New ListingRare investment and development opportunity within walking distance to the University of Washington! This single-family home sits on a level, highly usable lot in an exceptional location with strong long-term potential. The existing home offers immediate flexibility for rental income, with potential use as rental housing or a boarding home, subject to applicable regulations and approvals. For builders and developers, the property may also offer exciting redevelopment possibilities, including townhomes or multifamily/apartment development, subject to zoning and City approval. A one-car garage provides additional parking and storage. With its flat lot, existing residence, outstanding proximity to UW, and multiple potential investment strategies, this property is an excellent opportunity for investors, developers, or builders looking to secure a well-located asset in one of Seattle's most consistently in-demand rental areas. Buyer to verify zoning, development potential, cash flow investment, and permitting requirements to their satisfaction.
| MLS # | 2582722 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | Ravenna Springs Park Add |
| Sub-Type | Resale |
| Status | First Look |
| Year | 1920 |
| Days On Site | 5 |
| Listing Provided By | Keller Williams Rlty Bellevue | Maggie Sun |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,370 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.08 |
| Property View | Yes |
| Property | 14534 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98105 |
| Area | 710 North Seattle |
| Community Name | University District |
| School District | Roosevelt High |
| Elementary School | Laurelhurst |
| High School | Roosevelt High |
| Listing VS Median (in University District) | |
Price: $1,250,000 low | high Med: $799,000 sqft: 2,370 low | high Med: 1,500 $ / sqft: $527 low | high Med: $533 On site: 5 low | high Med: 73 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98105 |
| Area | 710 North Seattle |
| Community Name | University District |
| School District | Roosevelt High |
| Elementary School | Laurelhurst |
| High School | Roosevelt High |
| Listing VS Median (in University District) | |
Price: $1,250,000 low | high Med: $799,000 sqft: 2,370 low | high Med: 1,500 $ / sqft: $527 low | high Med: $533 On site: 5 low | high Med: 73 | |