Refine Search
Sort by
$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.

$1,050,000
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.

$1,000,000
2565371 MLS ACTIVE Status
Shovel Ready in Shoreline! Located across the street from Edmonds on the county line. Permits in hand, this project is ready for the earthwork and has approved Floor Plans for 3 new homes all with 2-car garages on the ground floor. New homes ranging from 2,842 to 3,251 sq. ft. Waiting on the city is DONE! Detailed Information Package available upon request. Permits in hand, you can start building today. Seller has done the heavy lifting on this prime Shoreline parcel. This is a "plug-and-play" project for an investor/developer looking to capitalize on the 2026 housing demand. Skip the 40-month red tape to obtain permits. Close this month, break ground next month. The site is between Aurora Village and Firdale Village with bus line access to the Light Rail Stations (Mountlake Terrace & Shoreline). Buyer options would include: Builder ready for a ready-to-build project, individual home buyers to select a lot as their own custom as a pre-sale or, seller open to build out on a co-financed partnership (to be determined / open to proposal). Are you interested in the option to choose your neighbors and get your new home in Shoreline? Let’s talk. Investors & Builders: The property currently has a large shop (empty and available).

119 N 205th Street, Shoreline

Listing courtesy of Keller Williams Realty Bothell.

$1,000,000
2563260 MLS ACTIVE Status
Exceptional opportunity to acquire a Seattle development site with an advanced permit package for 8 modern townhomes. The project includes plans for two 4-unit buildings with a future unit lot subdivision, offering a significant head start for builders and developers. Extensive architectural, civil, structural, landscape, and utility work has already been completed, with an issued demolition permit and development documents available for buyer review. Located in the desirable Mount Baker neighborhood, just minutes from Light Rail, Downtown Seattle, Lake Washington, parks, restaurants, and major commuter routes. Existing home is sold as-is. Buyer to verify all plans, permits, approvals, unit count, and development potential to their own satisfaction.

3632 36th Avenue S, Seattle

Listing courtesy of John L. Scott, Inc.

$1,000,000
2537091 MLS ACTIVE Status
Exceptional opportunity for builders and investors! This offering includes two separate parcels totaling 11,515 sq. ft. (Parcel 1: 6,469 sq ft.; Parcel 2: 5,046 sq ft.). Preliminary indications suggest the potential to develop up to nine townhomes. However, buyers are strongly advised to verify all development possibilities directly with the City of Shoreline and to conduct their own due diligence. The front parcel includes an existing home currently occupied by tenants (please do not disturb them). The rear parcel includes a small storage shed. Close proximity to shopping, bus lines, light rail, Costco, Trader Joe’s, and I-5. Less than 10 minutes to beaches, parks, golf, and highly-rated schools.

18534 Stone Avenue N, Shoreline

Listing courtesy of Keller Williams Eastside.

$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.

$998,000
2543169 MLS ACTIVE Status
This 18,540 sf Lk Forest Park property presents a rare opportunity to acquire a generous parcel of land w/future development potential. The expansive lot is the true centerpiece of this offering, providing ample space for a variety of dev. possibilities, expansion plans, or long-term investment strategies, subject to buyer verification of zoning & municipal requirements. The size/layout of property offer flexibility that's becoming increasingly difficult to find, making it especially appealing to developers & investors. Whether your vision includes adding multiple DADUs, subdivision opportunities, custom constr. or a strategic land hold, the property's value is firmly rooted in its development potential. Adding to the appeal is the existing 4 bed/2.5 bath home, which provides an immediate source of rental income while development plans are explored. Rather than being the primary focus, the residence serves as a valuable holding asset that can generate cash flow & help offset ownership costs during the planning and entitlement process. This creates an attractive combo of current income & future upside. For buyers who recognize the increasing scarcity of developable parcels, this property offers the opportunity to secure land today while maintaining income-producing use of the existing home. The combination of location, usable land & redevelopment potential makes this a compelling investment for property's long-term value. (Back section of lot is fenced separately & unused)

3610 NE 197th Street, Lake Forest Park

Listing courtesy of Pacific Properties.

