$849,950
Est. $4,307/mo2 bd•1 ba•940 sq ft
5603 Sw Lander Street, Seattle, WA 98116
• Listed 2026-06-12•New today
Talk to a local RexMont expert
Avg response under 5 mins
Rare opportunity to own a prime corner lot in one of West Seattle's most sought-after neighborhoods. Located just two blocks from Alki Beach, this 5,070 SF NR3-zoned property offers a unique opportunity for builders, investors, developers, or buyers looking to renovate and create their dream beach-area home. The existing 940 SF home features 2 bedrooms and 1 bathroom and is largely original throughout, making it an ideal candidate for a major renovation or redevelopment project. Tax records indicate the home was built in 1949 and sits on a level 63' x 80' corner lot. The location is hard to beat. Enjoy easy access to Alki Beach, waterfront restaurants, coffee shops, Alki Elementary School, Alki Playground, and all the amenities that make this one of Seattle's most desirable neighborhoods. Whether you're looking for a project home, long-term investment, or future development site, opportunities like this rarely come available. The NR3 zoning and corner lot configuration may provide attractive redevelopment potential, subject to buyer verification and City of Seattle approval. Property is being sold as-is. Buyers should be aware that a large tree toward the rear of the property may impact future site planning and development options. Property also shares a driveway and sewer line with the neighboring property to the west. Buyer to verify all information, zoning regulations, development potential, and feasibility to their own satisfaction.
$588,000
-$261,950 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $725K and $1M.
Rental earnings
$1,775/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$730,000Last sold price
5137 Sw Admiral Way, Seattle, WA 98116
$725,000Last sold price
2667 51st Avenue Sw, Seattle, WA 98116
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.
5603 Sw Lander Street, Seattle, WA 98116
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.
Neighborhood mobility
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
$5,135 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.

$725,000
3717 Beach Drive Sw #207, Seattle, WA 98116
Susan Shelland · RSVP Brokers ERA

$915,000
80 Vine Street #703, Seattle, WA 98121
Don Kenney · Windermere Real Estate Co.

$500,000
2400 Western Avenue #807, Seattle, WA 98121
Josh Barnard · Real Broker LLC

$599,000
2440 Western Avenue #503, Seattle, WA 98121
Vin Cangialosi · KW Greater Seattle

$650,000
121 Vine Street #703, Seattle, WA 98121
Linda Chou · Realogics Sotheby's Int'l Rlty

$625,000
737 Olive Way #2703, Seattle, WA 98101
Julie Roh · Realogics Sotheby's Int'l Rlty
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 12, 2026 at 10:12am (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Listed by Paul B. Poirier • Berkshire Hathaway HS NW
Listing updated: June 12, 2026 at 10:12am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2537640
Open Sat, Jun 13 +1
Open Sat, Jun 13 +1
Open Sat, Jun 13 +1
Open Sat, Jun 13 +1
Open Sat, Jun 13
Open Sat, Jun 13Seattle 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: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 7 days.
$3,295,000 Sold
2 weeks ago
•Single Family
4131 Beach Drive Sw, Seattle, WA 98116
5%
Under list
—
Days on market
0.9 mi
Distance
$755,000 Sold
3 weeks ago
2 bd•1 ba•~1,470 sq ft•Single Family
2159 52nd Avenue Sw, Seattle, WA 98116
0%
Over list
—
Days on market
0.4 mi
Distance
$3,850 Sold
5 weeks ago
2 bd•Single Family
4027 Beach Drive Sw #1, Seattle, WA 98116
10%
Over list
—
Days on market
0.8 mi
Distance
$1,700,000 Sold
2 months ago
3 bd•3 ba•~2,735 sq ft•Single Family
2727 50th Avenue Sw, Seattle, WA 98116
0%
Over list
—
Days on market
0.4 mi
Distance
$750,000 Sold
2 months ago
3 bd•1 ba•~1,077 sq ft•Single Family
3415 48th Avenue Sw, Seattle, WA 98116
0%
Over list
—
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 Jun 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.