Rare 9,000 SF combined opportunity in the heart of South Lake Union2538 & 2540 Dexter Ave N offered together. Zoned LR3 (Buyer to Verify), this site presents strong potential for future redevelopment, including apartments, townhomes, or a boutique multi-unit project.At the same time, both properties are livable today with flexible use: 2538 is a duplex (2 × 1BD/1BA) and 2540 is a ~2,700 SF single-family home (3BD/2.25BA), well-suited for owner-occupancy, multi-generational living, or rental income while planning next steps.Elevated site captures expansive views of Lake Union, Gas Works Park, Ship Canal, Seattle skyline, and the Cascade Mountainsa rare combination of scale, view, and location.Minutes to South Lake Union, Fremont, and Downtown, with transit, bike routes, and daily amenities nearby.A unique in-city asset offering immediate usability with long-term upside. Additional information available. Buyer to verify all development potential.
| MLS # | 2511118 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 134 |
| Listing Provided By | eXp Realty | Helena Chen |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,080 |
| Story(s) | 1 |
| Acreage | 0.10 |
| Property View | Yes |
| Property | 10364 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98109 |
| Area | 700 Queen Anne | Magnolia |
| Community Name | Lake Union |
| School District | Lincoln High |
| Elementary School | Hay |
| High School | Lincoln High |
| Listing VS Median (in Lake Union) | |
Price: $1,520,000 low | high Med: $399,000 sqft: 3,080 low | high Med: 653 $ / sqft: $494 low | high Med: $611 On site: 134 low | high Med: 147 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98109 |
| Area | 700 Queen Anne | Magnolia |
| Community Name | Lake Union |
| School District | Lincoln High |
| Elementary School | Hay |
| High School | Lincoln High |
| Listing VS Median (in Lake Union) | |
Price: $1,520,000 low | high Med: $399,000 sqft: 3,080 low | high Med: 653 $ / sqft: $494 low | high Med: $611 On site: 134 low | high Med: 147 | |
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