1821 E Howell Street, Seattle, WA 98122

• 3 beds |
• 2 baths |
• 1,890 sqft

Property Description

Madison Valley redevelopment opportunity offering multiple paths for value creation in a prime location surrounded by continued growth, investment, and strong neighborhood demand.For buyers not pursuing immediate ground-up development, the existing structure presents compelling potential. A thoughtful renovation and reconfiguration may create two separate residential units, offering an owner/user setup, income opportunity, or long-term hold while preserving future redevelopment options.For larger-scale redevelopment, the property is zoned NC2-75 (M1), allowing exciting mixed-use possibilities with heights up to 75 feet. Ideal for developers, assemblage buyers, investors, or those seeking long-term upside.Situated on an approx. 4,030 SF lot, the site may support a variety of concepts, including residential above ground-floor commercial or amenity space, subject to buyer verification, design review, and permitting. Preliminary planning suggests approximately 20,000–28,000 SF of gross buildable area and roughly 25–40 residential units, depending on design, unit mix, parking strategy, and commercial use.An exceptional opportunity in one of Seattle’s most sought-after neighborhoods with convenient access to retail, dining, transit, employment centers, and continued area growth. Buyer to verify zoning, unit count, rental potential, and redevelopment feasibility to their satisfaction.

Listing Status:

Active

Data Last Updated:

June 13, 2026 at 7:21AM

Listing Office:

Windermere Mercer Island : 206-232-0446

Listing Agent:

Julie Wilson : 206-232-0446

MLS ID:

2539377

Interior

• General: Dining RoomFireplace
• Basement: Unfinished
• Flooring: HardwoodVinyl
• A/C: None
• Heating: Forced Air
• Fireplace: Wood BurningFireplaceFireplaces: 1

Exterior

• General: Wood
• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• General: Two

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Seattle
• County: King

Lot

• Zoning: 7234601226
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls