Positioned in the highly desirable Fir Crest neighborhood of Wedgewood, this 6,838 square foot corner lot with NR3 zoning presents a compelling opportunity for builders, investors, and developers. With flexible zoning that supports increased density, the property offers strong potential for redevelopment, expansion, or a custom new build, buyer to verify all development capacity with the City of Seattle. The existing 2-bed, 1.5 bath rambler spans approximately 900 square feet and provides immediate rental income potential or a holding asset while plans are finalized. The home features a functional layout with an open living and dining area, wood-burning fireplace, utility room with laundry, and a detached one-car garage offering additional storage. Key system upgrades have already been completed, reducing up front capital expenditures, including an updated electrical panel. PEX plumbing, newer furnace (2014), hot water heater (2020), 30-year composition roof (2016), and a recently replaced sewer line (2023). Sidewalk improvements have also been completed, adding to long-term site readiness. The corner lot configuration enhances access and design flexibility, making it especially attractive for multi-unit development or maximizing site efficiency under current zoning guidelines. Located near parks, shopping, dining, and with convenient access to I-5, this property combines strong underlying land value with strategic upside in one of Seattle's most established neighborhoods.
Listing Provided Courtesy of Garrett Schmidt, Coldwell Banker Bain
General Information
NWM2519361
Land
1
DOM
6838.92 SqFt
0
Multi-F
King
Buyer To Verify
Buyer To Verify
Buyer To Verify
Land
Land
Listing Provided Courtesy of Garrett Schmidt, Coldwell Banker Bain
Krishna Realty data last checked: May 07, 2026 02:22 | Listing last modified May 06, 2026 20:26,
Source:
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Residence Information
0
40 - Res-Less thn 1 Ac
Features and Utilities
Available
On Property
Financial
7029
Cash, Conventional, Rehab Loan
05-06-2026
Comparable Information
1
1
Cash, Conventional, Rehab Loan
$798,000
$798,000
May 06, 2026 20:26
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Positioned in the highly desirable Fir Crest neighborhood of Wedgewood, this 6,838 square foot corner lot with NR3 zoning presents a compelling opportunity for builders, investors, and developers. With flexible zoning that supports increased density, the property offers strong potential for redevelopment, expansion, or a custom new build, buyer to verify all development capacity with the City of Seattle. The existing 2-bed, 1.5 bath rambler spans approximately 900 square feet and provides immediate rental income potential or a holding asset while plans are finalized. The home features a functional layout with an open living and dining area, wood-burning fireplace, utility room with laundry, and a detached one-car garage offering additional storage. Key system upgrades have already been completed, reducing up front capital expenditures, including an updated electrical panel. PEX plumbing, newer furnace (2014), hot water heater (2020), 30-year composition roof (2016), and a recently replaced sewer line (2023). Sidewalk improvements have also been completed, adding to long-term site readiness. The corner lot configuration enhances access and design flexibility, making it especially attractive for multi-unit development or maximizing site efficiency under current zoning guidelines. Located near parks, shopping, dining, and with convenient access to I-5, this property combines strong underlying land value with strategic upside in one of Seattle's most established neighborhoods.