For Sale
No HOANo HOA
Land for sale at 5520 University Way NE, Seattle, WA 98105 | MLS# NWM2531005 | Listing updated on 2026-09-21
Photo 1 of Land for sale at 5520 University Way NE, Seattle, WA 98105 | MLS# NWM2531005 | Listing updated on 2026-09-21
Photo 2 of Land for sale at 5520 University Way NE, Seattle, WA 98105 | MLS# NWM2531005 | Listing updated on 2026-09-21
Photo 3 of Land for sale at 5520 University Way NE, Seattle, WA 98105 | MLS# NWM2531005 | Listing updated on 2026-09-21
Photo 4 of Land for sale at 5520 University Way NE, Seattle, WA 98105 | MLS# NWM2531005 | Listing updated on 2026-09-21
13+
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Listed by: Mary Pong (425) 829-3417 | COMPASS (425) 242-6440

$2,490,000

Monthly Est:$12,394

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon7,440sqft lot

5520 University Way NE, Seattle, WA 98105

$12,394/moEst:

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  • Land

  • Built in -

  • $-- HOA

  • 7,440 sqft lot

  • $335/sq.ft

Description

Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in rental housing, retail or mixed use, this site holds immense potential! Offers welcomed!

  • Houzeo last checked: 31 minutes ago
  • Listing updated: September 21, 2026 at 4:30 pm
  • Source: Northwest Multiple Listing Service | MLS#: NWM2531005 Northwest Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    King County

  • City

    Seattle

  • Neighborhood

    University District

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    7,440 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Multiple Listing Service

  • MLS Number

    NWM2531005

  • MLS Status

    Active

  • Days on Market

    134

  • Cumulative Days on Market

    568

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    In Street

Utilities & Energy

  • Utilities

    Electricity Available, Natural Gas Available

  • Water Source

    Available, In Street

Other Features

  • Lot Features

    Curbs, Open Space, Paved, Sidewalk

  • Subdivision Name

    University District

Price History

DateEventPrice

06/01/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2531005

Listed for Sale

$2,490,000

$0/sqft

Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 13, 2026, 05:47PM. 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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