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**Exceptional Development Opportunity – The Value Is in the Land!** Prime 4,400 SF level lot (40' x 110') in one of Seattle's rapidly transforming neighborhoods. Builder activity is already underway with four new homes currently under construction directly across the street, highlighting the strong demand for new housing in the area. Zoned **Neighborhood Residential (NR)** under Seattle's Unified Development Code, this property offers exciting redevelopment potential. Four units are permitted by right with no discretionary design review required for that density. The site may also qualify for additional density through stacked-flat and/or frequent-transit bonus provisions due to its proximity to the Madison Street RapidRide G Line (buyer to verify). Potential eligibility for the 1.6 FAR tier allows approximately 7,000 SF of buildable floor area. Height limits are 32 feet, with potential for up to 42 feet through qualifying tree canopy incentives. An outstanding opportunity for builders, developers, and investors looking to capitalize on Seattle's evolving housing market. Buyer to verify all zoning, density, FAR, height, and development potential to their own satisfaction.

1 Beds ⋅ 1 Baths ⋅ 2550121 MLS ⋅ PENDING Status

**Exceptional Development Opportunity – The Value Is in the Land!** Prime 4,400 SF level lot (40' x 110') in one of Seattle's rapidly transforming neighborhoods. Builder activity is already underway with four new homes currently under construction directly across the street, highlighting the strong demand for new housing in the area. Zoned **Neighborhood Residential (NR)** under Seattle's Unified Development Code, this property offers exciting redevelopment potential. Four units are permitted by right with no discretionary design review required for that density. The site may also qualify for additional density through stacked-flat and/or frequent-transit bonus provisions due to its proximity to the Madison Street RapidRide G Line (buyer to verify). Potential eligibility for the 1.6 FAR tier allows approximately 7,000 SF of buildable floor area. Height limits are 32 feet, with potential for up to 42 feet through qualifying tree canopy incentives. An outstanding opportunity for builders, developers, and investors looking to capitalize on Seattle's evolving housing market. Buyer to verify all zoning, density, FAR, height, and development potential to their own satisfaction.

215 31st Avenue E, Seattle

Listing Broker: Windermere Real Estate/East; Anastasia Miles; ; amiles@signaturehomesnw.com

$900,000

Opportunity awaits in Seattle’s desirable Madison Valley community! Situated on a generous 6,000 sq ft lot, this 2-bedroom, 1.75-bath home offers exceptional potential for homeowners, investors, and developers. A private, inviting entry surrounded by lush greenery sets the tone. Inside, an open, light-filled layout creates a warm and welcoming feel, with a flexible living area that can easily be converted back into a third bedroom. Enjoy outdoor living in the spacious backyard, perfect for entertaining around the firepit or unwinding in the hot tub. Flat parcel, zoned NR3 with alley access, this property offers a rare combination of size, access, and potential. Ideally located just minutes from downtown Seattle, local dining, grocers, parks, and major commuter routes. Whether you’re looking to move in, renovate, or build, this is a rare opportunity to secure a property in a highly sought-after location.

2 Beds ⋅ 2 Baths ⋅ 2515998 MLS ⋅ PENDING Status

Opportunity awaits in Seattle’s desirable Madison Valley community! Situated on a generous 6,000 sq ft lot, this 2-bedroom, 1.75-bath home offers exceptional potential for homeowners, investors, and developers. A private, inviting entry surrounded by lush greenery sets the tone. Inside, an open, light-filled layout creates a warm and welcoming feel, with a flexible living area that can easily be converted back into a third bedroom. Enjoy outdoor living in the spacious backyard, perfect for entertaining around the firepit or unwinding in the hot tub. Flat parcel, zoned NR3 with alley access, this property offers a rare combination of size, access, and potential. Ideally located just minutes from downtown Seattle, local dining, grocers, parks, and major commuter routes. Whether you’re looking to move in, renovate, or build, this is a rare opportunity to secure a property in a highly sought-after location.

