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Listed by:Keller Williams Realty Bothell • Mark Hewitt
$695,000
Est. payment /mo
5,765 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Greenwood
MLS Listing ID 2464418
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $8,949
Lot Size 5,765 Sqft
Property Sub-Type Land
Property Description
Prime LR2 (M1) Development Site – Value in Land. High-potential lot for townhomes or a cottage housing community. Zoned LR2 (M1), this site supports increased density with a 1.4-1.5 FAR (Floor Area Ratio) and 40' height limits under current standards. The existing structure is a teardown and sold as-is (Do Not Disturb Tenants). Precedent for high-capacity use is established next door, where an 8-unit townhome project is already under construction, ideally suited for "missing middle" housing or a cluster cottage development in a high-demand area. Discussions have included 8-unit townhomes or 4-unit cottages. No minimum parking required if within an Urban Center/Village (buyer to verify). Secure this builder-ready site today!
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected
View Y/N Yes
View Territorial
Garage Yes
Building
Lot Description Paved
Sewer Available, On Property
Water Available, On Property
Schools
Elementary Schools Viewlands
Middle Schools Robert Eagle Staff Middle School
High Schools Ingraham High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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