215 31st Avenue E, Seattle, WA 98112

Seattle
Local realty services provided by:Knipe Realty ERA Powered
Listed by: anastasia miles
Office: windermere real estate/east
MLS#:2550121
Source:NWMLS
215 31st Avenue E,Seattle, WA 98112
$995,000
  • 1 Beds
  • 1 Baths
  • 1,440 sq. ft.
  • Single family
  • Pending Feasibility

Price summary

  • Price:$995,000
  • Price per sq. ft.:$690.97

About this home

**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...

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Home facts

  • Year built:1950
  • Subdivision & Development:Madison Valley
  • Listing ID #:2550121
  • Updated:August 02, 2026 at 10:43 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Carpet, Slate Floor
  • Kitchen Description:Dishwasher, Disposal, Refrigerator
  • Bedroom Description:Main Level Bedrooms : 1
  • Basement:Yes
  • Basement Description:Daylight, Finished
  • Living area:1,440 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1950
  • Building area:1,440 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Paved, Sidewalk, Value In Land
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Fenced-Partially
  • Foundation Description:Daylight, Finished
  • Levels:1 Story

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$690.97
  • Tax amount:$6,182 (2025)

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Walk-In Closet(s)

Parking

  • Parking description:Driveway
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 2, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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