7822 NE Lake City Way Ne, Seattle, WA 98115

Seattle
Local realty services provided by:Imagine Realty ERA Powered
Listed by: diane li
Office: kelly right re of seattle llc.
MLS#:2508699
Source:NWMLS
7822 NE Lake City Way Ne,Seattle, WA 98115
$850,000
  • 3 Beds
  • 2 Baths
  • 1,960 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$850,000
  • Price per sq. ft.:$433.67

About this home

ATTN Developers, Builders, & Investors! An exceptional, high-density development opp a/w in Lake City urban corridor. Offer for the first time, 7818 & 7822 Lake City Way combined, near-level ~9,000 SF footprint primed for a mid-rise, mixed-use project. Featuring robust C1-55 zoning w/ an allowable 3.75 FAR, provides a clear, predictable pathway to construct. a 6-story bldg. Prelim Feasibility highlights an ideal yield of up to 42 RES units (suited for studios/1-bdrm) ground-floor commercial use. Take advantage of Seattle’s 4-foot gnd-fl height bonus to max. ceiling & views, utilizing UG parking entry. Strong local rental demand, prime eligibility for Seattle's 12 year Multi-family Tax Exemption (MFTE) program to max. your post-stabilization yields. while you clear your master use permits (MUP). Buyer to verify all feasibility and zoning constraints to their satisfaction. Total Lot Size: Approx. 9,000 SF (Combined dual-parcel assemblage) Zoning: C1-55 (Commercial 1, 55’ base height...

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Home facts

  • Year built:1925
  • Subdivision & Development:Ravenna
  • Listing ID #:2508699
  • Updated:August 03, 2026 at 11:15 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Flooring:Hardwood
  • Kitchen Description:Dishwasher, Disposal, Refrigerator
  • Bedroom Description:Lower Level Bedrooms : 1, Main Level Bedrooms : 2
  • Basement:Yes
  • Basement Description:Finished
  • Living area:1,960 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1925
  • Building area:1,960 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Alley, Paved, Sidewalk
  • Architectural Style:Craftsman
  • Construction Materials:Cement/Concrete Exterior Finish
  • Exterior Features:Fenced-Fully
  • Foundation Description:Finished
  • Levels:Multi/Split

Schools

  • High school:Roosevelt High
  • Middle school:Eckstein Mid
  • Elementary school:Green Lake

Utilities

  • Water:Community
  • Sewer:Available

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$433.67
  • Tax amount:$11,037 (2026)

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:French Doors, Gated Entry, Water Heater

Parking

  • Total parking spaces:180
  • Parking description:Detached Garage
  • Garage:Yes
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