$995,000
2547989 MLS ACTIVE Status
12 unit townhome development opportunity for builder or investor with seller financing available. Civil plans and demo approved. Building permit applications for both buildings are in final rounds of commentary and pending final approval. Complete plan set for 12 units across (2) 4-story buildings. Plans could support either a build-to-sell or build-to-rent strategy. Plans deliver 22,637 of square footage across 12 townhomes. Unit mix includes (8) 3 bed, (3) 2 bed, and (1) 1 bed, each with a 2-car garage. Lots 1–6 comprise Building A (11,049 SF) and Lots 7–12 comprise Building B (11,588 SF). Quality finishes and thoughtful design. Optionality to position finished project for an exit or as an addition of 12 brand new units to your long-term rental portfolio. See rendering video in virtual tour link for site preview. Rendering photos and video are for visualization purposes only and are representative of the project but may not be exact.

957 Aberdeen Avenue NE, Renton

Listing courtesy of The Agency Seattle/Eastside.

$995,000
2543437 MLS ACTIVE Status
Developer/Builder alert! Rare opportunity to own a cherished waterfront retreat on the Sammamish River. This cute custom mid-century bungalow sits on an expansive, level lot tucked below the Burke-Gilman Trail, offering exceptional privacy, recreation, and future potential. Originally designed and built in 1951 by the current owners' grandfather, this riverfront gem has remained in the same family for more than 75 years. Enjoy direct waterfront access with your own private boat moorage, providing a scenic waterway connection to Lake Washington. The beautifully landscaped grounds feature mature trees, including a magnificent blue spruce that provides shade, character, and habitat for local wildlife. The generous level lot offers ample space for trailered boats, kayaks, paddle boards, RV parking, and outdoor entertaining. Recent improvements include upgraded 200-amp electrical service, energy-efficient windows, ductless mini-split heating and air conditioning, and refreshed roof and chimney systems. Fee simple ownership extends to the center of the river, enhancing both privacy and value. Whether you're seeking a peaceful waterfront lifestyle, recreational paradise, or investment with future development possibilities, this exceptional property presents a truly rare opportunity along one of the region's most desirable waterways. Value in land. Rent out/live in house while obtaining permits for new construction! Preliminary feasibility study. 104 ft. of riverfront!

8833 NE Bothell Way, Kenmore

Listing courtesy of Marketplace Sotheby's Intl Rty.

$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..

$995,000
2475212 MLS ACTIVE Status
Sunny, 10,803 sf ,view property in Kenmore overlooking Lake Washington. Zoned CB (Community Business West) in Kenmore. Can support a 4 to 6-unit attached residential development. No FAR limitations, bulk & scale only, no tree removal restrictions. Can support 6 - 16 ft wide units or 4 to 5 wider units within the same buildable area. Supports all residential, no mixed-use required. Initial 6-unit concept with additional surface parking reviewed through Pre-Application process by City of Kenmore. Detailed review comments and updated site plan with notes uploaded to supplements. Corner lot, site has topo sloping uphill away road and down towards view, creating opportunity for great lake views from all units. 35-foot building height limit by average grade should allow 3-story units plus daylight basements. Level access from east off of 64th. Kenmore allows all trees to be removed in CB zoning with some mitigation. Adjacent property to west under separate listing is also for sale with same zoning; would support expanded development.

6330 NE 181st Street, Kenmore

Listing courtesy of Windermere Real Estate Co..

$950,000
2563222 MLS ACTIVE Status
Nearly 40 acres of open, fenced Enumclaw pasture where privacy, rural living, and long-term possibility come together. More than ordinary vacant land, this A-35 property offers public water service and electricity already on site, existing septic infrastructure, the site of the former residence, and a separate outbuilding. The seller has completed and submitted a private wetland report, giving buyers valuable preliminary information as they evaluate whether a future homesite farther from the road may be feasible. Buyers may also investigate the former residence site or seek approval for an allowable use of the existing structure, subject to feasibility, permitting, and agency approval. Currently enrolled in a current-use/open-space tax program, contributing to notably low property taxes. An outstanding setting for agriculture, recreation, or creating a private rural retreat, with convenient access to downtown Enumclaw, regional routes, and year-round outdoor recreation.

