Rockhood
$2,350,000List price
Active

5721 35th Avenue S · Seattle, WA 98118

Source: NWMLS · eXp Realty · Charity Hill #NWM2562660

About this home

Western Parcel offers a rare opportunity to develop an 88-unit multifamily project in one of Seattle’s most connected and rapidly growing neighborhoods. The project has successfully completed Early Design Guidance, allowing the next owner to move efficiently toward permitting and construction. Located at the intersection of Columbia City, Hillman City, and Beacon Hill, the site benefits from a vibrant and culturally rich community known for its diverse dining, retail, arts, and entertainment options. The neighborhood’s strong identity and growing demand for housing continue to attract residents seeking an authentic urban lifestyle. The property is ideally positioned just two blocks from the future South Graham Street Light Rail Station, providing direct access to Downtown Seattle, Sea-Tac Airport, and the greater Puget Sound region. The site also offers convenient access to major bus routes and transportation corridors, supporting a highly walkable and transit-oriented living experience. Surrounded by parks, schools, employment centers, and daily amenities, Western Parcel is well suited for a modern residential development that combines urban accessibility with neighborhood character. The project may also qualify for Seattle’s Multi-Family Tax Exemption (MFTE) program, enhancing long-term investment potential.

Location

Basics

Property type
Commercial Industrial
Style
Hotel/Motel
Lot size
29,140 sq ft (0.67 acres)
County
King
MLS #
NWM2562660

Interior

Heating
None
Cooling
None

Exterior & lot

Topography
Level

Utilities

Water
Public
Sewer
Available

Community & fees

Subdivision
Columbia City
Property tax
$14,852 (2026)

Transaction

Original list price
$2,500,000 (6% price cut)
Listed on
May 11, 2026
Days on market
132
Listing terms
Cash, Conventional
Possession
Closing, Negotiable

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2026-05-11
Active$2,350,000

Schools

High
Franklin High School
SchoolDigger 2 stars · Top 56% in WA

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Listing provided courtesy of: eXp Realty

Listing agent: Charity Hill.

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 2026-09-02.