$550,000
Est. $3,046/moPrice reduced $300,000 from the original $850,000 asking price
2531 Gilman Drive W, Seattle, WA 98199
• Listed Mar 18, 2026•180 days active · 180 cumulative
Listing Broker: Windermere Real Estate Co.; Gunnar M. Hadley; 206-409-5846; ghadley@windermere.com
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Listing Broker: Windermere Real Estate Co.; Gunnar M. Hadley; 206-409-5846; ghadley@windermere.com
About this home
Prime redevelopment opportunity in Seattle’s sought-after Queen Anne / Interbay corridor. Property is being sold as-is, can reuse existing framing and partial foundation. City permits and architectural renderings are already in place for future development and included with the sale, offering a potential time savings for the next owner. Single Family Home (SFH) and Accessory Dwelling Unit (ADU) potential! Convenient locations for commuters with quick access to Downtown Seattle, South Lake Union, and major transit routes, the location offers easy connectivity while maintaining the residential appeal of Queen Anne. Close to parks, dining, and neighborhood amenities, this is a rare chance to build in one of Seattle’s most desirable neighborhoods with much of the groundwork already completed. Buyer to verify all development information to their satisfaction.
Listed by Gunnar M. Hadley • Windermere Real Estate Co.
Listing updated: September 17, 2026 at 11:42am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2493370
Around this home
How much should you offer?
2531 Gilman Drive W, Seattle, WA 98199
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Res-Less thn 1 Ac
Schools
Ratings via SchoolDiggerSchool information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.07 acres
- Lot square feet
- 2,910 sq ft
Zoning & use
- Zoning jurisdiction
- City
Utilities
- Utilities
- Electricity Available, Natural Gas Available
- Electricity
- Available
- Gas
- Available
- Water
- See Remarks
- Sewer
- Available
Road & access
- Road surface
- Paved
- Road information
- Paved
Surveys & reports
- Sketch submitted
- Yes
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $5,753
- Tax year
- 2025
- Financing
- Cash
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 2531 Gilman Drive W
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 13, 2026Price reducedNWMLS via MLS Grid · #2494370$550,000
- Sep 17, 2026Price reducedNWMLS via MLS Grid · #2493370$550,000
- Mar 18, 2026ListedNWMLS via MLS Grid · #2493370$850,000
- Mar 18, 2026ListedNWMLS via MLS Grid · #2494370$850,000
- Dec 26, 2024Recorded saleKing County recorder · Warranty deed$475,000
- Jun 12, 1990Recorded saleKing County recorder · Quit claim deed$15,050
Down payment assistance
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$3,663 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: Windermere Real Estate Co.; Gunnar M. Hadley; 206-409-5846; ghadley@windermere.com
Market pulse
Seattle is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 48 days.
Recent sales nearby
Within 1 mile · last 6 months$800,000 Sold
5 days ago
3 bd•2.25 ba•~1,871 sq ft•Single Family
2017 W Bertona, Seattle, WA 98199
5%
Under list
265
Days on market
0.7 mi
Distance
$799,000 Sold
6 days ago
2 bd•1.75 ba•~1,110 sq ft•Single Family
2526 30th Avenue W, Seattle, WA 98199
0%
Over list
33
Days on market
0.9 mi
Distance
$3,200,000 Sold
3 weeks ago
6 bd•3.75 ba•~6,480 sq ft•Single Family
2409 29th Avenue W, Seattle, WA 98199
0%
Over list
2
Days on market
0.9 mi
Distance
$675,000 Sold
3 weeks ago
3 bd•3.25 ba•~1,440 sq ft•Single Family
2024 W Bertona Street, Seattle, WA 98199
2%
Under list
61
Days on market
0.7 mi
Distance
$640,000 Sold
4 weeks ago
2 bd•2.25 ba•~980 sq ft•Single Family
2400 W Boston Street, Seattle, WA 98199
1%
Under list
98
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 20, 2026 at 12:25 PM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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