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Townhome Development Site in Seattle
For Sale
$379,950

12149 Des Moines Memorial Drive S #25, Seattle, WA 98168

Development-ready land for 7-unit townhomes in a vibrant Seattle community.

Property SizeContact for details
Lot Size0.49 Acres
Days on Market191

Property Features for 12149 Des Moines Memorial Drive S #25

General Information

Standard status Active
Lot size 0.49 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,246
Listing Agency: WPI REAL ESTATE SERVICES, INC.
Listed By: TINA LEE
Source: Corcoran
Added: Feb 17 Changed: Aug 8 Last Checked: Jul 16 at 6:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WPI REAL ESTATE SERVICES, INC.

Investment Insights

Based on property information with market context.

This property presents a rare opportunity to acquire a 7-unit townhome development site, featuring 21,246 sq. ft. of cleared land with conditional approval, ready for development. The lot has been previously cleared and includes an existing access way, which reduces pre-construction work and allows for a quicker build. Located in a vibrant Burien community, the site offers easy access to Seattle, Sea-Tac Airport, and major transportation routes, making it highly attractive for modern townhome development. This site is suitable for builders or investors looking to capitalize on the strong demand for multi-family housing, combining location, readiness, and investment potential. This property is priced for a quick sale.

Key Highlights

  • Conditional approval for a 7‑unit townhome development is already in place
  • The 21,246 sq. ft. lot is cleared and has an existing access way, reducing pre‑construction costs and time
  • Located in Burien with easy access to Seattle, Sea‑Tac Airport, and major transportation routes

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 98168, WA

36,389
Population
13,338
Households
2.7
Avg Household Size
37
Median Age
24%
College-Educated
79%
High-School Grad
8.8 sq mi
ZIP Area
4,135
Density / Sq Mi
$84,937
Median Household Income
$44,630
Median Earnings
$1,724
Median Rent
$500,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development-ready land for 7-unit townhomes in a vibrant Seattle community.
Where is this residential land & home lot located?
The property is located at 12149 Des Moines Memorial Drive S #25 Seattle, WA.
What is the asking price?
The asking price for this property is $379,950.
What are key features of this property?
This property features: Conditional approval for a 7‑unit townhome development is already in place; The 21,246 sq. ft. lot is cleared and has an existing access way, reducing pre‑construction costs and time; Located in Burien with easy access to Seattle, Sea‑Tac Airport, and major transportation routes
More about this property
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