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937-371-5777
eXp Realty
5029 46th Avenue SW, Seattle, WA 98136
- $658,000
- 1
- BD
- 1
- BA
- 500
- SqFt
Listing Broker: John L. Scott, Inc; Paul F. Mackay Jr; 206-920-0399; paulm@johnlscott.com
- List Price
- $658,000
- Status
- ACTIVE
- MLS#
- 2599951
- Bedrooms
- 1
- Finished SqFt
- 500
- Area Total SqFt
- 500
- Annual Tax Ammount
- 4627
- Lot Size (sq ft)
- 4,692
- Sewer
- Sewer Connected
Property Description
Development Opportunity in the Heart of West Seattle! Exceptional chance to unlock value on this generously sized parcel in a sought-after residential location. The property is improved with an approximately 500 sq. ft. home strategically positioned adjacent to the alley, creating a unique opportunity to retain the existing structure while exploring future development potential, subject to buyer verification and applicable regulations. Investors, builders, and developers will appreciate the flexibility this layout may offer for maximizing site utility and redevelopment options. Surrounded by established neighborhoods, parks, amenities, and convenient access to Alaska Junction, Lincoln Park, downtown Seattle, and major transportation routes, this property benefits from strong housing demand and ongoing neighborhood investment. The existing home may provide interim occupancy, rental income, guest quarters, or other possibilities while future plans are evaluated. Buyers are encouraged to conduct their own feasibility studies regarding zoning, lot configuration, utilities, permitting requirements, and development potential. Rare opportunity to secure a well-located parcel with upside potential in one of Seattle's most desirable neighborhoods. Whether seeking a land-bank investment, custom home site, cottage-style infill strategy, or redevelopment project, this property offers an attractive combination of location, flexibility, and future possibilities. Property sold as-is.
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Additional Information
- Community
- Seaview
- Style
- 10 - 1 Story
- Basement
- None
- Year Built
- 1916
- Total Covered Parking
- 1
- Roof
- Composition
- Site Features
- Fenced-Partially, RV Parking
- Tax Year
- 2026
- School District
- Seattle
- Potential Terms
- Cash, Rehab Loan
- Driving Directions
- Easy to find between SW Hudson and SW Henize Way.
- Energy Source
- Electric
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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