Calling All Builders, Developers, Investors and Creative Buyers! Prime Madison Valley development opportunity on an expansive 7,440 SF NRzoned lot (60 × 124) with a clean, rectangular footprint ideal for efficient site planning. Existing 4 bed, 2 bath home with detached garage (2,030 SF). NR3 zoning with potential for multiple units. Buyer to verify development capacity. Combination of housing types, bring your designer for endless possibilities! Preliminary analysis suggests approx. 4 single-family homes or 5–6 townhomes, depending on design and permitting. Larger-than-average lot offers higher yield. Prime infill location with convenient access to shops, restaurants, PCC, parks, and transit. Minutes to Madrona Park, Lake Washington, downtown Seattle, I-90, and 520. Surrounded by active development with strong resale comps. Potential seller finance terms available with large down payment.
Sold
Zillow last checked:
Listing updated:
Bought with:
Trung Pham, 3153
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2510691
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $1,015,000-15.4%$500/sqft |
Source:  NWMLS as distributed by MLS GRID #2510691 Report a problem | ||
| 5/29/2026 | Pending sale | $1,200,000$591/sqft |
Source: NWMLS as distributed by MLS GRID #2510691 Report a problem | ||
| 4/21/2026 | Listed for sale | $1,200,000+1500%$591/sqft |
Source: NWMLS as distributed by MLS GRID #2510691 Report a problem | ||
| 12/1/1993 | Sold | $75,000$37/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$1,152,000
