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Ardivus Brivity

Sooper Dooper Guy | Template Draper

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807 N 49th St , Seattle, WA 98103
$1,075,000
Est. Payment: $5,343.36/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 63
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit apartment building producing $50,311 in annual net operating income.
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Highlights

Listed by Gabe Blake , 206-618-2207 Blake Investment Advisors , 206-618-2207. Northwest Multiple Listing Service

Property Type

Vacant Land
Lot/Acreage
0.09

County

King

Area

705 - Ballard/Greenlake

 Neighborhood

Wallingford

 School District

Seattle

Listing ID

2507351

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Other:Available

Exterior Features

Lot:Sidewalk,Zoning: Multi-Family
Zoning:Multi-Family
Sewer:Available
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$5,343
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$913

Home Price

$1,075,000

Home Price

Loan Details

30 yrs
6.336%

Interest Rate

Loan Type

Down Payment

20%
$215,000

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,343.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,343.36 $912.67 $0.00 $6,256.03
Yearly $64,120.36 $10,952.00 $0.00 $75,072.36
Total $1,923,610.91 $328,560.00 $0.00 $2,252,170.91
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Seattle, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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Data last updated: 2026-07-01T06:46:11.000Z

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