2540 39th Avenue E #5 · Seattle, WA 98112
Source: NWMLS · Realogics Sotheby's Int'l Rlty · Kathryn Holly Hinds #NWM2510960
About this home
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.
Location
Basics
- Property type
- Land
- Style
- Res-Less thn 1 Ac
- Lot size
- 20,699 sq ft (0.48 acres)
- County
- King
- MLS #
- NWM2510960
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Lot features
- Cul-De-Sac, Dead End Street, Paved
- Topography
- Level
- View
- Lake, Territorial
- Waterfront
- Yes
Utilities
- Water
- Available, In Street
- Sewer
- In Street
- Utilities
- Electricity Available, Natural Gas Available, See Remarks
Community & fees
- Subdivision
- Madison Park
- Community features
- Boat Launch, CCRs, Gated
- HOA dues
- $1,188/mo
- Property tax
- $16,050 (2025)
Transaction
- Listed on
- Apr 21, 2026
- Days on market
- 407
- Listing terms
- Cash, Conventional
- Possession
- Closing, Negotiable, See Remarks
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2004-05-24
- Sold$1,150,000
Schools
School district: Seattle
- Elementary
- Seattle Public Sch
- Middle
- Seattle Public Sch
- High
- Garfield High SchoolSchoolDigger 4 stars · Top 13% in WA
Listing provided courtesy of: Realogics Sotheby's Int'l Rlty
Listing agent: Kathryn Holly Hinds.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-18.