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1 Bed
1 Bath
500 sqft

$658,000

5029 46th Avenue SW, Seattle WA, 98136

Price per sqft$1,316.00
Built in1916
Property size500 sqft
Property typeResidential

Overview

Active

Updated 12h ago

Development Opportunity in the Heart of West Seattle! Exceptional chance to unlock value on this generously sized parcel in a sought-after residential location. The property is improved with an approximately 500 sq. ft. home strategically positioned adjacent to the alley, creating a unique opportunity to retain the existing structure while exploring future development potential, subject to buyer verification and applicable regulations. Investors, builders, and developers will appreciate the flexibility this layout may offer for maximizing site utility and redevelopment options. Surrounded by established neighborhoods, parks, amenities, and convenient access to Alaska Junction, Lincoln Park, downtown Seattle, and major transportation routes, this property benefits from strong housing demand and ongoing neighborhood investment. The existing home may provide interim occupancy, rental income, guest quarters, or other possibilities while future plans are evaluated. Buyers are encouraged to conduct their own feasibility studies regarding zoning, lot configuration, utilities, permitting requirements, and development potential. Rare opportunity to secure a well-located parcel with upside potential in one of Seattle's most desirable neighborhoods. Whether seeking a land-bank investment, custom home site, cottage-style infill strategy, or redevelopment project, this property offers an attractive combination of location, flexibility, and future possibilities. Property sold as-is.

$4,378/mo

Est. mortgage payment based on a $658,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2599951

Interior Features

Bedrooms
1
Bathrooms
1
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$4,627
Tax Frequency
Annually
55+/Senior Community
No
Provided by NWMLS, Listing Broker: John L. Scott, Inc; Paul F. Mackay Jr; 206-920-0399; [email protected]
MLS provider logo

Provided by NWMLS, Listed by Paul F. Mackay Jr, 206-920-0399 at John L. Scott, Inc

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/1/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/1/2026 at 1:46 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 Northwest Multiple Listing Service all rights reserved.

Data last updated on 11/1/2026 at 1:46 PM UTC 

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