Share this with your friends
253-691-8561
Terrafin Real Estate
8315 Ravenna Avenue NE, Seattle, WA 98115
- $875,000
- 3
- BD
- 1
- BA
- 910
- SqFt
Listing Broker: COMPASS; Zachary Lazo; ;
- List Price
- $875,000
- Status
- PENDING FEASIBILITY
- MLS#
- 2529432
- Subtype
- Residential
- Style
- 11 - 1 1/2 Story
- Year Built
- 1942
- Bedrooms
- 3
- Bathrooms
- 1
- Living Area
- 910
- Lot Size
- 10,896
- Acres
- 0.25
- Subdivision
- Wedgwood
- Neighborhood
- Wedgwood
- MLS Area Major
- North Seattle
Property Description
Prime Ravenna development opportunity with much of the front-end diligence already completed. The preliminary architectural plans envision 7 modern style 1,600+ sqft townhomes, positioned in one of Seattle's most sought-after residential neighborhoods. A substantial amount of due diligence has already been completed, including survey, geotech report, arborist report, wetlands study, and civil engineering proposal. The groundwork has been laid, allowing the next owner to focus on advancing permits and bringing the project to completion. Ravenna has strong buyer demand with its proximity to the University District, Green Lake, light rail, parks, restaurants, and more making this an ideal site for new construction. Opportunities with this level of preparation and upside are rare. Acquire a site with momentum already in place and capitalize on the value created through entitlement and build out.
/u.realgeeks.media/yournextchapteridaho/5b7f02172b8e-_H4A7668_Edit__New_Head_Shot_2024_John.jpg)
Additional Information
- Interior Features
- Dbl Pane/Storm Window
- Exterior Features
- Wood
- Property Description
- 11 - 1 1/2 Story
- Flooring
- Hardwood, Vinyl Plank
- Heating
- Ductless
- Air Conditioning
- Ductless
- Levels
- One and One Half
- Roof
- Composition
- Parking Features
- Attached Garage
- School District
- Seattle
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.