
Seattle, WA 98117
This property presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned well above the $756,659 Fair Market Value by -25%. Featuring a Condition Rating of 6, this tear-down asset offers a massive 9,900 sqft lot with significant redevelopment potential for multiple structures. Located in a desirable neighborhood with Top-Rated Schools (8/10 ratings) and potential water views, this site is a strategic acquisition for Real Estate Developers or Experienced Investors focused on long-term land value and density.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9104 28th Avenue NW Subject 1 bd · 2 ba · 990 sqft · $764 | $950,000* List Price | 1 | 2 | 990 | $764 | - |
A 8552 31st Avenue NW Sold 2 bd · 1 ba · 950 sqft · $716 · 0.3 mi | $680,000 | 2 | 1 | 950 | $716 | 0.3 mi |
B 8555 30th Avenue NW Pending 1 bd · 2 ba · 1,230 sqft · $691 · 0.3 mi | $850,000 List Price | 1 | 2 | 1,230 | $691 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1942 (82 years old) with no recorded renovations, the listing explicitly identifies the property as a 'tear down' and 'fixer' sold 'AS IS.' The value is primarily in the land for potential redevelopment of multiple structures.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9900, living area = 990.
The oversized 9,900 sqft lot in a high-demand Seattle neighborhood offers a rare opportunity for a tear-down and the potential construction of multiple residential structures.
The property is situated within the boundaries of highly-rated schools, including North Beach Elementary and Whitman Middle School, both holding impressive 8/10 ratings.
Sold strictly 'as-is' as a fixer-upper, the existing 1942 structure likely requires complete demolition or an exhaustive renovation, adding substantial upfront costs.
With over 300 days on the market, the listing may face buyer skepticism regarding its price-to-value ratio or underlying development challenges.
MUST HAVE CONFIRMED APPOINTMENT BEFORE ENTERING PROPERTY!!! Many possibilities' of a tear down and building multiple structures on the property. Seattle Dept of Construction & Inspections is who to inquire about structures to be built on the property. This Fixer is in a very desirable neighborhood with possible views of the water. House and Property are sold AS IS
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 990 | 1,801.924 |
| Lot Size | 9,900 | 4,494.536 |
| Price | $950.0K | $974.4K |
| Price per sq ft | $960 | $569 |
| Built year | 1942 | 1948 |
| HOA | $0 | $78 |
| Days on market | 394 | 35 |
Sep 18, 2026
$950,000
$1,000,000
-5% Price Drop
Initial Listing
Sep 26, 2025
$1,000,000
Initial Listing