12461 NE Woodinville Drive, Woodinville, WA 98072

Courtesy of Realty One Group Enterprise

$10,500,000
3,553
SqFt

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List Price
$10,500,000
Status
ACTIVE
Days on Market
81
MLS#
2519748
Subtype
Residential Income
Style
56 - 10+ Units
Year Built
1949
Living Area
3,553
Lot Size
49,679
Acres
1.14
Subdivision
Downtown Woodinville
Neighborhood
Downtown Woodinville
MLS Area Major
Juanita/Woodinville

Property Description

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.

Additional Information

Exterior Features
See Remarks
Property Description
56 - 10+ Units
Heating
See Remarks
Air Conditioning
See Remarks
Roof
See Remarks
Garage Spaces
3
School District
Northshore
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
View
Territorial
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