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Listed price in listed location currency (USD).
$1,075,000

000

MLS® 2507351

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $10,952
Days Active 13
Lot Size 
Approx. Age 1911
MLS® Number 2507351

Property Address: 807 N 49th St, Seattle, WA, 98103-6544

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number2507351
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1911
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 14, 2026List Date
$1,075,000List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 14, 2026List Date
$1,075,000List Price
  • Commute

Commute

Starting Address
Destination Address
807 N 49Th St, Seattle, WA

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