14555 8th AVE NE, Shoreline, WA 98155
14555 8th AVE NE, Shoreline, WA 98155
14555 8th AVE NE, Shoreline, WA 98155
37
See all 37 photos
Listed by:Windermere Real Estate/CIR • Kevin Flynn
$999,000
Est. payment /mo
Save
3 Beds
1.75 Baths
1,360 SqFt
Open Sat 12PM-2PM

14555 8th AVE NE Shoreline, WA 98155

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Bob Papke

Bob Papke

+1(206) 890-5124

Open House

Sat May 16, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,360 sqft

Price per Sqft $734

Subdivision Ridgecrest

MLS Listing ID 2519457

Style 16 - 1 Story w/Bsmnt.

Bedrooms 3

Full Baths 1

Year Built 1942

Annual Tax Amount $1,688

Lot Size 10,141 Sqft

Lot Dimensions 60x 168

Property Sub-Type Single Family Residence

Property Description

Prime investment opportunity in Shoreline with highly sought-after MUR70 (7 stories) zoning with city incentives for an affordable housing development. Located in the heart of Shoreline and a few blocks from the new light-rail station, I-5, Hamlin Park, Jackson Park golf course and Shoreline High School makes this a centralized and optimal location. The large lot size offers strong future investment potential, while the existing move-in ready home provides flexibility for investors to rent out or a primary home for owners who can secure land value for future developers to pursue. Current home is situated on a well-maintained landscaped lot and offers 3 bedrooms, 2 bathrooms and approx 1,360 square feet. Rare versatile four car detached garage in the back offers options for storage, shop or home office. Large lot size offers future potential to sell to developers for significant value and a great return on investment. Recent developer assemblage quotes of $135-140 per land square foot, this lot is 10,141 sq ft giving a potential 30-40% future return. A unique and intriguing investment opportunity that doesn't come around often. Multiple neighboring homes have an option to be grouped in a developer assemblage for future purchase. Buyer to verify all to their satisfaction. All showings to be scheduled by a licensed real estate agent, please don't disturb the owner.

Location

State WA

County King

Area 720 - Lake Forest Park

Rooms

Basement Finished

Main Level Bedrooms 1

Interior

Interior Features Bath Off Primary, Dining Room, Jetted Tub, Water Heater

Flooring Ceramic Tile, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

Amenities Available Deck, Outbuildings, RV Parking, Shop

View Y/N No

Roof Type Composition

Garage Yes

Building

Lot Description Paved, Value In Land

Story One

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Shoreline

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Bob Papke

Bob Papke

Broker | License ID: 98412

+1(206) 890-5124

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from RE/MAX Alliance, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

14555 8th AVE NE

QUICK SEARCH