Prime Ravenna development opportunity with much of the front-end diligence already completed. The preliminary architectural plans envision 7 modern style 1,600+ sqft townhomes, positioned in one of Seattle's most sought-after residential neighborhoods. A substantial amount of due diligence has already been completed, including survey, geotech report, arborist report, wetlands study, and civil engineering proposal. The groundwork has been laid, allowing the next owner to focus on advancing permits and bringing the project to completion. Ravenna has strong buyer demand with its proximity to the University District, Green Lake, light rail, parks, restaurants, and more making this an ideal site for new construction. Opportunities with this level of preparation and upside are rare. Acquire a site with momentum already in place and capitalize on the value created through entitlement and build out.
Pending feasibility
Listed by: COMPASS • Zachary Lazo
$875,000
8315 Ravenna Avenue NE, Seattle, WA 98115
3beds
910sqft
Single Family Residence
Built in 1942
0.25 Acres Lot
$845,700 Zestimate®
$962/sqft
$-- HOA
What's special
- 97 days
- 14
- 1
Zillow last checked:
Listing updated:
Listed by:
Zachary Lazo,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2529432
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Den office
- Level: Second
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Ductless, Electric, Wood
Cooling
- Ductless
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer, Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Features
- Flooring: Hardwood, Vinyl Plank
- Windows: Dbl Pane/Storm Window
- Basement: None
- Has fireplace: No
- Fireplace features: Wood Burning
Interior area
- Total structure area: 910
- Total interior livable area: 910 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 1
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window
Lot
- Size: 0.25 Acres
- Features: Deck, Fenced-Fully
Details
- Parcel number: 3188100530
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1942
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Available, Sewer Connected, Company: Seattle Public Utilities
- Water: Public, Company: Seattle Public Utilities
Community & HOA
Community
- Subdivision: Wedgwood
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $962/sqft
- Tax assessed value: $761,000
- Annual tax amount: $1,654
- Date on market: 5/29/2026
- Cumulative days on market: 98 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Estimated market value
$845,700
$803,000 - $888,000
$3,423/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Pending sale | $875,000$962/sqft |
Source:  NWMLS as distributed by MLS GRID #2529432 Report a problem | ||
| 5/29/2026 | Listed for sale | $875,000$962/sqft |
Source: NWMLS as distributed by MLS GRID #2529432 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,689 +2.1% | $359,000 |
| 2024 | $1,654 -1.3% | $359,000 |
| 2023 | $1,676 | $359,000 |
| 2022 | -- | $359,000 |
| 2021 | $1,644 +1.5% | $359,000 |
| 2020 | $1,619 +4.3% | $359,000 |
| 2019 | $1,552 +2.1% | $359,000 |
| 2018 | $1,520 -66.8% | $359,000 -12.4% |
| 2017 | $4,579 +244.1% | $410,000 +7% |
| 2016 | $1,330 | $383,000 +10.1% |
| 2015 | $1,330 | $348,000 +11.2% |
| 2014 | $1,330 | $313,000 -17.8% |
| 2013 | $1,330 | $381,000 +8.5% |
| 2012 | -- | $351,000 +185.1% |
| 2011 | -- | $123,100 |
| 2010 | -- | $123,100 |
| 2009 | -- | $123,100 |
| 2007 | -- | $123,100 |
| 2006 | -- | $123,100 |
| 2005 | -- | $123,100 |
| 2001 | $514 +2.3% | $123,100 |
| 2000 | $502 | $123,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Ravenna
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