Prime redevelopment opportunity in Seattle’s sought-after Queen Anne / Interbay corridor. Property is being sold as-is, can reuse existing framing and partial foundation. City permits and architectural renderings are already in place for future development and included with the sale, offering a potential time savings for the next owner. Single Family Home (SFH) and Accessory Dwelling Unit (ADU) potential! Convenient locations for commuters with quick access to Downtown Seattle, South Lake Union, and major transit routes, the location offers easy connectivity while maintaining the residential appeal of Queen Anne. Close to parks, dining, and neighborhood amenities, this is a rare chance to build in one of Seattle’s most desirable neighborhoods with much of the groundwork already completed. Buyer to verify all development information to their satisfaction.
Active
Listed by: Windermere Real Estate Co. • Gunnar M. Hadley
Price cut: $200K (6/10)
$650,000
2531 Gilman Drive W, Seattle, WA 98199
--beds
--baths
2,909Square Feet
Unimproved Land
Built in ----
2,909 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 122 days |
- 181 |
- 4 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Gunnar M. Hadley,
Windermere Real Estate Co.,
Caitlin Olsen,
Windermere Real Estate Co.
Source: NWMLS as distributed by MLS GRID,MLS#: 2493370
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 2,909 Square Feet
Details
- Parcel number: 2771108085
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: Available
- Gas: Available
- Sewer: Available
- Water: See Remarks
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Queen Anne
Location
- Region: Seattle
Financial & listing details
- Tax assessed value: $575,000
- Annual tax amount: $5,753
- Date on market: 3/18/2026
- Cumulative days on market: 123 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,958/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $650,000-23.5% |
Source:  NWMLS as distributed by MLS GRID #2493370 Report a problem | ||
| 3/18/2026 | Listed for sale | $850,000+78.9% |
Source: NWMLS as distributed by MLS GRID #2493370 Report a problem | ||
| 12/27/2024 | Sold | $475,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,188 +7.6% | $575,000 |
| 2024 | $5,753 +2.7% | $575,000 |
| 2023 | $5,604 +5.3% | $575,000 -5.6% |
| 2022 | $5,320 +30.7% | $609,000 +44.7% |
| 2021 | $4,072 +2.8% | $421,000 +8.2% |
| 2020 | $3,960 -8.8% | $389,000 -10.8% |
| 2019 | $4,340 +12.8% | $436,000 +1.6% |
| 2018 | $3,846 +0.2% | $429,000 +15% |
| 2017 | $3,839 +40.9% | $373,000 +7.2% |
| 2016 | $2,725 | $348,000 +3.9% |
| 2015 | $2,725 | $335,000 +23.6% |
| 2014 | $2,725 | $271,000 +5.4% |
| 2013 | $2,725 | $257,000 +4.9% |
| 2012 | -- | $245,000 -2.8% |
| 2011 | -- | $252,000 +5.9% |
| 2010 | -- | $238,000 -25.2% |
| 2009 | -- | $318,000 +72.8% |
| 2007 | -- | $184,000 +10.8% |
| 2006 | -- | $166,000 |
| 2005 | -- | $166,000 +48.2% |
| 2001 | $1,387 +10.2% | $112,000 +15.5% |
| 2000 | $1,259 | $97,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: West Queen Anne
Nearby schools
GreatSchools rating
- 9/10Coe Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10McClure Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10The Center SchoolGrades: 9-12Distance: 1.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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