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  • Listed by: 

    Charla Oliver,

    AgencyOne,

    Tommy Quach,

    Windermere R.E. Shoreline

    $1,100,000

    0 S Director & 48th Avenue S, Seattle, WA 98118

    --beds
    --baths
    0.55Acres
    Unimproved Land
    Built in ----
    0.55 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare Development Opportunity in Rainier Beach! First time on the market in 26 years, this 6-lot assembly spans over half an acre and is one of the last multi-lot development sites in this rapidly growing community. Zoned LR2 (M), allowing for a variety of multifamily housing types, including townhomes, row houses, and apartments. Infrastructure is already in place with water meter boxes set and three sewer stubs ready for easy city connection. The property is conveniently located just blocks from Lake Washington, light rail, shopping, and Kubota Garden, with quick access to I-5. New fencing included. Don’t miss this prime investment opportunity in one of Seattle’s most promising neighborhoods!
    308 days
    |
    26
    |
    1
    |

    Zillow last checked: 8 hours ago

    Listing updated: April 08, 2025 at 04:22pm

    Listed by:

    Charla Oliver,

    AgencyOne,

    Tommy Quach,

    Windermere R.E. Shoreline

    Source: NWMLS,MLS#: 2330431MLS Logo

    Facts & features

    Interior

    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.55 Acres
    • Features: Corner Lot, Brush
    • Topography: Level
    Details
    • Parcel number: 2123700444
    • Zoning: LR2
    • Zoning description: Multi-Family,Jurisdiction: City
    • Special conditions: Standard

    Utilities & green energy

    • Electric: Available
    • Gas: In Street
    • Sewer: Available, On Property
    • Water: In Street, On Property, Jurisdiction: City
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Rainier Beach
    Location
    • Region: Seattle

    Financial & listing details

    • Annual tax amount: $10,511
    • Date on market: 2/6/2025
    • Cumulative days on market: 437 days
    • Listing terms: Cash Out
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    3/14/2025Price change$1,100,000-21.3%
    Source: NWMLS #2330431 Report a problem
    2/7/2025Listed for sale$1,398,000
    Source: NWMLS #2330431 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: Dunlap

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Aki Kurose
    • High: Rainier Beach High

    Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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