3101 S Walden Street, Seattle, WA 98144

Land
Built in ——
7,200sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Prime development opportunity in Seattle’s rapidly growing Mount Baker neighborhood. Positioned on a desirable corner lot, this LR2-zoned property offers exceptional flexibility for builders and investors—ideal for townhomes, small multifamily (2–4 units), or a larger-scale apartment or condo project (buyer to verify). The existing home is livable, with a long-term tenant recently vacated, but the true value lies in the land and its development potential. All utilities are available on-site, helping streamline the entitlement and building process. The flat, usable lot configuration further enhances efficiency for site planning and construction. Located just minutes from the Mount Baker light rail station, this property offers strong transit-oriented appeal, making it highly attractive for future residents and renters alike. Convenient access to I-90 provides quick connectivity to I-5, I-405, downtown Seattle, Bellevue, and beyond. This central location continues to see strong growth, driven by infrastructure, accessibility, and increasing housing demand. The seller has not pursued full development, creating an opportunity for the next owner to step in and unlock the site’s full potential. Seller is open to working with buyers exploring a mid-sized project. Opportunities like this—combining zoning flexibility, location, and upside—are increasingly rare in this high-demand corridor. Bring your vision and capitalize on the growth of Mount Baker.

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 7:19AM
Listing Office:: John L. Scott, Inc : 425-227-9200
Listing Agent:: Paul F. Mackay Jr : 425-227-9200
MLS ID:: 2511772

A/C: None
Heating: None
Fireplace: Fireplaces: 0

Improvements: Fenced-FullyShop

General: 42 - Multi-Family

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

Topography: Level
Zoning: 1282301180
View: TerritorialView
Restrictions: Unknown

Utilities: Electricity AvailableNatural Gas Available
Water: AvailableIn Street
Sewer: AvailableIn Street

Source: nwmls

This listing courtesy of Paul F. Mackay Jr , John L. Scott, Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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