Seattle, WA: 3 Residential Development Lots with Potential for 8 Units in South Beacon Hill (King County)

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Two contiguous parcels (Lots 400 & 430) Selling ABSOLUTE - No Minimum Bid or Reserve Required. Separate neighboring parcel (Lot 441) Selling with an Undisclosed Reserve - Minimum Bid Required.

Executive Summary

Position your next Seattle development project in South Beacon Hill with this compelling three-parcel portfolio along Leroy Place South. Perched well above I-5 and only 15 minutes from Downtown Seattle, the properties offer approximately 22,000± SF of land with seasonal views that border a beautiful greenbelt area, creating a peaceful natural backdrop. These coveted lots have preliminary potential for up to eight single-family homes or townhomes, each with their own separate Title.

The offering includes two contiguous 7,200± SF parcels—Lots 430 and 400—each identified as having potential for three residences and each selling absolute, with no minimum bid or reserve. A neighboring 7,600± SF parcel—Lot 441—offers potential for two additional residences and will sell subject to Seller approval.

Seize the opportunity to acquire one, two, or all three parcels and bring a distinctive new residential vision to Seattle’s desirable South Beacon Hill area. Whether you are building your dream home or pursuing a multi-unit development project, builders and investors can capitalize on a flexible opportunity to establish a multi-unit development pipeline in an established Seattle neighborhood, with the ability to create a larger, phased residential project. Due-diligence materials include Geotechnical Engineering and Site Plan Feasibility Studies that concluded the properties evaluated in the report were suitable for future development, provided the report’s recommendations are fully implemented.

Lot 441: 7,600± SF Lot with Potential for 2 Single Family Townhomes

Selling with an Undisclosed Reserve - Minimum Bid Required to Sell

Address: 9401 Leroy Place South, Seattle, WA 98118

Commonly Referred to as “Parcel Z”

King County Tax Parcel: 789630-0441

2025 King County Tax Appraised Value: $227,000

2025 King County Property Taxes: $2,310.52

Zoning: NR2 - Neighborhood Residential

Each of the potential 2 units or single family townhomes will have its own Title.

Also Selling in This Auction:

Lot 400: Development Opportunity - 7,200± SF Lot with Potential for 3 Single Family Townhomes

Selling ABSOLUTE - No Minimum Bid or Reserve Required

Address: 9431 Leroy Place South, Seattle, WA 98118

Commonly Referred to as “Parcel C”

King County Tax Parcel: 789630-0400

2025 King County Tax Appraised Value: $103,000

2025 King County Property Taxes: $1,159.51

Zoning: NR2 - Neighborhood Residential

Each of the potential 3 units or single family townhomes will have its own Title.

Lot 430: 7,200± SF Lot with Potential for 3 Single Family Townhomes

Selling ABSOLUTE - No Minimum Bid or Reserve Required

Address: 9419 Leroy Place South, Seattle, WA 98118

Commonly Referred to as “Parcel B”

King County Tax Parcel: 789630-0430

King County lists Lot Size as 7,800± SF

2025 King County Tax Appraised Value: $122,000

2025 King County Property Taxes: $1,350.33

Zoning: NR2 - Neighborhood Residential

Each of the potential 3 units or single family townhomes will have its own Title.

Bidding Starts to Close: Wednesday, August 12, 2026, at 11:00 AM PT

Property Addresses: 9431, 9419 & 9401 Leroy Place South, Seattle, WA 98118