Listing courtesy of Green Path Real Estate 206-909-1044
$694,000
A building permit has been issued, WITH OWNER FINANCING. allowing immediate commencement of construction. Additionally, owner financing is available. This property offers multiple development pathways, supported by recent regulatory changes and strong long-term upside: Option 1: Short Plat Development (3 Lots) A 3-lot short plat application has… Read More been submitted to King County. The buyer may proceed with constructing a residence on the proposed Lot 1 while the short plat approval process is underway. This approach allows for efficient use of time and capital, enabling phased development and future lot disposition or build-out upon approval. Option 2: Build Without Short Plat – Utilize Updated Zoning Density Alternatively, the buyer may elect to construct a single residence without pursuing the short plat. King County has recently updated its Comprehensive Plan and zoning regulations to comply with state-mandated housing requirements. Given that the subject property is located within one-half (½) mile of a frequent transit stop (S 112th Street), it may qualify for increased residential density allowances. This creates the potential for additional units per acre under current zoning provisions All development scenarios, density allowances, and regulatory interpretations are subject to verification by the buyer.This is a rare opportunity to secure a permit-ready project with flexible financing Read Less
Listing courtesy of Green Path Real Estate 206-909-1044
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
431
Days on Website
17
Last Updated
Property Type
Land
Lot Size
0.45 Acres
MLS Number
2501134
30 Days Snapshot Of 98168
$613k
-8%
(avg) sold price
34
+36%
homes sold
55
-32%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Property Access
Road Responsibility: "County"
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Structure Type: "Unspecified"
Fireplaces
Fireplaces Total: 0
Home Owner's Association
Association Fee: $0
Lot
0 acres, 19500 square feet
Sewer
Sewer: "Available"
Utilities
Utilities: "Electricity Available", Electricity Status: In Street, Gas Status: Not Available, Water Source: "Available"
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The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
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The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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