Prime Development Site in the Heart of Capitol Hill! Exceptional opportunity in one of Seattle’s most desirable neighborhoods. Zoned MR (M1), this lot offers flexibility to build townhomes, apartment complex, or hold for future appreciation. Directly facing the park and just two blocks from the light rail. The existing home has been cosmetically refreshed with new floors and paint, and is currently rented, providing holding income while you design and permit your next project. When combined with the adjacent parcel, a completed feasibility study supports a 7-townhome development, making this a rare offering for builders seeking potential in high demand area. To close simultaneously with MLS#2443419
Prime Development Site in the Heart of Capitol Hill! Exceptional opportunity in one of Seattle’s most desirable neighborhoods. Zoned MR (M1), this lot offers flexibility to build townhomes, apartment complex, or hold for future appreciation. Directly facing the park and just two blocks from the light rail. The existing home has been cosmetically refreshed with new floors and paint, and is currently rented, providing holding income while you design and permit your next project. When combined with the adjacent parcel, a completed feasibility study supports a 7-townhome development, making this a rare offering for builders seeking potential in high demand area. To close simultaneously with MLS#2443419
Neighborhood
Type
Total Baths
County
King
Area
390 - Central Seattle
Tax Amount
$7,721
Status
Active
Listing #
2443328
Built
1901
Lot Size
0.06
Listed on site
1 day
Listed by:
Keller Williams Realty Bothell
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 2025-10-10 20:54:02.
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