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$1,150,000
2549317 MLS ACTIVE Status
Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Purchase price includes the price of the permits.

118 27th Avenue S, Seattle

Listing courtesy of Keller Williams Realty Bothell.

$1,400,000
2530638 MLS ACTIVE Status
Prime corner lot development opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. This 3,600 SF corner parcel is zoned LR2(M), unlocking increased height and density potential beyond standard LR2. The Mandatory Housing Affordability designation allows for up to 40-foot building height and 1.6 FAR — meaning up to approximately 5,760 buildable square feet — in exchange for an affordable housing contribution or on-site inclusion requirement. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional utility for parking, services, and building ingress. New multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation. Located within walking distance of Swedish Hospital Cherry Hill, Seattle University (0.6 miles), and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for future tenants. Buyer to verify all zoning, permitting, and development feasibility with the City of Seattle SDCI

601 21st Avenue, Seattle

Listing courtesy of Asay Realty.

$450,000
2518765 MLS ACTIVE Status
Exceptional view lot presenting sweeping, picture-postcard panoramas of Lake Washington, Mount Rainier, and Seward Park. Poised for a custom residence up to three stories, this site is perfectly oriented to capture full southern exposure—flooding living spaces with abundant natural light and preserving uninterrupted southerly vistas. Included are thoughtful conceptual plans by Story Architect and a thorough geotechnical evaluation from Earth Solutions, streamlining your design and permitting process. An existing foundation is already in place, removing the need for a variance, and a detached one-car garage sits on the property. All utilities—gas, water, sewer, and electricity—are available at the street. Renderings illustrate conceptual possibilities only and have not been submitted to or approved by the City of Seattle. Ideal for buyers seeking a premium, light-filled home with commanding lake and mountain views.

3502 E Terrace Street, Seattle

Listing courtesy of Windermere Real Estate Co..

$195,000
2327602 MLS ACTIVE Status
Excellent Madison Park platted LR3 Lot with sweet territorial views! Just walk up steps to Madison street loaded with shops an restaurants and parks. Straight shot to downtown via express bus. Should allow for 3 story with rooftop deck? Ask listing broker or your broker for copies of owners sample awesome architectural drawings that come with the property. Buyer to verify all building and development details including subjective suitability, utilities, setbacks, survey, schools, tree removal and any sewer surcharge. possible water main extension. Sample designs for 3 story and rooftop deck home. see all information including topography and survey, tree Assessment, Gravity Flow estimate, and Ryatt Construction water main estimate.

2602 E Thomas Street, Seattle

Listing courtesy of Windermere Real Estate Midtown.

$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.

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