Calling All Builders, Developers, Investors and Creative Buyers! Prime Madison Valley development opportunity on an expansive 7,440 SF NR3-zoned lot (60 × 124) with a clean, rectangular footprint ideal for efficient site planning. Existing 4 bed, 2 bath home with detached garage (2,030 SF). NR3 zoning with potential for multiple units. Buyer to verify development capacity. Combination of housing types, bring your designer for endless possibilities! Preliminary analysis suggests approx. 4 single-family homes or 5–6 townhomes, depending on design and permitting. Larger-than-average lot offers higher yield. Prime infill location with convenient access to shops, restaurants, PCC, parks, and transit. Minutes to Madrona Park, Lake Washington, downtown Seattle, I-90, and 520. Surrounded by active development with strong resale comps. Potential seller finance terms available with large down payment.
Listing Provided Courtesy of Tommy Quach, Windermere R.E. Shoreline
General Information
NWM2510691
Single Family Residence
0
DOM
4
7440.05 SqFt
2
2030
1901
King
Residential
Single Family Residence
Listing Provided Courtesy of Tommy Quach, Windermere R.E. Shoreline
Krishna Realty data last checked: Apr 21, 2026 15:42 | Listing last modified Apr 21, 2026 22:44,
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Residence Information
2030
4
2
0
2
Composition
12 - 2 Story
1901
Features and Utilities
Dining Room, Water Heater
Metal/Vinyl
Public
Sewer Connected
Financial
672
Cash, Conventional, Owner Will Carry, Rehab Loan, VA Loan
04-21-2026
Comparable Information
0
0
Cash, Conventional, Owner Will Carry, Rehab Loan, VA Loan
Calling All Builders, Developers, Investors and Creative Buyers! Prime Madison Valley development opportunity on an expansive 7,440 SF NR3-zoned lot (60 × 124) with a clean, rectangular footprint ideal for efficient site planning. Existing 4 bed, 2 bath home with detached garage (2,030 SF). NR3 zoning with potential for multiple units. Buyer to verify development capacity. Combination of housing types, bring your designer for endless possibilities! Preliminary analysis suggests approx. 4 single-family homes or 5–6 townhomes, depending on design and permitting. Larger-than-average lot offers higher yield. Prime infill location with convenient access to shops, restaurants, PCC, parks, and transit. Minutes to Madrona Park, Lake Washington, downtown Seattle, I-90, and 520. Surrounded by active development with strong resale comps. Potential seller finance terms available with large down payment.
