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Description
MAJOR PRICE REDUCTION—PRIME DEVELOPMENT OPPORTUNITY! Rare 10,015 SF corner lot in highly sought-after Maple Leaf, offering a strategic opportunity for ground-up development or future repositioning. Zoned NC2P-55(M), this high-potential site is ideally suited for mid-rise mixed-use, with preliminary feasibility indicating a 5–6 story project with approximately 50–60 residential units above ground-floor commercial, or an alternative 12–14 townhome configuration (buyer to verify all development capacity and feasibility). Positioned near one of Seattle’s highest elevation points and directly across from Maple Leaf Park, it will offer expansive territorial, city, Bellevue, and Lake Washington views depending on final design. Existing improvements include a 4,944 SF structure and approximately 5,000 SF of secured, fenced parking, creating valuable holding flexibility. Ideal for developers and investors seeking scale, visibility, and a premier Seattle location. Seller may consider financing with substantial down payment.
Location
Listed By
Listing Agent
Grecia Thomas
Real Property Associates
Co-Listing Agent
Julie Elli
Real Property Associates
The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © NWMLS.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Updated: 29th April, 2026 7:13 PM (UTC)
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Updated: 29th April, 2026 7:13 PM (UTC)
Provided by NWMLS
Listing Office: Real Property Associates
