Property Details
2540 39th Avenue E #5
Seattle, WA 98112
$1,500,000
Pending
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About This Home
Ready-to-build opportunity with City of Seattle permit for a 6,200+ SF custom home. Set on a rare and level 20,699 SF lot in Madison Estates, an exclusive, gated Lake Washington luxury community in the heart of Madison Park. This property offers a truly special setting. The site is beautifully positioned beside an architect-designed pond and surrounded by mature old-growth trees, creating a serene and distinctive landscape. Enjoy private community access to a boat dock and waterfront features. Permitted plans for a stunning Northwest Contemporary residence are included, or bring your own vision (in compliance with the HOA). Ideally located only blocks from the vibrant Madison Park Village, with its popular shops, restaurants, parks, and schools. Seller financing available.
Property Details
Property Information
Property Type
Land
Subtype
Land
Status
Pending
County
King
Neighborhood
Madison Park
Listed
Apr 21, 2026
Parcel Number
4114600339
Tax & HOA
Annual Property Tax
$16,050 (2025)
Est. Monthly Tax
$1,338/mo
HOA Fee
$1,188/monthly
HOA Includes
Common Area Maintenance, Road Maintenance, See Remarks
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
0.48 sqft
Sewer
In Street
Water Source
Available, In Street
Utilities
Electricity Available, Natural Gas Available, See Remarks
Lot Features
Cul-De-Sac, Dead End Street, Paved
Community & Access
Community Features
Boat Launch, CCRs, Gated
Directions
GPS works great. It will bring you to the front gate at Madison Estates on 39th Ave E.
Location
City
Seattle
County
King
Coordinates
47.64159, -122.28266
Schools
School District
Seattle
Elementary School
Seattle Public Sch
Middle School
Seattle Public Sch
High School
Seattle Public Sch
HOA / Association
HOA Fee
$1,188 / Monthly
HOA Includes
Common Area Maintenance, Road Maintenance, See Remarks
Additional Information
Tax Year
2025
Annual Taxes
$16,050
Possession
Array
Community Features
Boat Launch, CCRs, Gated
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Based on information submitted to the MLS GRID as of July 12, 2026 3:45 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.
