$650,000
Est. $3,359/mo0 40xx 58th Place Sw, Seattle, WA 98116
• Listed 2026-06-18•81 days on market
Talk to a local RexMont expert
Avg response under 5 mins
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
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
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.
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
$3,865 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.
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 11 days.
$1,325,000 Sold
2 weeks ago
3 bd•2.25 ba•~2,370 sq ft•Single Family
3028 63rd Avenue Sw, Seattle, WA 98116
4%
Under list
—
Days on market
0.7 mi
Distance
$1,045,000 Sold
3 months ago
3 bd•3.25 ba•~2,020 sq ft•Single Family
3001 60th Avenue Sw, Seattle, WA 98116
0%
Under list
—
Days on market
0.7 mi
Distance
$3,295,000 Sold
3 months ago
•Single Family
4131 Beach Drive Sw, Seattle, WA 98116
5%
Under list
—
Days on market
0.1 mi
Distance
$1,020,000 Sold
4 months ago
4 bd•2.25 ba•~1,960 sq ft•Single Family
4018 Beach Drive Sw, Seattle, WA 98116
15%
Under list
—
Days on market
0.1 mi
Distance
$3,850 Sold
4 months ago
2 bd•Single Family
4027 Beach Drive Sw #1, Seattle, WA 98116
10%
Over list
—
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 Sep 2026
MLS GRID Disclaimer
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.
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.
$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.
More homes in this area that match your range.

$699,000
2349 Harbor Avenue Sw #702, Seattle, WA 98126
Mara Haveson · COMPASS

$649,000
8449 18th Avenue Sw #c, Seattle, WA 98106
Mara Haveson · COMPASS

$769,000
2125 1st Avenue #1902, Seattle, WA 98121
Moira E Holley · Realogics Sotheby's Int'l Rlty

$498,000
121 Stewart Street #407, Seattle, WA 98101
Erica R. Clibborn · Windermere Real Estate Midtown

$349,900
2600 2nd Ave #615, Seattle, WA 98121
Kristina Sunwoo · Wilson Northwest Investments

$499,000
2100 3rd Avenue #1703, Seattle, WA 98121
Sam Benton · Pointe3 Real Estate

$535,000
10203 47th Avenue Sw #b8, Seattle, WA 98146
Tayna Lorella · COMPASS

$499,000
1415 2nd Avenue #2106, Seattle, WA 98101
Jocelyn DuPont · John L. Scott Arlington

$499,000
1415 2nd Avenue #2106, Seattle, WA 98101
Jocelyn DuPont · John L. Scott Arlington

$498,000
121 Stewart Street #407, Seattle, WA 98101
Erica R. Clibborn · Windermere Real Estate Midtown

$599,900
121 Stewart St #3004, Seattle, WA 98101
Kaming Wong · KW Greater Seattle

$499,900
530 4th Avenue W #410, Seattle, WA 98119
Aishwarya Sriraj · Keller Williams Rlty Bellevue