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2540 39th Avenue East #5 Seattle, WA 98112

$1,500,000
0.48
Acres
$1,500,000
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active
1/11
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Ready-to-build opportunity with City of Seattle permit for a 6,200+ SF custom home. Set on a rare and level 20,699 SF lot in Madison Estates, an exclusive, gated Lake Washington luxury community in the heart of Madison Park. This property offers a truly special setting. The site is beautifully positioned beside an architect-designed pond and surrounded by mature old-growth trees, creating a serene and distinctive landscape. Enjoy private community access to a boat dock and waterfront features. Permitted plans for a stunning Northwest Contemporary residence are included, or bring your own vision (in compliance with the HOA). Ideally located only blocks from the vibrant Madison Park Village, with its popular shops, restaurants, parks, and schools. Seller financing available.

Ready-to-build opportunity with City of Seattle permit for a 6,200+ SF custom home. Set on a rare and level 20,699 SF lot in Madison Estates, an exclusive, gated Lake Washington luxury community in the heart of Madison Park. This property offers a truly special setting. The site is beautifully positioned beside an architect-designed pond and surrounded by mature old-growth trees, creating a serene and distinctive landscape. Enjoy private community access to a boat dock and waterfront features. Permitted plans for a stunning Northwest Contemporary residence are included, or bring your own vision (in compliance with the HOA). Ideally located only blocks from the vibrant Madison Park Village, with its popular shops, restaurants, parks, and schools. Seller financing available.

  • Neighborhood
    Madison Park
  • Type
    Land And Lots
  • County
    King
  • Area
    390 - Central Seattle
  • HOA Dues
    $1,188/mo
  • Tax Amount
    $16,050
  • Status
    Active
  • Listing #
    2510960
  • Lot Size
    0.48
  • Listed on site
    61 days

Listed by:
Realogics Sotheby's Int'l Rlty

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 2026-06-22 01:06:57. DMCA
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Property details

Community Features

  • Gated Community
  • Has HOA
  • No Adult Community

Property Features

  • Cul-De-Sac

Waterfront

  • Lake front
  • Water Access
  • Water front

Exterior features

  • No Pool
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