2540 39th Avenue E Unit #5, Seattle, WA 98112

$1,500,000

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Listing courtesy of Realogics Sotheby's Int'l Rlty.

List Price
$1,500,000
Status
PENDING
MLS#
2510960
Days on Market
386
Lot Size (sq ft)
20,699

Property Description

Ready-to-build opportunity with City of Seattle permit for a 6,200+ SF custom home. Set on a rare and level 20,699 SF lot in Madison Estates, an exclusive, gated Lake Washington luxury community in the heart of Madison Park. This property offers a truly special setting. The site is beautifully positioned beside an architect-designed pond and surrounded by mature old-growth trees, creating a serene and distinctive landscape. Enjoy private community access to a boat dock and waterfront features. Permitted plans for a stunning Northwest Contemporary residence are included, or bring your own vision (in compliance with the HOA). Ideally located only blocks from the vibrant Madison Park Village, with its popular shops, restaurants, parks, and schools. Seller financing available.

Additional Information

Community
Madison Park
Style
40 - Res-Less thn 1 Ac
Zoning Jurisdiction
City
Restrictions
CC&R, NO Manufactured Homes
Waterfront
Yes
Waterfront Description
Lake, No Bank
View
Lake, Territorial
Sewer
In Street
Tax Year
2025
HOA Dues
$1,188
School District
Seattle
Elementary School
Seattle Public Sch
Middle School
Seattle Public Sch
High School
Seattle Public Sch
Potential Terms
Cash, Conventional
Driving Directions
GPS works great. It will bring you to the front gate at Madison Estates on 39th Ave E.
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