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Waterfront Land with Lake Views
For Sale
$1,000,000
Pending

5221 S Ferdinand Street #13-16, Seattle, WA 98118

Three contiguous parcels offer Lake Washington views, with one secured vacant home on the easternmost lot.

Property SizeContact for details
Days on Market112

Property Features for 5221 S Ferdinand Street #13-16

General Information

Standard status Pending
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $14,990

Amenities

Sidewalk
Adjacent to Public Land
Dead-end Street
Paved
Listing Agency: MARKETPLACE SOTHEBY'S INTL RTY
Listed By: TANYA FRANZEN-GARRETT
Source: Corcoran
Added: Apr 24 Changed: Aug 8 Last Checked: May 10 at 4:55AM

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 MARKETPLACE SOTHEBY'S INTL RTY

Investment Insights

Based on property information with market context.

This offering is value in the land: three contiguous tax parcels positioned in a setting with views of Lake Washington. The original parcels were sized over 5,000 square feet each and previously supported single-family homes.

The property is located at the end of a dead-end street off of 53rd and Hudson Street in Seattle. Community steps at the end of 53rd lead to a pedestrian walkway (Ferdinand Street, no longer accessible to vehicles), providing pedestrian access toward Lakewood Park Ballfield to the west and the Ferdinand Street Hand Carry Boat Launch Beach access to the east.

Currently, only one home stands on the easternmost lot bordering 53rd. The home is vacant, boarded up, and secured. Prospective buyers should not attempt to enter without prior permission.

Key Highlights

  • Value is in the land with 3 contiguous tax parcels in Seattle’s Seward Park area.
  • Lake Washington views reported from the parcels.
  • Property is at the end of a dead‑end street off 53rd and Hudson Street.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Repair Shop Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing 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

527
Businesses Nearby

Demographics for 98118, WA

47,504
Population
19,831
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
7,662
Density / Sq Mi
$109,085
Median Household Income
$54,827
Median Earnings
$1,831
Median Rent
$746,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Three contiguous parcels offer Lake Washington views, with one secured vacant home on the easternmost lot.
Where is this waterfront land located?
The property is located at 5221 S Ferdinand Street #13-16 Seattle, WA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Value is in the land with 3 contiguous tax parcels in Seattle’s Seward Park area.; Lake Washington views reported from the parcels.; Property is at the end of a dead‑end street off 53rd and Hudson Street.
More about this property
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