Prime development opportunity in Seattle’s rapidly growing Mount Baker neighborhood. Positioned on a desirable corner lot, this LR2-zoned property offers exceptional flexibility for builders and investors—ideal for townhomes, small multifamily (2–4 units), or a larger-scale apartment or condo project (buyer to verify). The existing home is livable, with a long-term tenant recently vacated, but the true value lies in the land and its development potential. All utilities are available on-site, helping streamline the entitlement and building process. The flat, usable lot configuration further enhances efficiency for site planning and construction. Located just minutes from the Mount Baker light rail station, this property offers strong transit-oriented appeal, making it highly attractive for future residents and renters alike. Convenient access to I-90 provides quick connectivity to I-5, I-405, downtown Seattle, Bellevue, and beyond. This central location continues to see strong growth, driven by infrastructure, accessibility, and increasing housing demand. The seller has not pursued full development, creating an opportunity for the next owner to step in and unlock the site’s full potential. Seller is open to working with buyers exploring a mid-sized project. Opportunities like this—combining zoning flexibility, location, and upside—are increasingly rare in this high-demand corridor. Bring your vision and capitalize on the growth of Mount Baker.
Active
Listed by: John L. Scott, Inc
Price cut: $100K (6/19)
$1,050,000
3101 S Walden Street, Seattle, WA 98144
2beds
610sqft
Single Family Residence
Built in 1963
7,200 Square Feet Lot
$1,015,600 Zestimate®
$1,721/sqft
$-- HOA
What's special
- 76 days |
- 103 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Paul F. Mackay Jr,
John L. Scott, Inc,
Dayton Mackay,
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2508686
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Electric
Cooling
- None
Appliances
- Included: Water Heater: Electric
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 610
- Total interior livable area: 610 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Has garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,200 Square Feet
- Dimensions: 120 ft x 60 ft
- Features: Corner Lot
- Topography: Level
Details
- Parcel number: 1282301180
- Zoning: LR2
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Products
- Roof: Composition
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Available
- Water: Public
Community & HOA
Community
- Subdivision: Mt Baker
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $1,721/sqft
- Tax assessed value: $1,026,000
- Annual tax amount: $10,382
- Date on market: 4/16/2026
- Cumulative days on market: 77 days
- Listing terms: Conventional
Estimated market value
$1,015,600
$965,000 - $1.07M
$2,087/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Price change | $1,050,000-8.7%$1,721/sqft |
Source: | ||
| 4/17/2026 | Listed for sale | $1,150,000$1,885/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,164 +7.5% | $1,026,000 |
| 2024 | $10,382 +12.6% | $1,026,000 +11.9% |
| 2023 | $9,219 +27.5% | $917,000 +17% |
| 2022 | $7,229 +0.7% | $784,000 +8.7% |
| 2021 | $7,182 +44.6% | $721,000 +60.2% |
| 2020 | $4,965 +2.4% | $450,000 +0.7% |
| 2019 | $4,848 +16.2% | $447,000 +5.7% |
| 2018 | $4,172 -1.8% | $423,000 +11.3% |
| 2017 | $4,250 +2.5% | $380,000 +13.1% |
| 2016 | $4,147 | $336,000 +15.1% |
| 2015 | $4,147 | $292,000 -26.6% |
| 2014 | $4,147 | $398,000 +12.7% |
| 2013 | $4,147 | $353,000 +10% |
| 2012 | -- | $321,000 -3.6% |
| 2011 | -- | $333,000 -4.3% |
| 2010 | -- | $348,000 |
| 2009 | -- | $348,000 +143.4% |
| 2007 | -- | $143,000 +3.6% |
| 2006 | -- | $138,000 +12.2% |
| 2005 | -- | $123,000 +13.9% |
| 2001 | $1,341 +14.3% | $108,000 +20% |
| 2000 | $1,174 | $90,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Mt. Baker
Nearby schools
GreatSchools rating
- 4/10John Muir Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Washington Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Franklin High SchoolGrades: 9-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Seattle
- 98144
- Mt. Baker
- 3101 S Walden Street






