Listing Broker: Pellego, Inc.; Tyler Thomas; 425-238-3595; tyler.thomas.realestate@gmail.com
Permits issued for this shovel-ready Magnolia development opportunity with views toward Salmon Bay. Approved plans for two detached, three-story homes of approximately 2,300 SF each, with full-sized garages, private patios, and rooftop decks. The opportunity covers only the rear 70 feet of the lot; the existing single-family residence is not included. The development site is accessed from a finished alley with a shared parking court. Individual water meters, overhead power, and no street improvements. This offering is an assignment of the purchase and sale agreement for the rear portion. Closing will be structured as a condominium, with a Unit Lot Subdivision (ULS) to be submitted during construction. Plans, permits, and feasibility materials available upon request.
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