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    Seattle, WA Waterfront Land for Sale

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    Waterfront 6-Unit Multifamily Asset
    Updated: Mar 17
    Waterfront 6-Unit Multifamily Asset

    1788 Alki Avenue SW, Seattle, WA 98116

    $2,975,000
    7,200 sqft 0.28 AC lot
    Two‑building waterfront multifamily on Alki Ave SW with water views and Olympic Mountain views
    6‑unit property with 3 total stories and 7,200 SF total building area
    Renovated unit mix with spacious units averaging approximately 1,200 SF and in‑unit laundry
    Electric heat and laminate, vinyl plank, and carpet flooring
    Off‑street parking for 10 uncovered spaces across the two buildings
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    This listing looks promising.

    Here's a quick look at some key insights for

    1788 Alki Avenue SW, Seattle, WA 98116

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    • Est. Cap Rate

      4.1%
      NOI ÷ price

    • Est. NOI

      $122K
      Annual

    • Mortgage

      $950K
      Oct 2016

    • Last Sold

      Oct 2016
      $1.95M

    • Property Type

      Residential Income
      Built 1942
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    Waterfront View Development Land
    Updated: Dec 11, 2025
    Waterfront View Development Land

    11027 84th Avenue South, Seattle, WA 98178

    $125,000
    0.31 AC lot
    13,320 sq ft lightly treed view lot in Bryn Mawr
    Unobstructed panoramic views of Lake Washington and the Cascade Mountains
    Zoned R6 with multiple development possibilities under current zoning guidelines
    Paved road surface
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    Waterfront Land Parcel
    Waterfront Land Parcel

    7220 S Ryan Street, Seattle, WA 98178

    $410,000
    6,000.00 AC lot

    A Lake Washington waterfront parcel with panoramic views of Seattle downtown and surrounding mountains.

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    Waterfront Residential Land Lot
    Waterfront Residential Land Lot

    23-xx Perkins Lane West, Seattle, WA 98199

    $79,975
    0.06 AC lot

    Residential lot with utilities available in the street and no HOA, offering Puget Sound and Olympic Mountain views.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Established Waterfront Marina
    Established Waterfront Marina

    5320 28th Ave NW, Seattle, WA 98107

    Contact for pricing

    Operating marina with commercial tenancy, an established slip count, and a service lease extending through July 31, 2028.

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    Waterfront Industrial Warehouse and Land
    Waterfront Industrial Warehouse and Land

    653 NW 41st St, Seattle, WA 98107

    Contact for pricing
    6,540 sqft 2.79 AC lot

    Waterfront moorage fronting a 6,540 SF warehouse plus 121,291 SF of land with development potential.

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    Unimproved Land
    Unimproved Land

    37xx NW Esplanade, Seattle, WA 98117

    $199,500

    Residential land & home lots

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    Land
    Land

    520 36TH, Seattle, WA 98112

    $3,950,000

    Waterfront Land

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    Land
    Land

    97 Arrowsmith Avenue South, Seattle, WA 98118

    $250,000

    Residential land & home lots

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    Waterfront Industrial Land
    Waterfront Industrial Land

    2737-2805 & 2750-2800 W Commodore Way, Seattle, WA 98199

    Contact for pricing

    Industrial waterfront acreage with dock, moorage, utilities, and established access.

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    Land
    Land

    0 269XX Des Moines Memorial Dr, Seattle, WA 98108

    $75,000

    Residential land & home lots

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 Active listings in Seattle, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Development Land with Views
    Waterfront Development Land with Views

    A-508 8th Ave W, Kirkland, WA 98033

    $2,300,000
    7,292 sqft

    Waterfront land with a large building pad and room for custom design with expansive lake and city views.

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    Land
    Land

    13059 Southeast 76th Street, Newcastle, WA 98056

    $850,000

    Waterfront Land

    View details
    Waterfront Lot with Fixer Home
    Waterfront Lot with Fixer Home

    13055 SE 76th Street, Newcastle, WA 98056

    $1,350,000

    Rare waterfront lot with fixer home on Lake Boren.

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    Land
    Land

    7615 Champagne Point, Kirkland, WA 98034

    $3,400,000

    Waterfront Land

    View details

    Seattle, WA Waterfront Land Market Trends and Statistics

    Explore 11 waterfront land for sale in Seattle, WA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 261,509,846 square feet of properties for sale, with an estimated market value of $8,064,475.

    Sale prices for water rights properties in Seattle, WA start at $75,000, averaging $1,008,059, and reaching up to $3,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 179
    Commercial land 143
    Industrial land 16
    Waterfront Land 13

    Demographics Overview

    Population 1.02M
    Population Growth (5Y) +5.3%
    Median Household Income $117,466
    College Educated 45.8%

    High-Yield Neighborhoods for Investment

    Identify Seattle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98178 $855K
    98116 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 0.84%
    Property Tax per SF $5.91 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Seattle fall within the under-1-acre range.

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    Most Searched ZIP Codes in Seattle, WA

    • 98199
    • 98107
    • 98117
    • 98178
    • 98108
    • 98112
    • 98116
    • 98118

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