7529 Beacon Avenue S, Seattle, WA 98118, Seattle, 98118 - 2 bed, 2 bath
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Seattle, WA 98118
This property presents a High-Potential Investment Opportunity with a List Price of $695,000—positioned well above the $649,535 Fair Market Value by -6%. Featuring a Condition Rating of 5, this asset requires significant capital investment to modernize its original 1956 systems. However, the 9,041 sq ft NR3-zoned corner lot offers massive upside for subdivision or DADU development. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to unlock value through redevelopment in a high-demand Beacon Hill location.
Property is extensive renovation needed.
Built in 1956 with no evidence of major renovations. The kitchen features original-style cabinetry and dated linoleum flooring, while the bathroom shows significant wear, mismatched tiling, and potential moisture damage around the window. The exterior exhibits peeling paint and deferred maintenance, and the listing description explicitly targets investors and builders for redevelopment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9041, living area = 1690.
The oversized 9,041 sq ft NR3-zoned corner lot offers rare opportunities for subdivision or the addition of a DADU, providing massive upside for investors and builders in a high-demand area.
The lower level features a large family room and potential for a third bedroom, allowing buyers to easily increase the functional square footage and market value through strategic finishing.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1690, other record living area = 1290.
As a 1956 original marketed for its 'potential,' the property likely requires significant capital investment to update systems and finishes to modern standards.
While subdivision is mentioned, the feasibility is subject to City of Seattle SDCI verification, placing the burden of regulatory due diligence and potential zoning hurdles on the buyer.
Opportunity awaits in desirable Beacon Hill! This 2-bedroom, 2-bath home is full of potential and sits on a spacious 9,041 sq ft NR3-zoned corner lot with endless possibilities for investors, builders, or buyers looking to customize and build equity. Main level features 2 bedrooms, 1 full bath, and bright living spaces. Lower level includes a large family room, additional bath, third bedroom potential, and attached 1-car garage. Spacious yard offers plenty of space for gardening, outdoor entertaining, or future development. Potential opportunity to build a DADU and explore subdividable possibilities (buyer to verify with City of Seattle SDCI). Conveniently located near parks, shopping, dining, and easy access to downtown Seattle. Rare opportunity to unlock the value of this oversized lot in a sought-after neighborhood!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1956 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 22, 2026
$695,000
Initial Listing