For Sale
No HOANo HOA
Land for sale at 10400 Lake City Way NE, Seattle, WA 98125 | MLS# NWM2584272 | Listing updated on 2026-09-17
Photo 1 of Land for sale at 10400 Lake City Way NE, Seattle, WA 98125 | MLS# NWM2584272 | Listing updated on 2026-09-17
Photo 2 of Land for sale at 10400 Lake City Way NE, Seattle, WA 98125 | MLS# NWM2584272 | Listing updated on 2026-09-17
Photo 3 of Land for sale at 10400 Lake City Way NE, Seattle, WA 98125 | MLS# NWM2584272 | Listing updated on 2026-09-17
Photo 4 of Land for sale at 10400 Lake City Way NE, Seattle, WA 98125 | MLS# NWM2584272 | Listing updated on 2026-09-17
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Listed by: David W Petersen (206) 300-8909 , Chad Michael Martini (206) 321-3226 | Westlake Associates, Inc. (206) 505-9400

$1,200,000

Monthly Est:$5,973

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon1.01acres lot

10400 Lake City Way NE, Seattle, WA 98125

$5,973/moEst:

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  • Residential Lot

  • Built in -

  • $-- HOA

  • 1.01 acres lot

  • $1,188,119/acre

Description

The property is currently subject to a court-appointed receivership. Any sale of the Property is subject to the terms and conditions of the receivership, including any required court approval. This exceptional Meadowbrook Development Site comprises three parcels on the east side of Lake City Way NE, totaling approximately 43,957 square feet, zoned NC3-55 (M). NC3-55 (M) zoning delivers outstanding development flexibility with a 55-foot height limit (enabling efficient 5-story mixed-use structures) and 3.75 base FAR (~164,839 sq ft allowable) (Buyer to Verify), positioning the site for significant value creation through townhomes, rowhouses, apartments, ground-floor retail/commercial, or storage facility, construction yard, and many other uses. This highly visible, high-traffic corner location commands strong exposure along a major arterial, while also immediately adjacent to Meadowbrook Playfield and Community Center—prime recreational amenities that drive residential demand . Preliminary analysis supports ~40 townhomes with covered parking or 200+ multifamily units in a mixed-use format. Sweeping eastern views over the playfield, Lake Washington, and the Cascade Mountains provide a rare competitive edge, enhancing marketability and resident appeal in one of North Seattle’s most desirable neighborhoods. Proximity to operational Northgate light rail, I-5, and everyday conveniences further solidify long-term investment potential and absorption strength.

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 17, 2026 at 9:47 pm
  • Source: Northwest Multiple Listing Service | MLS#: NWM2584272 Northwest Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    King County

  • City

    Seattle

  • Neighborhood

    Meadowbrook

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    1.01 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Multiple Listing Service

  • MLS Number

    NWM2584272

  • MLS Status

    Active

  • Days on Market

    14

  • Cumulative Days on Market

    173

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    In Street

Utilities & Energy

  • Water Source

    In Street

  • Utilities

    Electricity Available, Natural Gas Available

Other Features

  • Lot Features

    Curbs

  • Subdivision Name

    Meadowbrook

Price History

DateEventPrice

09/17/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2584272

Listed for Sale

$1,200,000

$0/sqft

Nearby Homes

Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.

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