Investment opportunity in one of Matthews Beach most desirable settings. This private, quiet parcel offers a rare combination of prime location, flexible zoning, and development flexibility. Surrounded by expansive open space with potential for sweeping territorial views, this property feels both serene and connected. It’s the perfect canvas to design and build a signature residence or capitalize on its versatile zoning potential. Just moments from the scenic Burke-Gilman Trail, Matthews Beach Park, Lake Washington, and Magnuson Park. Stroll to neighborhood destinations including Magnuson Cafe & Brewery, Grand Central Bakery, Wedgwood Broiler, and Fiddler's Inn. Everyday essentials are equally convenient with nearby Metropolitan Market and PCC Community Markets. Eeasy access to public transportation and major freeways. The property is sold as-is. The existing structure has already been prepared for removal, allowing you to move directly into the next phase of development.
Active
Listed by: Windermere Real Estate Co. • Marilyn C. Smith
$945,000
9229 45th Avenue NE, Seattle, WA 98115
5beds
1,750sqft
Single Family Residence
Built in 1923
0.31 Acres Lot
$914,400 Zestimate®
$540/sqft
$-- HOA
What's special
- --
- on Zillow
- 313
- views
- 19
- saves
Zillow last checked:
Listing updated:
Listed by:
Marilyn C. Smith,
Windermere Real Estate Co.
Source: NWMLS as distributed by MLS GRID,MLS#: 2573771
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Second
Bathroom full
- Level: Main
Heating
- Forced Air, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 1,750
- Total interior livable area: 1,750 sqft
Property
Parking
- Parking features: None
Features
- Levels: One and One Half
- Stories: 1
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.31 Acres
- Features: Value In Land
- Topography: Partial Slope
- Residential vegetation: Brush, Wooded
Details
- Parcel number: 5210200145
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1923
- Major remodel year: 1923
Utilities & green energy
- Electric: Company: Seattle Public Utility
- Sewer: Available, Company: Seattle Public Utility
- Water: Public, Company: Seattle Public Utility
Community & HOA
Community
- Subdivision: Matthews Beach
HOA
- HOA phone: 206-307-8881
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $540/sqft
- Tax assessed value: $954,000
- Annual tax amount: $9,339
- Date on market: 8/25/2026
- Listing terms: Conventional
Estimated market value
$914,400
$869,000 - $960,000
$3,799/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $945,000+89%$540/sqft |
Source:  NWMLS as distributed by MLS GRID #2573771 Report a problem | ||
| 7/26/2019 | Sold | $500,000$286/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,432 +11.7% | $954,000 +3.9% |
| 2024 | $9,339 +4% | $918,000 +7.2% |
| 2023 | $8,979 +1.1% | $856,000 -10% |
| 2022 | $8,878 +7.5% | $951,000 +17.1% |
| 2021 | $8,262 +13.8% | $812,000 +21% |
| 2020 | $7,263 -5.7% | $671,000 -8.3% |
| 2019 | $7,701 +17.3% | $732,000 +6.6% |
| 2018 | $6,566 -3.3% | $687,000 +9.9% |
| 2017 | $6,789 +34.8% | $625,000 +7% |
| 2016 | $5,036 | $584,000 +10% |
| 2015 | $5,036 | $531,000 +11.1% |
| 2014 | $5,036 | $478,000 -2.8% |
| 2013 | $5,036 | $492,000 +8.6% |
| 2012 | -- | $453,000 -2.2% |
| 2011 | -- | $463,000 -3.1% |
| 2010 | -- | $478,000 |
| 2009 | -- | $478,000 +14.1% |
| 2007 | -- | $419,000 +5.5% |
| 2006 | -- | $397,000 +8.2% |
| 2005 | -- | $367,000 +45.1% |
| 2001 | $3,001 +9.9% | $253,000 +16.1% |
| 2000 | $2,731 | $218,000 |
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: Wedgwood
Nearby schools
Schools provided by the listing agent
- Elementary: View Ridge
- Middle: Eckstein Mid
- High: Nathan Hale 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.
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