$840,000
Listed at $950,0002 bd•1 ba•710 sq ft
1500 31st Avenue, Seattle, WA 98122
• Listed Jul 6, 2026
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Listing Broker: Lake & Company; Lihai Wang-Schmid; 206-512-6005; lihai@lakere.com
Buyer Broker: WPI Real Estate Services, Inc.
About this home
Exceptional opportunity for builders, developers, investors, or anyone looking to build in Seattle's sought-after Madrona neighborhood. Skip the time, expense, and uncertainty of Seattle's permitting process—Seller has already secured building permits (#7050347-CN & #7088573-CN), along with a completed survey, arborist report, and fully engineered plans (no steel beam/column, R-21 exterior wall, simple standard size window package). Approved plans feature an approximately 3,300 SF, 3-story residence with 5 bedrooms, 5.5 bathrooms, and covered view decks at levels 2&3, plus a detached 800 SF ADU with 1 bedroom, 1.5 bathrooms, a full kitchen, and a living area. Partial views of Downtown Seattle and Portage Bay. Conveniently located near parks, cafes, shopping, and local amenities. Approved plans and supporting reports transfer at closing and are included in the list price.
Listed by Lihai Wang-Schmid • Lake & Company
Listing updated: September 21, 2026 at 03:39pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2549941
Around this home
Property details
Bedrooms
- 2 bedrooms total
- 2 on the main level
Bathrooms
- 1 full bathroom
- 1 on the main level
Layout
- 1 Story w/Bsmnt.
- 710 sq ft finished, 300 sq ft unfinished
Heating & cooling
- Wall Furnace heating
- Wall Unit(s) cooling
Schools
Ratings via SchoolDigger- Madrona K-5 SchoolPublic · Grades PK-5 · 0.1 mi · State rank 613 of 1,1384/10
- Edmonds S. Meany Middle SchoolPublic · Grades 6-8 · 0.8 mi · State rank 185 of 5146/10
- Nova High SchoolPublic · Grades 9-12 · 0.6 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Vegetation
- Fruit Trees
Systems
- Energy source
- Electric
- Power production
- Electric
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 1
- Showers
- 1
New construction
- Square footage source
- County records
- Lot size source
- County records
Manufactured home
- Land lease
- No
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 1500 31st Avenue
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.
- Sep 21, 2026SoldNWMLS via MLS Grid · #2549941$840,000$1,183/sq ft
- Sep 5, 2026PendingNWMLS via MLS Grid · #2549941$950,000$1,338/sq ft
- Jul 6, 2026ListedNWMLS via MLS Grid · #2549941$950,000$1,338/sq ft
- Jun 7, 2016SoldNWMLS via MLS Grid · #922392$535,000$754/sq ft
- Apr 24, 2016PendingNWMLS via MLS Grid · #922392$549,888$774/sq ft
- Apr 8, 2016ListedNWMLS via MLS Grid · #922392$549,888$774/sq ft
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 45 days.
Recent sales nearby
Within 1 mile · last 6 months$2,300,000 Sold
0 days ago
2 bd•2.25 ba•~2,210 sq ft•Single Family
1701 33rd Avenue, Seattle, WA 98122
4%
Under list
95
Days on market
0.2 mi
Distance
$2,100,000 Sold
5 days ago
3 bd•1.75 ba•~3,020 sq ft•Single Family
1803 36th Avenue, Seattle, WA 98122
2%
Under list
22
Days on market
0.3 mi
Distance
$999,000 Sold
2 weeks ago
3 bd•2 ba•~1,633 sq ft•Single Family
207 25th Avenue, Seattle, WA 98122
0%
Over list
68
Days on market
0.8 mi
Distance
$567,950 Sold
3 weeks ago
2 bd•1 ba•~720 sq ft•Single Family
3011 E Pine Street, Seattle, WA 98122
3%
Over list
36
Days on market
0.1 mi
Distance
$735,000 Sold
3 weeks ago
3 bd•1.25 ba•~1,418 sq ft•Single Family
3404 E Spring Street, Seattle, WA 98122
2%
Under list
37
Days on market
0.2 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 13, 2026 at 8:06 PM 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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HO
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