702 S Director Street, Seattle, WA 98108

• 3 beds |
• 1 bath |
• 1,490 sqft

Property Description

Rare opportunity to acquire a fully assembled three-parcel development in Seattle's thriving South Park neighborhood! This unique offering includes a beautifully updated, move-in-ready home plus two adjacent buildable lots, creating exceptional flexibility for builders, investors, or owner occupants. Live in or rent the existing home while developing the adjacent parcels, or take advantage of the shovel-ready project by utilizing the permit-approved plans included for two new 2,000+ SF homes on the vacant lots. Each parcel has its own assigned address, and all three are legally separate lots. Whether you're looking to generate rental income during construction, build and sell, or create a long-term investment portfolio, this property offers tremendous upside in one of Seattle's rapidly growing neighborhoods with strong demand for new construction. The house & vacant lots are also available individually (MLS# 2520051, MLS #2476505 and MLS #2476503), but the seller's preference is to sell all three parcels together, providing a rare turnkey development opportunity with much of the upfront planning already complete.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 9:22PM

Listing Office:

COMPASS : 425-637-7777

Listing Agent:

Laura Lynn : 425-637-7777

MLS ID:

2520051

Interior

• General: Ceiling Fan(s)
• Appliances: DishwasherMicrowaveRefrigeratorStove(s)/Range(s)
• Flooring: Laminate
• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Metal/Vinyl
• Parking: Off StreetRV ParkingParking spaces: 0

Construction

• Roofing: Composition
• General: OnePoured Concrete

Location

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

Lot

• Topography: Level
• Zoning: 7883602360
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls