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For Sale 32 Days Online
$4,950,000
12,960 Sqft Lot
No Garage
Prime development land in Seattle's University District — one block from UW's central campus, steps from U District Link light rail, and flanked by the retail corridor along University Way and 15th Ave NE. Three contiguous parcels totaling 12,960 SF, zoned NC2-75(M) and NC2-65(M1), supporting multifamily, student housing, and ground-floor commercial with mixed-use FAR up to 6.0. Sites of this size and zoning quality adjacent to UW rarely come to market. Priced at $4,950,000 — well below King County assessed value — offering immediate equity and full development flexibility. An exceptional opportunity for developers and investors seeking premium entitled land with the greatest investment value in Seattle's most supply-constrained university submarket.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2549382
Listed by
Sherry Zuo, Best Choice Realty LLC
JD Yu, Best Choice Network LLC
Contact our
University District
Real Estate Lead
Wicklund Real Estate
Phone...
Property History
Jul 02, 2026
Listed
$4,950,000
NWMLS #2549382
May 19, 2026
Price Reduction arrow_downward
$5,980,000
NWMLS #2457052
Dec 01, 2025
Listed
$6,520,000
NWMLS #2457052
Sep 10, 2025
Listed
$6,520,000
NWMLS #2432321
Apr 05, 2025
Listed
$6,520,000
NWMLS #2355821
Mar 04, 2025
Back on Market
$6,520,000
NWMLS #2240011
Nov 22, 2024
Went Pending Feasibility
$6,520,000
NWMLS #2240011
Aug 19, 2024
Price Reduction arrow_downward
$6,520,000
NWMLS #2240011
Jul 03, 2024
Price Reduction arrow_downward
$6,580,000
NWMLS #2240011
Jun 11, 2024
Price Reduction arrow_downward
$7,600,000
NWMLS #2240011
May 18, 2024
Price Increase arrow_upward
$8,660,000
NWMLS #2240011
May 18, 2024
Listed
$8,500,000
NWMLS #2240011
More
Listing Details
  • Status
    For Sale
  • Price
    $4,950,000
  • Original Price
    Same as current
  • List Date
    July 2, 2026
  • Last Status Change
    July 3, 2026
  • Last Update
    July 6, 2026
  • Days on Market
    32 Days
  • Cumulative DOM
    652 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2549382
  • Listing Broker
    Sherry Zuo
  • Listing Office
    Best Choice Realty LLC
Monthly Payment Estimate
  • Principal and Interest
    $25,948 / month
  • Property Taxes
    $3,864 / month
  • Homeowners Insurance
    $888 / month
  • TOTAL
    $30,700 / month

  • based on 20% down
    ($990,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    0 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Multi-Family
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    12,960 sqft Lot
  • Lot Size Source
    MLS
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • 2023 Property Taxes
    $46,368 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Laurelhurst
  • Middle
    Eckstein Mid
  • High School
    Roosevelt High
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash
    Conventional
Utilities
  • Sewer
    Available
  • Water Source
    Available
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    1.5%
  • MLS Area #
    Area 710
  • Number of Photos
    9
  • Last Modification Time
    Monday, July 6, 2026 9:15 AM
  • System Listing ID
    5577474
Update Info
  • First For Sale
    2026-07-02 22:10:49
Listing details based on information submitted to the MLS GRID as of Monday, July 6, 2026 9:15 AM. 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.
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For Sale 32 Days Online
$4,950,000  
Offer Review: Anytime
NWMLS #2549382. Sherry Zuo, Best Choice Realty LLC
Map
 
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.