13541 8Th Ave, Seattle, WA 98177
Prime 0.34-acre residential lot (15,001 sq ft) in Seattle's desirable Elford Park community, offering breathtaking views of Puget Sound and the Olympic Mountains. This mostly level lot is conveniently located in a quiet, walkable neighborhood with direct access to a community beach. Enjoy the convenience of a community pool (annual fee applies via Homeowners Club). Shopping, dining, and entertainment options in Seattle and Bellevue are within a 15-25 minute drive. Numerous recreational opportunities are just minutes away. The property boasts power and water readily available at the street. A 4-bedroom septic design has already been approved, and comprehensive studies, including a short plat, site plan, and master use permit, are complete. While a construction permit is still required, this lot presents a unique opportunity to build a custom home or hold for future investment/development. The property is zoned NR1 (King County APN 2303900166). MLS# 2210892 (Lot A) is also available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.