Listed by WeLakeside
$2,480,000

Estimated payment $16,447/month

Total Views 490
0.15 Acre
$16,666,667 Price per Acre
6,480 Sq Ft Lot

Highlights

  • Corner Lot
  • No HOA
  • Park
  • Coe Elementary School Rated A
  • Community Playground

About This Lot

Rarely available mid-rise development site in Seattle’s vibrant Belltown neighborhood. This 6,480 SF parcel , zoned DMR/R 95/65, supports up to 95 feet of residential development or 65 feet for mixed-use with commercial at street level. Incredible asking price includes an 8-story, 59-unit apartment building design proposal. Located mid-block on 2nd Ave, this site is ideal for developers looking to deliver a boutique residential or rental asset in one of Seattle’s most active urban cores. Alternatively, an investor seeking to acquire a prime piece of real estate in the heart of Seattle at an exceptional price. High walkability and seamless access to downtown amenities, Space Needle, Pike Place Market, Amazon HQ, and new waterfront promenade.

Listing Agent

Ling Drost

WeLakeside License #27427 Listed on: 07/01/2025

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2400929

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $33,005

Lot Details

  • 6,480 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Zoning described as Multi-Family,Residential,Retail

Listing and Financial Details

  • Assessor Parcel Number 0694000035

Community Details

Overview

  • No Home Owners Association
  • Belltown Subdivision

Recreation

  • Community Playground
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$33,005

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential, Retail
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: Paved
  • WaterJurisdiction: City of Seattle

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Community Features: Park, Playground
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0694000035
  • Topography: Level
  • Lot Size Acres: 0.1488
  • Lot Size Sq Ft: 6480
  • Zoning Description: Multi-Family,Residential,Retail
  • Zoning: DMR/R95/65
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2025
  • Tax Annual Amount: 33005

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,796 $1,341,000 $567,000 $774,000
2023 $11,760 $1,255,000 $567,000 $688,000
2022 $7,286 $1,358,000 $600,000 $758,000
2021 $6,977 $785,000 $343,000 $442,000
2020 $7,681 $713,000 $315,000 $398,000
2018 $6,765 $785,000 $337,000 $448,000
2017 $6,052 $679,000 $292,000 $387,000
2016 $6,053 $628,000 $272,000 $356,000
2015 $4,969 $615,000 $247,000 $368,000
2014 -- $513,000 $198,000 $315,000
2013 -- $482,000 $187,000 $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $2,480,000 +65.9% --
03/14/2022 03/14/22 Sold $1,495,000 +6.9% $695 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $1,398,888 -- $651 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,495,000 None Listed On Document
Interfamily Deed Transfer -- Old Republic T
Warranty Deed $549,000 Rainier Title
Warranty Deed $395,000 Transnation Ti
Warranty Deed $198,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $891,250 New Conventional
Previous Owner $238,799 Credit Line Revolving
Previous Owner $171,240 Credit Line Revolving
Previous Owner $118,500 Credit Line Revolving
Previous Owner $562,168 FHA
Previous Owner $511,060 FHA
Previous Owner $276,500 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2400929

Northwest Multiple Listing Service (NWMLS)

APN: 179450-0300