Property Details
14555 8th Avenue NE
Shoreline, WA 98155
$999,000
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About This Home
Prime investment opportunity in Shoreline with highly sought-after MUR70 (7 stories) zoning with city incentives for an affordable housing development. Located in the heart of Shoreline and a few blocks from the new light-rail station, I-5, Hamlin Park, Jackson Park golf course and Shoreline High School makes this a centralized and optimal location. The large lot size offers strong future investment potential, while the existing move-in ready home provides flexibility for investors to rent out or a primary home for owners who can secure land value for future developers to pursue. Current home is situated on a well-maintained landscaped lot and offers 3 bedrooms, 2 bathrooms and approx 1,360 square feet. Rare versatile four car detached garage in the back offers options for storage, shop or home office. Large lot size offers future potential to sell to developers for significant value and a great return on investment. Recent developer assemblage quotes of $135-140 per land square foot, this lot is 10,141 sq ft giving a potential 30-40% future return. A unique and intriguing investment opportunity that doesn't come around often. Multiple neighboring homes have an option to be grouped in a developer assemblage for future purchase. Buyer to verify all to their satisfaction. All showings to be scheduled by a licensed real estate agent, please don't disturb the owner.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
King
Neighborhood
Ridgecrest
Listed
May 6, 2026
Interior Features
Bedrooms
3
Bathrooms
2.0
Living Area
1,360 sq ft
Basement
Finished
Entry Level
Main
Interior Features
Bath Off Primary, Dining Room, Jetted Tub, Water Heater
Exterior & Lot
Lot Size
0.23 sqft
Year Built
1942
Exterior Materials
Metal/Vinyl
Parking
Driveway, Detached Garage, Off Street, RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Value In Land
Exterior Features
Metal/Vinyl
Location
City
Shoreline
County
King
Coordinates
47.73563, -122.32131
Schools
School District
Shoreline
Additional Information
Tax Year
2025
Annual Taxes
$1,688
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of May 12, 2026 5:30 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
