Listing provided courtesy of Kelly Right RE of Seattle LLCNWMLSMLS# NWM2499991MLS Provider
  • 3 views

Investor / Developer Opportunity! Value is in the land. This 1,817 sq ft single-family home featuring 3 bedrooms and 2.5 baths sits on a prime 1 acre parcel that is fully approved for a 6-lot subdivision—offering a rare, shovel-ready development opportunity. All permits, engineering, and plans are in place, allowing for a seamless transition to construction and significantly reducing timeline, risk, and holding costs. The existing home provides potential interim rental income. Ideally located in a desirable and rapidly growing area, the property is surrounded by established neighborhoods with convenient access to schools, shopping, dining, and major commuter routes. Opportunities like this—where approvals are already secured—are increasingly hard to find. Bring your vision and capitalize on this ready-to-build development site!

Source: NWMLS, MLS#: NWM2499991

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  • Property Type
    Residential
  • Lot
    1.02 acres

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  • Median Age
    35
  • Population Density
    4,568
  • College Educated
    61%
  • Estimated Median Income
    $118,544
  • Estimated Total Home Owners
    16,738
  • Estimated Total Renters
    8,017
  • Owner / Renter Divide
    68% / 32%
  • Estimated Average Household Size
    3
  • Total Population
    70,009
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2531 187th PL SE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: NWMLS Status Change
Pending Feasibility
6/2/2026Source: NWMLS Status Change
Pending
4/9/2026Source: NWMLS Status Change
Contingent
4/2/2026Source: NWMLS Added to Database
April 02, 2026