Investors and Builders: Prime Madrona location steps to neighborhood retail and transit. Surrounded by a mix of classic homes, newer townhomes, condos, and commercial amenities, this 6,545 SF NR3-zoned corner lot offers strong redevelopment and value-add potential in a proven growth pocket. Sold As-Is. Flexible options include renovation with ADU/DADU configuration, repairing the existing home, or exploration of multi-unit development under NR3 zoning. The 1,620 SF home is livable and currently occupied by a caretaker but ready for updating. Lower level with separate entry provides ADU potential. Detached garage and additional RV parking create further flexibility for future plans.Bus stop nearby with direct access to downtown Seattle. Buyers to verify development capacity. Ideal opportunity for builders, flippers, or long-term investors seeking upside in an established in-city neighborhood. Private showings available through lockbox appointment, afternoons preferred. See supplements for more information.
158 days
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867
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21
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Zillow last checked:
Listing updated:
Listed by:
Emily Cressey,
KW Greater Seattle
Source: NWMLS as distributed by MLS GRID,MLS#: 2486459
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2
Primary bedroom
Level: Main
Bedroom
Level: Lower
Bedroom
Level: Lower
Bedroom
Level: Main
Bathroom full
Level: Main
Bathroom three quarter
Level: Lower
Dining room
Level: Main
Entry hall
Level: Main
Family room
Level: Lower
Kitchen with eating space
Level: Main
Living room
Level: Main
Utility room
Level: Lower
Heating
See Remarks, Electric
Cooling
None
Appliances
Included: Refrigerator, Stove(s)/Range(s), Refrigerator(s), Water Heater: Electric
Features: Corner Lot, Curbs, Dead End Street, Paved, Sidewalk, Value In Land, Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, RV Parking
Topography: Partial Slope
Details
Parcel number: 9839300646
Zoning: NR3
Zoning description: Jurisdiction: City
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional,1 Story w/Bsmnt.
Property subtype: Single Family Residence
Materials
Metal/Vinyl
Foundation: Poured Concrete
Roof: Composition
Condition
Fixer
Year built: 1952
Utilities & green energy
Electric: Company: Seattle City Light
Sewer: Available, Company: Seattle Public Utilities (SPU)
Water: Public, Company: Seattle Public Utilities (SPU)
Community & HOA
Community
Subdivision: Madrona
HOA
HOA phone: 206-245-8813
Location
Region: Seattle
Financial & listing details
Price per square foot: $432/sqft
Tax assessed value: $703,000
Annual tax amount: $7,486
Date on market: 3/26/2026
Cumulative days on market: 143 days
Listing terms: Rehab Loan
Inclusions: Refrigerator(s), Stove(s)/Range(s)
Estimated market value
Zestimate®
$697,600
Estimated sales range
$663,000 - $732,000
Rent Zestimate®
$4,732/mo
Price history
Date
Event
Price
5/1/2026
Listed for sale
$700,000$432/sqft
Source: NWMLS as distributed by MLS GRID #2486459Report a problem
4/17/2026
Pending sale
$700,000$432/sqft
Source: NWMLS as distributed by MLS GRID #2486459Report a problem
3/11/2026
Listed for sale
$700,000+311.8%$432/sqft
Source: NWMLS as distributed by MLS GRID #2486459Report a problem
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.