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Queen Anne Development Opportunity
For Sale
$4,956,000
Pending

34 36 38 42 W Dravus Street, Seattle, WA 98119

Four-parcel assemblage in Queen Anne neighborhood, ideal for townhomes.

Property SizeContact for details
Lot Size0.42 Acres
Days on Market525

Property Features for 34 36 38 42 W Dravus Street

General Information

Standard status Pending
Lot size 0.42 Acres
Property subtype Land or Vacant Lot

Amenities

Sidewalk
Alley
Curbed Lot
Paved
Listing Agency: LAND ADVISORS ORGANIZATION WA
Listed By: MATHIS JESSEN · License #25013764
Source: Corcoran
Added: Mar 15, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:02AM

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 LAND ADVISORS ORGANIZATION WA

Investment Insights

Based on property information with market context.

This is an exceptional four-parcel assemblage offering a great development opportunity in Seattle's highly desirable Queen Anne neighborhood. The site spans 18,456 square feet and is zoned LR3(M), allowing for approximately 16 townhomes. This is ideal for capitalizing on Seattle’s strong housing demand. The site is relatively flat from W. Dravus St. and has alley access, offering both design flexibility and ease of construction. Located just minutes from downtown and adjacent to Seattle Pacific University, future residents will enjoy seamless connectivity to the City’s core while also benefiting from the vibrant, walkable communities of Fremont and Queen Anne, renowned for their eclectic mix of dining, shopping, and cultural attractions. The property is intended for residential land and home lots, as well as land use.

Key Highlights

  • Development opportunity: 18,456 sqf assemblage zoned LR3(M) allowing approx. 16 townhomes.
  • Highly desirable Queen Anne neighborhood location.
  • Strong housing demand in Seattle.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Barber Shop Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Nail Salon Butcher

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

2,290
Businesses Nearby

Demographics for 98119, WA

26,238
Population
15,323
Households
1.7
Avg Household Size
35
Median Age
71%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
10,933
Density / Sq Mi
$125,021
Median Household Income
$74,038
Median Earnings
$1,963
Median Rent
$1,032,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Four-parcel assemblage in Queen Anne neighborhood, ideal for townhomes.
Where is this residential land & home lot located?
The property is located at 34 36 38 42 W Dravus Street Seattle, WA.
What is the asking price?
The asking price for this property is $4,956,000.
What are key features of this property?
This property features: Development opportunity: 18,456 sqf assemblage zoned LR3(M) allowing approx. 16 townhomes.; Highly desirable Queen Anne neighborhood location.; Strong housing demand in Seattle.
More about this property
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