ATTN Developers, Builders, & Investors! An exceptional, high-density development opp a/w in Lake City urban corridor. Offer for the first time, 7818 & 7822 Lake City Way combined, near-level ~9,000 SF footprint primed for a mid-rise, mixed-use project. Featuring robust C1-55 zoning w/ an allowable 3.75 FAR, provides a clear, predictable pathway to construct. a 6-story bldg. Prelim Feasibility highlights an ideal yield of up to 42 RES units (suited for studios/1-bdrm) ground-floor commercial use. Take advantage of Seattle’s 4-foot gnd-fl height bonus to max. ceiling & views, utilizing UG parking entry. Strong local rental demand, prime eligibility for Seattle's 12 year Multi-family Tax Exemption (MFTE) program to max. your post-stabilization yields. while you clear your master use permits (MUP). Buyer to verify all feasibility and zoning constraints to their satisfaction. Total Lot Size: Approx. 9,000 SF (Combined dual-parcel assemblage) Zoning: C1-55 (Commercial 1, 55’ base height limit) Development Capacity: Up to 33,750 gross buildable SF under a 3.75 FAR Pro-Forma Optimization: High-velocity rental sub-market with excellent financial metrics leveraging Seattle's 12-year MFTE property tax exemption.6-story building featuring ground-floor commercial retail and 5 levels of multifamily housing (up to 42 units). Covered Land Play: Existing residential structures offer immediate holding rental cash flow during the architectural and permitting phases.
Active
Listed by: Kelly Right RE of Seattle LLC • Diane Li
Price cut: $50K (6/14)
$850,000
7822 NE Lake City Way NE, Seattle, WA 98115
3beds
1,960sqft
:
Get pre-qualified$5,224/mo
Single Family Residence
Built in 1925
4,935 Square Feet Lot
$829,700 Zestimate®
$434/sqft
$-- HOA
What's special
- 92 days |
- 214 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Diane Li,
Kelly Right RE of Seattle LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2508699
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Den office
- Level: Main
Dining room
- Level: Lower
Dining room
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Kitchen with eating space
- Level: Lower
Heating
- Fireplace, Baseboard, Electric
Cooling
- Forced Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Laundry Room
Features
- Dining Room
- Flooring: Hardwood
- Doors: French Doors
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,960
- Total interior livable area: 1,960 sqft
Property
Parking
- Total spaces: 180
- Parking features: Detached Garage
- Has garage: Yes
- Covered spaces: 180
Features
- Levels: Multi/Split
- Patio & porch: Dining Room, Fireplace, French Doors, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 4,935 Square Feet
- Dimensions: 4937
- Features: Paved, Sidewalk, Fenced-Fully, Gated Entry
- Residential vegetation: Garden Space
Details
- Parcel number: 297800215
- Zoning: C1-55
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Multi Level
- Property subtype: Single Family Residence
Materials
- Cement/Concrete
- Foundation: Block
- Roof: Composition
Condition
- Average
- Year built: 1925
Utilities & green energy
- Electric: Company: SPL
- Sewer: Available, Company: SPU
- Water: Community, Company: SPU
Community & HOA
Community
- Subdivision: Ravenna
HOA
- HOA phone: 425-789-7766
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $434/sqft
- Tax assessed value: $1,045,000
- Annual tax amount: $11,036
- Date on market: 4/22/2026
- Cumulative days on market: 94 days
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 4600
Estimated market value
$829,700
$788,000 - $871,000
$4,364/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2026 | Price change | $850,000-5.6%$434/sqft |
Source:  NWMLS as distributed by MLS GRID #2508699 Report a problem | ||
| 5/12/2026 | Price change | $900,000-6.3%$459/sqft |
Source: NWMLS as distributed by MLS GRID #2508699 Report a problem | ||
| 4/24/2026 | Listed for sale | $960,000+20%$490/sqft |
Source: NWMLS as distributed by MLS GRID #2508699 Report a problem | ||
| 12/22/2017 | Sold | $800,000+88.2%$408/sqft |
Source: Public Record Report a problem | ||
| 2/1/2013 | Listing removed | $1,495$1/sqft |
Source: SeattleRentals.com Report a problem | ||
| 1/4/2013 | Listed for rent | $1,495$1/sqft |
Source: SeattleRentals.com Report a problem | ||
| 1/20/2006 | Sold | $425,000+37.5%$217/sqft |
Source: NWMLS as distributed by MLS GRID #25171430 Report a problem | ||
| 10/15/2004 | Sold | $309,000+135%$158/sqft |
Source: NWMLS as distributed by MLS GRID #24093537 Report a problem | ||
| 1/14/1997 | Sold | $131,500$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,977 +11.6% | $1,045,000 +4% |
| 2024 | $9,832 +8.9% | $1,005,000 +7.3% |
| 2023 | $9,026 +0.7% | $937,000 -10% |
| 2022 | $8,964 +7.6% | $1,041,000 +17.1% |
| 2021 | $8,333 +14.1% | $889,000 +21% |
| 2020 | $7,306 +18% | $735,000 +17.8% |
| 2019 | $6,190 +17.8% | $624,000 +6.5% |
| 2018 | $5,253 -3.9% | $586,000 +9.9% |
| 2017 | $5,465 +34.8% | $533,000 +7% |
| 2016 | $4,055 | $498,000 +9.9% |
| 2015 | $4,055 | $453,000 +11% |
| 2014 | $4,055 | $408,000 +17.6% |
| 2013 | $4,055 | $347,000 +8.4% |
| 2012 | -- | $320,000 +1.3% |
| 2011 | -- | $316,000 -6.2% |
| 2010 | -- | $337,000 |
| 2009 | -- | $337,000 +18.7% |
| 2007 | -- | $284,000 +6% |
| 2006 | -- | $268,000 |
| 2005 | -- | $268,000 +38.9% |
| 2001 | $2,314 +7.8% | $193,000 +13.5% |
| 2000 | $2,147 | $170,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Roosevelt
Nearby schools
GreatSchools rating
- 7/10Green Lake Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 9/10Eckstein Middle SchoolGrades: 6-8Distance: 1 mi
- 10/10Roosevelt High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Green Lake
- Middle: Eckstein Mid
- High: Roosevelt High
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.
