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

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

Dunlap Neighborhood

Estimated payment $6,662/month

Total Views 8,890
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

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
  • 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:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2330431

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98118 Dunlap

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

For Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Charla Oliver
Listing Agent
Charla Oliver
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