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Listed by: Trevor Asay (206) 653-4555 , Sarah Asay (206) 310-0683 | Asay Realty (206) 653-4555
$1,400,000
Monthly Est:$6,968
-- Bed
-- Bath
3,600sqft lot
601 21st Avenue, Seattle, WA 98122
$1,400,000
$6,968/moEst:
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
3,600 sqft lot
$389/sq.ft
Description
Prime corner lot development opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. This 3,600 SF corner parcel is zoned LR2(M), unlocking increased height and density potential beyond standard LR2. The Mandatory Housing Affordability designation allows for up to 40-foot building height and 1.6 FAR — meaning up to approximately 5,760 buildable square feet — in exchange for an affordable housing contribution or on-site inclusion requirement. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional utility for parking, services, and building ingress. New multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation. Located within walking distance of Swedish Hospital Cherry Hill, Seattle University (0.6 miles), and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for future tenants. Buyer to verify all zoning, permitting, and development feasibility with the City of Seattle SDCI
- Houzeo last checked: 12 hours ago
- Listing updated: September 21, 2026 at 4:30 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2530638
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
3,600 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2530638
MLS Status
Active
Days on Market
126
Cumulative Days on Market
126
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Available
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Available
Water Source
Available
Other Features
Subdivision Name
Capitol Hill
Price History
| Date | Event | Price |
|---|---|---|
05/28/2026 Source: | Price Decreased | $1,400,000 -17.65% $0/sqft |
05/28/2026 Source: | Listed for Sale | $1,700,000 $0/sqft |
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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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