8555 30th Avenue NW, Seattle, WA 98117, Seattle, 98117 - 1 bed, 2 bath
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Seattle, WA 98117
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $871,459 Fair Market Value by 2%. This valuation gap offers $21,459 in Instant Equity for buyers. With a Condition Rating of 5, the home serves as a strategic land-value play in a top-tier school district. Featuring a 7,455 sqft lot, deck, and patio, it is ideal for Residential Developers or Buy-and-Hold Investors seeking immediate rental income while planning a custom build.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8555 30th Avenue NW Subject | $850,000* List Price | 1 | 2 | 1,230 | $709 | - |
A 8626 21st Avenue NW Active | $965,000 List Price | 3 | 2 | 1,340 | $720 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1944 and marketed primarily as a land value opportunity for new construction. While the kitchen and bathrooms feature functional mid-life updates (approx. 20 years old), the overall structure, aging systems, and unfinished basement require significant rehabilitation to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7455, living area = 1230.
The property features a large, mostly level 7,455 sqft lot in a prime North Seattle location, offering a rare and versatile canvas for a custom luxury build or strategic residential development.
Situated in the sought-after North Beach/Ballard area, the property is minutes from Golden Gardens and served by top-tier schools, including North Beach Elementary and Whitman Middle School, both rated 8/10.
The existing 1944 structure is secondary to the land value, meaning the property likely requires a full teardown or significant capital investment to achieve its highest and best use.
At an $850,000 price point for what is essentially a development site, the initial acquisition cost necessitates a high-end finished product to ensure a strong return on investment.
Bring your vision to this exceptional, high-value land opportunity located in one of North Seattle’s most sought-after Crown Hill / Ballard neighborhoods. Positioned on a mostly level, sunny, east-facing lot, this property is the perfect canvas for a custom new construction build, a modern dream home, or a strategic residential development. While the value is primarily in the land, the existing structure features a functional 1-bedroom, 1.5-bathroom home complete with a finished daylight basement—ideal as a consistent rental income generator while you secure permits, or a live-in residence during the planning phases. The location offers unbeatable upside for future resale and equity, sitting just blocks from local parks, dining, and transit lines, with rapid access to downtown Ballard and Golden Gardens. Realize the massive potential of this premium NW Seattle lot and bring your builder, contractor, or development plans today!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
Jul 17, 2026
$850,000
Initial Listing