Exceptional Development Opportunity in Seattle's Growing Rainier Beach Neighborhood! Rare chance for developers, builders, and investors to acquire an LR2-zoned parcel in one of Seattle's rapidly evolving communities. Priced below assessed value, this property offers outstanding upside potential for a variety of residential development options. Builders will appreciate the flexibility of LR2 zoning, making this an excellent site for townhomes, row houses, cottage housing, or apartment-style development (buyer to verify). The location combines strong neighborhood amenities with excellent transit access, creating an attractive setting for future residents. Ideally situated just a short walk from the Rainier Beach Light Rail Station, providing convenient access to Downtown Seattle, Sea-Tac Airport, and major employment centers. Enjoy close proximity to Lake Washington, located less than half a mile away, along with nearby parks, beaches, trails, and recreational opportunities. The Rainier Beach Community Center is just down the block and features fitness facilities, swimming, classes, and community programs. Whether you're looking to build for-sale housing, townhomes, or multifamily units, this is a compelling opportunity to secure a well-located development site in a neighborhood poised for continued growth and investment. Buyer to verify all development potential, zoning regulations, and capacity to their satisfaction.
Active
Listed by: Windermere R.E. Shoreline • Tommy Quach
Price cut: $50K (9/23)
$225,000
9100 46th Avenue S, Seattle, WA 98118
--beds
--baths
0.5Acres
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
- on Zillow
- 84
- views
- 12
- saves
Zillow last checked:
Listing updated:
Listed by:
Tommy Quach,
Windermere R.E. Shoreline
Source: NWMLS as distributed by MLS GRID,MLS#: 2542617
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 0.5 Acres
Details
- Parcel number: 2123700445
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: Available
- Sewer: Available, In Street
- Water: In Street
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Rainier Beach
Location
- Region: Seattle
Financial & listing details
- Annual tax amount: $3,278
- Date on market: 6/18/2026
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Price change | $225,000-18.2% |
Source: | ||
| 6/18/2026 | Listed for sale | $275,000 |
Source: | ||
Public tax history
Tax history is unavailable.







