Search
Matthews Beach Investment Opportunity
For Sale
$995,000

9229 45th Avenue NE #4, Seattle, WA 98115

Rare lot near Matthews Beach Park with development flexibility.

Property SizeContact for details
Lot Size0.31 Acres
Days on Market183

Property Features for 9229 45th Avenue NE #4

General Information

Standard status Active
Lot size 0.31 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $9,339

Amenities

Paved
Listing Agency: WINDERMERE REAL ESTATE CO.
Listed By: MARILYN C. SMITH
Source: Corcoran
Added: Feb 24 Changed: Aug 8 Last Checked: Jul 16 at 4:36AM

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 WINDERMERE REAL ESTATE CO.

Investment Insights

Based on property information with market context.

This property presents an investment opportunity in Matthews Beach. The parcel offers a combination of location, NR2 zoning, and development flexibility. Surrounded by open space with potential territorial views, the property is located on a tree-lined street. It is suitable for designing and building a residence or capitalizing on its zoning potential. The location provides access to the Burke-Gilman Trail, Matthews Beach Park, Lake Washington, and Magnuson Park. Nearby destinations include Magnuson Cafe & Brewery, Grand Central Bakery, Wedgwood Broiler, and Fiddler's Inn. Metropolitan Market and PCC Community Markets are also conveniently located. With access to public transportation and major freeways, the location offers connectivity while maintaining a residential atmosphere. The property is sold as-is, and the existing structure has been prepared for removal, allowing for immediate development. The property combines privacy, location, zoning flexibility, and lifestyle appeal.

Key Highlights

  • Prime location in Matthews Beach with NR2 zoning offering remarkable development flexibility.
  • Rare, private parcel surrounded by expansive open space with potential for sweeping territorial views.
  • Proximity to Burke‑Gilman Trail, Matthews Beach Park, Lake Washington, and Magnuson Park.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Law Firm Restaurant Kitchen & Bath Showroom Auto Repair Shop Nail Salon

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

342
Businesses Nearby

Demographics for 98115, WA

54,322
Population
24,966
Households
2.2
Avg Household Size
36
Median Age
78%
College-Educated
99%
High-School Grad
6.6 sq mi
ZIP Area
8,231
Density / Sq Mi
$148,190
Median Household Income
$82,332
Median Earnings
$2,118
Median Rent
$1,041,500
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 lot near Matthews Beach Park with development flexibility.
Where is this residential land & home lot located?
The property is located at 9229 45th Avenue NE #4 Seattle, WA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime location in Matthews Beach with NR2 zoning offering remarkable development flexibility.; Rare, private parcel surrounded by expansive open space with potential for sweeping territorial views.; Proximity to Burke‑Gilman Trail, Matthews Beach Park, Lake Washington, and Magnuson Park.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message