Property Details
8521 Roosevelt Way NE, Seattle, WA 98115
Seattle, WA 98115
$2,149,000
Active
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About This Home
MAJOR PRICE REDUCTION—PRIME DEVELOPMENT OPPORTUNITY! Rare 10,015 SF corner lot in highly sought-after Maple Leaf, offering a strategic opportunity for ground-up development or future repositioning. Zoned NC2P-55(M), this high-potential site is ideally suited for mid-rise mixed-use, with preliminary feasibility indicating a 5–6 story project with approximately 50–60 residential units above ground-floor commercial, or an alternative 12–14 townhome configuration (buyer to verify all development capacity and feasibility). Positioned near one of Seattle’s highest elevation points and directly across from Maple Leaf Park, it will offer expansive territorial, city, Bellevue, and Lake Washington views depending on final design. Existing improvements include a 4,944 SF structure and approximately 5,000 SF of secured, fenced parking, creating valuable holding flexibility. Ideal for developers and investors seeking scale, visibility, and a premier Seattle location. Seller may consider financing with substantial down payment.
Property Details
Property Information
Property Type
Land
Subtype
Land
Status
Active
County
King
Neighborhood
Maple Leaf
Listed
Dec 10, 2025
Original Price
$2,399,000
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
0.23 sqft
Sewer
On Property
Water Source
On Property
Utilities
Electricity Connected
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Location
City
Seattle
County
King
Coordinates
47.69109, -122.31794
Schools
School District
Seattle
Additional Information
Tax Year
2025
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.
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