2540 39th Ave E Unit 5 Seattle, WA 98112
Madison Park NeighborhoodEstimated payment $10,628/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2026 07/10/26 | Pending | -- | -- | -- |
| 04/21/2026 04/21/26 | For Sale | $1,500,000 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2510960
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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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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