8716 Sand Point Way NE 1-14 - Seattle, WA 98115$6,500,000

Vacant Land in the Matthews Beach Neighborhood

Lot Square footage: 47,260 | Approx. Acreage: 1.08

Listing provided by:Kidder Mathews

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8716 Sand Point Way NE 1-14 Seattle, WA Description:

Positioned on the western shore of Lake Washington in the desirable Matthews Beach neighborhood just steps from the Burke-Gilman trail & short walk from Matthews Beach, Beach Club Cottages is a 14-unit multifamily community comprised of 6 buildings on two adjacent parcels. Boasting lake frontage, direct beach access, boat slips, garage & off-street parking, & fully renovated, luxury units, this property is a high-quality asset that should provide nearly 0% vacancy & will appeal to both apartment & owner-occupant investors. Alternatively, a new owner may opt to purchase the property, hold it for a time to enjoy the cash flow it offers, & then, at some futre date, redevelop the prime, waterfront parcels with a stunning home of their dreams.

8716 Sand Point Way NE 1-14 Seattle, WA Information:

Date Listed: 05-23-2024

Listing Number: 2242408

Parcel ID: 3426049041

Third Party Required (Short Sale): None

Terms of Financing: Cash Out, Conventional

Zoning: NR3

Community Name: Matthews Beach

County: King

Area: 710 - North Seattle

Lot Size: 1.08 acres

Lot Details: Open Space, Paved

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8716 Sand Point Way NE 1-14 Seattle, WA Amenities:

Sewer: On Property

Electrical Status: On Property

Gas Status: In Street

Improvements: Dwelling, Fenced-Partially, Garage

Water: On Property

Waterfront: Bank-Low, Lake

8716 Sand Point Way NE 1-14 is 47,260 sq. ft or 1.08 acres of vacant land located in Seattle and in the community of Matthews Beach. The available utilities include gas , electricity , sewer , and water .

Map of 8716 Sand Point Way NE 1-14, Seattle, WA:

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