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Laurelhurst Townhouse Development Site

3907 - 3911 - 3917 NE 50th St, Seattle, WA 98105

Property Type Multi-family

Sales Price $4,395,000

Status Active

Property Highlights:

  • Opportunity to build 12-14 townhouses in an A+ neighborhood in Seattle (Buyer to verify)
  • 13,500 Square foot lot zoned LR2 (M) - Zoning code allows for 18,900 net rentable SqFt
  • Rare development opportunity located minutes from University Village, Seattle Children’s Hospital and the University of Washington
  • Existing single-family rental income will allow a developer to purchase the site and gain income off of the property immediately
  • Walk score of 81 and a bike score of 90 due to the site’s proximity to the Burke Gilman Trail
Map single
broker

Michael Urquhart

Senior Investment Advisor

206.812.9123

Michael@ParagonREA.com
broker

Brian Platt

Senior Investment Advisor

206.812.9130

Brian@ParagonREA.com

Ben Douglas

Associate Broker

206.812.9101 ben@paragonrea.com