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Rare Value-Add/Development opportunity in excellent east slope Queen Anne location, one block north of Highland Drive, with outstanding views of the city, Lake Union, and the Cascade Mountains. The property offers potential for interior/exterior upgrades that could lead to significant rental increases and improved returns. The zoning allows new development for about 20 500sf apartment units or 10 1,250sf townhouse units (Buyer to verify). Great flexibility to start the project promptly or hold with current leases.
- Neighborhood
- Type
- CountyKing
- Area700 - Queen Anne/Magnolia
- Tax Amount$17,206
- StatusActive
- Listing #2056157
- Built1912
- Lot Size0.16
- Listed on site701 days
Listed by:
Sea to Sky Realty
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-03-25 11:56:35. DMCA
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Property details
Community Features
- No HOA
- No Adult Community
Exterior features
- No Pool
Property History
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Nov 13, 2024 | 4 mos ago | Price decreased200,000 (9%) | $2,100,000 |
| Jul 19, 2023 | 2 yrs ago | Price decreased200,000 (8%) | $2,300,000 |
| Apr 24, 2023 | 2 yrs ago | New on market | $2,500,000 |
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