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$275,000
2542617 MLS ⋅ ACTIVE Status
Exceptional Development Opportunity in Seattle's Growing Rainier Beach Neighborhood! Rare chance for developers, builders, and investors to acquire an LR2-zoned parcel in one of Seattle's rapidly evolving communities. Priced below assessed value, this property offers outstanding upside potential for a variety of residential development options. Builders will appreciate the flexibility of LR2 zoning, making this an excellent site for townhomes, row houses, cottage housing, or apartment-style development (buyer to verify). The location combines strong neighborhood amenities with excellent transit access, creating an attractive setting for future residents. Ideally situated just a short walk from the Rainier Beach Light Rail Station, providing convenient access to Downtown Seattle, Sea-Tac Airport, and major employment centers. Enjoy close proximity to Lake Washington, located less than half a mile away, along with nearby parks, beaches, trails, and recreational opportunities. The Rainier Beach Community Center is just down the block and features fitness facilities, swimming, classes, and community programs. Whether you're looking to build for-sale housing, townhomes, or multifamily units, this is a compelling opportunity to secure a well-located development site in a neighborhood poised for continued growth and investment. Buyer to verify all development potential, zoning regulations, and capacity to their satisfaction.

9100 46th Avenue S, Seattle

Listing courtesy of Windermere R.E. Shoreline.

$660,000
2541768 MLS ⋅ ACTIVE Status
The Rainier Beach Development Site is a shovel-ready, 6,000 SF LR3 (M2) parcel in an established Urban Village. The Master Use Permit is approved and active through September 2028—no City review delay—and 100% of the architectural and engineering fees are fully paid, with all plans conveying to the buyer at closing.Approved for 42 apartment units, this transit-oriented site requires no parking, maximizing buildable square footage. It qualifies for Seattle's 12-Year MFTE Program and sits within a designated Opportunity Zone for added tax incentives.Walk Score of 81, with a 5-minute walk to the Rainier Beach Light Rail Station, Community Center, and Safeway. Offered at $101 per square foot—a rare, permit-ready foundation in one of Seattle's fastest-evolving submarkets.

9025 46th Avenue S, Seattle

Listing courtesy of Northmarq Multifamily, LLC.

$795,000
2520485 MLS ⋅ ACTIVE Status
Attention Builders and Home Buyers! Ready to build in the Seward Park community. Permit-ready plan in place. Over 14,400 sqft level lot. Spacious 3,758 sqft home. Includes a 616 sqft garage. Plus, a 313 sqft rooftop deck with stunning views. Just steps away from the beach with gated access. All utilities already on the property. Beautifully designed for your dream home. This is your opportunity to create the perfect home in Seward Park!

7938 Seward Park Avenue S Unit #c, Seattle

Listing courtesy of Better Properties - Metro.

$1,800,000
2473310 MLS ⋅ ACTIVE Status
Unlock the potential of four well-sized, vacant lots in a prime Seattle location. Zoned NR3, these lots are ideal for single-family homes with ADU and/or DADU. Situated steps from light rail and within walking distance to major bus lines and local businesses. Parcel#4006000310, Parcel#4006000326, Parcel#4006000327 and Parcel#4006000328. Ready for development.

7929 Renton Avenue S, Seattle

Listing courtesy of Skyline Properties, Inc..

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.
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