About this home

Builders and Investors Alert!! Exceptional investment opportunity in the highly sought-after Lower Kennydale neighborhood. This R-6 zoned property features preliminary short plat approval for three residential lots, offering builders and investors a significant head start on development. Each proposed lot has approximately 8600sqft, potential for a single-family residence and a DADU, providing the potential opportunity to develop up to six residential units. With much of the entitlement work already completed, this project offers reduced development timelines, lower carrying costs, and less upfront risk. Located in an established neighborhood with strong demand for new construction, the property is just minutes from I-405, Bellevue, Seattle, The Landing, Gene Coulon Memorial Beach Park, shopping, dining, and major employment centers. Whether your strategy is to build and sell, create a long-term rental portfolio, or pursue a combination of both, this property offers exceptional flexibility and upside.

Around this home

Property details

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Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Renton School District

• Kennydale Elementary School

  Public · Grades K-5 · State rank 317 of 1,138
  8/10
• McKnight Middle School

  Public · Grades 6-8 · State rank 256 of 514
  6/10
• Hazen Snr High

  Public · Grades High
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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.

Source: 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.

Market pulse

Renton is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

• Offer insight: Homes typically sell with one offer near asking price.

• List to sale price: The average home sells for about 1% below list price.

• Time on market: The average home goes pending in around 47 days.

Market data from MLS GRID / NWMLS · Updated Sep 2026