3101 S Walden Street · Seattle, WA 98144
Source: NWMLS · John L. Scott, Inc · Paul F. Mackay Jr #NWM2508686
About this home
Prime development opportunity in Seattle’s rapidly growing Mount Baker neighborhood. Positioned on a desirable corner lot, this LR2-zoned property offers exceptional flexibility for builders and investors—ideal for townhomes, small multifamily (2–4 units), or a larger-scale apartment or condo project (buyer to verify). The existing home is livable, with a long-term tenant recently vacated, but the true value lies in the land and its development potential. All utilities are available on-site, helping streamline the entitlement and building process. The flat, usable lot configuration further enhances efficiency for site planning and construction. Located just minutes from the Mount Baker light rail station, this property offers strong transit-oriented appeal, making it highly attractive for future residents and renters alike. Convenient access to I-90 provides quick connectivity to I-5, I-405, downtown Seattle, Bellevue, and beyond. This central location continues to see strong growth, driven by infrastructure, accessibility, and increasing housing demand. The seller has not pursued full development, creating an opportunity for the next owner to step in and unlock the site’s full potential. Seller is open to working with buyers exploring a mid-sized project. Opportunities like this—combining zoning flexibility, location, and upside—are increasingly rare in this high-demand corridor. Bring your vision and capitalize on the growth of Mount Baker.
Location
Basics
- Property type
- Single Family Residence
- Style
- 1 Story
- Stories
- 1 story
- Year built
- 1963
- Lot size
- 7,200 sq ft (0.17 acres)
- County
- King
- MLS #
- NWM2508686
Interior
- Heating
- Forced Air
- Cooling
- None
- Interior features
- Water Heater
Exterior & lot
- Exterior features
- Wood Products
- Roof
- Composition
- Lot features
- Corner Lot
- Topography
- Level
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 2
- Garage
- Yes
- Covered spaces
- 2
- Parking features
- Detached Garage
Utilities
- Water
- Public
- Sewer
- Available
- Power
- Electric
Community & fees
- Subdivision
- Mt Baker
- Property tax
- $10,382 (2025)
Transaction
- Original list price
- $1,150,000 (8.7% price cut)
- Listed on
- Apr 16, 2026
- Days on market
- 157
- Price per sq ft
- $1,721
- Listing terms
- Cash, Conventional, Owner Will Carry
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2026-04-16
- Active$1,050,000
Schools
School district: Seattle
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Franklin High SchoolSchoolDigger 2 stars · Top 56% in WA

Listing provided courtesy of: John L. Scott, Inc
Listing agent: Paul F. Mackay Jr.
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 2026-06-20.