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 Centerprime 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
| MLS # | 2561787 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 41 |
| Listing Provided By | Westlake Associates, Inc. | David W Petersen |
| Zoning | Commercial,Multi-Family |
|---|---|
| Acreage | 1.01 |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98125 |
| Area | 710 North Seattle |
| Community Name | Meadowbrook |
| Listing VS Median (in Meadowbrook) | |
Price: $1,750,000 low | high Med: $1,050,000 On site: 41 low | high Med: 61 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98125 |
| Area | 710 North Seattle |
| Community Name | Meadowbrook |
| Listing VS Median (in Meadowbrook) | |
Price: $1,750,000 low | high Med: $1,050,000 On site: 41 low | high Med: 61 | |