Active
Listed by Lihai Wang-Schmid • Lake & Company.
FOR SALE
$1,050,000
Est. $5,298/mo2 bd•1 ba•1,010 sq ft
1500 31st Avenue, Seattle, WA 98122
• Listed 2026-06-05•New today
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About this home
Exceptional opportunity for builders, developers, investors, or anyone looking to build in Seattle's sought-after Madrona neighborhood. Skip the time, expense, and uncertainty of Seattle's permitting process—Seller has already secured building permits (#7050347-CN & #7088573-CN), along with a completed survey, arborist report, and fully engineered plans (no steel beam/column, R-21 exterior wall, simple standard size window package). Approved plans feature an approximately 3,300 SF, 3-story residence with 5 bedrooms, 5.5 bathrooms, and covered view decks at levels 2&3, plus a detached 800 SF ADU with 1 bedroom, 1.5 bathrooms, a full kitchen, and a living area. Partial views of Downtown Seattle and Portage Bay. Conveniently located near parks, cafes, shopping, and local amenities. Approved plans and supporting reports transfer at closing and are included in the list price. Interior access available upon mutual acceptance. Interior access available upon mutual acceptance. Detailed plans available upon request.
Property type
Single Family
Year built
1907
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Around this home
RexMont Market Signal©
$556,000
-$494,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $580K and $760K.
Rental earnings
$1,675/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Viewing 1 of 5
$669,800Last sold price
2 beds0.5 baths1,250 sq ft
1108 33rd Avenue #a, Seattle, WA 98122
$536/sq ft0.2 mi awaysmaller lot115 years newer
$675,000Last sold price
3 beds0 baths1,228 sq ft
1470 B 21st Avenue, Seattle, WA 98122
$550/sq ft0.6 mi awaysmaller lot118 years newer
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.
RexMont OfferEdge™
How much should you offer?
1500 31st Avenue, Seattle, WA 98122
List price
$1,050,000
Down payment
$210,000
Consult a RexMont agent — Contact me now
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
Bedrooms
- 2 bedrooms total
Bathrooms
- 1 full bathroom
Heating & cooling
- Wall Furnace heating
- Wall Unit(s) cooling
Neighborhood mobility
Walk, bike & transit scores
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.
Mortgage payment forecast
$6,281 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 6, 2026 at 12:42pm (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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