Investment opportunity in one of Seattle's most sought-after neighborhoods! Offered for the first time in over 60 years, this 2-bedroom, 1-bath home presents a rare chance to create value in a prime location between Madrona and the Central District. Situated on a quiet residential street just blocks from Lake Washington, the property offers incredible potential for investors, builders, flippers, or buyers with vision. The existing 720-square-foot home features a functional floor plan and provides a solid starting point for renovation, expansion, or redevelopment. Surrounded by established homes and ongoing neighborhood investment, this is an opportunity to secure a foothold in an area where demand continues to grow. Enjoy easy access to parks, waterfront recreation, acclaimed restaurants, coffee shops, shopping, and high-end grocery stores, all while maintaining the charm and community feel that make this neighborhood so desirable. Whether you're looking to restore, reimagine, or build new, opportunities like this are becoming increasingly rare. Bring your ideas and unlock the potential of this exceptional in-city property.

Courtesy of NWMLS
Listing courtesy of Jennifer Wallin of KW Greater Seattle



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Last checked: 2026-09-10 12:42 AM PDT