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Prime development opportunity in the heart of Kirkland's Norkirk East of Market neighborhood. Just steps from Van Aalst Park, this 18,000 SF (.413-acre) property, zoned RS 7.2, offers exceptional potential to build a custom estate, renovate the existing home, explore cottage cluster development, or pursue subdivision potential (buyer to verify). Surrounded by established homes and luxury new construction, this premier location is just minutes from downtown Kirkland and the Lake Washington waterfront. Offered for the first time in more than 30 years, the existing 1963 split-level home features 1,770 SF with 4 bedrooms, 2.5 baths, original hardwood floors, and a finished lower level with separate exterior access. Renovate, expand, or start fresh with a custom luxury residence designed to maximize this exceptional homesite. Whether as a primary residence, investment property, or future development opportunity, this property offers outstanding flexibility in one of the Eastside's most sought-after neighborhoods. Conveniently located near downtown shopping, dining, waterfront parks, major employers, with easy access to Bellevue, Redmond, and Seattle. Situated within the highly regarded Lake Washington School District, large parcels of this size and location are increasingly rare. Home sold as-is. Buyer to verify all development potential, zoning, and permitted uses to their own satisfaction.
Listed by George Caudill • Pacific Properties
Listing updated: August 28, 2026 at 01:00pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2561681
RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
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Kirkland 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 for about 1% below list price.
Time on market: The average home goes pending in around 7 days.
$4,900,000 Sold
3 months ago
6 bd•4.75 ba•~6,171 sq ft•Single Family
1813 3rd Street, Kirkland, WA 98033
0%
Over list
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Days on market
0.4 mi
Distance
$1,675,000 Sold
3 months ago
3 bd•1.75 ba•~1,999 sq ft•Single Family
639 12th Avenue, Kirkland, WA 98033
1%
Under list
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Days on market
0.3 mi
Distance
$3,750,000 Sold
5 months ago
5 bd•4.25 ba•~3,942 sq ft•Single Family
520 7th Street S, Kirkland, WA 98033
0%
Over list
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Days on market
1.0 mi
Distance
$3,500,000 Sold
5 months ago
5 bd•4.25 ba•~3,743 sq ft•Single Family
612 11th Avenue, Kirkland, WA 98033
2%
Under list
—
Days on market
0.3 mi
Distance
$1,950,000 Sold
5 months ago
4 bd•3.5 ba•~2,817 sq ft•Single Family
312 7th Lane S #33, Kirkland, WA 98033
0%
Over 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.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
Lake Washington 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.