$1,050,000

Prime Corner Lot With Exceptional Development Potential

  • 2 Beds
  • 1 Baths
  • 610 Sqft
  • Updated: June 23
  • 2
    Views for last 30 days
  • MLS#2508686

About the Property

Prime development opportunity in Seattle’s rapidly growing Mount Baker neighborhood. Positioned on a desirable corner lot, this Lowrise 2-zoned property offers exceptional flexibility for builders and investors—ideal for townhomes, small multifamily (two to four units), or a larger-scale apartment or condominium project (buyer to verify). The existing home is livable, with a long-term tenant recen
Prime development opportunity in Seattle’s rapidly growing Mount Baker neighborhood. Positioned on a desirable corner lot, this Lowrise 2-zoned property offers exceptional flexibility for builders and investors—ideal for townhomes, small multifamily (two to four units), or a larger-scale apartment or condominium project (buyer to verify). The existing home is livable, with a long-term tenant recently vacated, but the true value lies in the land and its development potential. All utilities are available on-site, helping streamline the entitlement and building process. The flat, usable lot configuration further enhances efficiency for site planning and construction. Located just minutes from the Mount Baker light rail station, this property offers strong transit-oriented appeal, making it highly attractive for future residents and renters alike. Convenient access to Interstate 90 provides quick connectivity to Interstate 5, Interstate 405, downtown Seattle, Bellevue, and beyond. This central location continues to see strong growth, driven by infrastructure, accessibility, and increasing housing demand. The seller has not pursued full development, creating an opportunity for the next owner to step in and unlock the site’s full potential. The seller is open to working with buyers exploring a mid-sized project. Opportunities like this—combining zoning flexibility, location, and upside—are increasingly rare in this high-demand corridor. Bring your vision and capitalize on the growth of Mount Baker.
  • Property type

    House

  • Year built

    1963

  • Price/sqft

    $1,721

Features

  • Investment Property

Explore the Area

3101 Walden Seattle WA 98144 USA, Washington, United States View on Google Maps
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Paul Mackay Jr

Joined 5 years ago
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Paul Mackay Jr
Washington, United States
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7
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2026
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John L. Scott Real Estate - WA/ID/OR/CA
John L. Scott Real Estate - WA/ID/OR/CA
1700 NW Gilman BlvdSuite 300, 98027, Bellevue, Washington, United States
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Exceptional Homes by John L. Scott unites exquisite homes with distinguished consumers of influence and affluence f
Exceptional Homes by John L. Scott unites exquisite homes with distinguished consumers of influence and affluence from around the world. Our luxury brokers understand that the decision to purchase a home is about the property, but also the community and lifestyle. Our Certified Luxury Home Specialists know that bringing together buyers and sellers of luxury homes requires a deep knowledge of all aspects of the market. A thorough and detailed understanding of the trends of the ever-changing, and often competitive, luxury markets of the Pacific Northwest is essential. Our luxury experts are scholars of the market, and will put that knowledge to work for you, whether you are considering selling a home, or looking to purchase your next dream retreat.

In 1931 John L. Scott Real Estate started in Downtown Seattle with the vision of delivering concierge level service by putting clients first. Three generations later, we’ve grown to over 110 offices and more than 3,100 broker associates in Washington, Oregon, Idaho, and California and can attribute our success to the fact that, even after 86 years in the business, we still hold tight to our core value of “Living Life as a Contribution™” in every facet of life: at home, work, and at play.

At John L. Scott Real Estate we believe our clients live exceptional lives, and they deserve Exceptional Homes.
Last updated
June 23
First listed
Apr 18
Listing reference
09a3a520-3a50-11f1-850c-6045bdd61ac4
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