Ready-to-build opportunity with City of Seattle permit for a 6,200+ SF custom home. Set on a rare and level 20,699 SF lot in Madison Estates, an exclusive, gated Lake Washington luxury community in the heart of Madison Park. This property offers a truly special setting. The site is beautifully positioned beside an architect-designed pond and surrounded by mature old-growth trees, creating a serene and distinctive landscape. Enjoy private community access to a boat dock and waterfront features. Permitted plans for a stunning Northwest Contemporary residence are included, or bring your own vision (in compliance with the HOA). Ideally located only blocks from the vibrant Madison Park Village, with its popular shops, restaurants, parks, and schools. Seller financing available.
Pending
Listed by: Realogics Sotheby's Int'l Rlty • Kathryn Holly Hinds
$1,500,000
2540 39th Avenue E #5, Seattle, WA 98112
--beds
--baths
0.48Acres
:
Get pre-qualified$10,600/mo
Unimproved Land
Built in ----
0.48 Acres Lot
$-- Zestimate®
$--/sqft
$1,188/mo HOA
What's special
Serene and distinctive landscape
- 94 days |
- 169 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Kathryn Holly Hinds,
Realogics Sotheby's Int'l Rlty,
Taylor Anne Hinds,
Realogics Sotheby's Int'l Rlty
Source: NWMLS as distributed by MLS GRID,MLS#: 2510960
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, No Bank
Lot
- Size: 0.48 Acres
- Dimensions: 20,699
- Features: Cul-De-Sac, Dead End Street, Paved
- Topography: Level
Details
- Parcel number: 4114600339
- Zoning: NR3
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: In Street
- Water: Available, In Street, Jurisdiction: City of Seattle
- Utilities for property: Electricity Available, Natural Gas Available, See Remarks
Community & HOA
Community
- Features: Boat Launch, CCRs, Gated
- Subdivision: Madison Park
HOA
- Services included: Common Area Maintenance, Road Maintenance, See Remarks
- HOA fee: $1,188 monthly
Location
- Region: Seattle
Financial & listing details
- Annual tax amount: $16,050
- Date on market: 7/4/2025
- Cumulative days on market: 386 days
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,759/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2026 | Pending sale | $1,500,000 |
Source:  NWMLS as distributed by MLS GRID #2510960 Report a problem | ||
| 4/21/2026 | Listed for sale | $1,500,000-3.2% |
Source: NWMLS as distributed by MLS GRID #2510960 Report a problem | ||
| 4/2/2021 | Listing removed | -- |
Source:  Windermere Real Estate Report a problem | ||
| 1/28/2021 | Pending sale | $1,550,000 |
Source: Windermere Real Estate Co. #1630731 Report a problem | ||
| 8/7/2020 | Listed for sale | $1,550,000 |
Source: Windermere Real Estate Co. #1630731 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Madison Park
Nearby schools
GreatSchools rating
- 8/10McGilvra Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Edmonds S. Meany Middle SchoolGrades: 6-8Distance: 1.7 mi
- 8/10Garfield High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Seattle Public Sch
- Middle: Seattle Public Sch
- High: Seattle Public Sch
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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