Queen Anne/Magnolia Homes with 42 - Multi-Family Style

Nestled in the heart of Seattle, the enchanting neighborhoods of Queen Anne and Magnolia offer a unique blend of urban sophistication and serene natural beauty. Known for their stunning views of the Seattle skyline and Puget Sound, these areas are perfect for those who appreciate a vibrant community with a touch of tranquility.

Queen Anne is renowned for its historic charm, featuring beautifully preserved Victorian homes and tree-lined streets. The neighborhood boasts an array of local shops, cafes, and parks, including the iconic Kerry Park, where residents can enjoy breathtaking sunsets over the city. Meanwhile, Magnolia offers a more suburban feel, with expansive green spaces and waterfront access, making it ideal for families and outdoor enthusiasts alike.

For those interested in multi-family homes, Queen Anne and Magnolia present a fantastic opportunity. The multi-family housing options in these neighborhoods are not only an investment in property but also a chance to become part of a thriving community. These homes often feature spacious layouts, modern amenities, and proximity to local attractions, making them appealing for both renters and owners.

Living in a multi-family residence allows for a sense of community while still providing the privacy and comfort of home. With easy access to public transportation and major highways, residents can enjoy the best of Seattle without sacrificing the peaceful ambiance that Queen Anne and Magnolia offer. Whether you're looking to invest or find your dream home, these neighborhoods are a perfect choice for those seeking a blend of urban living and natural beauty. Experience the charm of Queen Anne and Magnolia, where every day feels like a retreat.

Newest Queen Anne/Magnolia Homes with 42 - Multi-Family Style

$2,000,000

2583599 MLS ⋅ ACTIVE Status

Westlake Development Site: two contiguous parcels at 1722 and 1726 Dexter Ave N, offered together. Each lot is 4,800 SF, for a combined 9,600 SF site zoned LR3(M). LR3(M) zoning and a floor area ratio of 1.8 support approximately 17,280 gross SF of development. Nearby lowrise sites of similar size and zoning have been developed as townhouse projects. Each lot is improved with a 1918 wood frame single family house (2 bed, 1 bath), both rented month to month, producing $4,600 per month in combined scheduled rent. Tenants pay their own utilities. Month to month tenancies let a buyer control the timing of delivery. Off-street driveway parking and in-unit laundry. The site sits on the east facing slope above Lake Union, giving upper floors of a new building water and territorial views, with Lake Union Park and the Westlake waterfront directly below. Dexter Ave N carries a protected bike lane and frequent bus service to downtown, South Lake Union and Fremont. Seller is open to developer terms, including an extended feasibility period and a closing timed to permitting. The adjacent parcels at 1730 and 1732-1734 Dexter Ave N are under the same ownership and marketed separately. Seller has not permitted or entitled the site; buyer to verify density, floor area, height, setbacks and any environmentally critical area designation with SDCI.

1722 Dexter Avenue N, Seattle

Listing Broker: Paragon Real Estate Advisors; Ben Douglas; 206-658-7247; ben@paragonrea.com

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