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.… Read More 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. Read Less
Listing courtesy of Windermere R.E. Shoreline
Listing Snapshot
Cumulative Days On Market
23
Days on Website
23
Last Updated
Property Type
Land
Lot Size
0.5 Acres
Property Tax
$3,278
MLS Number
2542617
30 Days Snapshot Of 98118
$887k
-5%
(avg) sold price
41
-16%
homes sold
46
+9%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface: "Paved"
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Structure Type: "None"
Fireplaces
Fireplaces Total: 0
Home Owner's Association
Association Fee: $0
Lot
0 acres, 21675 square feet
Property
Zoning Description: Multi-Family, Residential
Sewer
Sewer: "Available", "In Street"
Utilities
Utilities: "Electricity Available", "Natural Gas Available", Electricity Status: In Street, Gas Status: Available, Water Source: "In Street"
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. Listings last updated on ,
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