$1,950,000

Exceptional Redevelopment Opportunity In North Sound's Urban Area

  • 5 Beds
  • 2 Baths
  • 1,990 Sqft
  • Updated: August 13
  • MLS#2532077

About the Property

Perfectly positioned on an eighteen thousand nine hundred forty-two square foot MUR-70 zoned parcel measuring 296’ x 64’, this Shoreline property offers a compelling opportunity to secure level, development-ready land within one of the North Sound’s fastest-transforming urban corridors. Located two blocks from the Shoreline North/185th Light Rail Station and near the I-5 interchange, the site comb
Perfectly positioned on an eighteen thousand nine hundred forty-two square foot MUR-70 zoned parcel measuring 296’ x 64’, this Shoreline property offers a compelling opportunity to secure level, development-ready land within one of the North Sound’s fastest-transforming urban corridors. Located two blocks from the Shoreline North/185th Light Rail Station and near the I-5 interchange, the site combines immediate utility with substantial long-term redevelopment potential. The nearly two thousand square foot, five-bedroom, two-bathroom residence has evolved through multiple additions and offers functional housing for owner-occupants, rental income for investors or interim holding while future plans are evaluated for mixed-use developers. The oversized lot also includes a detached three hundred sixty-nine square foot garage/shop structure plus off-street parking for three vehicles. The property offers multiple ownership pathways - occupy, renovate, redevelop immediately or hold for land appreciation and assemblage potential. Additionally, the greater four-acre Echo Lake Gardens subdivision presents an emerging assemblage prospect, with multiple owners exploring coordinated redevelopment options with larger developers. Sited adjacent to the twenty-acre Shoreline Center, including the Spartan Recreation Center, Shoreline Park and Shoreline Stadium, this remarkable investment and development opportunity benefits from urban connectivity and recreational amenities, now and in the future.
  • Property type

    House

  • Year built

    1946

  • Price/sqft

    $979

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320 NE 185th Street Shoreline WA 98155 USA, Lake Forest Park, Washington, United States View on Google Maps
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Edward Krigsman

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Edward Krigsman
Washington, United States
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Windermere Real Estate
Windermere Real Estate
1151 Fairview Avenue North, 98109, Seattle, Washington, United States
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Windermere Real Estate is the largest regional real estate company in the Western U. S. with over 300 offices and 6
Windermere Real Estate is the largest regional real estate company in the Western U. S. with over 300 offices and 6,500 agents. We are a full-service company with agents who specialize in residential real estate, new construction, commercial real estate, relocation services, and property management. To further facilitate the home buying and selling process, Windermere also has affiliated partners that provide, mortgage, title, and escrow services. The Windermere family has a proud heritage of serving our neighbors via the Windermere Foundation which funds services for low-income and homeless families. Since 1989, the Windermere Foundation hsa contributed more than $56 million toward lives in the communities where we live and work. For more information, visit [hidden information].
Last updated
August 13
First listed
Aug 13
Listing reference
f641f2d0-9606-11f1-831f-6045bdd61ac4
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