**Exceptional Development Opportunity - The Value Is in the Land!** Prime 4,400 SF level lot (40' x 110') in one of Seattle's rapidly transforming neighborhoods. Builder activity is already underway with four new homes currently under construction directly across the street, highlighting the strong demand for new housing in the area. Zoned **Neighborhood Residential (NR)** under Seattle's Unified Development Code, this property offers exciting redevelopment potential. Four units are permitted by right with no discretionary design review required for that density. The site may also qualify for additional density through stacked-flat and/or frequent-transit bonus provisions due to its proximity to the Madison Street RapidRide G Line (buyer to verify). Potential eligibility for the 1.6 FAR tier allows approximately 7,000 SF of buildable floor area. Height limits are 32 feet, with potential for up to 42 feet through qualifying tree canopy incentives. An outstanding opportunity for builders, developers, and investors looking to capitalize on Seattle's evolving housing market. Buyer to verify all zoning, density, FAR, height, and development potential to their own satisfaction.
| MLS # | 2550121 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1950 |
| Days On Site | 85 |
| Listing Provided By | Windermere Real Estate/East | Anastasia Miles |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,440 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | NR3 |
| Acreage | 0.10 |
| Property View | Yes |
| Property | 6182 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98112 |
| Area | 390 Central Seattle |
| Community Name | Madison Valley |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Madison Valley) | |
Price: $995,000 low | high Med: $900,000 sqft: 1,440 low | high Med: 900 $ / sqft: $691 low | high Med: $1,000 On site: 85 low | high Med: 155 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98112 |
| Area | 390 Central Seattle |
| Community Name | Madison Valley |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Madison Valley) | |
Price: $995,000 low | high Med: $900,000 sqft: 1,440 low | high Med: 900 $ / sqft: $691 low | high Med: $1,000 On site: 85 low | high Med: 155 | |
![]() | $799,950110 29th AvenueSeattle, WA 98112 |
![]() | $799,950110 29th AvenueSeattle, WA 98112 |
![]() | $779,950108 29th AvenueSeattle, WA 98112 |
![]() | $779,950108 29th AvenueSeattle, WA 98112 |