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!
Active
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
- 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#: 2330431
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
| Date | Event | Price |
|---|---|---|
| 3/14/2025 | Price change | $1,100,000-21.3% |
Source: | ||
| 2/7/2025 | Listed for sale | $1,398,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Dunlap
Nearby schools
GreatSchools rating
- 5/10The New School At South ShoreGrades: PK-8Distance: 0.1 mi
- 2/10Rainier Beach High SchoolGrades: 9-12Distance: 0.4 mi
- 6/10Dunlap Elementary SchoolGrades: PK-5Distance: 0.2 mi
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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