Bought with Windermere RE/Capitol Hill,Inc
$4,450,000
$4,200,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 08/10/2022
Key Details
Sold Price $4,450,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Madrona
MLS Listing ID 1865034
Sold Date 08/10/22
Style 42 - Multi-Family
Annual Tax Amount $24,111
Lot Size 0.310 Acres
Property Description
Located in the heart of Seattle's desirable and walkable Madrona neighborhood, the 34th & Spring development site is a 13,500-square foot, split zoned NC1-30 (M) and NC1-40 (M) lot currently containing a single-family home and a fourplex. The property can potentially be developed into SEDU's (63+ Units - 4,538 SF Retail), Apartments (26+ Units - 3,753 Retail), Mixed-Use (20K to 30K residential, 4K to 10.5K commercial), or Townhomes (16+ Units Total - 9 Live Works). Buyer to verify all development potential. Current reports include: Final scheme, survey, arborist report, soils report from across the street, tree feasibility report.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Fireplace No
Exterior
Community Features Tennis Courts
Utilities Available Natural Gas Available, Electricity Connected
Waterfront No
View Y/N Yes
View Lake
Building
Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk
Sewer On Property
Water On Property
Schools
Elementary Schools Madrona Elementary
Middle Schools Meany Mid
High Schools Garfield High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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