
Seattle, WA 98118
Value is in the Land. This is an expansive 9,600 sq ft land-play opportunity, measuring 75’ W x 128’ D, in the highly desirable Graham Hill-Seward Park corridor, zoned NR for one to multiple home configurations, including ADU/DADU – and featuring: [1] MHA exemption, [2] Parking exemption, [3] FAR exemption for daylight basement sf, [4] Expansive views toward Beacon Hill, West Seattle, and Olympic Mountain caps, [5] Site prep, [6] Utilities. A comprehensive digital Property Profile Packet is available detailing comprehensive site and transaction readiness. Title is clear, so good to go. Build the possibilities. Sell the views.
Property is land value only, full reconstruction required.
Built in 1928 and nearly 100 years old with no evidence of renovation. The listing explicitly states 'Value is in the Land' and describes it as a 'land-play opportunity,' focusing entirely on zoning and development potential rather than the condition of the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9600, living area = 1310.
The expansive 9,600 sq ft lot is zoned for multiple home configurations and benefits from MHA, Parking, and FAR exemptions, maximizing buildable square footage and density.
The property offers impressive, expansive views toward Beacon Hill, West Seattle, and the Olympic Mountain caps, providing a significant value-add for future residential development.
The listing explicitly states the value is in the land, implying the existing 1928 structure is likely a teardown, which necessitates additional demolition and clearing costs.
The property has been on the market for 66 days and recently underwent a significant $80,000 price reduction, suggesting initial overpricing or lower current demand for land-play projects.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 1.7 mi
Grades PK-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,310 | 1,801.924 |
| Lot Size | 9,600 | 4,494.536 |
| Price | $695.0K | $974.4K |
| Price per sq ft | $531 | $569 |
| Built year | 1928 | 1948 |
| HOA | $0 | $78 |
| Days on market | 88 | 35 |
Oct 2, 2026
$695,000
$775,000
-10% Price Drop
Initial Listing
Jul 28, 2026
$775,000
Initial Listing