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Rare Central District LR1 (M) redevelopment opportunity on a 4,680 SF lot near the 23rd Ave corridor. Located in the Central District Urban Center with Frequent and Major Transit Service Area status. Current LR1 zoning supports townhouses, rowhouses, small apartments, live-work, and other allowed residential uses; buyer to verify. Lake Washington water views visible from front yard with stronger upper-level view potential. Existing 1902 dwelling sold as-is; value in land/redevelopment. Proposed One Seattle Plan Lowrise standards show potential 42 ft height and 2.0 FAR for qualifying stacked-flat projects; buyer to verify. No mapped ECA steep slope, wetland, flood, liquefaction, or heritage tree per SDCI report. Do not disturb occupants. No interior access without seller approval after buyer qualification. Proof of funds required. Seller guidance: $1,395,000.
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