$650,000
Est. $3,277/mo0 40xx 58th Place Sw, Seattle, WA 98116
• Listed 2026-06-18•New today
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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.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →$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.
$3,783 per month
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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.
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
$590,000
1900 Alaskan Way #402, Seattle, WA 98101
Stacie Whitfield · List4FlatFee.com, LLC
Seattle 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 6 days.
$3,295,000 Sold
3 weeks ago
•Single Family
4131 Beach Drive Sw, Seattle, WA 98116
5%
Under list
—
Days on market
0.1 mi
Distance
$3,850 Sold
6 weeks ago
2 bd•Single Family
4027 Beach Drive Sw #1, Seattle, WA 98116
10%
Over list
—
Days on market
0.1 mi
Distance
$659,950 Sold
2 months ago
2 bd•1 ba•~1,065 sq ft•Single Family
4104 49th Avenue Sw #b, Seattle, WA 98116
0%
Over list
—
Days on market
0.6 mi
Distance
$799,000 Sold
2 months ago
3 bd•1.5 ba•~1,500 sq ft•Single Family
4517 44th Avenue Sw, Seattle, WA 98116
0%
Over list
—
Days on market
1.0 mi
Distance
$750,000 Sold
2 months ago
3 bd•2.5 ba•~1,470 sq ft•Single Family
4312 Sw Spokane Street, Seattle, WA 98116
3%
Under list
—
Days on market
1.0 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.
