Listed by AgencyOne
$1,100,000
$298K PRICE DROP

0 S Director & 48th Ave S Unit NWM2330431 Seattle, WA 98118

Dunlap Neighborhood

Estimated payment $7,021/month

Total Views 7,339
0.55 Acre
$1,985,560 Price per Acre
24,132 Sq Ft Lot

Highlights

  • 0.55 Acre Lot
  • Corner Lot
  • No HOA
  • Territorial View

About This Lot

Rare Development Opportunity in Rainier Beach! First time on the market in 26 years, this 6-lot assembly spans over half an acre and is one of the last multi-lot development sites in this rapidly growing community. Zoned LR2 (M), allowing for a variety of multifamily housing types, including townhomes, row houses, and apartments. Infrastructure is already in place with water meter boxes set and three sewer stubs ready for easy city connection. The property is conveniently located just blocks from Lake Washington, light rail, shopping, and Kubota Garden, with quick access to I-5. New fencing included. Don’t miss this prime investment opportunity in one of Seattle’s most promising neighborhoods!

Listing Agent

Charla Oliver

AgencyOne License #18303 Listed on: 02/07/2025

AgencyOne

Co-Listing Agent

Tommy Quach

Windermere R.E. Shoreline License #139508

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2330431

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,511

Lot Details

  • 0.55 Acre Lot
  • Corner Lot
  • Level Lot
  • 2123700452,2123700454,2123700456,2123700458,2123700460
  • Zoning described as Multi-Family

Property Views

  • Territorial Views

Schools

  • Aki Kurose Middle School
  • Rainier Beach High School

Community Details

  • No Home Owners Association
  • Dunlaps Plat On Lake Washington Condos
  • Rainier Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2123700444

Property Details

Property Type

Land

Est. Annual Taxes

$10,511

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Dunlaps Plat on Lake Washington
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush
  • SOCComments: Request in Offer
  • LevelComment: Level
  • Special Features: None
  • Cumulative Days on Market: 129

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: Paved
  • RoadOnWhichSide: N
  • WaterJurisdiction: City

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available, On Property
  • Water Source: In Street, On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: Available
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Rainier Beach High
  • Middle Or Junior School: Aki Kurose

Lot Info

  • Parcel Number: 2123700444
  • Topography: Level
  • Lot Size Acres: 0.554
  • Lot Size Sq Ft: 24134
  • Additional Parcels Description: 2123700452,2123700454,2123700456,2123700458,2123700460
  • Zoning Description: Multi-Family
  • Zoning: LR2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • SlopeComment: N/A

Tax Info

  • Year: 2024
  • Tax Annual Amount: 10511

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Price Changed $1,100,000 -21.3% --
02/07/2025 02/07/25 For Sale $1,398,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Similar Properties in Seattle, WA

  • 9806 30th Ave SW, Seattle, WA 98126

    $825,000

    • Land
    • 0.62 Acre
    • $1,330,645 per Acre
    • 9806 30th Ave SW
    • Seattle, WA

    New Price! Over 1/2 acre lot with subdivision potential in Arbor Heights, West Seattle. Homes are selling fast in this neighborhood, recently voted one of the best places to live in Seattle! Zoned King County R12P, allowing for medium-density development. Located in the Urban Growth Area (UGA) with increased density potential under HB1337. Flat, cleared lot with all utilities available at the

    Ryan Allie Redfin

    Section Image
  • 10857 Arroyo Beach Place SW, Seattle, WA 98146

    $899,000

    • Land
    • 0.45 Acre
    • $1,997,778 per Acre
    • 10857 Arroyo Beach Place SW
    • Seattle, WA

    Extremely rare opportunity to build your dream home on 51 feet of prime Puget Sound waterfront in the coveted Arroyos. This buildable lot offers sweeping water and mountain views, with utilities in the paved street. Bring your architect and imagination—whether for a luxurious retreat or investment, the potential is endless. Just minutes to West Seattle and area amenities. Seller financing may be

    Sean Boe Windermere Real Estate Midtown

    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2330431

Northwest Multiple Listing Service (NWMLS)