807 N 49th Street, Seattle, WA 98103

Seattle
Local realty services provided by:Knipe Realty ERA Powered
Listed by: gabe blake, josh blake
Office: blake investment advisors
MLS#:2503470
Source:NWMLS
807 N 49th Street,Seattle, WA 98103
$925,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$925,000

About this home

TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit...

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Home facts

  • Year built:1911
  • Subdivision & Development:Woodland Park
  • Listing ID #:2503470
  • Updated:September 29, 2026 at 11:45 AM

Rooms and interior

  • Flooring:Vinyl Plank

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1911
  • Lot area:0.09 Acres
  • Construction Materials:Wood Products Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$925,000
  • Tax amount:$10,952 (2026)
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