Rare opportunity to acquire a 7-unit townhome development site. This property features 21,246 sq. ft. of cleared land with conditional approval, ready for development. The lot has been previously cleared with an existing access way, reducing pre-construction work and allowing for a quicker build. Located in a vibrant Burien community, the site offers easy access to Seattle, Sea-Tac Airport, and major transportation routes, making it highly attractive for modern townhome development. Perfect for builders or investors looking to capitalize on the strong demand for multi-family housing, this site combines location, readiness and investment potential. Priced for a quick sale, opportunities like this are rare in the Seattle metro area. Don’t miss your chance to develop high quality townhomes in a growing market!
Active
Listed by: WPI Real Estate Services, Inc. • Tina Lee
Price cut: $30K (8/1)
$349,950
12149 Des Moines Memorial Drive S, Seattle, WA 98168
--beds
--baths
0.49Acres
Unimproved Land
Built in ----
0.49 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Existing access way
- 184 days |
- 49 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Tina Lee,
WPI Real Estate Services, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2476887
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 0.49 Acres
Details
- Parcel number: 0985000860
- Zoning description: See Remarks,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: Available
- Gas: Available
- Sewer: Available
- Water: Available
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Burien
Location
- Region: Seattle
Financial & listing details
- Tax assessed value: $308,000
- Annual tax amount: $3,246
- Date on market: 2/3/2026
- Cumulative days on market: 187 days
- Listing terms: See Remarks
Estimated market value
Not available
Estimated sales range
Not available
$2,749/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Price change | $349,950-7.9% |
Source:  NWMLS as distributed by MLS GRID #2476887 Report a problem | ||
| 6/23/2026 | Price change | $379,950-5% |
Source: NWMLS as distributed by MLS GRID #2476887 Report a problem | ||
| 2/5/2026 | Listed for sale | $399,950-20% |
Source: NWMLS as distributed by MLS GRID #2476887 Report a problem | ||
| 8/5/2022 | Sold | $500,000+25% |
Source: Public Record Report a problem | ||
| 4/9/2021 | Sold | $400,000+471.4% |
Source: Public Record Report a problem | ||
| 12/31/2012 | Sold | $70,000-41.2% |
Source: Public Record Report a problem | ||
| 1/31/2011 | Sold | $119,037-40.5% |
Source: Public Record Report a problem | ||
| 7/14/2006 | Sold | $199,950 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,508 +8.1% | $308,000 +1.8% |
| 2024 | $3,246 -2.4% | $302,700 +1.8% |
| 2023 | $3,324 +18.9% | $297,400 +12% |
| 2022 | $2,797 -4% | $265,500 +8.7% |
| 2021 | $2,913 +0.9% | $244,300 +4.5% |
| 2020 | $2,886 +11% | $233,700 +10% |
| 2019 | $2,600 +80.2% | $212,400 +66.7% |
| 2018 | $1,443 -16.4% | $127,400 |
| 2017 | $1,725 -12.9% | $127,400 |
| 2016 | $1,980 | $127,400 -14.3% |
| 2015 | $1,980 | $148,700 |
| 2014 | $1,980 | $148,700 -12.5% |
| 2011 | -- | $169,900 -20% |
| 2010 | -- | $212,400 |
| 2009 | -- | $212,400 +150.2% |
| 2007 | -- | $84,900 |
| 2006 | -- | $84,900 |
| 2005 | -- | $84,900 -0.1% |
| 2001 | $1,070 -3.2% | $85,000 |
| 2000 | $1,106 | $85,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Southern Heights
Nearby schools
GreatSchools rating
- 2/10Cedarhurst Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 2/10Glacier Middle SchoolGrades: 6-8Distance: 1.2 mi
- 1/10Evergreen High SchoolGrades: 9-12Distance: 1.6 mi
- $725,0004 bd3 ba-- sqft12215 Des Moines Memorial Dr S #C, Burien, WA 98168Sold
- $580,0004 bd3 ba1.9k sqft12215 Des Moines Memorial Dr S UNIT B, Burien, WA 98168New Construction
- $500,0004 bd4 ba2.1k sqft12213 Des Moines Memorial Site 3 Dr S #A, Burien, WA 98168Sold
- $700,0004 bd3 ba2k sqft12213 Des Moines Memorial Dr S #B, Seattle, WA 98168Sold
- $610,0004 bd4 ba2.6k sqft12203 Des Moines Memorial Dr E #8, Seattle, WA 98168Sold
- $750,0004 bd4 ba2k sqft12201 Des Moines Memorial Site 1 Dr S #A, Burien, WA 98168Sold
- $640,0004 bd4 ba2.1k sqft12201 Des Moines Memorial Dr S #B, Burien, WA 98168Sold
- $600,0004 bd3 ba1.9k sqft12215 Des Moines Memorial Dr S #A, Burien, WA 98168Pending
A local agent can set up tours, give advice and negotiate with sellers.
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