Property Details
0 S Director & 48th Avenue S
Seattle, WA 98118
$965,000
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About This Home
Rare Development Opportunity in Rainier Beach! First time on the market in 26 years, this 6-lot assembly spans over half an acre and is one of the last multi-lot development sites in this rapidly growing community. Zoned LR2 (M), allowing for a variety of multifamily housing types, including townhomes, row houses, and apartments. Infrastructure is already in place with water meter boxes set and three sewer stubs ready for easy city connection. The property is conveniently located just blocks from Lake Washington, light rail, shopping, and Kubota Garden, with quick access to I-5. New fencing included. Don’t miss this prime investment opportunity in one of Seattle’s most promising neighborhoods!
Property Details
Property Information
Property Type
Land
Subtype
Land
Status
Active
County
King
Neighborhood
Rainier Beach
Listed
Feb 7, 2025
Original Price
$1,398,000
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
0.55 sqft
Sewer
Available, On Property
Water Source
In Street, On Property
Utilities
Electricity Available, Natural Gas Available
Lot Features
Corner Lot, Paved
Location
City
Seattle
County
King
Coordinates
47.52219, -122.27311
Schools
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Aki Kurose
High School
Rainier Beach High
Additional Information
Tax Year
2024
Annual Taxes
$10,511
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
