10400 Lake City Way Ne, Seattle, WA 98125
Local realty services provided by:Knipe Realty ERA Powered
Listed by: david w petersen, chad michael martini
Office: westlake associates, inc.
MLS#:2508862
Source:NWMLS
10400 Lake City Way Ne,Seattle, WA 98125
$2,750,000
- 1.01 Acres
- Lots / Land
- Active
Price summary
- Price:$2,750,000
About this home
This exceptional Meadowbrook Development Site comprises three parcels on the east side of Lake City Way NE, totaling approximately 43,957 square feet, zoned NC3-55 (M). NC3-55 (M) zoning delivers outstanding development flexibility with a 55-foot height limit (enabling efficient 5-story mixed-use structures) and 3.75 base FAR (~164,839 sq ft allowable) (Buyer to Verify), positioning the site for significant value creation through townhomes, rowhouses, apartments, ground-floor retail/commercial, or storage facility, construction yard, and many other uses. This highly visible, high-traffic corner location commands strong exposure along a major arterial, while also immediately adjacent to Meadowbrook Playfield and Community Center—prime recreational amenities that drive residential demand . Preliminary analysis supports ~40 townhomes with covered parking or 200+ multifamily units in a mixed-use format. Sweeping eastern views over the playfield, Lake Washington, and the Cascade Mountains provide a rare competitive edge, enhancing marketability and resident appeal in one of North Seattle’s most desirable neighborhoods. Proximity to operational Northgate light rail, I-5, and everyday conveniences further solidify long-term investment potential and absorption strength...
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Home facts
- Listing ID #:2508862
- Updated:May 04, 2026 at 12:21 AM
Structure and exterior
- Lot area:1.01 Acres
- Lot Features:Curbed Lot, Paved, Sidewalk
Utilities
- Water:In Street
- Sewer:In Street
Finances and disclosures
- Price:$2,750,000
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