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$849,950
1 Beds 2 Baths 2545018 MLS ACTIVE Status
Welcome to the Cottages at Elk Place! **Seller is offering 2% of sales price in closing costs and/or prepaids with acceptable offer. ** This custom Maple Leaf AADU home is a one-of-a-kind property with stunning views from the rooftop deck. Open concept on main floor features designer kitchen with induction range, lots of cabinets with dimmable under cabinet lighting, ½ bath and living area prepped for TV. Primary bedroom, bath, laundry, and office with ample storage all on 2nd floor. Expansive rooftop deck has the most gorgeous panoramic views of the Olympics, Downtown and Green Lake! Exhaustive electrical work for every switch and outlet you will ever need including EV charger outlet in garage and outlets for bidets! Sound deadening insulation in walls and ceilings. Ductless heating with cooling, and a heat pump recirculating high-end water heater that is uber efficient. Copper pipes and incredible amounts of storage for a cottage. Huge, oversized garage for one car, bicycles, workspace, exercise equipment, or toys! Situated on a quiet residential street off the alley in an amazing location. Short walk to Light Rail/Transit Center and Maple Leaf pubs and restaurants, plus minutes to Downtown. Not to miss!

332 NE Elk Place, Seattle

Listing courtesy of RE/MAX Northwest.

$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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