Listed by Paragon Real Estate Advisors
$3,850,000

3907 -3917 NE 50th St Seattle, WA 98105

Ravenna Neighborhood

Estimated payment $25,359/month

Total Views 8,938
0.31 Acre
$12,423,362 Price per Acre
13,499 Sq Ft Lot

About This Lot

This is a rare opportunity to redevelop in one of Seattle’s A+ neighborhoods. The site is located on a corner lot off of 40th Avenue NE, just steps away from Seattle Children’s Hospital, and minutes from the University Village and the University of Washington. The site consists of three contiguous lots that are all 4,500 square feet, totaling 13,500 square feet of land and are zoned LR2 (M). Currently on each lot, there is a single-family rambler with a total of 2,710 rentable SqFt spread across the three homes. The zoning allocates a 1.4 FAR allowing a developer to build 18,900 SqFt of rentable space, which correlates to 12-14 townhouses (Buyer to verify).

Listing Agent

Ben Douglas

Paragon Real Estate Advisors License #22013305 Listed on: 03/05/2025

Co-Listing Agent

Michael Urquhart

Paragon Real Estate Advisors License #135356

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2339925

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • 0.31 Acre Lot
  • 1025049177,1025049184
  • Zoning described as LR2 (M)

Community Details

  • No Home Owners Association
  • Laurelhurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1025049187

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 103

Interior Features

  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1025049187
  • Lot Size Acres: 0.3099
  • Lot Size Sq Ft: 13500
  • Additional Parcels Description: 1025049177,1025049184
  • Zoning Description: LR2 (M)
  • Zoning: LR2 (M)
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City

Map

Range of Values:

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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 Change Sq Ft Price
03/05/2025 03/05/25 For Sale $3,850,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2339925

Northwest Multiple Listing Service (NWMLS)