15620 5th Avenue NE in Shoreline

Developers, Builders & Investors — this 8,184 sq ft MUR-35 lot sits in the heart of Shoreline’s rapidly growing urban core, less than a mile from the Shoreline South/148th Light Rail Station. A level, sunny, rectangular parcel, it offers the kind of straightforward, cost-efficient build-ability that’s increasingly hard to find in transit-oriented zones. The existing two bedroom/one bath home is a classic fixer with hardwood floors, large kitchen, designated dining space and mud room with laundry. Use for a short-term rental during permitting or remove to begin development immediately. The real value is in the land and the proven density: two lots to the south, an identical parcel produced four 1,700+ sq ft townhomes, confirming both market demand and city support for multi-unit housing here. Surrounded by successful townhome projects, new amenities, and ongoing neighborhood transformation, this location supports strong buyer interest in new construction with commuter access.

This listing is provided courtesy of NWMLS, contributed by Windermere RE North, Inc.

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