of the standout features of the Roosevelt subdivision is its collection of homes that showcase traditional architecture. These beautifully designed residences exude timeless elegance, with classic elements that reflect the rich history of the area. From charming Craftsman bungalows to stately Colonial-style homes, the architectural diversity in Roosevelt creates a warm and inviting neighborhood feel. Each home is thoughtfully crafted, boasting features such as inviting front porches, intricate woodwork, and spacious layouts that cater to families of all sizes.

Living in the Roosevelt subdivision means being part of a community that values both nature and convenience. Residents can enjoy nearby parks, walking trails, and recreational facilities, perfect for weekend adventures or leisurely strolls. The vibrant downtown Bellingham area is just a short drive away, offering an array of dining, shopping, and entertainment options.

Whether you’re a first-time homebuyer or looking to settle into a serene community, Roosevelt offers the ideal setting for a fulfilling lifestyle. Experience the charm of traditional architecture and the warmth of a close-knit neighborhood in this beautiful Bellingham subdivision. Your dream home awaits!

Newest Roosevelt Homes with Traditional Architecture

$840,000
3 Beds 2 Baths 2514400 MLS ACTIVE Status
ATTN Developers, Builders, & Investors! An exceptional, high-density development opp a/w in Lake City urban corridor. Offer for the first time, 7818 & 7822 Lake City Way combined, near-level ~9,000 SF footprint primed for a mid-rise, mixed-use project. Featuring robust C1-55 zoning w/ an allowable 3.75 FAR, provides a clear, predictable pathway to construct. a 6-story bldg. Prelim Feasibility highlights an ideal yield of up to 42 RES units (suited for studios/1-bdrm) ground-floor commercial use. Take advantage of Seattle’s 4-foot gnd-fl height bonus to max. ceiling & views, utilizing UG parking entry. Strong local rental demand, prime eligibility for Seattle's 12 year Multi-family Tax Exemption (MFTE) program to max. your post-stabilization yields. while you clear your master use permits (MUP). Buyer to verify all feasibility and zoning constraints to their satisfaction. Total Lot Size: Approx. 9,000 SF (Combined dual-parcel assemblage) Zoning: C1-55 (Commercial 1, 55’ base height limit) Development Capacity: Up to 33,750 gross buildable SF under a 3.75 FAR Pro-Forma Optimization: High-velocity rental sub-market with excellent financial metrics leveraging Seattle's 12-year MFTE property tax exemption.6-story building featuring ground-floor commercial retail and 5 levels of multifamily housing (up to 42 units). Covered Land Play: Existing residential structures offer immediate holding rental cash flow during the architectural and permitting phases.

7818 NE Lake City Way NE, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

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