48,925 SF - 6 tax parcels - of NR2 Zoned land located near Kubota Gardens. Neighborhood Residential (NR2) zoning allows for a developer to build four standalone dwelling units on each of the six tax parcels for a total of 24 detached residences on ±1.12 acres. This is one of the few large contiguous development sites left in the City of Seattle, situated on a quiet low-traffic street adjacent to the Chief Sealth Trail and Lakeridge Park, with close proximity to the Rainier Beach Link Light Rail Station, Lake Washington, shops, and grocery stores. See supplements for offering memorandum that better describes the development potential.
Active
Listed by: Paragon Real Estate Advisors • Michael Urquhart
$1,200,000
4755 Bond Street, Seattle, WA 98118
--beds
--baths
1.12Acres
Unimproved Land
Built in ----
1.12 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 107 days |
- 27 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Michael Urquhart,
Paragon Real Estate Advisors,
Ben Douglas,
Paragon Real Estate Advisors
Source: NWMLS as distributed by MLS GRID,MLS#: 2518668
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 1.12 Acres
- Features: Brush, Lightly Treed
- Topography: Level
Details
- Parcel number: 1035000150
- Zoning: NR
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: Available
- Gas: Available
- Sewer: Available
- Water: Available, Jurisdiction: City
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Rainier Beach
Location
- Region: Seattle
Financial & listing details
- Tax assessed value: $271,000
- Annual tax amount: $13,978
- Date on market: 5/6/2026
- Cumulative days on market: 107 days
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,909/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $1,200,000-33.3% |
Source:  NWMLS as distributed by MLS GRID #2518668 Report a problem | ||
| 12/19/2020 | Listing removed | $1,800,000 |
Source: Windermere Real Estate/Bellevue Commons, Inc. #1630229 Report a problem | ||
| 7/14/2020 | Listed for sale | $1,800,000+20% |
Source: Windermere Real Estate/Bellevue Commons, Inc. #1630229 Report a problem | ||
| 11/2/2019 | Listing removed | $1,500,000 |
Source: Windermere Real Estate/Bellevue Commons, Inc. #1525825 Report a problem | ||
| 10/8/2019 | Price change | $1,500,000-16.7% |
Source: Windermere Real Estate/Bellevue Commons, Inc. #1525825 Report a problem | ||
| 8/15/2019 | Listed for sale | $1,800,000+190.3% |
Source: Windermere Real Estate/Bellevue Commons, Inc. #1525825 Report a problem | ||
| 10/28/2016 | Sold | $620,000-3.1% |
Source: NWMLS as distributed by MLS GRID #976369 Report a problem | ||
| 7/31/2016 | Pending sale | $640,000 |
Source: John L Scott Real Estate #976369 Report a problem | ||
| 7/15/2016 | Listed for sale | $640,000 |
Source: John L Scott Real Estate #976369 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,098 +13% | $271,000 +39% |
| 2024 | $2,742 +13.3% | $195,000 +17.5% |
| 2023 | $2,421 +9.5% | $166,000 |
| 2022 | $2,212 +8.2% | $166,000 +19.4% |
| 2021 | $2,043 -56.2% | $139,000 -67.4% |
| 2019 | $4,663 -21.9% | $427,000 -16.8% |
| 2018 | $5,970 +8.1% | $513,000 +23.9% |
| 2017 | $5,522 +47.3% | $414,000 +11.9% |
| 2016 | $3,748 | $370,000 +12.8% |
| 2015 | $3,748 | $328,000 +16.7% |
| 2014 | $3,748 | $281,000 +26.6% |
| 2013 | $3,748 | $222,000 -14.6% |
| 2012 | -- | $260,000 -10.7% |
| 2011 | -- | $291,000 -6.7% |
| 2010 | -- | $312,000 |
| 2009 | -- | $312,000 -3.7% |
| 2007 | -- | $324,000 +4.5% |
| 2006 | -- | $310,000 +23% |
| 2005 | -- | $252,000 +31.9% |
| 2001 | $2,292 +5.5% | $191,000 +11% |
| 2000 | $2,172 | $172,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Rainier Beach
Nearby schools
GreatSchools rating
- 5/10Rainier ViewGrades: PK-5Distance: 1.1 mi
- 7/10Aki Kurose Middle SchoolGrades: 6-8Distance: 2.3 mi
- 2/10Rainier Beach High SchoolGrades: 9-12Distance: 0.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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