2540 39th Ave E Unit 5 Seattle, WA 98112
Madison Park NeighborhoodEstimated payment $10,526/month
Highlights
- Lake Front
- Community Boat Launch
- 0.48 Acre Lot
- McGilvra Elementary School Rated A
- Gated Community
- Cul-De-Sac
About This Lot
Ready-to-build opportunity with City of Seattle permit for a 6,200+ SF custom home. Set on a rare and level 20,699 SF lot in Madison Estates, an exclusive, gated Lake Washington luxury community in the heart of Madison Park. This property offers a truly special setting. The site is beautifully positioned beside an architect-designed pond and surrounded by mature old-growth trees, creating a serene and distinctive landscape. Enjoy private community access to a boat dock and waterfront features. Permitted plans for a stunning Northwest Contemporary residence are included, or bring your own vision (in compliance with the HOA). Ideally located only blocks from the vibrant Madison Park Village, with its popular shops, restaurants, parks, and schools. Seller financing available.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2510960
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,050
Lot Details
- 20,699 Sq Ft Lot
- Lake Front
- Cul-De-Sac
- Street terminates at a dead end
- Level Lot
HOA Fees
- $1,188 Monthly HOA Fees
Property Views
- Lake
- Territorial
Schools
- Seattle Public Sch Elementary And Middle School
- Seattle Public Sch High School
Utilities
- Sewer in Street
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 4114600339
Community Details
Overview
- Association fees include common area maintenance, road maintenance
- Madison Estates Condos
- Madison Park Subdivision
- The community has rules related to covenants, conditions, and restrictions
Recreation
- Community Boat Launch
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2026 04/21/26 | For Sale | $1,500,000 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2510960
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Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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Ask me questions while you tour the home.