Investors and Builders: Prime Madrona location steps to neighborhood retail and transit. Surrounded by a mix of classic homes, newer townhomes, condos, and commercial amenities, this 6,545 SF NR3-zoned corner lot offers strong redevelopment and value-add potential in a proven growth pocket. Sold As-Is. Flexible options include renovation with ADU/DADU configuration, repairing the existing home, or exploration of multi-unit development under NR3 zoning. The 1,620 SF home is livable and currently occupied by a caretaker but ready for updating. Lower level with separate entry provides ADU potential. Detached garage and additional RV parking create further flexibility for future plans.Bus stop nearby with direct access to downtown Seattle. Buyers to verify development capacity. Ideal opportunity for builders, flippers, or long-term investors seeking upside in an established in-city neighborhood. Private showings available through lockbox appointment, afternoons preferred. See supplements for more information.

Courtesy of NWMLS
Listing courtesy of Emily Cressey of KW Greater Seattle



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Last checked: 2026-09-10 12:32 AM PDT