Over 10 years in the making, this 17 acre parcel in an Urban Growth designated area has been painstakingly reviewed and is now APPROVED for a 4 story 22 unit building suitable for apartments, condos or senior housing. Now that the county has approved the plan, now is your opportunity to see it through to the finish line. Sitting in the heart of Fairwood & offering shopping, restaurants easy access to freeways, this site is off a 5 lane highway with great visibility yet offers a peaceful spot for a building like this as it sits on mostly protected land. The build out would sit on just over 2.5 of the acres while the rest of the land acts as a natural buffer from other sites. Follow the process and build a money making complex where rents are strong and so is demand. The plans are fully entitled and permit ready.
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Zillow last checked:
Listing updated:
Listed by:
Ryan Runge,
KW Lake Washington So
Source: NWMLS as distributed by MLS GRID,MLS#: 2572893
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: Territorial
Lot
Size: 16.97 Acres
Features: Lightly Treed, Partially Cleared
Topography: Level
Details
Parcel number: 2723059039
Zoning description: Residential,Jurisdiction: County
Special conditions: Standard
Utilities & green energy
Electric: In Street
Gas: Available
Sewer: In Street
Water: In Street
Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
Subdivision: Fairwood
Location
Region: Renton
Financial & listing details
Annual tax amount: $1,911
Date on market: 8/20/2026
Cumulative days on market: 2 days
Estimated market value
Zestimate®
$838,800
Estimated sales range
$797,000 - $881,000
Rent Zestimate®
$2,119/mo
Price history
Date
Event
Price
8/22/2026
Listed for sale
$850,000
Source: NWMLS as distributed by MLS GRID #2572893Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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