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Listing provided courtesy of Northwest MLS; Windermere R.E. Shoreline

PRICE $1,200,000
BEDS 4
BATHS 2
HOME SIZE 2,030 sqft
LOT SIZE 7,441 sqft
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Calling All Builders, Developers, Investors and Creative Buyers! Prime Madison Valley development opportunity on an expansive 7,440 SF NRzoned lot (60 × 124) with a clean, rectangular footprint ideal for efficient site planning. Existing 4 bed, 2 bath home with detached garage (2,030 SF). NR3 zoning with potential for multiple units. Buyer to verify development capacity. Combination of housing types, bring your designer for endless possibilities! Preliminary analysis suggests approx. 4 single-family homes or 5-6 townhomes, depending on design and permitting. Larger-than-average lot offers higher yield. Prime infill location with convenient access to shops, restaurants, PCC, parks, and transit. Minutes to Madrona Park, Lake Washington, downtown Seattle, I-90, and 520. Surrounded by active development with strong resale comps. Potential seller finance terms available with large down payment.

LAST UPDATED 4/21/2026 TRACT Madison Valley
YEAR BUILT 1901 COMMUNITY Madison Valley
COUNTY King STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
APPLIANCES Electric Water Heater, Water Heater
AREA 390 - Central Seattle
CONSTRUCTION Metal Siding, Vinyl Siding
EXTERIOR Garden
GARAGE Yes
HEAT Baseboard, Electric
INTERIOR Dining Room, Water Heater
LOT 7440 sq ft
LOT DESCRIPTION Paved, Sidewalk, Value In Land
MLS STATUS Active
PARKING Detached
STORIES 2
STYLE 12 - 2 Story
SUBDIVISION Madison Valley
TAXES 672
UTILITIES Sewer Connected
WATER Public

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