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Rare Alki Lot Opportunity
For Sale
$650,000

2530 55th Avenue SW, Seattle, WA 98116

Rare Alki lot with development potential near the beach.

Property SizeContact for details
Lot Size0.70 Acres
Days on Market1778

Property Features for 2530 55th Avenue SW

General Information

Standard status Active
Lot size 0.70 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,842

Amenities

Sidewalk
Paved
Listing Agency: WEST SEATTLE REALTY
Listed By: ROBERT KELLY · License #24005005
Source: Corcoran
Added: Oct 2, 2021 Changed: Aug 8 Last Checked: Jul 16 at 6:08AM

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 WEST SEATTLE REALTY

Investment Insights

Based on property information with market context.

This Alki lot presents incredible possibilities due to recent zoning changes that might allow for apartment, rowhouse, or townhouse development. Alternatively, the lot could be split to accommodate two larger residential homes. The location is situated steps from the beach, offering access to Alki's amenities. Geotech survey, arborist, and landscape reports are available.

Key Highlights

  • Rare Alki lot, steps from Alki Beach
  • Potential for apartment, rowhouse, or townhouse development due to recent zoning changes
  • Opportunity to split the lot for two residential homes

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Storage Facility HVAC 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.

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby

Demographics for 98116, WA

27,691
Population
14,652
Households
1.9
Avg Household Size
41
Median Age
69%
College-Educated
98%
High-School Grad
3.0 sq mi
ZIP Area
9,230
Density / Sq Mi
$130,504
Median Household Income
$86,680
Median Earnings
$2,033
Median Rent
$917,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare Alki lot with development potential near the beach.
Where is this residential land & home lot located?
The property is located at 2530 55th Avenue SW Seattle, WA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Rare Alki lot, steps from Alki Beach; Potential for apartment, rowhouse, or townhouse development due to recent zoning changes; Opportunity to split the lot for two residential homes
More about this property
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