1811 29th Avenue, Seattle

Listing Broker: John L. Scott, Inc.; Scottie Su LeClaire; 253-388-9278; scottiesu@dulcemasonregroup.com

$800,000

A craftsman in Madison Valley, remodeled room by room without losing its character. Windows wrap the dining room in a corner of glass, trees filling every pane. Hardwoods carry that same warmth into the living room, and the kitchen pairs dark granite counters with stainless appliances and open wood shelving. One bedroom and fully updated bath round out the main floor. Downstairs offers a dedicated primary suite, complete with spa style bath finished in brass fixtures, hex tile, and a walk in shower. A home office and reading nook share the level, along with a true laundry room. Fresh paint and carpet throughout. Brand New Water Heater. Outside, an elevated TimberTech deck looks towards the hills, an easy spot for coffee or a cocktail before dinner, while an established lawn, garden beds, fruit trees and insulated shed fill out the corner lot. E. Madison Street and Madrona are so close, you can walk to PCC, Harvest Vine, Madrona Park, or countless transportation offerings. EV charger available.

2 Beds ⋅ 2 Baths ⋅ 2586259 MLS ⋅ PENDING Status

A craftsman in Madison Valley, remodeled room by room without losing its character. Windows wrap the dining room in a corner of glass, trees filling every pane. Hardwoods carry that same warmth into the living room, and the kitchen pairs dark granite counters with stainless appliances and open wood shelving. One bedroom and fully updated bath round out the main floor. Downstairs offers a dedicated primary suite, complete with spa style bath finished in brass fixtures, hex tile, and a walk in shower. A home office and reading nook share the level, along with a true laundry room. Fresh paint and carpet throughout. Brand New Water Heater. Outside, an elevated TimberTech deck looks towards the hills, an easy spot for coffee or a cocktail before dinner, while an established lawn, garden beds, fruit trees and insulated shed fill out the corner lot. E. Madison Street and Madrona are so close, you can walk to PCC, Harvest Vine, Madrona Park, or countless transportation offerings. EV charger available.

1633 27th Avenue, Seattle

Listing Broker: Windermere Real Estate/East; David Hogan; 425-455-5300; davidhogan@windermere.com

$100,000

Turnkey café opportunity in the heart of Madison Valley, one of Seattle’s most sought-after and high-demand neighborhoods. This 1,488 SF space is currently operating as a boba and bánh mì concept, featuring a clean, efficient layout ideal for a variety of café or light restaurant uses. Equipped with two Class 2 hoods, the space offers flexibility for boba, coffee, dessert, sandwich, and similar concepts. The lease provides strong stability with approximately three years remaining on the current term and two additional five-year options, allowing for long-term control through 2038. Base rent is approximately $3,720 per month plus NNN, with total occupancy costs currently around $4,600 per month. Originally opened in 2024, the business benefits from a newer buildout within a proven restaurant location. Surrounded by strong residential demographics and steady neighborhood traffic, this is an ideal opportunity for an owner-operator or concept looking to establish a presence in Madison Valley.

2514974 MLS ⋅ PENDING Status

Turnkey café opportunity in the heart of Madison Valley, one of Seattle’s most sought-after and high-demand neighborhoods. This 1,488 SF space is currently operating as a boba and bánh mì concept, featuring a clean, efficient layout ideal for a variety of café or light restaurant uses. Equipped with two Class 2 hoods, the space offers flexibility for boba, coffee, dessert, sandwich, and similar concepts. The lease provides strong stability with approximately three years remaining on the current term and two additional five-year options, allowing for long-term control through 2038. Base rent is approximately $3,720 per month plus NNN, with total occupancy costs currently around $4,600 per month. Originally opened in 2024, the business benefits from a newer buildout within a proven restaurant location. Surrounded by strong residential demographics and steady neighborhood traffic, this is an ideal opportunity for an owner-operator or concept looking to establish a presence in Madison Valley.

2207 E Madison Street, Seattle

Listing Broker: KW Mountains to Sound Realty; Khanh Nguyen; 253-217-2996; khanh@kw.com

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