12461 NE Woodinville DR, Woodinville, WA 98072
12461 NE Woodinville DR, Woodinville, WA 98072
12461 NE Woodinville DR, Woodinville, WA 98072
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Jason Randall

Jason Randall

+1(425) 466-3033
Listed by:Realty One Group Enterprise • Faramarz Ghoddoussi
$10,500,000
Est. payment /mo
3,553 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,553 sqft

Price per Sqft $2,955

Subdivision Downtown Woodinville

MLS Listing ID 2519748

Style 56 - 10+ Units

Year Built 1949

Annual Tax Amount $37,000

Lot Size 1.140 Acres

Property Sub-Type Multi Family

Property Description

This 1.13-acre development site in the heart of City of Woodinville is fully entitled and approved for 161 units, allowing you to skip years of permitting - with the heavy lifting already done. The development site spans across five contiguous lots consisting of a strong multifamily submarket demand drivers with high desirable community in the city. Woodinville is consistently ranked as Washington's best place to live, offering a wealthy resident base and easy access to major employers like Microsoft, SpaceX, and the Bothell University of Washington and biotech hub. With a massive shortage of housing in the area and quick access to I-405, this project is perfectly positioned to meet the high demand for luxury living. This is a rare, high-reward opportunity to enter a top-tier market with all the heavy lifting already finished.

Location

State WA

County King

Area 600 - Juanita/Woodinville

Interior

Fireplace false

Exterior

Exterior Feature See Remarks

Garage Spaces 3.0

View Y/N Yes

View Territorial

Roof Type See Remarks

Building

Lot Description Corner Lot, Paved, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Northshore

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

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Northwest MLS (NWMLS)
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Jason Randall
Jason Randall

Broker | License ID: 1234567

+1(425) 466-3033 | jasonr@johnlscott.com

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