807 49th Street, Seattle, WA 98103

Seattle
Local realty services provided by:Knipe Realty ERA Powered
Listed by: gabe blake
Office: blake investment advisors
MLS#:2507351
Source:NWMLS
807 49th Street,Seattle, WA 98103
$1,075,000
  • 0.09 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,075,000

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

  • Subdivision & Development:Wallingford
  • Listing ID #:2507351
  • Updated:August 14, 2026 at 11:20 AM

Structure and exterior

  • Lot area:0.09 Acres
  • Lot Features:Sidewalk

Utilities

  • Water:Available
  • Sewer:Available

Finances and disclosures

  • Price:$1,075,000
  • Tax amount:$10,952 (2026)
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