Positioned in the heart of South Seattle, this exceptional development opportunity offers outstanding potential in a highly accessible location just minutes from Highway 99 and I-5. The property is ideally suited for a six-unit project and comes with much of the preliminary work already completed, creating a rare chance for builders, investors, and developers to move forward with confidence. A survey has been completed, preliminary site planning and unit design are in place, and the project is ready to be submitted to the county for permits so construction can begin. With sewer available and electrical, gas, and water already on site, this parcel is well positioned for efficient development. The property has also been perked and will include all onsite drainage, helping simplify the next phase of the process. Adding even more value, the existing home is in good condition and offers flexibility for interim rental income while permits are being processed. Rear access is available and only needs to be cleared, providing added convenience for future site use and construction planning. This is a standout opportunity to secure a property with strong upside, essential infrastructure in place, and a clear path toward development in a desirable South Seattle location. Whether you are looking to build, invest, or hold for future growth, this property offers a rare combination of location, readiness, and potential.
Active
Listed by: John L. Scott, Inc
$684,950
742 S Director Street, Seattle, WA 98108
2beds
760sqft
Single Family Residence
Built in 1929
7,801 Square Feet Lot
$676,100 Zestimate®
$901/sqft
$-- HOA
What's special
- 48 days |
- 108 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Richard Bezus,
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2521465
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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
Heating
- Ductless, Electric, Natural Gas
Cooling
- Ductless
Appliances
- Included: Tankless Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 760
- Total interior livable area: 760 sqft
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,801 Square Feet
Details
- Parcel number: 7883602275
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Cement Planked, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1929
- Major remodel year: 1929
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: South Park
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $901/sqft
- Tax assessed value: $429,000
- Annual tax amount: $4,929
- Date on market: 5/11/2026
- Cumulative days on market: 49 days
- Listing terms: Conventional,FHA,Rehab Loan,VA Loan
Estimated market value
$676,100
$642,000 - $710,000
$3,127/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listed for sale | $684,950+33%$901/sqft |
Source: | ||
| 2/7/2022 | Sold | $515,000+21.2%$678/sqft |
Source: | ||
| 1/12/2022 | Pending sale | $425,000$559/sqft |
Source: | ||
| 1/5/2022 | Listed for sale | $425,000+459.2%$559/sqft |
Source: | ||
| 11/28/2018 | Listing removed | $2,495$3/sqft |
Source: Avenue One Residential Report a problem | ||
| 11/21/2018 | Price change | $2,495-0.2%$3/sqft |
Source: Avenue One Residential Report a problem | ||
| 11/17/2018 | Listed for rent | $2,500$3/sqft |
Source: Avenue One Residential Report a problem | ||
| 4/18/2000 | Sold | $76,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,248 +6.5% | $429,000 -0.9% |
| 2024 | $4,930 +9.5% | $433,000 +9.3% |
| 2023 | $4,502 +6.2% | $396,000 -4.8% |
| 2022 | $4,241 +14.3% | $416,000 +26.8% |
| 2021 | $3,712 +5.1% | $328,000 +10.8% |
| 2020 | $3,531 +3.9% | $296,000 +2.1% |
| 2019 | $3,399 +18.7% | $290,000 +9.4% |
| 2018 | $2,863 +6% | $265,000 +21.6% |
| 2017 | $2,701 +33.5% | $218,000 +13% |
| 2016 | $2,024 | $193,000 +2.7% |
| 2015 | $2,024 | $188,000 +11.2% |
| 2014 | $2,024 | $169,000 |
| 2013 | $2,024 | $169,000 -1.2% |
| 2012 | -- | $171,000 -10% |
| 2011 | -- | $190,000 -6.4% |
| 2010 | -- | $203,000 |
| 2009 | -- | $203,000 +17.3% |
| 2007 | -- | $173,000 +6.8% |
| 2006 | -- | $162,000 +13.3% |
| 2005 | -- | $143,000 +50.5% |
| 2001 | $1,193 +9.6% | $95,000 +14.5% |
| 2000 | $1,088 | $83,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: South Park
Nearby schools
GreatSchools rating
- 3/10Concord Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 7/10Denny Middle SchoolGrades: 6-8Distance: 2 mi
- 3/10Chief Sealth High SchoolGrades: 9-12Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Seattle
- 98108
- South Park
- 742 S Director Street







