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$1,750,000

Active

Listing provided by David W Petersen, Westlake Associates, Inc.

110

DOM

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About this property.

This exceptional Meadowbrook Development Site comprises three parcels on the east side of Lake City Way NE, totaling approximately 43,957 square feet, zoned NC3-55 (M). NC3-55 (M) zoning delivers outstanding development flexibility with a 55-foot height limit (enabling efficient 5-story mixed-use structures) and 3.75 base FAR (~164,839 sq ft allowable) (Buyer to Verify), positioning the site for significant value creation through townhomes, rowhouses, apartments, ground-floor retail/commercial, or storage facility, construction yard, and many other uses. This highly visible, high-traffic corner location commands strong exposure along a major arterial, while also immediately adjacent to Meadowbrook Playfield and Community Center—prime recreational amenities that drive residential demand . Preliminary analysis supports ~40 townhomes with covered parking or 200+ multifamily units in a mixed-use format. Sweeping eastern views over the playfield, Lake Washington, and the Cascade Mountains provide a rare competitive edge, enhancing marketability and resident appeal in one of North Seattle’s most desirable neighborhoods. Proximity to operational Northgate light rail, I-5, and everyday conveniences further solidify long-term investment potential and absorption strength

Property details.

Property TypeLand
Sub TypeLand
Lot Size43,957 sq ft
Lot Acres1.01
FEMA Flood RiskMinimal (Zone X)
List Price$1,750,000
MLS StatusActive

Features.

Sewer

In Street

Water Source

In Street

Utilities

Electricity AvailableNatural Gas Available

Property Features

Brush,Evergreens,Partially Cleared

Agent information.

List AgentDavid W Petersen
List OfficeWestlake Associates, Inc.

Drive time

From this home

Mt. Baker Ski Area

Galbraith Mountain

Village Books

Slothy

Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

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Listed by: David W Petersen, Westlake Associates, Inc.

Courtesy of Westlake Associates, Inc.

Source: NWMLS, MLS#: 2561787NWMLS

NWMLS

Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 07/30/2026, 15:15:57 PST. 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. Provided by NWMLS as distributed by MLS Grid.

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