500 Raye Street, Seattle, WA 98119

$346,500

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Listing courtesy of COMPASS. Selling Office: COMPASS.

Sold Price
$346,500
List Price
$350,000
Status
SOLD
MLS#
2407592
Closing Date
Oct 10, 2025
Days on Market
54
Lot Size (sq ft)
22,700

Property Description

Unlock a rare opportunity to develop a vacant lot in the vibrant Queen Anne neighborhood, perfect for builders or visionaries aiming to create a standout project. Zoned SF 5000, this parcel offers a generous ~8,500 sq/ft flat build area, ideal for a custom single-family home with an ADU/DADU or a 2-lot short plat for two residences (buyer to verify). With potential views of Lake Union and the Cascades, blending level terrain with a picturesque northern slope, this lot combines natural charm with urban convenience. Just steps from Queen Anne’s lively shops, dining, and transit, it’s a prime canvas for a dream home or smart investment.

Additional Information

Community
Queen Anne
Style
40 - Res-Less thn 1 Ac
Zoning Jurisdiction
City
Features
Brush, Lightly Treed
View
Canal, City, Mountain(s), Partial, Territorial
Sewer
In Street
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Cash Out, Conventional
Driving Directions
99 N. Right on Holladay St. Left on 6th. (Suggestion: go to 4th, find parking and walk to lot). 99 South. R on Ray St, sharp R on 6th (Suggestion: go to 4th, find parking and walk to lot)
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.
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Calculator source: Real Geeks