Property Details
2031 Market Street
Kirkland, WA 98033
$1,800,000
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About This Home
Rare opportunity to acquire a development-ready homesite where the value extends far beyond the land itself. The boundary line adjustment is in its final stages, creating an approx. 9,985 SF homesite while removing a significant easement to provide a cleaner, more functional building envelope. Included are valuable architectural plans & a permit package also in the final stages of approval for an approx. 4,335 SF modern luxury residence, allowing the next owner to save significant time while reducing development cost, uncertainty & risk. Located in one of Kirkland's most sought-after neighborhoods just moments from Juanita Bay Park, downtown Kirkland, waterfront amenities, dining, shopping & major commuter routes, this sunny, level property presents an exceptional opportunity for builders, developers, investors or end users seeking a premium custom homesite. The included design features a dramatic 2-story contemporary residence w/ expansive living spaces & a 3-car garage, providing a strong foundation for a luxury build. The existing home is tenant-occupied on a month-to-month lease, providing rental income while the final permit approvals are completed. For buyers seeking an even larger development opportunity, neighboring 2025 Market St is available for purchase. The combined properties may offer up to 5 cottages, per CIty – buyer to verify. Ask LA for architectural plans, BLA info & development details. Pls do not disturb tenants. Showings available after mutual.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
King
Neighborhood
Kirkland
Listed
Jun 4, 2026
Structure Type
House
Parcel Number
1245500260
Tax & HOA
Annual Property Tax
$10,807 (2026)
Est. Monthly Tax
$901/mo
Interior Features
Bedrooms
2
Bathrooms
1.0
Living Area
920 sq ft
Basement
None
Entry Level
Main
Interior Features
Fireplace, Vaulted Ceiling(s)
Exterior & Lot
Lot Size
0.23 sqft
Year Built
1981
Exterior Materials
Wood
Parking
Attached Garage
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk, Value In Land
Exterior Features
Wood, Wood Products
Community & Access
Directions
Take I-5 N to 520 using exit 168B. Turn right onto Lk WA Blvd exit. Turn left onto Central Wy and right onto Market St.
Location
City
Kirkland
County
King
Coordinates
47.69413, -122.21063
Schools
School District
Lake Washington
Elementary School
Peter Kirk Elementary
Middle School
Kirkland Middle
High School
Lake Wash High
Additional Information
Tax Year
2026
Annual Taxes
$10,807
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
