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Listed by:KW Greater Seattle • Max Hoge
$ 1,379,000
Est. payment | /mo
3.78 Acres Lot
$ 1,379,000
Est. payment | /mo
3.78 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Riverton
MLS Listing ID 2521480
Style 41 - Res-Over 1 Acre
Annual Tax Amount $13,592
Lot Size 3.779 Acres
Property Sub-Type Land
Property Description
Don't miss your opportunity at one of the last large areas of contiguous land in Burien! This offering consists of 3.77 acres over 6 adjoining tax parcels with a multitude of redevelopment options. These parcels are in Burien's flexible MU-1 zoning district which allows for mixed use commercial and residential development. There are three main avenues underway for redevelopment on these parcels - 1) utilize the current owner's in-principle approvals in preliminary application for 26 townhome/duplex-style residential units. 2) use general MU-1 zoning allowances and design a project to fit your needs. 3) Take advantage of the project's previous vesting in Burien's prior PR zoning and build 6 detached single family residential homes. The majority of the due diligence and pre-planning work has been completed by ownership, and most key elements for vesting approvals have already been completed or conceptually approved by the City of Burien. The project's stage provides verified feasibility while maintaining design flexibility to optimize the site plan for market demands. The property is strategically positioned at the gateway of the emerging 8th Ave S Corridor with direct access to SR-509, SR-518, and I-5, allowing for a seamless commute to Downtown Seattle and the Kent Valley logistics centers. It is 1.3 miles from the Burien Transit Center, 2.7 miles from the Tukwila Int'l Blvd Light Rail Station, and 1.4 miles from shops and restaurants in the Burien Business District.
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Fireplace false
Exterior
Community Features CCRs
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Territorial
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer On Property
Water Available, In Street
Schools
Elementary Schools Cedarhurst Elem
Middle Schools Glacier Middle School
High Schools Highline High
School District Highline
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Nearby Locations