Bought with Kidder Mathews
$5,200,000
$6,800,000
23.5%For more information regarding the value of a property, please contact us for a free consultation.
1.27 Acres Lot
SOLD DATE : 06/30/2022
Key Details
Sold Price $5,200,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Kenmore
MLS Listing ID 1870958
Sold Date 06/30/22
Style 42 - Multi-Family
Lot Size 1.267 Acres
Property Sub-Type Land
Property Description
Close on permits within 3 to 6 months;4 structures comprised of 38 three and four-story town homes, 76 two-car garage and off-street parking spaces,8 guest parking stalls, and a kids play area. Across the street from the Burke Gilman Trail, connecting to the UW, Seattle, Woodinville, and downtown Redmond, 4 Miles to UW Bothell, A 10 min drive to Bastyr University, average unit size 1708 square feet and three-bedroom homes averaging roughly1,805 square feet. The gross building square footage across all four structures is totaled at 82,002 square feet. The property is a±55,212 SF, UC-zoned lot. Architectural plans have been drafted. Average home prices have skyrocketed to $969,712 – a 59.6%increase in five years.
Location
State WA
County King
Area 610 - Southeast Snohomish
Interior
Fireplace false
Exterior
Utilities Available Natural Gas Available, Electricity Available
View Y/N Yes
View Lake, Mountain(s), Territorial
Building
Lot Description Paved, Sidewalk
Sewer In Street
Water Available, In Street
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Lake Washington
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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1400 112th Ave SE, Suite 100, Bellevue, WA, 98004, United States