2 Locations For Sale

Eaglecrest Apartments presents a rare opportunity to acquire three development parcels in Seattle’s highly coveted South Lake Union neighborhood at 2522 Dexter Ave N & 2551–2553 Westlake Ave N, Seattle, WA. Encompassing approximately 32,979 square feet, the site offers split zoning of LR3 (M) and C2-55 (M), creating exceptional flexibility for multifamily, hotel, or mixed-use development. Positioned above Lake Union with potential waterfront, skyline, and neighborhood views, this premier site benefits from a dramatic topography that supports a terraced design concept tailored to maximize scenery and natural light. A preliminary massing study envisions approximately 69–70 residential units with structured parking and rooftop amenity potential. Located just minutes from downtown Seattle, the property is surrounded by world-class employers including Amazon, Google, and Meta, as well as life sciences and healthcare hubs that continue to fuel housing demand. With bus lines on both Dexter Ave N and Westlake Ave N, excellent regional connectivity, and immediate access to dining, retail, parks, and waterfront recreation, this is a compelling chance to deliver a signature project in one of Seattle’s most vibrant and supply-constrained urban neighborhoods.