Investment opportunity in one of Seattle's most sought-after neighborhoods! Offered for the first time in over 60 years, this 2-bedroom, 1-bath home presents a rare chance to create value in a prime location between Madrona and the Central District. Situated on a quiet residential street just blocks from Lake Washington, the property offers incredible potential for investors, builders, flippers, or buyers with vision. The existing 720-square-foot home features a functional floor plan and provides a solid starting point for renovation, expansion, or redevelopment. Surrounded by established homes and ongoing neighborhood investment, this is an opportunity to secure a foothold in an area where demand continues to grow. Enjoy easy access to parks, waterfront recreation, acclaimed restaurants, coffee shops, shopping, and high-end grocery stores, all while maintaining the charm and community feel that make this neighborhood so desirable. Whether you're looking to restore, reimagine, or build new, opportunities like this are becoming increasingly rare. Bring your ideas and unlock the potential of this exceptional in-city property.
| MLS # | 2571755 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1950 |
| Days On Site | 26 |
| Listing Provided By | KW Greater Seattle | Jennifer Wallin |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 720 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.08 |
| Property | 684 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98122 |
| Area | 390 Central Seattle |
| Community Name | Madrona |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Madrona) | |
Price: $552,950 low | high Med: $950,000 sqft: 720 low | high Med: 710 $ / sqft: $768 low | high Med: $1,338 On site: 26 low | high Med: 71 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98122 |
| Area | 390 Central Seattle |
| Community Name | Madrona |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Madrona) | |
Price: $552,950 low | high Med: $950,000 sqft: 720 low | high Med: 710 $ / sqft: $768 low | high Med: $1,338 On site: 26 low | high Med: 71 | |