$425,000
Est. $2,133/mo3 bd•1 ba•1,490 sq ft
702 S Director Street, Seattle, WA 98108
• Listed 2026-05-07•1 day on market
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Based on information submitted to the MLS GRID as of July 2, 2026 at 11:27am (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.
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Rare opportunity to acquire a fully assembled three-parcel development in Seattle's thriving South Park neighborhood! This unique offering includes a beautifully updated, move-in-ready home plus two adjacent buildable lots, creating exceptional flexibility for builders, investors, or owner occupants. Live in or rent the existing home while developing the adjacent parcels, or take advantage of the shovel-ready project by utilizing the permit-approved plans included for two new 2,000+ SF homes on the vacant lots. Each parcel has its own assigned address, and all three are legally separate lots. Whether you're looking to generate rental income during construction, build and sell, or create a long-term investment portfolio, this property offers tremendous upside in one of Seattle's rapidly growing neighborhoods with strong demand for new construction. The house & vacant lots are also available individually (MLS# 2520051, MLS #2476505 and MLS #2476503), but the seller's preference is to sell all three parcels together, providing a rare turnkey development opportunity with much of the upfront planning already complete.
Listed by Laura Lynn • COMPASS
Listing updated: July 2, 2026 at 11:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2520051
Open houses
No upcoming open houses scheduled for this property.
$566,000
+$141,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $410K and $550K.
Rental earnings
$1,700/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$478,000Last sold price
724 S Director Street, Seattle, WA 98108

$550,000Last sold price
721 S Henderson Street, Seattle, WA 98108
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
702 S Director Street, Seattle, WA 98108
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.
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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 15 days.
$399,950 Sold
6 weeks ago
2 bd•1.5 ba•~750 sq ft•Single Family
830 S Sullivan Street #b, Seattle, WA 98108
0%
Over list
—
Days on market
0.4 mi
Distance
$415,000 Sold
7 weeks ago
2 bd•1 ba•~790 sq ft•Single Family
540 S Concord Street, Seattle, WA 98108
0%
Over list
—
Days on market
0.1 mi
Distance
$545,000 Sold
8 weeks ago
3 bd•1.5 ba•~1,380 sq ft•Single Family
541 S Cloverdale St #b, Seattle, WA 98108
2%
Over list
—
Days on market
0.3 mi
Distance
$505,000 Sold
8 weeks ago
3 bd•1 ba•~1,273 sq ft•Single Family
1055 S Cloverdale Street, Seattle, WA 98108
2%
Under list
—
Days on market
0.4 mi
Distance
$330,000 Sold
2 months ago
1 bd•1 ba•~509 sq ft•Single Family
828 S Sullivan Street #b, Seattle, WA 98108
6%
Under list
—
Days on market
0.4 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 Jul 2026
Seattle School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.