23028 SE 400th St, Enumclaw

Listing courtesy of Windermere Real Estate/PSR Inc.

$950,000
2549357 MLS ACTIVE Status
Location Location This 1.29-acre undeveloped commercial lot sits right on a major commuter intersection with 30,000+ daily vehicles, making it a perfect spot for high-exposure development. Thanks to flexible CN Zoning, the site is primed for a mixed-use project, townhomes, or apartments with ground-floor retail.The location offers unmatched connectivity for residents and businesses alike, sitting just minutes from I-405 with quick commutes to Bellevue, Tacoma, and downtown Seattle. It is also a convenient 15-minute drive to SeaTac Airport and highly accessible via public transit. Future tenants will love the proximity to major employment hubs, Coulon park on Lake Washington, great shopping at The Landing in Renton including the new WinCo and local attractions like the Seahawks and Sounders training facilities. As a premium bonus, the property features beautiful views of Mount Rainier. This is a rare chance to secure a highly visible, ready-to-develop parcel in a booming area.

2350 XX NE 3rd Street, Renton

Listing courtesy of Keller Williams Rlty Bellevue.

$950,000
2382383 MLS ACTIVE Status
Unique opportunity for permit-ready commercial building on prime visibility corner lot in central Carnation business district. Rapidly growing town with needs for commercial business sites. Building includes 2 large retail spaces, 1175 & 1295 sq ft on main floor; middle floor offers 3 large office space: 1378, 1566 & 2575 sq ft spaces; 3 top floor apartments: 821, 1237 & 1408 sq ft. 8 parking stalls; center corridor space w/ common baths & elevator. 40 ft height; 15,297 lot size; 113' Tolt front footage. Site civil work is complete; ready to pull permit & start construction on this keystone property in rejuvenating & growing town. Hundreds of new homes under construction will need new services/business options. Great time to fill the needs

45 Tolt Ave, Carnation

Listing courtesy of Windermere Real Estate/East.

$945,000
2486486 MLS ACTIVE Status
3.18 acres within the city limits of Enumclaw zoned R-2 for Residential Development with a view of Mount Rainier. These 2 adjoining parcels at 54,450sf and 84,070sf have recently been annexed by the City of Enumclaw. They both have access have access to sewers in the street that are 10 feet down. The owners have a letter from the City of Enumclaw regarding access to the sewers. Water, electricity and gas are accessible in the street. Great location in North Enumclaw just off highway 169(264th Ave SE) as it enters the city. Less than a mile to City Hall and walking distance to the local middle school(0.5 miles). Please drive by to look at the property. Property next door on Malatesta has 5 new homes on a property the size of the larger lot.

0 xx 266th Avenue SE, Enumclaw

Listing courtesy of Ewing & Clark, Inc..

$926,000
2548036 MLS ACTIVE Status
Build your dream home in the Heart of Sammamish. Significant development opportunity. Nestled on a .6-acre (27,531 SF Lot), plans are ready for approval for a 5000 square foot plus home. Plans in the main house include 7 Bedrooms, 5.5 Baths, 3 car garage, with a lower level potential ADU with living space, extra laundry and bedrooms and separate entrance. Plans include a separate DADU 2 Bed, 2 Bath, living room, Kitchen, Dining, Outdoor Living Area. Use the plans, alter them to your needs or start new. Zoned R-4 in a coveted location, less than a mile from Skyline High School, Met Market, access everything you need including easy commute to Microsoft, best schools, Swedish Medical Issaquah, Shopping, dining and so much more.

22783 SE 18th Street, Sammamish

Listing courtesy of Windermere Real Estate/East.