- $840,0003 bd2 ba1.9k sqft7818 Lake City Way NE, Seattle, WA 98115For Sale
- $879,8003 bd3 ba1.4k sqft7803 A 12 Ave NE, Seattle, WA 98115Off Market
- $850,0003 bd3 ba2.8k sqft7806 Lake City Way NE, Seattle, WA 98115Sold
- $1,388,0004 bd2 ba2.8k sqft1216 NE 77th St, Seattle, WA 98115Sold
- $861,5003 bd3 ba1.4k sqft7809 12th Ave NE #A, Seattle, WA 98115Off Market
- $861,5003 bd3 ba1.4k sqft7803 12th Ave NE #A, Seattle, WA 98115Off Market
- $700,0003 bd3 ba1.4k sqft7803 12th Ave NE #B, Seattle, WA 98115Sold
- $670,0003 bd2 ba1.2k sqft7552 12th Ave NE UNIT C, Seattle, WA 98115Sold
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $840,0003 bd2 ba1.9k sqft9-10, Seattle, WA 98115ActiveMLS ID #2514400, Diane Li. NWMLS as distributed by MLS GRID
- $850,0004 bd2 ba1.9k sqft10713 15th Ave Ne, A Condominium, Seattle, WA 98125Active
MLS ID #2551366, Ryan Valdes. NWMLS as distributed by MLS GRID - $795,0003 bd2 ba1.4k sqftSimpsons Add, Seattle, WA 98103Active
MLS ID #2541630, Neda Perrina. NWMLS as distributed by MLS GRID - $1,095,0003 bd2 ba1.8k sqft647 NW 51st Street, Seattle, WA 98107Active
MLS ID #2558211, Keith Reed. NWMLS as distributed by MLS GRID - $750,0005 bd2 ba1.5k sqft5706 35th Ave NE, Seattle, WA 98105ActiveMLS ID #2529461, Travis Bain. NWMLS as distributed by MLS GRID
- $995,0003 bd4 ba2k sqft3832 S Edmunds Street Ct, Seattle, WA 98118ActiveMLS ID #2559806, Anne Marie Peterson. NWMLS as distributed by MLS GRID
- $879,9502 bd3 ba1k sqft4114 NE 60th Street, Seattle, WA 98115ActiveMLS ID #2534204, Tony Ferrelli. NWMLS as distributed by MLS GRID
- $995,0003 bd4 ba2k sqftLicton Spgs Park Add, Seattle, WA 98103ActiveMLS ID #2523005, Robin Sheridan. NWMLS as distributed by MLS GRID
- $775,0003 bd2 ba1.6k sqftWoodland Add To Salmon Bay, Seattle, WA 98103ActiveMLS ID #2519366, Javila Creer. NWMLS as distributed by MLS GRID
- $865,0003 bd3 ba1.7k sqftGilmans Add Blks 01 Thru 87, Seattle, WA 98199ActiveMLS ID #2537047, Heather Blacksmith. NWMLS as distributed by MLS GRID
- $1,092,0003 bd2 ba1.8k sqft4333 32nd Avenue W, Seattle, WA 98199ActiveMLS ID #2549043, Timothy Mangold. NWMLS as distributed by MLS GRID
- $899,0002 bd2 ba1.1k sqftJade Residences, Kirkland, WA 98034ActiveMLS ID #2550102, Jennifer N Ruud-Johnson. NWMLS as distributed by MLS GRID
- $780,0003 bd4 ba1.7k sqft3425 21st Avenue W #A, Seattle, WA 98199ActiveMLS ID #2548532, Yujing Sun. NWMLS as distributed by MLS GRID
- $850,0003 bd3 ba1.2k sqft1816 14th Avenue #A, Seattle, WA 98122ActiveMLS ID #2485898, Michelle Lions. NWMLS as distributed by MLS GRID
- $1,199,8003 bd3 ba1.9k sqftLagrande Ext Add, Seattle, WA 98103ActiveMLS ID #2532571, Elaine Shankland. NWMLS as distributed by MLS GRID
- $735,0003 bd3 ba1.5k sqft6704 15th Avenue NW, Seattle, WA 98117ActiveMLS ID #2547764, Brian Alfi. NWMLS as distributed by MLS GRID
- $769,5002 bd2 ba1.4k sqftFremont 5, Seattle, WA 98103ActiveMLS ID #2542925, Daniel Renné. NWMLS as distributed by MLS GRID
- $875,0002 bd2 ba1.3k sqft2517 - 2519 E Pike Street, Seattle, WA 98122ActiveMLS ID #2509267, Lia Huang. NWMLS as distributed by MLS GRID
- $775,0004 bd2 ba2k sqftRainier Beach Add, Seattle, WA 98118ActiveMLS ID #2509470, Don Koonce. NWMLS as distributed by MLS GRID
- $775,0003 bd2 ba1.7k sqft3812 22nd Avenue SW, Seattle, WA 98106ActiveMLS ID #2503720, Brian Side. NWMLS as distributed by MLS GRID
