Ravenna Homes with Gated Entry Site features

Ravenna Homes with Gated Entry Site features

Welcome to the charming neighborhood of Ravenna in Seattle, Washington. Known for its tree-lined streets, beautiful parks, and vibrant community, Ravenna offers a perfect blend of urban convenience and natural beauty.

Located in King County, Ravenna is a highly sought-after neighborhood for those looking to settle down in a peaceful yet lively area. With its close proximity to the University of Washington and easy access to downtown Seattle, residents enjoy the best of both worlds.

One of the standout features of homes in Ravenna is the gated entry sites. Offering an extra layer of security and privacy, these homes provide residents with peace of mind and a sense of exclusivity. Whether you're looking for a cozy bungalow or a spacious modern home, Ravenna has a variety of options to suit every taste and lifestyle.

Living in Ravenna means being part of a tight-knit community where neighbors become friends, and local businesses thrive. With top-rated schools, trendy cafes, and boutique shops just around the corner, there's always something to explore and enjoy in this vibrant neighborhood.

If you're looking for a place to call home that offers a perfect mix of tranquility and excitement, Ravenna in Seattle is the ideal choice. Come and discover the beauty and charm of this wonderful neighborhood with homes featuring gated entry sites.

Newest Ravenna Homes with Gated Entry Site features

$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.

$850,000
3 Beds ⋅ 2 Baths ⋅ 2508699 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.

7822 NE Lake City Way NE, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

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