$650,000
Est. $3,600/mo0 40XX 58th Place SW, Seattle, WA 98116
• Listed Jun 18, 2026•30 days active · 30 cumulative
Listing Broker: eXp Realty; Dean Johnson; 253-224-6390; johnsonpst@hotmail.com
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Listing Broker: eXp Realty; Dean Johnson; 253-224-6390; johnsonpst@hotmail.com
About this home
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: September 21, 2026 at 11:33pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2541062
Around this home
How much should you offer?
0 40XX 58th Place SW, Seattle, WA 98116
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 SchoolDiggerSeattle School District
- Alki Elementary SchoolPublic · Grades K-5 · State rank 60 of 1,13810/10
- Madison Middle SchoolPublic · Grades 6-8 · State rank 25 of 51410/10
- West Seattle High SchoolPublic · Grades 9-12 · State rank 34 of 39610/10
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.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.11 acres
- Lot square feet
- 5,000 sq ft
- Lot details
- Paved
Zoning & use
- Zoning description
- Residential
- Zoning jurisdiction
- City
- Possible use
- Residential
Utilities
- Utilities
- Electricity Available, Natural Gas Available
- Electricity
- In Street
- Gas
- In Street
- Water
- In Street
- Sewer
- In Street
Road & access
- Road surface
- Paved
- Road responsibility
- County
- Road information
- Access Easement,County Maintained,County Right of Way,Paved
Surveys & reports
- Sketch submitted
- Yes
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $4,116
- Tax year
- 2026
- Financing
- Cash, Conventional
- 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 0 40XX 58th Place SW
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.
- Jun 18, 2026ListedNWMLS via MLS Grid · #2541062$650,000
- Apr 10, 2018Recorded saleKing County recorder · Statutory warranty deed$275,000
- Oct 25, 2013Recorded saleKing County recorder · Statutory warranty deed$875,000
- Oct 5, 2001SoldNWMLS via MLS Grid · #21099757$135,000
- Sep 6, 2001PendingNWMLS via MLS Grid · #21099757$150,000
- Jul 26, 2001ListedNWMLS via MLS Grid · #21099757$150,000
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
$4,106 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
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: eXp Realty; Dean Johnson; 253-224-6390; johnsonpst@hotmail.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 75 days.
Recent sales nearby
Within 1 mile · last 6 months$925,000 Sold
5 days ago
3 bd•1.5 ba•~2,431 sq ft•Single Family
4702 45th Avenue SW, Seattle, WA 98116
0%
Over list
31
Days on market
1.0 mi
Distance
$1,295,000 Sold
1 week ago
•Single Family
3604 Beach Drive SW, Seattle, WA 98116
4%
Under list
140
Days on market
0.4 mi
Distance
$859,750 Sold
2 weeks ago
3 bd•1.5 ba•~2,220 sq ft•Single Family
4810 54th Avenue SW, Seattle, WA 98116
7%
Over list
22
Days on market
0.7 mi
Distance
$1,300,000 Sold
3 weeks ago
3 bd•2.5 ba•~2,300 sq ft•Single Family
3435 61st Avenue SW, Seattle, WA 98116
4%
Over list
14
Days on market
0.4 mi
Distance
$820,000 Sold
3 weeks ago
2 bd•1 ba•~1,030 sq ft•Single Family
4018 59th Avenue SW, Seattle, WA 98116
4%
Under list
61
Days on market
0.1 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 21, 2026 at 5:31 AM 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.
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