Pending

Listed by:

Kathryn H. Hinds,

Windermere Real Estate Co.,

Taylor Hinds,

Windermere Real Estate Co.

$1,995,000

2540 39th Avenue E #5, Seattle, WA 98112

--beds

--baths

0.48Acres

Est.:

Unimproved Land

Built in ----

0.48 Acres Lot

$-- Zestimate^®

$--/sqft

$1,134/mo HOA

What's special

Old growth treesAdjoins a man-made pondLevel lot

Building permit issued by City of Seattle! RARE opportunity to build your dream home on this 20,699 SF level lot in the gated waterfront community of Madison Estates in the heart of Madison Park. Ideally situated facing the shores of Lake Washington. Lot adjoins a man-made pond and old growth trees. Just a few blocks to popular Madison Park Village and all of its amenities. This is the only gated waterfront community in the coveted Madison Park neighborhood and includes ownership of a boat slip on the community dock. Permitted plans included for stunning home, or may be reasonably modified to fit your unique vision (in compliance with HOA). Up to 70% financing available at 5% interest.

336 days

28

0

Facts & features

Interior

Features

Has fireplace: No

Interior area

Total structure area: 0

Property

Features

Has view: Yes
View description: Lake, Mountain(s), Partial, Territorial
Has water view: Yes
Water view: Lake
Waterfront features: Lake, No Bank

Lot

Size: 0.48 Acres
Dimensions: 20,699
Features: Cul-De-Sac, Dead End Street, Paved
Topography: Level

Details

Parcel number: 4114600339
Zoning: NR3
Zoning description: Residential,Jurisdiction: City
Special conditions: Standard

Utilities & green energy

Electric: In Street
Gas: In Street
Sewer: In Street
Water: Available, In Street, Jurisdiction: City of Seattle
Utilities for property: Electricity Available, Natural Gas Available, See Remarks

Community & HOA

Community

Features: Boat Launch, CCRs, Gated
Subdivision: Madison Park

HOA

Services included: Common Area Maintenance, Road Maintenance, See Remarks
HOA fee: $1,134 monthly

Location

Region: Seattle

Financial & listing details

Annual tax amount: $14,849
Date on market: 1/16/2025
Cumulative days on market: 338 days
Listing terms: Cash Out,Conventional,Owner Will Carry
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,759/mo

Price history

Date	Event	Price
11/5/2025	Pending sale	$1,995,000
Source: NWMLS #2322597 Report a problem
3/17/2025	Price change	$1,995,000-12.7%
Source: NWMLS #2322597 Report a problem
1/17/2025	Listed for sale	$2,285,000+47.4%
Source: NWMLS #2322597 Report a problem
4/2/2021	Listing removed	--
Source: Windermere Real Estate Report a problem
1/28/2021	Pending sale	$1,550,000
Source: Windermere Real Estate Co. #1630731 Report a problem