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Townhome Development Site
For Sale
$10,500,000

12463 NE Woodinville Drive, Woodinville, WA 98072

1.13-acre site made up of five contiguous lots, proposed for 47 townhomes near I-405 access.

Property SizeContact for details
Lot Size1.13 Acres
Days on Market88

Property Features for 12463 NE Woodinville Drive

General Information

Standard status Active
Lot size 1.13 Acres
Property subtype Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $37,760
Listing Agency: Birch Bay Realty Inc.
Listed By: Ron Kulman
Source: Birchbayrealtyinc.idxbroker
Added: Jul 6 Changed: Sep 25 Last Checked: Oct 1 at 8:02AM

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 Birch Bay Realty Inc.

Investment Insights

Based on property information with market context.

This 1.13-acre development site consists of five contiguous lots and is proposed for 47 townhomes. The offering is positioned for residential development within the City of Woodinville.

The site is described as being in the heart of Woodinville with quick access to I-405. The remarks also cite proximity to major employers including Microsoft and SpaceX, as well as the University of Washington Bothell and the area biotech hub.

For buyers seeking a multi-lot residential development opportunity, this parcel’s existing configuration as a contiguous five-lot assembly supports its intended townhome redevelopment plan.

Key Highlights

  • 1.13‑acre development site made up of five contiguous lots
  • Proposed for 47 townhomes (Style code 42 - multi‑family)
  • Electricity, natural gas, and water available; sewer available in street

Property Analytics

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Current Use

Sound Quality Construction, ... Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Barber Shop Storage Facility Hair Salon Catering Service

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby

Demographics for 98072, WA

24,939
Population
9,897
Households
2.5
Avg Household Size
41
Median Age
68%
College-Educated
98%
High-School Grad
18.0 sq mi
ZIP Area
1,386
Density / Sq Mi
$174,599
Median Household Income
$90,036
Median Earnings
$2,334
Median Rent
$1,067,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.13-acre site made up of five contiguous lots, proposed for 47 townhomes near I-405 access.
Where is this residential land & home lot located?
The property is located at 12463 NE Woodinville Drive Woodinville, WA.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 1.13‑acre development site made up of five contiguous lots; Proposed for 47 townhomes (Style code 42 - multi‑family); Electricity, natural gas, and water available; sewer available in street
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