$650,000
Est. $3,345/mo0 40xx 58th Place Sw, Seattle, WA 98116
• Listed 2026-06-18•60 days on market
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Based on information submitted to the MLS GRID as of June 18, 2026 at 02:43pm (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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A rare, ready-to-build opportunity in one of West Seattle’s most coveted enclaves near Alki Beach. This exceptional homesite offers the chance to bring a striking modern luxury residence to life—without the years of uncertainty, delays, and complexity that typically define Seattle development.The current owners have already completed the heavy lifting, investing over $200,000 and several years navigating the city’s rigorous engineering and permitting process. Their vision was clear: to begin construction on a stunning custom home this year. With plans shifting after the purchase of another waterfront property, they now present a unique opportunity for the next owner to step in and move forward with confidence.Key groundwork is already in place, including extensive geotechnical analysis, a professionally engineered hillside shoring system, and major structural and design planning. An architectural concept for a contemporary luxury home further enhances the potential, offering inspiration while leaving room for personalization.For buyers seeking a seamless path to building in a premier location, this property stands apart. Skip the timelines, uncertainty, and upfront legwork—this is a streamlined opportunity to accelerate your vision and build in one of Seattle’s most desirable beachside neighborhoods. Drawing is available too, please reach out if desired.
Listed by Dean Johnson • eXp Realty
Listing updated: June 18, 2026 at 02:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2541062
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (7)
See more →
Open Wed, Aug 19 +1
Open Sat, Aug 22 +3
Open Sat, Aug 22 +1
Open Sat, Aug 22 +1$690,000
+$40,000 over list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $579K and $800K.
Rental earnings
$2,075/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$800,000Last sold price
4027 48th Avenue Sw, Seattle, WA 98116
$579,000Last sold price
2756 44th 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.
0 40xx 58th Place Sw, 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.
$3,851 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%.
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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.
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 8 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
