Calling All Builders, Developers, Investors and Creative Buyers! Prime Madison Valley development opportunity on an expansive 7,440 SF NRzoned lot (60 × 124) with a clean, rectangular footprint ideal for efficient site planning. Existing 4 bed, 2 bath home with detached garage (2,030 SF). NR3 zoning with potential for multiple units. Buyer to verify development capacity. Combination of housing types, bring your designer for endless possibilities! Preliminary analysis suggests approx. 4 single-family homes or 5–6 townhomes, depending on design and permitting. Larger-than-average lot offers higher yield. Prime infill location with convenient access to shops, restaurants, PCC, parks, and transit. Minutes to Madrona Park, Lake Washington, downtown Seattle, I-90, and 520. Surrounded by active development with strong resale comps. Potential seller finance terms available with large down payment.
Cash Conventional Owner Will Carry Rehab Loan VA Loan
Utilities
Energy
Electric
Sewer
Sewer Connected
Water Source
Public
Additional Info
Waterfront
No
Air Conditioning (A/C)
No
Buyer Broker's Compensation
2.5%
MLS Area #
Area 390
Number of Photos
39
Last Modification Time
Friday, April 24, 2026 3:57 PM
System Listing ID
5544442
Update Info
First For Sale
2026-04-21 14:12:48
Listing details based on information submitted to the MLS GRID as of Friday, April 24, 2026 3:57 PM.
All data is obtained from various
sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information is provided by the listing agent except as follows: BuilderB indicates
that our system has grouped this listing under a home builder name that doesn't match
the name provided
by the listing broker. DevelopmentD indicates
that our system has grouped this listing under a development name that doesn't match the name provided
by the listing broker.