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    505 208Th Ave, Unit Sammamish Sammamish, WA 98074

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    For Sale
    $1,850,000

    Rare 3-acre property with development potential in Sammamish, Washington.

    Lot size:
    3.08 Acres

    Property Features for 505 208Th Ave

    General Information

    Lot size
    3.08 Acres

    Source: FRONTIER REALTY Agent KYUNG A LEE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Private 3-Acre Land Opportunity

    This 3-acre property offers potential for luxury living and investment. It allows for designing a private estate or subdividing into two lots. Utilities are on site, and sewer is available at the street. An existing home on the property has structural damage, with the value primarily in the land. The location provides privacy and seasonal views of Lake Sammamish, with proximity to shopping, dining, and major routes. It is located in the Lake Washington School District, presenting an opportunity for development in a desirable community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Building Supply Gym & Fitness Department Store HVAC Service Electronics Store Daycare Center Computer & Electronic Repair Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sammamish
    County
    King
    State
    Washington
    Longitude
    -122.0638387
    Latitude
    47.6045138

    Nearby Similar for Sale

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    • $250,000
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      Sammamish Cafe - Turnkey Business

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    FAQs

    What type of property is this?
    Land - Rare 3-acre property with development potential in Sammamish, Washington.
    Where is this land located?
    The property is located at 505 208Th Ave, Unit Sammamish Sammamish, WA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Rare 3-acre property offering both luxury estate potential and subdivision opportunity.; - All utilities on site, including sewer access at the street.; - Located in the highly sought-after Lake Washington School District.
    (425) 712-8949
    Request Owner's contact information
    505 208Th Ave, Unit Sammamish Sammamish, WA 98074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 208Th Ave, Unit Sammamish Sammamish, WA 98074
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