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 SchoolSchoolDigger 5 stars · Top 6% in WA

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.