Rockhood
$10,500,000List price
Active

12461 NE Woodinville Drive · Woodinville, WA 98072

Source: NWMLS · Realty One Group Enterprise · Faramarz Ghoddoussi #NWM2519748

About this home

This 1.13-acre development site in the heart of City of Woodinville is fully entitled and approved for 161 units, allowing you to skip years of permitting - with the heavy lifting already done. The development site spans across five contiguous lots consisting of a strong multifamily submarket demand drivers with high desirable community in the city. Woodinville is consistently ranked as Washington’s best place to live, offering a wealthy resident base and easy access to major employers like Microsoft, SpaceX, and the Bothell University of Washington and biotech hub. With a massive shortage of housing in the area and quick access to I-405, this project is perfectly positioned to meet the high demand for luxury living. This is a rare, high-reward opportunity to enter a top-tier market with all the heavy lifting already finished.

Location

Basics

Property type
Multi Family
Style
10+ Units
Stories
7 stories
Year built
1949
Building area
3,553 sq ft
Lot size
49,679 sq ft (1.14 acres)
County
King
MLS #
NWM2519748

Interior

Heating
See Remarks
Cooling
See Remarks

Exterior & lot

Exterior features
See Remarks
Roof
See Remarks
Lot features
Corner Lot, Paved, Value In Land
View
Territorial
Waterfront
No

Parking

Parking spaces
230
Garage
3
Covered spaces
230

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric, Natural Gas

Community & fees

Subdivision
Downtown Woodinville
Property tax
$37,000 (2026)

Transaction

Listed on
May 7, 2026
Days on market
135
Listing terms
Cash
Possession
Closing

More homes nearby

Schools

School district: Northshore

Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Inglemoor High School
SchoolDigger 5 stars · Top 6% in WA

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Listing provided courtesy of: Realty One Group Enterprise

Listing agent: Faramarz Ghoddoussi.

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 2026-08-31.