
Northgate Development Lot - STR
SFR Development Lot | 4,980 SqFt - Fully Entitled
Marketing description
Marketing Remarks
*Price Reduced-This is a permit-ready development lot in Seattle's desirable Northgate neighborhood. The lot is 4,980SF and pre-approved for a 14-unit apartment building (6,474BSF) under LR1(M) zoning. Multiple unit configurations, bike parking, and sustainable designs conform to different tenant needs. Located near I-5, the Light Rail, Green Lake, and UW, it aligns well with the One Seattle Plan. Demolition and Construction permits are ready for issuance; Master Use Permit issued upon completion. Existing home (720SF, 1bd/1ba, 600sf basement, det. garage) is operated as a short-term rental with strong occupancy and income. Complete this modern and vibrant addition to Northgate or expand the lot your way! New Roof installed in October 2025.
Investment highlights
See OM for additional details
For more information on the project status visit https://web.seattle.gov/dpd/edms/ and search the address.
Listing Contacts

Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
