University District Land for Sale

**Discover the University District: Your Ideal Seattle Subdivision**

Nestled in the vibrant heart of Seattle, the University District is a dynamic and eclectic neighborhood that seamlessly blends urban living with a touch of nature. Known for its proximity to the University of Washington, this area is a hub for students, professionals, and families alike. The University District boasts a unique character, offering an array of cultural experiences, parks, and amenities that make it a sought-after destination for homebuyers.

Imagine waking up to the sights and sounds of this lively community, where local cafes, bookstores, and boutique shops line the streets. The University District is also home to the lush greenery of Ravenna Park and the scenic Burke-Gilman Trail, perfect for outdoor enthusiasts looking to explore the beauty of the Pacific Northwest. With a thriving arts scene and an abundance of dining options, from trendy eateries to classic establishments, there’s always something new to discover.

For those considering a move to this vibrant area, we are excited to present a selection of land for sale in the University District. This is a rare opportunity to invest in a piece of Seattle's future, whether you envision building your dream home or developing a multifamily dwelling. The available parcels are situated within walking distance to public transportation, ensuring easy access to downtown Seattle and beyond.

Don’t miss your chance to be part of this dynamic community. Explore the possibilities that await in the University District—where urban convenience meets the charm of neighborhood living. Contact us today to learn more about available land and start your journey in this exciting Seattle enclave!

Newest University District Land for Sale

$3,785,000

2558839 MLS

Premier 10,000sqft University of Washington development site on Greek Row (PARKING LOT ONLY). Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached includes survey, geotech, arborist report, etc. Phase I available upon request (file size is too large to upload). Current monthly income from Diamond Parking Lease.

4626 21st Avenue NE, Seattle

$8,350,000

2556646 MLS

Premier 20,000sqft University of Washington development site on Greek Row. Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached and full Due Diligence package available upon request. Entitlements for a +/-150 unit student housing building are in the final stages of reviews with Seattle Department of Construction and Inspections (SDCI). Current monthly income from Diamond Parking Lease. Building is occupied by a non-profit and receives a substantial property tax exemption (20 day notice to vacate).

4626 21st Avenue NE, Seattle

$4,950,000

2549382 MLS

Prime development land in Seattle's University District — one block from UW's central campus, steps from U District Link light rail, and flanked by the retail corridor along University Way and 15th Ave NE. Three contiguous parcels totaling 12,960 SF, zoned NC2-75(M) and NC2-65(M1), supporting multifamily, student housing, and ground-floor commercial with mixed-use FAR up to 6.0. Sites of this size and zoning quality adjacent to UW rarely come to market. Priced at $4,950,000 — well below King County assessed value — offering immediate equity and full development flexibility. An exceptional opportunity for developers and investors seeking premium entitled land with the greatest investment value in Seattle's most supply-constrained university submarket.

4722 - 4730 15th Avenue NE, Seattle

$2,490,000

2531005 MLS ⋅ Turner H S & Cos University BLDG.

Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in rental housing, retail or mixed use, this site holds immense potential! Offers welcomed!

5520 University Way NE, Seattle

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Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. All listings provided by IMLS are marked with the official IMLS IDX icon.