
Seattle, WA 98117
This property presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned well above the $757,298 Fair Market Value by -25%. Featuring a Condition Rating of 6, this tear-down asset offers a massive 9,900 sqft lot with significant development potential for multiple structures. Located in a desirable neighborhood with possible water views and proximity to top-rated schools like North Beach Elementary, this site is a prime candidate for large-scale redevelopment. It is an ideal acquisition for Real Estate Developers or Custom Home Builders.
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 · $765 | $950,000* List Price | 1 | 2 | 990 | $765 | - |
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 describes the property as a 'tear down' and 'fixer' sold 'AS IS,' emphasizing land value and the potential for building multiple new 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 the desirable North Beach neighborhood provides a rare opportunity for developers to potentially build multiple structures or a large-scale luxury estate.
The property is served by top-tier public schools, including North Beach Elementary and Whitman Middle School, both boasting high ratings which sustains long-term land value.
Marketed as a 'fixer' or 'tear down' and sold strictly 'as-is,' the existing 1942 structure requires total replacement or massive capital expenditure to become habitable.
With over 370 days on the market, the listing may carry a stigma or suggest that the current price point does not yet align with the costs and risks associated with its development needs.
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 | 393 | 35 |
Sep 26, 2025
$950,000
Initial Listing