Rare opportunity to acquire three adjoining, legally separate parcels in Seattle's growing South Park neighborhood, offered together as one unique package. The property includes a lightly renovated, move-in-ready 3-bedroom, 1-bath, 1,490 SF home plus two adjacent buildable lots, offering exceptional flexibility for builders, investors, or owner-occupants. Live in or rent the existing home while developing the neighboring parcels, create a multi-property investment, or take advantage of the significant planning already completed. The vacant lots include permit-ready plans for two new 2,000+ SF homes, providing an opportunity to move forward with development without starting the process from scratch. Each parcel is legally separate with its own assigned address, allowing for multiple potential ownership and development strategies. Whether you're looking to generate rental income during construction, build and sell, or create a long-term real estate investment, this three-parcel offering presents a compelling opportunity to acquire the entire assemblage together. The home and individual parcels are also marketed separately. See MLS #2476505, #2476503, #2520051) for additional information.
| MLS # | 2548900 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | South Park |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 24 |
| Listing Provided By | COMPASS | Laura Lynn |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,490 |
| Story(s) | 1 |
| Acreage | 0.14 |
| Property View | Yes |
| Property | 4931 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98108 |
| Area | 130 Burien | Normandy Park |
| Community Name | South Park |
| School District | Sealth High |
| Elementary School | Concord |
| High School | Sealth High |
| Listing VS Median (in South Park) | |
Price: $775,000 low | high Med: $549,950 sqft: 1,490 low | high Med: 1,105 $ / sqft: $520 low | high Med: $528 On site: 24 low | high Med: 172 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98108 |
| Area | 130 Burien | Normandy Park |
| Community Name | South Park |
| School District | Sealth High |
| Elementary School | Concord |
| High School | Sealth High |
| Listing VS Median (in South Park) | |
Price: $775,000 low | high Med: $549,950 sqft: 1,490 low | high Med: 1,105 $ / sqft: $520 low | high Med: $528 On site: 24 low | high Med: 172 | |