$900,000
2489434 MLS ACTIVE Status
Shy 2.5 acres zoned NR-2 in the City of Kent, offering several development possibilities. Current zoning allows for not only a single family home development, but several higher density options as well...duplex, triplex, fourplex, fiveplex, sixplex, townhouses, and more. Total max density for NR-2 allows up to 24 dwelling units per acre. Located just minutes from Kent Station, the Sounder Train line, access to SR-167, and several other area amenities, this would be an attractive community for buyers of new construction homes. All utilities are located in 94th Ave S. See chapters 15.04.020 & 15.04.170 of Kent City Code for all allowable uses and development standards. Please use caution when walking the property.

232 xx 94th Avenue S, Kent

Listing courtesy of RE/MAX Realty South.

$899,950
2560805 MLS ACTIVE Status
Development Opportunity on Expansive 20,000 Sq. Ft. Lot! Rare chance to secure a large property with exceptional potential for redevelopment, expansion, or investment. This 20,000 sq. ft. lot offers a wide range of possibilities—explore subdividing, building new, or creating your dream project (buyer to verify development options). With its generous size and flexible layout, this property is ideal for builders, investors, or buyers looking to maximize long-term value. The existing one-story home provides immediate livability while you plan your vision. A spacious enclosed porch welcomes you inside to an eat-in kitchen with dining area and a bright living room featuring a cozy fireplace. Large windows throughout the home bring in abundant natural light. The main level includes one large bedroom, while the finished basement offers two additional bedrooms plus a second kitchen—perfect for extended living, rental potential, or a separate living space. The long driveway offers plenty of room for RV, boat, or trailer parking and leads to a two-car carport. Located in the highly sought-after Northshore School District with easy freeway access and close proximity to dining, shopping, and parks, this property combines prime location with outstanding future potential. A truly unique opportunity to invest, build, or create something new.

6526 NE 198th Street, Kenmore

Listing courtesy of Windermere Real Estate/HLC.

$899,950
2556698 MLS ACTIVE Status
Prime Builder & Developer Opportunity! Rare vacant land in a desirable Kent location with NR2 zoning and outstanding development potential. A preliminary meeting with the City indicated the site may support 20+ townhomes, subject to design, engineering, and City approvals. The property also presents an excellent opportunity for a single-family residential subdivision, giving builders flexibility to maximize the site's highest and best use. This is an exceptional infill development opportunity in an area experiencing continued residential growth and strong housing demand. Conveniently located near major commuter routes, shopping, schools, parks, and everyday amenities, the site offers an attractive location for future homeowners. Ideal for builders, developers, and investors seeking a project with compelling upside. Bring your vision and capitalize on the potential of this well-positioned property. Buyer to verify all information, including zoning, density, development potential, utilities, access, environmental conditions, permitting requirements, and all approvals to their own satisfaction.

0 XX S 212th Way, Kent

Listing courtesy of Pellego, Inc..

$899,950
2537699 MLS ACTIVE Status
Rare fully permitted mixed-use development opportunity in the heart of Downtown Burien. Skip years of entitlement work and move directly toward construction with permits in hand for a thoughtfully designed 4-story mixed-use project featuring 18 one-bedroom apartment units above 2 street-level commercial spaces. Located directly across from Bakery Nouveau and just steps from Burien's vibrant restaurant, retail, entertainment, and transit district, this project offers an exceptional blend of urban convenience and long-term investment potential. Designed with today's renter in mind, the building features elevator access, dedicated bike storage, on-site parking, a landscaped courtyard gathering space, and an expansive rooftop amenity deck designed for entertaining, relaxing, and enjoying territorial and city views. The modern architectural design incorporates large windows, attractive street-level commercial frontage, and contemporary finishes that complement the ongoing revitalization of Downtown Burien. As an added benefit, the property is located within a designated Opportunity Zone, creating the potential for significant tax advantages for qualified investors while enhancing the project's long-term investment appeal. With strong rental demand, proximity to Sea-Tac Airport, Downtown Seattle, major employment centers, and continued growth throughout South King County, this shovel-ready project presents a rare opportunity for developers seeking a fully entitled multifamily asset

4 XX SW 153rd Street, Burien

Listing courtesy of Berkshire Hathaway HS NW.

$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..

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.