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7818 NE Lake City Way Ne, Seattle, WA 98115

Seattle
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: diane li
Office: kelly right re of seattle llc.
MLS#:2514400
Source:NWMLS
7818 NE Lake City Way Ne,Seattle, WA 98115
$840,000
  • 3 Beds
  • 2 Baths
  • 1,920 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$840,000
  • Price per sq. ft.:$437.5

About this home

ATTN Developers, Builders, & Investors! An exceptional, high-density development opp a/w in Lake City urban corridor. Offer for the first time, 7818 & 7822 Lake City Way combined, near-level ~9,000 SF footprint primed for a mid-rise, mixed-use project. Featuring robust C1-55 zoning w/ an allowable 3.75 FAR, provides a clear, predictable pathway to construct. a 6-story bldg. Prelim Feasibility highlights an ideal yield of up to 42 RES units (suited for studios/1-bdrm) ground-floor commercial use. Take advantage of Seattle’s 4-foot gnd-fl height bonus to max. ceiling & views, utilizing UG parking entry. Strong local rental demand, prime eligibility for Seattle's 12 year Multi-family Tax Exemption (MFTE) program to max. your post-stabilization yields. while you clear your master use permits (MUP). Buyer to verify all feasibility and zoning constraints to their satisfaction. Total Lot Size: Approx. 9,000 SF (Combined dual-parcel assemblage) Zoning: C1-55 (Commercial 1, 55’ base height...

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Home facts

  • Year built:1925
  • Subdivision & Development:Ravenna
  • Listing ID #:2514400
  • Updated:August 04, 2026 at 12:32 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Hardwood
  • Kitchen Description:Dishwasher, Disposal, Refrigerator
  • Bedroom Description:Lower Level Bedrooms : 1, Main Level Bedrooms : 2
  • Basement:Yes
  • Basement Description:Finished
  • Living area:1,920 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1925
  • Building area:1,920 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Alley, Paved, Sidewalk
  • Architectural Style:Traditional
  • Construction Materials:Cement/Concrete Exterior Finish
  • Exterior Features:Fenced-Fully
  • Foundation Description:Finished
  • Levels:Multi/Split

Schools

  • High school:Roosevelt High
  • Middle school:Eckstein Mid
  • Elementary school:Green Lake

Utilities

  • Water:Community
  • Sewer:Available

Finances and disclosures

  • Price:$840,000
  • Price per sq. ft.:$437.5
  • Tax amount:$11,037 (2026)

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:French Doors, Gated Entry, Water Heater

Parking

  • Total parking spaces:180
  • Parking description:Detached Garage
  • Garage:Yes
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 4, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Vicki Monteagudo

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